MARCUS & MILLICHAP ARRANGES THE SALE OF A 7,441-SQUARE FOOT NET-LEASED PROPERTY

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Olive Garden Ground Lease, a 7,441-square foot net-leased property located in Casa Grande, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for…

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Walker & Dunlop Originates $47.2 Million in Construction Financing for Aviva Project in Mesa, AZ

Walker & Dunlop, Inc. (NYSE: WD) announced today it originated a $47,159,000 United States Department of Housing and Urban Development (HUD) 221(d)(4) new construction loan for Aviva, a Class A+ multifamily project in Mesa, Arizona. Housing Trust Group, based in Coconut Grove, Florida is the borrower and Aviva marks the first project for the firm…

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Arriba Capital Closes $17.3M Bridge Loan on Class “A” Office Complex: Southfield, MI

Arriba Capital, a fully-integrated, commercial real estate finance and investment company, announced Thursday they completed a $17,300,000 fixed rate bridge loan to refinance a major office complex. Located in Michigan’s premier commercial district, Metro Office Complex in Southfield, Mich., will undergo comprehensive capital improvements by the borrower. The 565,000 square feet, four-building office campus was formerly…

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Attesa Economic Impact Summary Estimates $1.2 Billion Activity Through Construction, then 15,000 Jobs and $1.8 Billion Per Year Upon Completion

Danrick Builders has released a comprehensive economic impact study for the construction and operation of Attesa, the 2,510-acre transportation design and motorsports entertainment destination being developed near Casa Grande, Arizona.  The study was conducted by Elliott D. Pollack & Company of Scottsdale, one of the nation’s leading real estate and economic consulting firms. “We were…

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STEVEN TYLER, JUSTIN BIEBER AMONG MEGASTARS AT CRAIG JACKSON’S BARRETT-JACKSON 2017 SCOTTSDALE AUCTION

Barrett-Jackson, The World’s Greatest Collector Car Auctions®, was this year’s place to be for sightings of megastars and supercars during the 46th Annual Barrett-Jackson Scottsdale Auction, held Jan. 14-22, 2017, at WestWorld of Scottsdale in Arizona. “If you were looking for the world’s coolest cars and hottest stars under one tent, Barrett-Jackson was definitely the…

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STEVEN TYLER, DALE EARNHARDT JR. HELP RAISE NEARLY $2.2 MILLION FOR CHARITY DURING 46TH ANNUAL BARRETT-JACKSON SCOTTSDALE AUCTION

Barrett-Jackson, The World’s Greatest Collector Car Auctions®, helped some of the most important charities in the world raise nearly $2.2 million benefiting groups including children, U.S. veterans and medical research during the 46th Annual Barrett-Jackson Scottsdale Auction on Jan. 14-22, 2017, at WestWorld in Arizona. Celebrities, pro athletes and top business executives donated collectible vehicles…

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Local electronics firm moves into new, 35,000 SF facility

To accommodate its unprecedented growth, a local custom electronics manufacturer has taken occupancy in a high-end, build-to-suit facility that is three times its current location. NAI Horizon Senior Vice President Rick Foss represented the buyer in the $3.54 million purchase of a 35,100-square-foot manufacturing building at 150 E. Chilton Drive in Chandler, Ariz. 7Chilton LLC…

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Arriba Capital Closes $17.3M Bridge Loan on Class “A” Office Complex: Southfield, MI

Arriba Capital, a fully-integrated, commercial real estate finance and investment company, announced Thursday they completed a $17,300,000 fixed rate bridge loan to refinance a major office complex. Located in Michigan’s premier commercial district, Metro Office Complex in Southfield, Mich., will undergo comprehensive capital improvements by the borrower. The 565,000 square feet, four-building office campus was formerly…

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