Cushman & Wakefield Negotiates Learnvest’s Relocation to Skysong 2

LearnVest, an award-winning financial planning company, is relocating its Arizona office to SkySong  2, according to Cushman & Wakefield of Arizona, Inc. The New York-based firm signed a three-year commitment at ASU’s Scottsdale Innovation Center located at 1375 N. Scottsdale Road for space that expands its operations. LearnVest is relocating from its initial Tempe site…

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Sue Cannon Joins Cassidy Turley as Vice President, Property Management

Cassidy Turley today announced that Sue Cannon, LEED Green Associate, has joined the firm’s property management division as Vice President in the Phoenix office. Ms. Cannon will oversee all operations of the property management portfolio and staff in Cassidy Turley’s Arizona office. In addition, she will be responsible for strategic business planning and management of client…

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RJM Construction begins renovations for Arizona Center for Hand Surgery in Phoenix

RJM Construction, a Phoenix general contractor, recently began renovations for Arizona Center for Hand Surgery’s Phoenix location. RJM Construction will renovate 6,000 sq. ft. of healthcare office space on the second floor at 370 East Virginia Ave. Arizona Center for Hand Surgery will continue to occupy the space throughout the project, which will be complete…

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Hannay Realty Advisors Announces Purchase of The Camelback East Shops

A partnership formed by Hannay Realty Advisors  announced that they have closed on the purchase of The Camelback East Shops located at 3201 E. Camelback Road in Phoenix, Arizona.  Camelback East Shops is a 25,000 square foot retail shopping center anchored by well-known tenants Tarbell’s, Tomaso’s and Vans Pro Shops.  The center is located close to the…

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Marcus & Millichap Arranges The Sale of a 4,242-Square Foot Net-Leased Property

Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Carl’s Jr., a 4,242-square foot net-leased property located in Phoenix, AZ, according to Donald D. Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1,800,000. Jamie Medress and Mark Ruble, investment specialists…

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Sperry Van Ness Advisors Start 2014 Strong with These Recent Leasing and Sales Transactions

RETAIL:Michael Gaida represented the landlord to lease a 1,862 SF former Valvoline Oil Center to tire dealer Llantera El Maripeno at Alma School Plaza, located at 753 S. Alma School Road in Mesa. Gaida also represented the tenant in the transaction. Mary Ridberg and Rommie Mojahed represented the landlord at Union Hills Square to lease…

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Cassidy Turley Completes $1.375 Million Office Condo Sale at Riverside Office Plaza II

Cassidy Turley announced that it successfully sold 13,419-square-feet, consisting of three office condos, at Riverside Office Plaza II, 1255 West Rio Salado Parkway in Tempe. FP Real Estate Holding, LLC dba Sonoran Spine Center (Phoenix, AZ) purchased the property for $1,375,447 ($102.49/psf) from Southwest Value Partners (Phoenix, AZ). Executive Managing Director Jeffery Wentworth and Vice…

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CBRE Multi-Housing Private Capital Group Negotiates Sale of Setting Sun Apartment

CBRE has negotiated the following multi-family sales transaction: Eightysun, LLLP of Vancouver, BC, Canada has purchased the Setting Sun apartment complex, a 28-unit multi-family property located at 6923 N. 80th Ave. in Glendale, Ariz., from Poway, Calif.-based seller Dramms LLC. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both parties in negotiating the $870,000 transaction. 

Timberline Place Condominiums in Flagstaff Sells for $11.825 Million

Cassidy Turley sold 102 Class A units at the Timberline Place condominium community located in Flagstaff, Arizona.  Clear Sky Timberline LP, an entity formed by Clear Sky Capital (Marcus Kurschat), a Phoenix based company purchased the property for $11,825,000 / $115,931 per unit.  Executive Managing Directors David Fogler and Steven Nicoluzakis, with Cassidy Turley Arizona’s Multi-Family…

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