Groundbreaking Arrives for Phase I of Airport I-10 Business Park

Groundbreaking day has arrived for the first phase of Airport I-10—a Wentworth Property Company/Clarion Partners Class A industrial project being leased by the Phoenix office of JLL that, at completion, will represent one of the largest Sky Harbor Airport-area speculative industrial developments in Phoenix history. Located at the northwest corner of 24th Street and Rio…

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Raising Cane’s® Chicken Fingers Continues its Arizona Expansion

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced it has completed a  0.83-acres (36,213 square feet) build-to-suit lease for MRG Marketing & Management, Inc., Southwest franchise partner for Raising Cane’s Chicken Fingers, at Arrowhead Marketplace, located at the northwest corner of Bell Road and 79thth Avenue in Glendale. Cassidy Turley…

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Voit Real Estate Services Announces Tom Johnston As Managing Director Of Phoenix And Las Vegas Offices

Voit Real Estate Services has announced that Tom Johnston has been appointed Managing Director to oversee all aspects of Voit’s operations in the Phoenix and Las Vegas markets, according to Robert D. Voit, Chief Executive Officer of Voit Real Estate Services.  Johnston will provide guidance and leadership to his team comprised of brokerage and real…

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NorthMarq Capital secures acquisition financing for Greenway Plaza in Phoenix, Ariz.

John M. Stewart, senior vice president of NorthMarq Capital’s Denver based regional office, arranged $3 million acquisition financing for Greenway Plaza, a three building retail property located at 1849-1855 W. Greenway Plaza in Phoenix, Ariz. Financing was based on a 3-year term and 20-year amortization schedule and was arranged for the borrower by NorthMarq through…

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Velocity Retail Group Negotiates First Popeye’s Louisiana Kitchen for Phoenix

Velocity Retail Group, LLC announces that the first newly redesigned prototype for Popeye’s Louisiana Kitchen will be built at the southwest corner of Elliot Road and Priest Drive in Tempe, Arizona.   Dave Cheatham, President, Michael Clark, Vice President and Nick Ault, Associate of Velocity Retail Group represented Popeye’s in the transaction.  The landlord TPP JV…

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Cushman & Wakefield Negotiates CFA Cabinetry’s Relocation To Southwest Phoenix

CFA Cabinetry, a wholesaler of kitchen and bathroom cabinetry, is nearly doubling its warehouse and distribution space with a relocation to 420 S. 53rd Ave.  Cushman & Wakefield of Arizona, Inc. negotiated a five-year lease relocating CFA to a 63,840-square foot facility.  The company is expanding and relocating on May 1 from its 32,000 SF facility…

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New Suite Protector Insurance Program Simplifies Renter’s Insurance for Landlords

An innovative new approach to simplify renter’s insurance for landlords and property managers is now offered by Chicago-based Parr Insurance Brokerage through Burns & Wilcox. Called Suite Protector, the web-based platform provides guaranteed acceptance for tenants in approved communities, quick coverage and instant notification for tracking activity. “Making sure tenants are insured is a time-consuming…

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