Highlands Village Equities Purchases The Shoppes at Highlands Village

Cassidy Turley, a leading commercial real estate services provider in the U.S., announces the sale of The Shoppes at Highlands Village, a grocery-anchored neighborhood shopping center at 1145 North Ellsworth Road. in Mesa, Ariz. Highlands Village Equities, LLC (a company formed by Glenwood Development Company) purchased the 87,486 square foot center for $10.05 million from…

Details

Vestis Group Brokers Sale Of Roosevelt Street Office Building In Downtown Phoenix

Vestis Group announces that brokers Natan Jacobs, Les Litwin and Victoria Miachika have completed the sale of Roosevelt 11, a 5,028 square feet, single-level, freestanding office building, located near Roosevelt Row in Downtown Phoenix, for $372,000 / $73.99 per square foot.   Ronald Yenney of Ephrata, Washington sold the Roosevelt 11 office building, located at 1018…

Details

Harvard Investments Partners, Lincoln Property Co. to Develop Class A Office Park

Harvard Investments announced today that it will partner with Lincoln Property Company to develop the second and final phase of Riverview Point, a Class A office project directly adjacent to the 250-acre Mesa Riverview mixed-use property in Phoenix’s booming Southeast Valley. Harvard Investments purch ased the 19.55-acre land parcel for the new project from Montana Avenue…

Details

CBRE Enhances Services with Addition of Lefevers

CBRE’s Phoenix office announces that Jay Lefevers, founding principal of Phoenix-based Viewpoint Group, LLC will join CBRE’s Valuation and Advisory Services team.  “I am excited to welcome Jay to the CBRE team,” said Mike Rowland, senior managing director of CBRE’s Valuation and Advisory Services Intermountain Region. “Jay is one of the top appraisal professionals in…

Details

CALCAP Advisors Acquires 358 Units In Two Distressed Multifamily Transactions

CALCAP Advisors is announcing that it has purchased its first apartment community in Nevada, followed shortly thereafter by the purchase of its thirteenth apartment community in Arizona, to combine for a total of 358 units acquired in the month of May. Pecos Pointe Apartments, a 160-unit property in Las Vegas, was purchased for $6,000,000 ($37,500 per unit/$41.72 per square…

Details