Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that a company formed by California-based Ethan Christopher acquired Union Hills Village, 18631 N 19th Avenue, for $10.3 million ($93.47 PSF). The seller was Costa Mesa, CA-based Donahue Schriber Realty Group, L.P. Executive Managing Directors Ryan Schubert, Michael Hackett, Dan Wald and…Details
A Central Phoenix building that is a home for crucial medical centers that help thousands of people get well each year has a new owner. A Toronto-based private investor purchased the medical office building at 333 West Thomas Road, which is across the street from one of the largest hospitals in the state, St. Joseph’s Medical Center (home to the world-renowned…Details
Golden St. John has joined the Retail Services Division at Cushman & Wakefield of Arizona, Inc. as a Director. St. John has more than 10 years of real estate experience and is a licensed broker in Arizona. He began his career with a boutique retail consulting firm that specializes in the design and strategic tenant…Details
Velocity Retail Group, LLC announces that veteran retail broker Brian Gast has joined the firm as a Senior Vice President. With over 12 years of experience in the industry he brings a wealth of proficiency and solid relationships into Velocity’s existing client base. “As a top producer at his previous firm, Brian is adept at…Details
ZELL COMMERCIAL REAL ESTATE SERVICES, INC., a full service shopping center management and leasing firm based in Phoenix, Arizona announces the three new retail center leasing listings: ZELL Commercial Real Estate Services, Inc. has been awarded the leasing listing for Village at the Boulders Shopping Center, located at 1260 Gail Gardner Way in Prescott, Arizona. …Details
The Phoenix office of JLL has completed the $9 million sale of 5th Street Industrial, a 110-square-foot industrial building at 3405-3445 S. 5th Street in Phoenix. The deal bolsters the rapid recovery of Phoenix industrial space in the 50,000 – 150,000-square-foot range, as highlighted in the first quarter Phoenix Industrial Report released last week by…Details
Artemis Realty Capital Funds $9.62 Million For a Portfolio Of 98 Homes and 128 Unit Multifamily Property.
- 6.5MM – Acquisition loan for 98 fully rented single family residences in Surprise, Arizona.
- 3.12MM – Acquisition loan for a 128 unit multifamily property in Phoenix, Arizona.
Arizona Chapter Of Corenet Global To Present Annual Phoenix Market Overview By Cushman & Wakefield’s Chris Toci
An in-depth overview of the Metro Phoenix real estate market including the evaluation of demographic drivers, supply and demand, and trends will be presented by Chris Toci of Cushman & Wakefield of Arizona at the May event sponsored by the Arizona chapter of CoreNet Global. The presentation by Toci, Executive Director for Capital Markets at…Details
EJM Development Co. has broken ground on $5 million worth of infrastructure development at Goodyear Gateway South in Goodyear, Arizona. Goodyear Gateway South is a ±221 acre industrial zoned park located just north of the Phoenix Goodyear Airport that has recently been subdivided with lots ranging in size from 9.6 acres to 50 acres. Construction…Details
Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that it completed leases of 13,782 square feet with Kforce, Inc., 7,468 square feet with Lawyers Title, 6,293 square feet with GL Legacy Commercial Advisors, Inc., and 2,250 square feet for Newmark Realty Capital at 3131 and 3133 East Camelback Road in…Details
PHOENIX, May 6, 2014 – After an extensive vetting process, the Phoenix office of JLL has been selected as the exclusive leasing agent for the four Class A office towers at The Esplanade, a 1-million-square-foot landmark mixed-use project located at 24th Street and Camelback Road, in the heart of Phoenix’s prestigious Camelback Corridor. JLL Managing…Details
Sale Transactions: Mike Myrick negotiated the sale of a 6,742 SF retail property, representing both the seller, Bill Johnson’s Restaurants, Inc., and the buyer, PV Dysart, LLC, for $1,600,000. The property is located at 1330 North Dysart Road in Goodyear, AZ. Laurel Lewis negotiated the sale of a 3,408 SF office property, representing the…Details
Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that it completed a lease of 18,478 square-feet for King Insulation at Martin Van Buren Distribution Center, 402 North 37th Drive in Phoenix. Vice President Louis Finocchiaro, SIOR, of Cassidy Turley’s Industrial Services Group represented the tenant, Phoenix-based, King Insulation, while Todd…Details
Below is a summary of Velocity Retail Group, LLC recently completed transactions. Laser Away Centers will be opening their 2nd location in Arizonaat the northeast corner of Camelback Road and 44th Street in Phoenix. Judi Butterworth of Velocity Retail Group negotiated the five-year lease of 1,259 square feet on behalf of the tenant. The landlord,…Details
RETAIL LEASES: Peter McQuaid, Greg Vanlerberghe and Erin Schrauth represented the landlord at Gilbert Fiesta II, located at 183 W. Williams Field Road in Gilbert, to lease 1,400 SF to Ultra Dynamic Nails. Rommie Mojahed and Mary Ridberg represented the landlord to at Lindsay Groves Marketplace to lease 2,287 SF to Firehouse Subs. The shopping…Details