LevRose Commercial Real Estate Hires Industry Veteran Mike Baumgardner as Sales Director

– LevRose Commercial Real Estate, one of the Valley’s top commercial real estate brokerage and management companies, recently hired commercial real estate veteran Mike Baumgardner as its sales director. Baumgardner began his career in 2003 with Costar and became well known in the Arizona commercial real estate industry and later the western region. After being named…

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Vestis Group Brokers Scottsdale Neighborhood Shopping Center Sale

Vestis Group, a commercial brokerage and investment firm, is pleased to announce the sale of Via Linda Plaza, a 16,158 square-foot neighborhood shopping center, located at 10810 E Via Linda, in Scottsdale, Arizona for $2,500,000 or $155 per square-foot. “This transaction was a win-win for all parties involved,” says Matt Morrell, President of Retail Investments…

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WEICHERT COMMERCIAL BROKERAGE LAUNCHES INVESTMENT DIVISION

James Sousa, president of Weichert Commercial Brokerage, Inc., is pleased to announce the launch of the Weichert Commercial Brokerage Investment Division, which will assist investor clients with property selection, acquisition, tenant lease negotiations and sophisticated disposition strategies. “This new division of Weichert Commercial Brokerage was designed specifically to support people and companies seeking to invest…

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Lee & Associates, RSP Architects, Wespac Tapped to Reposition Renaissance Square

Owners of Renaissance Square, Downtown Phoenix’s iconic offi ce towers at 2 and 40 N. Central Ave., have engaged Lee & Associates, RSP Architects and Wespac Construction to completely reimagine the nearly one million square foot Class A property. The ownership group, a joint-venture between funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and Cypress…

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El Pavon Apartments in El Paso Purchased by California Investor

The El Pavon apartments at 5130 Chromite St. have been sold to a California investor, marking this buyer’s first acquisition in the El Paso marketplace. “This investor currently holds a property in Arizona and is now expanding into the Texas market,” says Trevor Koskovich, executive vice president with Colliers International in Greater Phoenix.  “The El…

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Wentworth Storage Company Acquires 1.63-Acres in Phoenix

Glendale Avenue Self-Storage, LLC (Wentworth Storage Company, LLC) has purchased 1.63-acres west of the northwest corner of 19th Avenue and Glendale Avenue for $770,000.00. The Arizona-based development and acquisition company plans to develop a 100,000-square-foot self-storage facility on the property that is zoned C3. The seller was NRDP AZ III, LLC (Rick Sodja). “This property…

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Lee & Associates, RSP Architects, Wespac Tapped to Reposition Renaissance Square

Owners of Renaissance Square, Downtown Phoenix’s iconic office towers at 2 and 40 N. Central Ave., have engaged Lee & Associates, RSP Architects and Wespac Construction to completely re-imagine the nearly one million square foot Class A property. The ownership group, a joint-venture between funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and Cypress Offi…

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Roosevelt, Washington, Jefferson, and Jackson: Historic Downtown Streets setting New Urban Trends

You read the title and think what amazing history took place under the influences of these politicians.  Not so fast because these historic names are simply the street names in downtown Phoenix that are becoming the latest commercial real estate hot spots.  The population downtown continues to grow and the path is currently being paved…

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McShane Construction Completes Two-Building Speculative Industrial Development in Phoenix

Milt Elmer, Vice President of McShane Construction Company’s Southwest Region, is pleased to announce the construction delivery of Desert Gateway – a two-building light industrial development for a joint venture between Griffin Opportunities LLC, Adam Norvell and Walter Cale. Located within the growing Deer Valley submarket in Northwest Phoenix, Arizona, Desert Gateway is prominently positioned…

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Sun State Builders Announces the Completion of the Award Winning Vinyl Visions Office and Manufacturing Facility in Prescott

VINYL VISIONS and SUN STATE BUILDERS are proud to announce the completion of Vinyl Vision’s Prescott Arizona Office and Manufacturing facility. This project is the winner of multiple awards including the city of Prescott’s “Deal of the Year” and an Award of Merit from the Arizona Association for Economic Development (AAED), recognizing excellence, innovation, and…

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