New Development Coordinator and Project Manager Join Silver Fern Companies

Continuing to strengthen the team, Silver Fern Companies has added Barbara Nieves as Development Coordinator and Jason Meyers as Project Manager. Barbara joins Silver Fern with 13 years of experience in the industry at Standard Pacific Homes and First American Title Company. As Development Coordinator, Barbara provides coordination and administrative support to Land and Project…

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Marcus & Millichap Arranges The Sale of a 4,200-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 Panera Bread Ground Lease, a 4,200-square-foot net-leased property located in Chandler, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $2,123,000. Mark Ruble and Jamie Medress, investment specialists…

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CBRE Completes Sale of Prescott Gateway Mall in Prescott, Ariz.

Dec. 3, 2013 – CBRE has completed the sale of the Prescott Gateway Mall located at 3250 Gateway Blvd. in Prescott, Ariz., a 578,666-square-foot (324,690-square-feet owned) regional mall. A collaborative team of brokerage professionals from CBRE, including Mindy Korth in Phoenix, Ariz., Philip D. Voorhees in Newport Beach, Calif., George Good in Chicago, Ill. and…

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Alliance Residential Acquires $160 Million Waterfront Community in Coronado, Calif.

Dec. 4, 2013— Alliance Residential is pleased to announce its acquisition of Coronado Bay Club, a 549-unit, garden-style apartment community located on the water in Coronado, Calif., an affluent “island” adjacent to downtown San Diego. The deal was brokered by Jones Lang LaSalle on behalf of LaSalle Investment Management. Alliance’s JV partner in the transaction…

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Arizona State Trust Land in Desert Ridge Sold at Auction for $28.1 Million

Dec. 3, 2013- On Tuesday, Dec. 3, 2013, the Arizona State Land Department successfully auctioned 105.72 acres of State Trust land located on the southwest corner of Tatum Boulevard and Pinnacle Peak Road in Phoenix. The minimum bid requirement was $26.7 million and the winning bid was $28.1 million. The successful bidder was the Taylor Morrison/Arizona…

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Cassidy Turley Completes 23,500 SF Lease for Vision Air America, Inc.

Dec. 2, 2013- Cassidy Turley announced that it completed a 23,500-square-foot lease for Vision Air America, Inc. (Phoenix, AZ) at 7239 North El Mirage Rd. in Phoenix. Mike Gilbert, Gary Anderson and Justin LeMaster with Cassidy Turley’s Industrial Group represented the tenant. Sam Sorensen of Sorensen & Black, Inc. represented the landlord, El Mirage Road, LLC.…

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Marcus & Millichap Arranges the Sale of 3,280-Square Foot Net-Leased Property

Nov. 25, 2013 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Arby’s, a 3,280- square foot net-leased property located in Gilbert, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1.9 million. Jamie Medress and…

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Tempe: The Land of Plenty

Planning and cooperation has the city in the middle of a multi-use Renaissance With several major multi-use projects currently in development, the City of Tempe is in the midst of a commercial real estate boom. While it would be easy to heap all the praise for this market resurgence—and the jobs it has brought with it— on Tempe Mayor…

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Commercial Executive Magazine’s 2013 Broker of the Year: Barry Gabel

Nov. 27, 2013- The distinction of CEM Broker of the Year is especially satisfying to Gabel because it represents a vote of his peers and undoubtedly reflects the fundamental tenets of how he conducts business: “Work hard, persevere, be honest, be yourself, do what’s right, treat people with respect and dignity, and great things will happen!” ||  When asked about the source…

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Commercial Properties Reports on Top 5 Transactions

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, reported its top five October transactions. In total the firm completed 137 transactions in October for a total of 1,318,832 square feet. Leading the Lease Transactions Category, Tenant Representative Ken Elmer brokered an agreement with Arizona Urgent Care, LLC, for 5 spaces in Gilbert,…

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