Transwestern Adds Investment Services Expert Luke Lee As Vice President Of Capital Markets

Transwestern today announced the addition of investment services expert Luke Lee to its capital markets group. As a vice president based in Phoenix, Lee will offer investment services to institutional and private investors for the acquisition, disposition and recapitalization of commercial real estate assets. Specializing in the healthcare and office sectors, Lee will also provide…

Details

First Solar Sale Brokered By C&W Team Earns National Deal Of The Year Award

The $113.6 million sale of First Solar’s Mesa manufacturing facility to Apple, brokered by Cushman & Wakefield of Arizona, Inc., has been named 2013 Economic Development Deal of the Year by Business Facilities magazine.  “Our Deal of the Year Gold Award winner is a game-changer for Apple and Arizona,” said Business Facilities Editor in Chief…

Details

Debbie Olsen Promoted To VP Of Escrow Operations At Clear Title Of Arizona

Debbie Olsen has been promoted to Vice President of Escrow Operations at Clear Title Agency of Arizona, with a primary focus of implementing policies and best practices related to the Consumer Financial Protection Bureau (CFPB). Olsen’s responsibilities will include working with the firm’s branch managers and escrow officers to provide continuing education on current local…

Details

The Rockefeller Group Building 82,000-SF Office/Flex Building in Chandler Corporate Center

The Rockefeller Group announced today that it is building an 82,000 square foot flex/office building on 8.2 acres including 6/1,000sf parking within the Chandler Corporate Center campus.  The building is anticipated to be completed in mid-2014 and is the company’s second spec building to be constructed in Chandler Corporate Center.   Chandler Corporate Center is…

Details

CBRE to Market Class A, Spec Office Space at USA Place in Tempe, Ariz.

CBRE has been awarded the marketing assignment for the ±240,000 SF office portion of USA Place, the ±1.4 million-square-foot, mixed-used project being developed by a joint venture between Concord Eastridge, Future Cities and Harris Sports & Entertainment. The multi-block development project will be located at the southeast corner of University Drive and Mill Avenue in…

Details

De Rito Partners, Inc. Releases Recent Commercial Transactions

Audiology Distribution opening second Valley location Audiology Distribution, a subsidiary of Siemens AG, signed a lease to open their second Valley location at 1246 Greenfield Road in Mesa, Arizona. Arch Jeffery of De Rito Partners represented the landlord in completing the deal for a 1,176-square-foot space. Greystone Title relocating in Chandler De Rito Partners’ agent…

Details

CBRE’s Cooper Fratt Appointed to Discovery Triangle Development Corporation Board of Directors

CBRE has announced that Associate Cooper Fratt has been appointed to the Board of the Discovery Triangle Development Corporation (DTDC). The DTDC deploys its expertise redevelopment in the Discovery Triangle, an asset-rich urban region between Phoenix, Tempe and Papago Park. “I am honored to represent CBRE on the Discovery Triangle Development Corporation Board. As a…

Details

CBRE Completes 14,000-Square-Foot Office Lease at Tempe Tech Center in Tempe, Ariz.

CBRE has negotiated a 14,000-square-foot lease at the Tempe Tech Center in Tempe, Ariz. The office space, located at 1401 S. 52nd St., will serve as a bilingual customer care center for CLEAResult’s CustomerLink operations. Jamie Swirtz with CBRE’s Phoenix office represented the tenant, an Austin, Texas-based company that designs, markets and implements energy efficiency…

Details

CBRE Multi-Housing Private Capital Group Completes Sales Totaling $3.25 Million in Metro-Phoenix

CBRE has negotiated two multi-family transactions totaling $3.25 million. Brian Smuckler and Jeff Seaman with CBRE Phoenix’s Multi-Housing Private Capital Group represented both parties in each transaction. Casa Monte Vista Casa Monte, LLLP of Vancouver, British Columbia, Canada has purchased Casa Monte Vista, a 45-unit property located at 120 W. Dobbins Rd. in Phoenix, from…

Details

BH Properties Adds Fourth Retail Property to Arizona Portfolio

BH Properties, in a move consistent with its renewed Southwest strategy, has acquired its fourth retail property in Arizona, adding to its expanding portfolio.  The Los Angeles based firm, which specializes in purchasing challenged and distressed real estate properties quickly, has purchased Ross Plaza, located in the bustling submarket of North Phoenix, for $3 million.…

Details