WASHINGTON STREET CORRIDOR ASPIRANT DEVELOPMENT PURCHASES 8.5 ACRES

 The “Washington Street Corridor” continues to experience revitalization and significant new development. This new infill development corridor uniquely combines the joint resources of the cities of Phoenix and Tempe.  Major developments include The Grand at Papago Park Center, a new 56 acre mixed-use development located at the SWC of Washington and Priest which includes 2.5 million…

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Toy Closet at Cardon Children’s Dedicated to Child of Willmeng Construction Inc.’s President

The fifth floor toy closet at Cardon Children’s Medical Center has been dedicated for the second time within a three-year period to Audrey Jane Murphy, former patient of Cardon Children’s and daughter of Willmeng Construction Inc.’s President, James Murphy.   Organized through donations made to the Banner Foundation through the annual Help Fill the Toy…

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LGE Design Build Completes 81,000 SF Design Center & Distribution Facility for J.R. McDade Company

The J.R. McDade Company has been a fixture on the Valley home-finishing circuit for nearly 60 years, and the future looks brighter than ever now that LGE Design Build has completed construction on an expansive, state-of-the-art new design center and distribution facility. The flooring and surface provider’s new home base at 4317 E Broadway Road,…

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CBRE Completes $6.95 Million Sale of The Village at Augusta Ranch

CBRE has recently completed the sale of The Village at Augusta Ranch. The Albertson’s-shadow-anchored, 25,214-sq.-ft. retail shopping center is located at 9221-9202 E. Baseline Road in Mesa, Arizona. The buyer was Sperry Equities, LLC. The seller was Gilligan Augusta Ranch, LLC. Jesse Goldsmith and Steve Julius with CBRE’s Phoenix office represented both the seller and…

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Capital Automotive Real Estate Services Inc. takes on the Aviation Real Estate Market with Industry Leader, Marty Hiller, as Chairman of the Advisory Board.

Capital Automotive Real Estate Services, Inc. (CARS) announced its new business line Capital Aviation Group (CAG). CAG will provide the same proven customized sale-leaseback services to the business aviation industry that CARS has provided to the automotive industry for the last 19 years. With the involvement of industry experts, such as Marty Hiller, and a…

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YAM Capital Hires New Financial Analyst and Portfolio Manager

YAM Capital, a private real estate bridge lender specializing in short-term commercial real estate financing, has hired Craig Cacheris as Financial Analyst and Portfolio Manager. Located in Scottsdale, Ariz., YAM Capital offers efficient, reliable solutions for a broad range of bridge lending needs.  Cacheris is responsible for underwriting incoming loan deals and helping to manage…

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Landmark Title Adds Builder & Developer Direct Services Department

Landmark Title Assurance Agency recently expanded its services with the introduction of its Builder & Developer Direct Services department.   Landmark Title’s new department will provide value-added services directly to the developer, subdivider and homebuilder community. They will work with builders and developers on everything from single site builds to master planned communities, helping them…

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Caliber Ranked #2 Fastest Growing Mid-Sized U.S. Commercial Real Estate Companies

Caliber, The Wealth Development Company, a diversified real estate investment firm offering alternative strategies for growing wealth through real estate private equity and creating long-term cash flow, today announced it ranked 2 on Real Estate Forum Magazine’s 2016 U.S. Fastest Growing Mid-Sized Companies. Caliber’s CEO and co-founder, Chris Loeffler, said “To be recognized as one…

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CONSTRUCTION EMPLOYMENT IN JANUARY REACHES HIGHEST LEVEL SINCE 2008; CONTRACTORS RAISE PAY FASTER THAN OTHER SECTORS IN EFFORT TO FILL OPENINGS

Construction employment increased by 36,000 jobs in January to the highest level since November 2008 as employers increased pay in an effort to address a chronic worker shortage, according to an analysis of new government data by the Associated General Contractors of America. The association urged public officials to strengthen training and education programs to…

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COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF A ±7,700 SF RETAIL CENTER IN PHOENIX

Commercial Properties, Inc./CORFAC International. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a retail strip center located at 3632 W Pinnacle Peak Road in Phoenix, Arizona.   The building is approximately ±7,700 square feet, with prime frontage on Pinnacle Peak Road and 36th Avenue. Eric Butler of…

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California Investor Purchases Single-Tenant Industrial Property in Phoenix

 Cushman & Wakefield announced today the $5 million sale of an industrial property located at 1620 West Knudsen Drive in Phoenix. A California-based 1031-Exchange investor purchased the 41,073-square-foot building from P&P Stewart Investments, LLC of Flagstaff, Arizona. Cushman & Wakefield’s Executive Directors Rick Danis and Paul Boyle represented the seller. Brian Gleason of Phoenix West…

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