CBRE Negotiates $1.5 Million Sale of 25,216-Square-Foot Property in Tucson, Ariz.

Nov. 4, 2013- CBRE has negotiated the sale of a 25,216-square-foot commercial property located at 222 E. 5th St. in Tucson, Ariz. The building, which sits on a 36,950-square-foot parcel, commanded a sale price of $1.5 million. Buzz Isaacson with CBRE’s Tucson office represented the buyer, Tucson-based Michael R. Wattis, Inc. The seller, 222 Storage…

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De Rito Partners, Inc. Negotiates $1.4 Million Sale of Alameda Crossing Restaurant Building

Agents Paul Serafin and Matt Morrell with De Rito Partners, Inc. negotiated the $1.4 million dollar sale of a 6,699 square foot restaurant building at Alameda Crossing on the N/NE corner of Dysart & McDowell Roads.  The buyer was Rangel Enterprises, LLC for Martin & Patricia Rangel, Fiesta Mexicana Restaurants and the seller was AR…

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CBRE Multi-Housing Private Capital Group Negotiates $2.58 Million Sale of Atrium Apartment Complex in Tempe, Ariz.

CBRE has negotiated  a recent multi-family sales transaction. Beau E. Clover of Ruitland, Idaho has purchased the Atrium apartment complex, a 39-unit multi-family property located at 1835 E. Don Carlos Ave. in Tempe, Ariz., from Lenexa, Kan.-based seller Marshall Acquisitions & Holdings LLC. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both parties…

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CBRE Completes Sale of 88,774-Square-Foot, Two-Building Industrial Property in Phoenix, Ariz.

Oct. 31, 2013- CBRE has completed the sale of an 88,774-square-foot, two-building industrial property located at 43 N. 48th Ave. in Phoenix, Ariz. The all-cash transaction totaled $2.5 million. Jerry McCormick and Cooper Fratt of CBRE’s Phoenix office represented the seller, Atkinson Land Holdings LLC of Mesa, Ariz. The buyer, La Habra, Calif.-based tool and…

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SRS Real Estate Partners Brings Casual Male to Arrowhead Towne Center

SRS Real Estate Partners is pleased to announce that Casual Male, a men’s apparel store, has leased a 7,100-square-foot space at Arrowhead Towne Center.  Tenants located at Arrowhead Towne Center include; Babies R Us, Verizon, AT&T, and Pita Jungle. Brian Polachek with SRS Real Estate Partners represented the landlord, Arrowhead 75 Bell Development, LLC, in…

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Lincoln Property Company Continues Phoenix Industrial Push With Second Major West Valley Business Park

Oct. 29, 2013- Just two weeks after unveiling its plans to develop a major new business park in Goodyear, Ariz., Lincoln Property Company (LPC) has announced another new business park project, 10 Lincoln. 10 Lincoln will total more than 1 million square feet on 72 acres. The development consists of five buildings ranging in size…

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Batschelet Joins Lee & Associates Arizona Industrial Team

Lee & Associates Arizona is pleased to welcome Peter Batschelet as an Associate. He will join our industry-leading group of 22 industrial principals and associates. Mr. Batschelet brings with him a solid work ethic, an accomplished record in sales and leasing and a strong commitment to his growing roster of clients. He has 7 years experience in commercial brokerage and was most recently…

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Cassidy Turley Completes $12.7 Million Sale of The Shops at Prescott Gateway

Oct. 28, 2013 – Cassidy Turley, a leading commercial real estate provider in the U.S., announced today they successfully sold The Shops at Prescott Gateway, a ±34,671-square-foot shopping center adjacent to Prescott Gateway Mall, on the southwest corner of Highway 69 and Lee Boulevard in Prescott, Arizona. Cole Real Estate Investments, Inc. (NYSE: COLE) purchased…

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Cassidy Turley Completes 10,746 SF Lease for Injured Workers Pharmacy in Phoenix

Oct. 25, 2013- Cassidy Turley, a leading commercial real estate provider in the U.S., announced that it completed a 10,746-square-foot lease for Injured Workers Pharmacy, LLC (Methuen, MA) at Phoenix Tech Center, 5029 East Sunrise Drive. Tyler Wilson, Mark Stratz and Scott Baumgarten with Cassidy Turley’s Office Group represented the Tenant while Dave Seeger, Karsten…

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