Retail Lease for 1,110 square feet at SEC of 40th St & Thunderbird in Phoenix, AZ to MetroPCS was recently consummated

A Retail Lease for 1,110 square feet within Paradise Square at SEC of 40th St & Thunderbird in Phoenix, AZ to MetroPCS was recently consummated. The owner of the center is Southwestern Holdings, LLC.   Jared Lively of Rein & Grossoehme represented the Landlord and Hayden Duff of HK Realty represented the Tenant on this…

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Tribal land use contract negotiations fraught with complexities

Unique intricacies of Native American land use issues can often complicate contract negotiations, according to attorneys Pilar Thomas and Frances Sjoberg of the Indian Law group at Lewis Roca Rothgerber Christie LLP. Thomas and Sjoberg will discuss jurisdiction, federal policy of tribal self-determination and self-governance, new right-of-way rules from the Department of the Interior, and…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 7,441-SQUARE FOOT NET-LEASED PROPERTY

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Olive Garden Ground Lease, a 7,441-square foot net-leased property located in Casa Grande, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for…

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Walker & Dunlop Originates $47.2 Million in Construction Financing for Aviva Project in Mesa, AZ

Walker & Dunlop, Inc. (NYSE: WD) announced today it originated a $47,159,000 United States Department of Housing and Urban Development (HUD) 221(d)(4) new construction loan for Aviva, a Class A+ multifamily project in Mesa, Arizona. Housing Trust Group, based in Coconut Grove, Florida is the borrower and Aviva marks the first project for the firm…

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Arriba Capital Closes $17.3M Bridge Loan on Class “A” Office Complex: Southfield, MI

Arriba Capital, a fully-integrated, commercial real estate finance and investment company, announced Thursday they completed a $17,300,000 fixed rate bridge loan to refinance a major office complex. Located in Michigan’s premier commercial district, Metro Office Complex in Southfield, Mich., will undergo comprehensive capital improvements by the borrower. The 565,000 square feet, four-building office campus was formerly…

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Attesa Economic Impact Summary Estimates $1.2 Billion Activity Through Construction, then 15,000 Jobs and $1.8 Billion Per Year Upon Completion

Danrick Builders has released a comprehensive economic impact study for the construction and operation of Attesa, the 2,510-acre transportation design and motorsports entertainment destination being developed near Casa Grande, Arizona.  The study was conducted by Elliott D. Pollack & Company of Scottsdale, one of the nation’s leading real estate and economic consulting firms. “We were…

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STEVEN TYLER, JUSTIN BIEBER AMONG MEGASTARS AT CRAIG JACKSON’S BARRETT-JACKSON 2017 SCOTTSDALE AUCTION

Barrett-Jackson, The World’s Greatest Collector Car Auctions®, was this year’s place to be for sightings of megastars and supercars during the 46th Annual Barrett-Jackson Scottsdale Auction, held Jan. 14-22, 2017, at WestWorld of Scottsdale in Arizona. “If you were looking for the world’s coolest cars and hottest stars under one tent, Barrett-Jackson was definitely the…

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STEVEN TYLER, DALE EARNHARDT JR. HELP RAISE NEARLY $2.2 MILLION FOR CHARITY DURING 46TH ANNUAL BARRETT-JACKSON SCOTTSDALE AUCTION

Barrett-Jackson, The World’s Greatest Collector Car Auctions®, helped some of the most important charities in the world raise nearly $2.2 million benefiting groups including children, U.S. veterans and medical research during the 46th Annual Barrett-Jackson Scottsdale Auction on Jan. 14-22, 2017, at WestWorld in Arizona. Celebrities, pro athletes and top business executives donated collectible vehicles…

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Local electronics firm moves into new, 35,000 SF facility

To accommodate its unprecedented growth, a local custom electronics manufacturer has taken occupancy in a high-end, build-to-suit facility that is three times its current location. NAI Horizon Senior Vice President Rick Foss represented the buyer in the $3.54 million purchase of a 35,100-square-foot manufacturing building at 150 E. Chilton Drive in Chandler, Ariz. 7Chilton LLC…

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