SRS Negotiates the Sale of O’Reilly’s and Retail Pads in Queen Creek

SRS is pleased to announce the sale of O’Reilly’s Auto Parts and three developable retail pads at Chandler Heights Road and Power Road in Queen Creek, Ariz.. The properties sold for $2,487,250. The O’Reilly’s and pads are located adjacent to the Bashas’ anchored Queen Creek Marketplace, with co-tenants including Wells Fargo, Papa Murhpy’s, Starbucks, Fantastic…

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Phoenix Office Market Strengthens Despite Slowing Job Growth

Colliers International in Greater Phoenix released its third-quarter 2016 Office Market Report for Greater Phoenix.  Report highlights are outlined below.  For more details, refer to the attached report or click here to view online. Greater Phoenix posted a strong 930,000 square feet of net absorption during the third quarter. This marks the 13th consecutive quarter…

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IBORROW PROVIDES $3.9M LOAN TO REFINANCE OFFICE BUILDING IN MESA

iBorrow, a direct lender of private money loans for commercial real estate, has provided a $3.9 million loan to refinance a 40,980-square-foot office building located at 1750-1760 Mesa Drive in Mesa, Ariz.   Built in 1987, the property is a two-story, single-tenant administrative office building which is fully occupied by Fresenius Management Services, a global…

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Goodmans Office Chair Hockey Tournament Returns Oct. 20 to Benefit First Place AZ

Grab your office chairs and hockey sticks and get ready for the reintroduction of Goodmans Chair Hockey Tournament, hosted by Goodmans Interior Structures and produced by Rooted in Good, Inc., an Arizona 501(c)3 operated by Goodmans employees. This year’s event benefits First Place® AZ, a local non-profit working hard to ensure that housing options for…

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Janet LePage of Western Wealth Capital Recognized with National Canadian Young Entrepreneurship Award

Esteemed Champagne House, Veuve Clicquot, has awarded Janet LePage, CEO and co-founder of Western Wealth Capital, with its 2016 New Generation Award. LePage was selected from a shortlist of young entrepreneurs from across Canada. LePage, 35 years old, has grown Western Wealth Capital, a Vancouver, Canada-based multi-unit rental property investment firm, to the third largest…

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GALLAGHER & KENNEDY ADDS NEW ATTORNEY TO THE FIRM’S ENVIRONMENTAL PRACTICE GROUP

The law firm of Gallagher & Kennedy, a full service business law firm, has announced that Danielle M. Hazeltine, associate, has joined the firm’s environmental practice group. Ms. Hazeltine’s extensive knowledge in air quality makes her acutely aware of the new and challenging environmental problems facing many companies today. Her experience with local and national…

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Daniel Wesson Joins CBRE Multifamily

CBRE announced today that Daniel Wesson has joined the firm’s Tucson office as Vice President. Mr. Wesson is a seasoned commercial real estate professional with over three decades of experience supporting clients through his comprehensive knowledge of brokerage, development, rezoning and acquisition of multifamily investment properties. Now part of CBRE’s Multifamily team, Mr. Wesson will…

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North Scottsdale Industrial Building Sells for $2.1 Million

Colliers International in Greater Phoenix has negotiated the $2.1 million sale of an industrial/flex building at 16655 N. 90th St. “The buyer was very interested in acquiring this industrial property because they own the building next door,” says Greg Hopley, executive vice president with Colliers International. ”This was a strategic purchase by the company to…

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LGE Design Build Completes 23,000-SF Corporate Headquarters for Modern Flames in Phoenix

LGE Design Build has completed construction on a corporate headquarters, warehouse and distribution center in Phoenix for Modern Flames, a leading manufacturer of electric linear fireplaces distributed internationally for use in residential and commercial settings. Modern Flames occupies about 23,000 square feet of the 43,000-square-foot building, 3525 E. Atlanta Ave. A metal fabrication center for…

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