CBRE Completes $3.03 Million Sale of Turner Crossing at Southbank

CBRE has completed the sale of Turner Crossing at Southbank, a 20,103 sq. ft. single-tenant flex industrial property located at 3401 E Harbour Drive in Phoenix. Turner Real Estate Investments, based in Newport Beach, California, was the seller. The buyer was Portex Partners, based in Glendale, California. Kelly Betpolice and Peter Steigleder of Brookfield Partners…

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Local interior design firm provides artistic bite to trio of Downtown Phoenix restaurants

KatzDesignGroup recently served up three restaurant interior projects in bustling Downtown Phoenix ranging from a fast-casual eatery at CityScape to an upscale Italian dining establishment at Collier Center. “With urban centers becoming part of the live, work, play trend, Downtown Phoenix is right in the mix,” said Principal Beth Katz. “Restaurants are a playing a…

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TCC Announces Development and Full Lease of Phase III at Park Lucero

Trammell Crow Company (TCC) and partner Artis REIT announce the development of the third phase of Park Lucero, a Class A, industrial build-to-suit, and full-building lease commitment by Silent-Aire USA, Inc. The manufacturing company has signed a lease for the 146,832-square-foot building located at 280 East Germann Road. Construction has commenced and the project is estimated…

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The Good, the Bad and the Ugly: A Morning with Grand Woods

Valley Partnership continues its annual tradition of an end-of- the-year reflection by the always entertaining and provocative Grant Woods.  The former Arizona Attorney General, prominent attorney and community leader will provide a morning of thought-provoking discussion about Arizona politics, education and business. The final Friday Morning Breakfast of 2016 is scheduled for this Friday, Dec.…

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Café Rio Expands with Five New Phoenix-Area Restaurant Locations

The Phoenix office of JLL has completed five new leases for Café Rio, expanding the fast casual Southwestern-style restaurant into multiple new locations across the metro Phoenix market. The new restaurants have opening dates ranging from October 2016 to summer 2017. JLL Senior Vice President Tyson Switzenberg represented Café Rio in the lease negotiations, which include: 4095 S. Gilbert Rd. (at Ocotillo…

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COMMERCIAL PROPERTIES INC., ANNOUNCES THE SALE OF A ±81,060-SF INDUSTRIAL WAREHOUSE IN PEORIA

Commercial Properties, Inc./CORFAC International. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of an industrial warehouse located at 10857 North 95th Avenue in Peoria, Arizona. The building is approximately 81,060 square feet, located just north of Peoria Avenue and visible from the Loop 101 Freeway. Chad Ackerley of…

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JLL Boosts Phoenix Investment & Finance Platform with Two New Hires

In an effort to strengthen its already broad suite of finance and investment capabilities, JLL today announced the addition of two market experts in the firm’s Capital Markets group. Industry veteran Robert Kline has joined JLL’s Capital Markets, Finance unit as a Managing Director in the Phoenix office. Dan Postal has joined the firm as a Senior Vice President. Kline will…

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NAI Horizon finds amenity-rich site in Chandler for software firm

With an office in Tempe, a Washington-based software company was looking for another location in the Valley that would offer walkable amenities to its employees. It found such a location within downtown Chandler’s urban redevelopment area. NAI Horizon Senior Vice President Laurel Lewis represented the buyer in the $1 million sale of a 6,725-square-foot building…

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Alta Paradise Ridge Event Raises Funds for Local Animal Shelter

Alta Paradise Ridge, a 278-unit luxury community located between Phoenix and Scottsdale, hosted a unique animal-focused fundraiser last week benefiting the Maricopa County Animal Shelter.   Over a hundred people attended the event at the Alta Paradise Ridge clubhouse on Friday, December 2 where they could interact with animals, donate pet supplies and learn about…

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