Cole Capital® Announces Cole Office & Industrial REIT (CCIT III), Inc. Acquires Initial Property

Cole Office & Industrial REIT (CCIT III), Inc. (“CCIT III” or the “Company”), a publicly registered, non-listed company sponsored by Cole Capital that focuses on investing in single-tenant, income-producing, necessity office and industrial properties, and which intends to qualify and elect to be taxed as a real estate investment trust (“REIT”), has acquired its first property. CCIT…

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JLL Sells First Downtown Phoenix Apartment Community of New Cycle

The first urban apartment project to be constructed and traded in downtown Phoenix’s post-recession real estate upswing has sold this week in a $21.8 million deal brokered by the Phoenix office of JLL. Named Proxy 333, the project totals 118 highly amenitized urban multifamily units located in the heart of downtown’s Evans-Churchill neighborhood. JLL Executive Vice…

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Join Michael Pollack, Chandler Fire Department & Stuff the Bus New Sweatshirts, Socks and Tennis Shoes to Benefit Assistance League East Valley – Oct. 21

One of the Valley’s most generous entrepreneurs, Michael Pollack is at it again making dreams come true and a difference in the community, one shopping center at a time. The owner of Pollack Investments has generously donated more than $200,000 in cash and in-kind donations to Assistance League East Valley, but come October 21st nothing…

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CONSTRUCTION EMPLOYMENT INCREASES IN 3/5 OF NATION’S METRO AREAS BETWEEN AUGUST 2015 & 2016

Construction employment increased in three-fifths of metro areas between August 2015 and August 2016—the smallest share in nearly three and a half years—as contractors in many areas report difficulty in finding qualified workers, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said the…

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Plaza Companies Generates Momentum in Medical Office With Six Significant New Leases at Valley Properties

Plaza Companies’ Brokerage Services Team has secured six significant new leases as part of increasing momentum in the medical office real estate sector. The six leases range from 3,000 square feet to 12,131 square feet and boast a total value of more than $4 million. The transactions include: ·       Roadmaster Group expanded and renewed their lease at Arrowhead Executive Center in…

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Keaton Mower joins Small Giants as business development coordinator

Small Giants, LLC., Phoenix, announced today that Keaton Mower has joined the firm as the business development coordinator for the company’s Phoenix and Denver locations. In the new position, she will build relationships with existing clients and leaders throughout the commercial real estate, construction and architecture industries. She will also identify potential clients in need…

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Prime Location Attracts National Title Insurance Company to Camelback Road

A prime location in the heart of the Camelback Corridor has attracted WFG National Title Insurance Company (WFG) to a new lease at 2777 E. Camelback Rd. Leased by the Phoenix office of JLL, the new location provides WFG with direct exposure to Camelback Road in a contemporary, highly amenitized office environment. JLL Vice President Chris Latvaaho,…

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COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF A 51,250-SF INDUSTRIAL BUILDING

Commercial Properties, Inc. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of an industrial building at 6902 W Hadley Street in Phoenix. The building is approximately 51,250 SF originally built in 1996 and is situated on 6.75 acres of land.  Located just north of Buckeye Road, the property…

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