Silverleaf Realty Closes Home for Record Price in Silverleaf – $11.110 Million

The drive into Silverleaf’s Upper Canyon signals to visitors that you are entering a special place.   Once through the private entry gate and up the long winding driveway, a spectacular Mediterranean style home sits on two lots overlooking Scottsdale and the McDowell Sonoran Preserve.   This 12,800-square-foot home, built in 2004, sold this week for $11,110,000,…

Details

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…

Details

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…

Details

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…

Details