NAI Horizon negotiates Ahwatukee land sale for self-storage facility

NAI Horizon Senior Vice President Denise Nuñez represented the buyer in a $580,000 land sale for the construction of a 104,000-square-foot self-storage facility at Desert Foothills Parkway and Marketplace Way in Ahwatukee. Nuñez, with NAI Horizon’s National Self Storage Investment Group, represented Arizona-based 1784 Capital Holdings LLC. “We chose this site for its rare opportunity…

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INSIGHT GLOBAL SIGNS LEASE AT 24TH AT CAMELBACK II

Hines, the international real estate firm, announced today that Insight Global, an Atlanta-based national staffing services company, has signed a long-term 12,460-square-foot lease at 24th at Camelback II in Phoenix. Insight Global will occupy the eighth floor of the 11th-story Class A building, which offers abundant glass exposure and mountain views, beginning in early 2017.…

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NAI Horizon negotiates long-term lease for Planet Fitness in Gilbert

NAI Horizon negotiated a long-term lease for a Planet Fitness at Warner Greenfield Square, 858 S. Greenfield, Rd., in Gilbert, Ariz. The NAI retail properties team of Senior Vice President Chris Gerow, Senior Vice President Shelby Tworek, Vice President Gabe Ortega, and Retail Specialist Patrick Anthon represented JEG-FIT Greenfield & Warner LLC of Philadelphia in…

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Tempe Biotech Campus Marketing Assignment Awarded to Cushman & Wakefield

The Boyer Company, in partnership with SmithGroupJJR and Okland Construction, has awarded Cushman & Wakefield the marketing and leasing assignment for TCA Technology Park, a planned 18-acre biomedical and technology campus in Tempe, Ariz. Cushman & Wakefield Directors Mark Stratz and Scott Baumgarten have the lease assignment for Tempe’s first biomedical and technology campus. “The…

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Lincoln Property Co. Honored for Luhrs City Center with 2016 TOBY Award

Lincoln Property Company (LPC) continued its award-winning property management track record at this year’s “The Outstanding Building of the Year” (TOBY), earning a TOBY for its management of Luhrs City Center in downtown Phoenix.   Phoenix’s annual TOBY awards are presented by the Arizona chapter of the Building Owners and Managers Association (BOMA). They represent the industry’s…

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EverWest Sells Great American Tower to DPC Companies for $49M

EverWest Real Estate Partners and American Realty Advisors have completed the $49 million disposition of the Great American Tower, a landmark high-rise office building at 3200 N. Central Ave., in the heart of Phoenix’s Midtown office submarket. Great American Tower, acquired in 2007, has been recapitalized and improved with a series of upgrades that, among other things, have…

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Parallel Capital Partners Acquires Class A Scottsdale Office Complex for $20 Million

Adding to its growing Arizona portfolio, San Diego-based Parallel Capital Partners announced today it has acquired Kierland Corporate Center – a Class A office complex at 7033 E. Greenway Parkway in the Scottsdale neighborhood of Phoenix – for $20 million. Cushman and Wakefield represented the seller and John Bonnell and Brett Abramson of JLL represented…

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COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF A 12,849-SF RETAIL STRIP CENTER IN CASA GRANDE

Commercial Properties, Inc./CORFAC International. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a multi-tenant retail strip center located at 1664 E Florence Boulevard in Casa Grande, Ariz.   The building is approximately 12,849 SF and is adjacent to Casa Grande Regional Medical Center.  Sarge Glenn commented, “At…

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CBRE Completes $14.7 Million Sale of Cornwell Corporate Centre

CBRE has completed the sale of Cornwell Corporate Centre, a 63,071 sq. ft. office development located in Scottsdale, Arizona. The transaction includes one two-story building and two one-story office buildings located on approximately five acres. The property, south of the southeast corner of Scottsdale Road and Greenway Parkway along 73rd Street, is positioned squarely in…

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NorthMarq Capital arranges $14.8M financing for Seville Professional Center in Scottsdale

James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix-based regional office, and Dennis Williams, senior vice president/managing director of NorthMarq Capital’s San Francisco-based regional office arranged a $14.8 million loan on the refinance of Seville Professional Center, an approximately 92,000 sq. ft. multi-tenant office building in Scottsdale, Arizona. The transaction was structured with a…

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Alex Feria joins the SVN, Desert Commercial Advisors Multifamily Division

Desert Commercial Advisors has announced that Alex Feria has joined the multifamily division at SVN in Phoenix. Associate advisor Feria will be working with senior investment advisors and CCIM’s, Chip Kloppenburg and Carrick Sears who recently closed the $17 million deal of Amber Gardens in downtown Tempe. Feria just completed a 3-month internship and will…

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