Melissa Swader promoted to Director of Marketing & Administration at SVN Phoenix

SVN Desert Commercial Advisors is a full service commercial real estate firm that provides comprehensive expertise in brokerage, leasing, landlord/tenant representation, analysis/valuation and market research. Melissa Swader has been with Desert Commercial Advisors for over a year and a half and has been responsible for creating and implementing a comprehensive marketing, communications and public relations…

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Inside Look: Former Tucson Galleria Becomes 1,200-Employee Comcast Support Center

For office tenants able to think outside of the big box, Arizona’s lingering retail vacancies can equate to major opportunity. Such is the case with the recently completed renovation of the Tucson Galleria – a $16.4 million effort led by the Phoenix office of JLL that transformed a long-vacant retail mall into a cutting-edge Western region customer…

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LGE Design Build Completes U.S. Western Distribution Center for Airline Catering Supplier

LGE Design Build has completed construction on a new 300,000-square-foot U.S. Western warehouse and distribution center in Goodyear for Michael Lewis Company (MLCo). MLCo distributes food and catering supplies ranging from first-class gourmet meals and alcoholic beverages to hand towels and soap to major airlines such as American Airlines, United Airlines, Delta Air Lines, British…

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Local Developers Complete The Colony in Emerging Central Phoenix Restaurant District

Western Vertical Holdings, a company formed by Bob Agahi and David Sellers, has completed construction of The Colony, an adaptive re-use project located on 7th Street just north of Missouri Avenue in Phoenix. Tenants include Stock & Stable, an American gastropub with an Italian influence; Honor Amongst Thieves, a craft cocktail lounge; Pure Sushi, a…

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Alexsi Apartments sells for $890K across from Tower Plaza Shopping Center

With multifamily investments still thriving in the valley, Desert Commercial Advisors continues to represent sellers and buyers looking for low cap rates and viable investments.  SVN Vice-President and Investment Advisor, Danny Lee represented the seller, Seacret Forum Group of Companies in the sale transaction for $890,000.00.  Sheila Hunter with Thomas Title & Escrow Agency handled…

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Western Wealth Capital of Canada Buys Two Multifamily Properties for $34.96M Total

Western Wealth Capital, a Vancouver, Canada-based multi-unit rental property investment firm, recently purchased the 197-unit Arbors on 5th in Tempe for $21.3 million ($108,000 per unit) and the 148-unit Arcadia Walk in Phoenix for $13.66 million ($92,000 per unit). After closing on these back-to-back multifamily deals in two days, Western Wealth Capital now owns 23…

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Armed Forces Plaza in Scottsdale sells for $2.45M through 1031 Exchange

SVN, Desert Commercial Advisors is a full service brokerage known for their superior range of commercial brokerage services in Arizona.  Retail leasing and Business Broker, Michael Gaida proved that building relationships in this industry will always serve a greater purpose and contribute to the success of a client’s long term goal.  A relationship that began…

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NorthMarq Capital’s Phoenix office arranges acquisition financing of $13.2M for office portfolio in Phoenix

Luke Donahue, senior director of NorthMarq Capital’s Phoenix-based regional office, arranged acquisition financing of $13,200,000 for Missouri Commons and Pueblo Nuevo, office properties located in 1440 East Missouri Avenue and 301 East Bethany Home Road in Phoenix. The transaction was structured with a 3-year term. Central Phoenix Smiles, PIHMA Acupuncture and College Clinic represent Pueblo…

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NAI Horizon partners with Huntington University, City of Peoria to open 4-year, digital media arts school

From a day spa with lots of chandeliers and massage tables to a 30,000-square-foot, state-of-the-art liberal arts university, the transformation is complete at 8353 W. Mariners Way in Peoria, Ariz. Huntington University, the Arizona Center for Digital Media Arts, opens its doors in the West Valley on Aug. 29. School and city officials celebrated with…

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