Accredited Investors Celebrate Caliber’s Recent Acquisition of Hilton Phoenix Airport Hotel

The 47th Street Phoenix Airport LLC, an entity wholly owned by investors, the Caliber Distressed Real Estate Income Fund (CDIF, LLC) and managed by Caliber Hospitality, a division of Caliber – The Wealth Development Company, announces it has successfully closed on its largest acquisition to date, the four-story, 259-guest room, Hilton Phoenix Airport Hotel in…

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Phoenix Sky Harbor International Airport Creates a Destination Inside Terminal 3

The first of a three-part phased modernization of Terminal 3 at Phoenix Sky Harbor International Airport today opened its doors to the public.    “We orchestrated the design team to create an unforgettable experience for passengers and visitors alike – an experience that only Arizona could offer,” said Steve Rao, AIA, LEED AP, president of…

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Johnson Carlier Recently Completed the Mercedes-Benz of Gilbert Dealership

This new $12 M, 93,300 SF, two-story, AMG Dealership is placed on a 7.0 acre site located in Gilbert, Ariz. The building includes a two-story post tension parking garage and ramp, elevator, 26 bay vehicle service center, four sprinter van service bays, full service carwash, detail bays, partially enclosed service drive, a three-story parts interior racking and…

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JLL Relocates Orcutt | Winslow; Maintains Central Corridor Presence

The Phoenix office of JLL has completed a 21,390-square-foot, long-term lease that relocates the corporate headquarters of Orcutt | Winslow (www.owp.com) into a new building on the Central Corridor, continuing the architecture, planning and interior design firm’s decades-long presence in metro Phoenix’s Central Business District. The new lease moves Orcutt | Winslow from Phoenix Corporate Center, at…

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Scottsdale Airpark Industrial Building Sells for $2.1M

ORION Investment Real Estate is proud to announce the sale of the industrial warehouse building located at 15210 North 75th Street in Scottsdale for $2,100,000 ($145/SF). Built in 1994, and totaling 14,500 square feet, the property is centrally located in the Scottsdale Airpark. The Airport, and its surrounding Commerce Airpark, is Scottsdale’s only industrial-zoned area.…

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ULI ARIZONA EARNS AWARD FOR SUPPORT OF RESIDENTIAL OPTIONS FOR ADULTS WITH AUTISM

Urban Land Institute (ULI) has awarded ULI Arizona the top national ULI District Council Impact Award for the Council’s groundbreaking work since 2004 addressing the residential needs and options for adults with autism, through partnership with the Southwest Autism Research & Resource Center (SARRC), First Place®AZ and Arizona State University (ASU), and culminating in the…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 8,375-SF NET-LEASED PROPERTY

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Firestone Complete Auto Care, a 8,375-square foot net-leased property located in Mesa, Ariz., according to Donald D. Morrow, regional manager of the firm’s Phoenix office. The asset sold for…

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Ryan Companies Breaks Ground On New McKesson Corporation Regional Headquarters

Ryan Companies, US Inc. was joined today by executives from McKesson Corporation, the Arizona Commerce Authority, Salt River Devco, and members of the Salt River Pima-Maricopa Indian Community as they broke ground on a 271,000-square-foot, two-story twinned office complex at the Chaparral Commerce Center. The facility will be the new regional headquarters for McKesson Corporation,…

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National Healthcare Development to Build McDowell Medical Commons in Avondale

Denver-based National Healthcare Realty and Development has announced plans to build McDowell Medical Commons, a medical office building to be located at 10650 W. McDowell Rd. “This building will be strategically located in the health-tech corridor of Avondale,” says Rachael Thompson, senior associate of Colliers International in Greater Phoenix.  “The high visibility of the project…

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