Wild Horse Pass Development Authority names Lisa Gonzales as its Real Estate Leasing Manager

The Wild Horse Pass Development Authority (WHPDA) has named Lisa Gonzales as its Real Estate Leasing Manager.       Gonzales will be responsible for leading WHPDA’s efforts to lease lands within the Wild Horse Pass Development area, which totals more than 3,000 acres. She will advise WHPDA regarding the establishment of competitive target lease rates and…

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Lincoln Property Co. Selected as Property Manager for 3131 & 3133 Camelback

Lincoln Property Company (LPC) has been selected as the exclusive property manager for 3131 and 3133 Camelback, a two-building, Class A office property located at 3131 and 3133 E. Camelback Rd., in the heart of Phoenix’s prestigious Camelback Corridor. The assignment comes on the heels of the property’s June 2017 sale to 3131 Camelback Road Holdings LLC,…

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NAI Horizon inks long-term leases for trio of Planet Fitness locations

NAI Horizon has negotiated long-term leases totaling $8.749 million for Planet Fitness locations in Tempe, Phoenix and Peoria. The NAI Retail Properties team of Senior Vice Presidents Shelby Tworek, Chris Gerow and Gabe Ortega and Associate Patrick Anthon represented the tenant, JEG-FIT, in the trio of transactions. The team has negotiated additional long-term leases for…

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SUNRISE MANAGEMENT TAKES OVER RENOVATION, MANAGEMENT OF TWO PHOENIX AREA MULTIFAMILY PROPERTIES

San Diego-based Sunrise Management, which has specialized in the management of multifamily properties since 1978, has begun $2.4 million in renovations and repositioning for two Phoenix-area multifamily properties recently acquired by a partnership of Phoenix-headquartered Modern Residential and Boston-based Henley USA. Totaling 481 units, the properties are Sonoma Pines in Peoria and Sonoma Villas in…

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Transactions of Chase Bank, 101 Corporate Center & Amazon

Globe Corporation’s recent activity includes the sale of a Chase Bank, purchase of 101 Corporate Center, and an Amazon building sale. Transaction #1: Sold Chase Branch Property to JP Morgan Chase – Sale closed on 6/23/2017 Location:                              4031 North Scottsdale Road, Scottsdale, AZ 85251 (SEC Scottsdale Rd and Indian School Rd) Seller:                                   Globe-Chase Property,…

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Avison Young brokers $12.1-million sale of Foothills Health Center in Phoenix

Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has brokered the $12.1-million sale of Foothills Health Center, a two-building, 53,310-square-foot (sf) medical office property within the Ahwatukee submarket of Phoenix.   Avison Young’s Nicholas Pelusio and Kevin Helland, a senior vice-president and senior associate, respectively, in the company’s Phoenix…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 7,000-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 Aaron’s – Corporate Relocation Store, a 7,000-square foot net-leased property located in Peoria, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for…

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