Damon Jeffrey named Director of Development Services at VanTrust

VanTrust Real Estate, LLC., a full-service real estate development company with headquarters in Phoenix, announced Damon Jeffrey as Director of Development Services. In his role, he will work with designers and contractors to execute projects as they are identified during development. Jeffrey’s current projects include Chandler Corporate Center, a 119,000-square-foot office development on Chandler Boulevard…

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Superior Asset Quality Drives Phoenix Industrial Sale

As investment grade tenants continue to see the value of locating in Phoenix, investors are seeking out the market’s high-quality industrial assets. On behalf of Gramercy Property Trust, JLL’s Capital Markets experts today announced the firm facilitated the sale of Goodyear Crossing II, an 820,384-square-foot, Class A fulfilment center in Goodyear, Arizona. Hines purchased the…

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MARCUS & MILLICHAP SELLS CENTRAL PHOENIX MULTIFAMILY FOR $1,200,000 or $150,000 PER UNIT

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 The SEBO, an early century historic apartment building located in the prestigious Roosevelt Historic District of Downtown Central Phoenix. The asset commanded a sales price of $1,200,000 or $150,000…

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Lincoln Property Co. TOBY Win Sends Company to International Awards

For the second year in a row, Lincoln Property Company (LPC) Desert West has earned a regional “The Outstanding Building of the Year” (TOBY) award from the Building Owners and Managers Association (BOMA). LPC earned the TOBY for its management of the the Arizona Department of Environmental Quality (ADEQ) Building, situated in Central Phoenix, just off of Interstate…

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ABI Multifamily Closes Glendale Community for $15M

ABI Multifamily, Arizona’s largest locally operated dedicated multifamily brokerage and advisory services firm, is pleased to announce the $15,000,000 sale of the Country Creek Apartments, a 336-unit apartment community located in Glendale, Ariz.   Located in the South Glendale Submarket, Country Creek is approximately a mile from Downtown Glendale and a short drive to The…

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CBRE’s Chris Marchildon Honored with Prestigious NAIOP 2016 Developing Leaders Award

CBRE is pleased to announce Senior Associate Chris Marchildon has been honored with a prestigious NAIOP Developing Leaders Award for 2016. Now in its 11th year, the national award program honors up-and-coming commercial real estate professionals across the country, 35 years of age and under, for their valued contribution and commitment to the industry. “I…

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