Valley Partnership Congratulates 2015-16 Advocates Class

Valley Partnership is pleased to congratulate the graduates of the 2015-16 Advocates class.   This year’s Valley Partnership Advocates curriculum offered participants a robust exposure to all aspects of the lifecycle of development. Some of this year’s program highlights include:   A helicopter tour of some of the Valley’s current development projects sponsored by SRP…

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Daum Negotiates $5.32M Medical Office Sale-Leaseback in Phoenix and $1.6M Office Building in Scottsdale

Daum Commercial Real Estate Services has negotiated the $5.362 million sale-leaseback of a large medical practice group of west valley properties – the 19,679-square-foot medical office complex, Fountains Medical Center located at 5620 W. Thunderbird Road in Glendale, and the 5,262-square-foot medical office center, Indian School Professional Plaza at 9150 W. Indian School Road in…

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LGE Design Build Completes New Building for Reel Men Studios

LGE Design Build has completed construction on a 12,290-square-foot industrial building for Reel Men Studios, which supports the film and commercial industry in Arizona with millions of dollars worth of production equipment ranging from lights, cameras, and trucks to tables and chairs for production support. The new building, 3902 E. Broadway Road in Phoenix, features…

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ViaWest Group Adds Downtown Industrial to Growing Portfolio

Phoenix-based ViaWest Group closed on their sixth industrial acquisition in the past eighteen months further expanding their Southwestern U.S. focused industrial platform.  ViaWest paid $5.76 million for the 89,423 SF industrial building located directly across from Chase Field near the corner of 7th Street and Jackson Street centered in the heart of downtown Phoenix.  The…

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Stiles Completes Coral Ridge Shopping Center with New Tenants Teed Up

Stiles, a Fort Lauderdale-based full-service real estate development firm, announced today the completion of The Enclave Shops at Coral Ridge, a 27,300-square-foot retail shopping center located at the entrance of Coral Ridge’s newest single-family home community. The center features The Fresh Market, which occupies 21,000 square feet, along with inline retail shops and a bank…

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HSL Properties and Cottonwood Properties Purchase the Ritz Carlton, Dove Mountain Resort

Both Cottonwood and HSL are Tucson based companies with long standing commitments to the metro Tucson region. The hotel was sold by affiliates of both Cottonwood Properties and of Marriott International. The purchase closed on June 28, 2016. Financing was provided by National Bank of Arizona.   “The Ritz-Carlton, Dove Mountain is a special place.…

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Alliance Bank of Arizona Awarded “George Lyons IOLTA Partnering Bank” for 2nd Consecutive Year

Alliance Bank of Arizona, a division of Western Alliance Bank, the state’s largest headquartered bank, has won the “George Lyons Interest on Lawyers Trust Accounts (IOLTA) Partnering Bank” award for the second year in a row from the Arizona Bar Association.   The “George Lyons IOLTA Partnering Bank” award recognizes banks that maintain a strong…

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NAI Horizon’s Barbara Lloyd appointed to City of Tempe Development Review Commission

Barbara Lloyd, CCIM, a Senior Vice President at NAI Horizon, has been appointed to the City of Tempe Development Review Commission. Lloyd, a member of the NAI Investment Services Group, will serve as an alternate member of the commission for a 3-year term. The commission comprises seven members and three alternates. Alternate members serve at…

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