WESTERN WEALTH CAPITAL BUYS PHOENIX APARTMENT PORTFOLIO

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Greater PHX IV Portfolio, a four-property, 748-unit, real-estate-owned portfolio located in Phoenix and Mesa, Ariz. to Western Wealth Capital LTD, a Vancouver, Canada-based multiple-unit rental property investment firm. The…

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STRATEGIC STORAGE GROWTH TRUST, INC. (SSGT) ACQUIRES BRAND NEW SELF STORAGE DEVELOPMENT IN PHOENIX

Strategic Storage Growth Trust, Inc. (SSGT), which is sponsored by SmartStop Asset Management, LLC, recently closed on its first “certificate of occupancy” transaction. The newly- constructed facility is located in the South Mountain Village area of Phoenix. “We are excited to complete our first top-of-the-line, brand-new facility in a prime market like Phoenix,” said H.…

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Colliers International – Las Vegas Raises More Than $80,000 at Annual Golf Tournament

Mike Mixer, executive managing director of Colliers International – Las Vegas, announced today that the company’s 22nd Annual Links for Life Charity Golf Tournament raised more than $80,000 for various children’s charities in Southern Nevada. Colliers International single-handedly donated $25,000 to support Links for Life’s charitable efforts in Las Vegas.   The 22nd Annual Links…

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ABI Brokers Sale of Multifamily Asset in South Arcadia Neighborhood

ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the sale of the Horizons at Arcadia Apartments a 51-unit, apartment community for $3,100,000 or $48,750 per unit. Originally built in 1985, Horizons at Arcadia Apartments is comprised of three contiguous buildings that are constructed of block and wood with flat…

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Sale of Approximately Eight Acres in Chandler, Ariz. for $2.43 Million

Colliers International in Greater Phoenix negotiated the sale of approximately eight acres of PAD-zoned land in Chandler, Arizona, for $2,433,261 million or approximately $6.98 per square feet. The parcel is located north of the northeast corner of Juniper Drive and Chandler Boulevard within Chandler Corporate Center. Greg Hopley, executive vice president in Colliers’ Scottsdale office,…

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NONPROFIT ORGANIZATION RAISES $354,000+ TO BENEFIT RESIDENTS OF AFFORDABLE HOUSING COMMUNITIES NATIONWIDE

Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country, recently hosted its 2016 Awards Banquet at Pointe Hilton Tapatio Cliffs Resort in Phoenix, raising more than $354,000 for its national program and scholarship campaign combined. The annual event serves to honor individuals who…

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Devereux Advanced Behavioral Health Establishes Regional Headquarters in Midtown

Cushman & Wakefield announced today that Devereux Advanced Behavioral Health leased approximately 16,072 square feet (sf) at 2025 N. 3rd St. in Phoenix. Senior Associate Curtis Chickerneo represented the tenant in the lease negotiations. The landlord, Murphy Ventures, was represented by Lindsey Carlson of Colliers International. Devereux Advanced Behavioral Health merged with another local behavioral…

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Retail, Restaurant Industry receives Phoenix Endorsement, including Chicago’s own, Lou Malnati’s Pizzeria

By Melissa Swader   Commercial prices may be up in the valley but it has not deterred any developers or business owners away from leasing commercial space or purchasing land to develop more restaurants and entertainment options. According to US Capital Trends, the market indicates that the Southwest transactions reported in Phoenix in Q1 were…

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Rentberry, Inc. Redefines Rental Application and Price Negotiation Process

Rentberry, Inc. announces the launch of its transparent long-term rental application and price negotiation platform created to unite tenants and landlords.   The San Francisco-based company is poised to radically improve the cumbersome application process for tenants, who are tired of over-priced application fees, secretive bids and wasting valuable time. Rentberry tenants receive flexibility, transparency…

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McKirgan named Fellow of Litigation Counsel of America

Attorney Robert H. McKirgan of Lewis Roca Rothgerber Christie LLP was named a Fellow of the Litigation Counsel of America during the organization’s 2016 spring conference. An experienced trial lawyer, McKirgan has successfully tried numerous jury trials, bench trials and arbitrations, including obtaining multi-million dollar jury verdicts for clients in fraud, breach of fiduciary and…

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