WorkLyfe Leases Co-Working Space in Camelback Corridor

Cushman & Wakefield announced today that WorkLyfe (CoWork, LLC) leased approximately 18,358 square feet (SF) at Biltmore Financial Center located at 2390 E. Camelback Road in Phoenix. Larry Downey, Curtis Chickerneo, Brett Thompson, Ari Klein and Matt Greaney of Cushman & Wakefield represented the tenant in the lease negotiations. The landlord, ViaWest Properties LLC, was…

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Loco Patrõn Mexican Brewery Expanding to North Scottsdale

Longtime Valley restaurant operator, Loco Patrõn, has leased the former Salty Senorita building on Northsight Boulevard for a new Loco Patrõn Mexican Brewery. The area is bustling with new restaurants, retailers and multifamily development. A luxury 297-unit apartment building is being constructed directly behind the Loco North building, along with the popular breakfast and weekend…

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MARINA HEIGHTS ANNOUNCES NEW RETAIL TENANTS, PUBLIC SPACE AND ART INSTALLATIONS

Ryan Companies and Sunbelt Holdings, co-developers of Marina Heights, have announced new retail, public open space and art amenities at the 20-acre development on Tempe Town Lake. Home to State Farm’s regional hub, the 2 million square foot development has been under construction since August 2013. Matt’s Big Breakfast, a well-known local restaurant of Food Network fame, will open in late fall, following…

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Goodyear Selected by Huhtamaki for Regional Manufacturing and Distributing Facility

Newmark Grubb Knight Frank (NGKF) announces global food packaging specialist headquartered in Finland, Huhtamaki North America, has committed to the acquisition of the 750,000-square-foot rail-served manufacturing and distribution facility in Cotton Lane Commerce Park, Goodyear, Ariz.   NGKF’s Jim Belcher and Robert Stephens represent Huhtamaki.   “Cotton Lane Commerce Park is a superb location for…

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Optima Kierland High-Rise Condominiums Going Vertical

After opening to a highly receptive market in April 2016 and surpassing preliminary sales goals, Optima Kierland, a high-rise luxury condominium and boutique rental community in the North Scottsdale Kierland neighborhood, is going vertical with construction of the project’s first 12-story condominium tower.   “We’ve enjoyed great reception in the market, with high demand from…

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Conor Commercial Real Estate and Globe Corp Deliver Two-Building Spec Industrial Development in Gilbert

Conor Commercial Real Estate, a member of The McShane Companies, and Globe Corporation, are pleased to announce that the construction of AZ|60 is complete and is ready for immediate occupancy. The new two-building, 225,600 total square foot speculative industrial property is located within Fiesta Tech Center strategically positioned just off the intersection of Arizona Avenue…

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NAI Horizon negotiates Central Avenue land sale on church property

Green Street Communities, Inc., a Phoenix-based residential design/build developer since 2012, has purchased approximately 2.6 acres of R-6 zoned land at the eastern perimeter of the Church for the Nations, 6225 N. Central Ave. NAI Horizon Associate Kim Kristoff represented Green Street Communities in the $1.298 million sale.   The eastern portion of the church…

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JLL Lease Establishes Arizona’s First Tire’s Warehouse Distribution Center

The Phoenix office of JLL has completed an 83,000-square-foot lease that establishes well-known tire distributor Tire’s Warehouse Inc. (TWI) in its first-ever Arizona location and its only distribution center outside of California. The new facility, which is located at 1502 E. Buckeye Rd. in Phoenix, brings TWI to seven distribution centers across the West, including one new…

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SELF-STORAGE FACILITY IN SUNNYSLOPE CHANGES HANDS

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of 7th Street and Dunlap Self Storage, a five-story, 706-unit, 69,910-net-rentable-square- foot storage facility in Phoenix. The facility was sold for an undisclosed amount and represented a reported record-breaking price within…

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