Just What the Doctor Ordered: The Business of Well Being

Valley Partnership has announced the topic for the October 21 breakfast. This month’s panel will discuss the modern healthcare system, including developing and redeveloping new and existing healthcare-related projects. The healthcare industry can be contentious, with change a constant, but continual reality for providers, patients, and ancillary businesses. The pain points experienced by America’s healthcare…

Details

WESTERN ALLIANCE BANK MOVES UP TO #4 IN DEPOSITS IN ARIZONA

Western Alliance Bank, including its Arizona banking division, Alliance Bank of Arizona, has moved up to #4 in deposits across the state of Arizona from its 6th position last year, according to newly released data from the Federal Deposit Insurance Corporation.  The bank is part of top-performing Western Alliance Bancorporation (NYSE:WAL). Western Alliance Bank also…

Details

Small Giants Positions Self as Leader in CRE Aerial Photography with FAA Certified Drone Pilot

This year, Brianna Nessler of Small Giants completed the hard work involved to become the first female certified drone pilot specifically specializing in Phoenix’s commercial real estate industry. Her deep understanding of the new regulations position her as a top resource for legal and safe commercial real estate aerial photography. Nessler keeps herself knowledgeable in…

Details

COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF 162,960-SF INDUSTRIAL DISTRIBUTION BUILDING

Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a multi-tenant industrial distribution building located at 2915 E Washington Street in Phoenix. The building is approximately 162,960 SF and is conveniently situated on 5.74 acres just north of Phoenix Sky Harbor International Airport.  …

Details

Kierland Village Center Sold for $34.5 Million

Cushman & Wakefield announced today that Kierland Village Center, a grocery and drug anchored neighborhood shopping center located at the southeast corner of 64th Street and Greenway Road in Scottsdale, Ariz., sold for $34.5 million to Chicago-based LaSalle Investment Management. Cushman & Wakefield Executive Managing Directors Michael Hackett and Ryan Schubert represented the seller, Kierland…

Details

Industrial Trends and Investments on the Rise in the Phoenix Market

The Phoenix industrial market has become a substantial revenue-generating investment in the valley.  According to the US Capital Trends, the industrial market brought in $3.2 billion in July transaction volume alone. According to Real Capital Analytics, the Phoenix market is above average compared to other industrial markets across the United States.  SVN advisor and newcomer…

Details

Springwood Apartments in West Phoenix Sell for $8 Million

Springwood Apartments at 2540 N. 51st Ave. have been sold for $8,080,000 to a California private investor.  The sale is part of the dynamic multifamily investment market attracting out-of-state buyers to Phoenix. “This buyer recognizes a terrific value-add opportunity in this property,” says Trevor Koskovich, executive vice president with Colliers International in Greater Phoenix.  “The…

Details

$43.6 Million Sale of Flagstaff Luxury Apartment Homes

Cushman & Wakefield announced today the sale of The Lodge, a 252-unit luxury apartment community, located at 3601 South Lake Mary Road in Flagstaff, Ariz. Exchange Services, a qualified intermediary for SK5-ELA, LLC (Keller Investment Properties, LLC), purchased the property for $43.6 million. Cushman & Wakefield Executive Managing Directors David Fogler and Steven Nicoluzakis of…

Details