CBRE Appoints Susan LaGanke to Senior Managing Director in Multi-Market Role

CBRE announced today that Susan LaGanke has been promoted to Senior Managing Director, Project Management, Southwest Region and Multi-Markets. In addition to her current management responsibilities in the Southwest Region, Ms. LaGanke will now also lead multi-market project management business pursuits and interface with clients and brokers to ensure consistent delivery of best-in-class services across…

Details

Johnson Carlier announces new President / COO and BEC Southwest subsidiary

Johnson Carlier, a locally-based general contractor, announced today that it has acquired BEC Southwest. Its founder and owner Marc Daniels, has rejoined Johnson Carlier as President / COO. Marc left Johnson Carlier in 1992 to start BEC, which grew into a successful engineering and construction company that predominantly works in Northern Arizona, Colorado and New…

Details

Arcadia Village Shopping Center Sells for $19.65 Million

Cushman & Wakefield announced today the purchase of Arcadia Village, a CVS pharmacy-anchored, neighborhood shopping center located on the southwest corner of Camelback Road and 40th Street in the prestigious Arcadia neighborhood in Phoenix, Arizona for $19.65 million. Cushman & Wakefield Executive Managing Directors Ryan Schubert and Michael Hackett represented the seller, Arcadia Retail, LLC.…

Details

Sun State Builders Announces the Groundbreaking of First Electronics, Inc.

Sun State Builders is proud to announce the groundbreaking of a new state-of-the-art circuit board manufacturing facility and office for First Electronics, Inc. (FEI) in Chandler, Ariz. The 32,000 SF concrete tilt building boasts 24’ clear heights, full air conditioning, and great freeway access. The new facility features cutting edge wave soldering equipment and a…

Details

Bryan Mummaw Joins TOWER CAPITAL’S Phoenix Office as Vice President

TOWER CAPITAL, a commercial real estate structured finance firm, announces that Bryan Mummaw has joined the firm’s Phoenix office as Vice President.  In his new position, Mr. Mummaw will be originating debt and equity for commercial real estate property owners. Prior to joining Tower Capital, Bryan served as an Associate Director for Berkadia Real Estate…

Details

Avison Young negotiates sale of 3080 N. Civic Center Plaza in Scottsdale

Avison Young, the world’s fastest-growing commercial real estate services firm, announced today the sale of a 21,776-square-foot (sf) former church building on 2.07 acres at 3080 N. Civic Center Plaza in Scottsdale, Ariz. Located in Old Town Scottsdale, the site is slated for adaptive reuse as an office property. Avison Young Principals Alexandra Loye and…

Details

COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF A 66,756-SF OFFICE/FLEX BUILDING IN CHANDLER

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a 66,756 SF Class A office/flex building located at 2225 S Price Road in Chandler, Ariz. John G. Soldo, SIOR of CPI’s Tempe office represented the Buyer, Ross Mitchell of Dunbar Real Estate Investment Management from El…

Details

Lincoln Property Co. Secures SAP as First Tenant, Breaks Ground on The Grand at Papago Park Center

Just as it breaks ground on the first building at The Grand at Papago Park Center in Tempe, Arizona, Lincoln Property Company (LPC) has secured a pre-lease commitment from a major first tenant: leading enterprise application software company SAP America (NYSE: SAP).   SAP is currently located in the Scottsdale Galleria, but will relocate to the first building at The Grand…

Details

NGKF Retail Represents Bealls, Inc. in Southwest Regional Expansion

Newmark Grubb Knight Frank (NGKF) announced the Southwest expansion of privately-owned Bealls, Inc. (Bealls Outlet and Burkes Outlet), a national off-price retailer, in Phoenix, Albuquerque, Tucson and Las Vegas. Represented by Tim Westfall and Joe Doucett with NGKF Arizona Retail, Bealls, Inc. closed seven transactions in the last quarter for more than 136,000 square feet.…

Details

BERKADIA COMPLETES $36 MILLION SALE OF ARIZONA MULTIFAMILY PROPERTY

Berkadia today announced the recent sale of the Bellagio Apartments, a multifamily property located in Scottsdale, Arizona. The $36.25 million sale was completed on March 31, reflecting a $179,455 per-unit price. Senior Managing Director Mark Forrester, Managing Director Ric Holway, Vice President Dan Cheyne and Associate Tom Wolff of the Phoenix office helped facilitate the…

Details