CBRE’s Chris Marchildon Honored with Prestigious NAIOP 2016 Developing Leaders Award

CBRE is pleased to announce Senior Associate Chris Marchildon has been honored with a prestigious NAIOP Developing Leaders Award for 2016. Now in its 11th year, the national award program honors up-and-coming commercial real estate professionals across the country, 35 years of age and under, for their valued contribution and commitment to the industry. “I…

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Hospital-Adjacent Medical Campus Trades in Glendale

The transaction included a 47,254 square feet controlling interest of prime medical office space within Thunderbird Palms Medical Campus. Five of the eight buildings comprising the Campus sold for $10,850,000 ($229.61 PSF). The Thunderbird Palms offering represented a rare opportunity to acquire modern, net leased, hospital adjacent, medical office buildings, on fee ground with no…

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PASSCO COMPANIES ACQUIRES CLASS A LUXURY MULTIFAMILY COMMUNITY IN PHOENIX METRO FOR APPROX. $80M

Passco Companies, LLC has acquired Almeria at Ocotillo, a 389-unit, Class A luxury multifamily community located within the Ocotillo Master Planned Community, an upscale master planned community in the dynamic Phoenix submarket of Chandler, Ariz., for approximately $80 million. “Chandler is one of the most desirable submarkets in the Phoenix metro,” says Gary Goodman, Senior…

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Getting the Wheels Turning: Is Arizona Poised to be a Logistics Hub?

Valley Partnership has announced the topic for the August 26 breakfast. This month’s panel will discuss Arizona’s future as a hub for manufacturing and logistics and what business and economic development leaders are doing to ensure viability in these industries going forward. The logistics and manufacturing panel will feature Nicholaus Fischer, Merit Partners; Mark Lashinske,…

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San Francisco Tech Company Zenreach Signs Lease at Biltmore Center

Zenreach, a San Francisco-based technology company, will open its first major office outside of its headquarters at Biltmore Center, 2390 E. Camelback Rd.  The company plans to employ approximately 350 people at the Camelback Corridor office. “This makes a major win for Phoenix and the Biltmore Center property,” says Ryan Timpani, Vice President with Colliers…

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Allred Wins Final Approval From Chandler City Council To Start Construction On Massive New Valley Office Complex

On Thursday evening, the Chandler City Council unanimously gave the final approval for the Douglas Allred Company’s development project in the Price Road Corridor, Park Place II. The Chandler City Council approved of the final rezoning for the 928,000 square foot employment business park campus, which will create nearly 10,000 jobs. With the receipt of…

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