CONSTRUCTION SPENDING HOLDS STEADY IN AUGUST AND IS UP BY NEARLY 5 PERCENT FOR THE FIRST EIGHT MONTHS OF THE YEAR AS DEMAND REMAINS “ROBUST”

Construction spending held steady in August compared to July but is up nearly five percent for the first eight months of the year compared to same period in 2015, according to an analysis by the Associated General Contractors of America. Association officials said the new spending figures indicates that the industry’s recovery may be at…

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Western Window Systems Signs Lease at Airport I-10 Business Park

Cushman & Wakefield announced today that Western Window Systems signed a lease at Airport I-10 Business Park, located at 2200 E. Riverview Street in Phoenix. Cushman & Wakefield Executive Managing Directors Andy Markham, SIOR and Mike Haenel, Senior Vice President Will Strong and Associate Phil Haenel represented the tenant. Phoenix-based Western Window Systems, a leading…

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Kitchell promotes two executives

Kitchell recently promoted Julie Garcia to Director of Preconstruction, and Brian Potter to Chief Estimator. Garcia started her career with Kitchell after graduating from Arizona State University. She has held various roles within the company, most recently as Manager of Preconstruction. She has also served as an estimator and project engineer, primarily focused on Kitchell’s…

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Cole Capital® Announces Cole Office & Industrial REIT (CCIT III), Inc. Acquires Initial Property

Cole Office & Industrial REIT (CCIT III), Inc. (“CCIT III” or the “Company”), a publicly registered, non-listed company sponsored by Cole Capital that focuses on investing in single-tenant, income-producing, necessity office and industrial properties, and which intends to qualify and elect to be taxed as a real estate investment trust (“REIT”), has acquired its first property. CCIT…

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JLL Sells First Downtown Phoenix Apartment Community of New Cycle

The first urban apartment project to be constructed and traded in downtown Phoenix’s post-recession real estate upswing has sold this week in a $21.8 million deal brokered by the Phoenix office of JLL. Named Proxy 333, the project totals 118 highly amenitized urban multifamily units located in the heart of downtown’s Evans-Churchill neighborhood. JLL Executive Vice…

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Unique User Comes to Chandler

The Trigger Guy Gunsmithing & Sales recently leased an 800 square foot space in Granada Plaza, located on the southwest hard corner of Alma School Road and Galveston Street. The Trigger Guy provides gunsmithing services, including repairs, modifications, total gun transformations, installing sights, scope mounting, and cleaning services. They also do custom gun work.  …

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