MARCUS & MILLICHAP ARRANGES THE SALE OF A 7,008-SF NET-LEASED PROPERTY

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of AutoZone Ground Lease, a 7,008-square-foot net-leased property located in El Mirage (Phoenix), AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $890,000.…

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Hanley Investment Group Negotiates Sale of Multi-Tenant Retail Center in Phoenix Metro Area

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl negotiated the sale of 51st & Southern, a 15,498-square-foot multi-tenant retail property in the Phoenix metro area. The purchase price was $2,325,000. Wohl represented the seller, a private investment…

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SUMMER JACKSON JOINS RETAIL GROUP AT COLLIERS INTERNATIONAL IN GREATER PHOENIX

Summer Jackson has joined Colliers International in Greater Phoenix as an Associate Vice President in the Retail Group.  She joins Associate Vice Presidents John Jackson and Larry Miller on their successful team. “Mrs. Jackson came from a competitor where she started the retail leasing division eight years ago,” says Bob Mulhern, senior managing director of…

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Silverstone Marketplace in Scottsdale Purchased for $47 Million

Cushman & Wakefield announced today that Silverstone Marketplace, a newly constructed grocery-anchored neighborhood shopping center located at the southeast corner of Scottsdale and Pinnacle Roads in Scottsdale, Ariz. sold for $47 million to Chicago-based LaSalle Investment Management. The Seller was RHVT Limited Partnership, a joint venture formed by Arizona-based businessman Larry Van Tuyl and developer…

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COMMERCIAL PROPERTIES REPORTS ON PHOENIX COMMERCIAL MARKET ACTIVITY AND RECENT TRANSACTIONS

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, provides a brief overview of Phoenix’s commercial real estate activity, and reports on the top five transactions in June from second quarter.   Jeff Hays, Sr. Vice President – Corporate Services commented on the Phoenix industrial sector.  “In general, the industrial market continues to…

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Melissa Swader promoted to Director of Marketing & Administration at SVN Phoenix

SVN Desert Commercial Advisors is a full service commercial real estate firm that provides comprehensive expertise in brokerage, leasing, landlord/tenant representation, analysis/valuation and market research. Melissa Swader has been with Desert Commercial Advisors for over a year and a half and has been responsible for creating and implementing a comprehensive marketing, communications and public relations…

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Inside Look: Former Tucson Galleria Becomes 1,200-Employee Comcast Support Center

For office tenants able to think outside of the big box, Arizona’s lingering retail vacancies can equate to major opportunity. Such is the case with the recently completed renovation of the Tucson Galleria – a $16.4 million effort led by the Phoenix office of JLL that transformed a long-vacant retail mall into a cutting-edge Western region customer…

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