SVN Auction Services and Insignia CRE Coordinating Sale of Former State-of-the-Art Data Center in Phoenix

SVN® Auction Services, a national provider of date-specific sales and special asset solutions, and Phoenix-based Insignia CRE, are coordinating the sale of a commercial building in Phoenix that was the former location of a state-of-the-art data center. Located at 3830 N. 7th Street, the property will be offered in an online-only auction May 5 –…

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Q1 Phoenix Industrial Reports

In the Southeast Valley… There is balanced recovery with small user activity. • The Southeast Valley has seen a much more balanced recovery including large, mid-sized, and small, local users. • Over 1.0 million square feet of leases were signed in the first quarter, largely comprised of small deals under 5,000 square feet. In the Southwest Valley… The market is still…

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GREYSTAR TOPS 2016 NMHC 50 LIST AS LARGEST MANAGER OF APARTMENTS FOR SIXTH CONSECUTIVE YEAR

Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of rental housing properties, is pleased to announce that it has been recognized as the top ranked apartment manager for the sixth consecutive year in the National Multifamily Housing Council’s 27th annual 2016 NMHC 50, the authoritative ranking of the…

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Resort Revival: Hospitality resurgence transforming Paradise Valley

Valley Partnership has announced the topic for the April 29 breakfast. The program will feature a look at two major hospitality projects under construction in Paradise Valley – a new Ritz-Carlton and redevelopment of the iconic Mountain Shadows resort. The panel will feature Christopher Klecka, CFO of Five Star Development (Ritz-Carlton); Scott Lyon, Founder and…

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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…

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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…

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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.…

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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…

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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…

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