Daum Negotiates Land Purchase for Rainbow Ryders Hot Air Balloon Ride Co. New Headquarter Facility in Phoenix

Daum Commercial Real Estate Services has negotiated the one-acre lot sale located at the southeast corner of Seventh Street and Covey Lane in Phoenix to Rainbow Ryders Hot Air Balloon Ride Co. for its future headquarters facility. The Daum Phoenix team of Trevor McKendry, Chris Rogers and Bob Lundstedt represented both the buyer, W. Scott…

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Alternative Workspace Provider Premier Business Centers to Open Second Location in Phoenix

Irvine, California based Premier Business Centers®, one of the largest privately owned alternative workspace/executive suite operators in the USA, announced today they will be expanding their presence in Arizona with a new executive office suite in Paradise Valley at 11201 N. Tatum Boulevard, Suite 300, Phoenix, AZ 85028. Centrally located in the Stonecreek Pointe building,…

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Lincoln Property Co. Promotes Megan Watkins to Associate Director of Management Services

Lincoln Property Company (LPC) Desert West has promoted Megan Watkins to Associate Director of Management Services.   In her new role, Watkins will help direct LPC’s regional portfolio of more than 6 million square feet of office, industrial and retail space. She will also work with LPC leadership to expand the company’s already active regional…

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Startup Launches First Ever Lending Platform BCRM Group, Funds Real Estate Due Diligence Deposits

BCRM Group LLC, a real-estate deposit funding startup, will fund earnest money deposits for real estate acquisitions in the United States.   In response to the previously unaddressed demand for capital, owners Ben Cohn and Randy Modell formed BCRM Group. Unlike anyone else in the industry, the company offers buyers reasonably priced immediate financing for…

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Earthworks Environmental moves to offices at Gilbert’s Heritage District

After working for almost two years out of Queen Creek, Cherie Koester, Principal of Earthworks Environmental, moved her staff into offices in the highly- sought-after Gilbert Heritage District. Koester, 37, founded the company in September 2014. Earthworks’ services include storm water pollution prevention, dust control and construction safety compliances. The firm primarily serves land developers,…

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$34.35 Million East Valley Multifamily Property Sale Arranged by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, is pleased to announce the sale of Whispering Meadows a 432-unit apartment property in Mesa. The $34.35 million sales price equates to nearly $80,000 per unit. “The property is advantageously located within Mesa’s re-emerging business…

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VELOCIS PURCHASES PARK ONE OFFICE COMPLEX

Velocis, a private equity real estate fund, has purchased Park One, a three-building, multi-tenant, Class-A office development totaling 205,000 square feet in the Camelback Corridor in metropolitan Phoenix. A team of brokers including Barry Gabel, Chris Marchildon, and Kevin Shannon represented the seller, a joint venture between California-based McCarthy Cook & Co. and New York-based…

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NAI Horizon negotiates $1.95 million investment property sale in Tempe

NAI Horizon Senior Vice President Mark Wilcke represented the seller in the $1.95 million sale of a multi-tenant, automotive retail/office investment property at 2404 and 2412 N. Scottsdale Rd., in Tempe. NAI Horizon represented Scottsdale Equity LLC of Los Angeles in the transaction. The 17,418-square-foot retail/office asset is 100 percent occupied. Located on the NWC…

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