ViaWest Group Expands Hool Coury Law Long-Term Lease at Biltmore Financial Center

Hool Coury Law, a Phoenix law firm that helps entrepreneurs launch start-ups, has expanded its offices to nearly 5,000 square feet at the Biltmore Financial Center, adding new space adjacent to its existing offices for meetings with its client entrepreneurs and to facilitate meetings with investors and clients. Hool Coury Law assists entrepreneurs and investors…

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LGE Design Build Completes New $4.5 Million Campus for The ACES

LGE Design Build has recently completed constructing the $4.5 million Phoenix West Campus of The Austin Centers for Exceptional Students (The ACES). The ACES, a state approved school, is the largest private provider of special education in Arizona partnering with 65 districts and charter schools. The 30,000-square-foot Phoenix West Campus, located at 89th Ave. and…

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Mari Lederman Joins CBRE Healthcare Services in Phoenix

CBRE is pleased to announce that Mari Lederman has joined the firm’s Phoenix office. Ms. Lederman will partner with Kate Morris, Vince Femiano and Katie Kelley as part of the Phoenix Healthcare Services team. The team’s focus is assisting healthcare landlords and tenants with site selection, lease negotiations, marketing, investment sales, and strategic planning. Ms.…

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Multifamily Finance Expert Joins Leading Commercial Real Estate Finance Firm

Walker & Dunlop, Inc. (NYSE: WD) announced today it has hired Kyle Peterson as vice president in its Multifamily Finance group. As an accomplished commercial real estate professional, Mr. Peterson, based out of Walker & Dunlop’s Chicago office, specializes in the financing of acquisitions, rehabilitations, and new construction of affordable and market rate properties. Mr.…

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Garrett-Walker Homes Purchases 70 Lots in Del Rio Ranch in Avondale, Ariz.

Cushman & Wakefield, a global leader in commercial real estate services, announced today that locally based Garrett-Walker Homes purchased 70 finished lots within the master-planned community of Del Rio Ranch in Avondale, Ariz. for $2.76 million. Cushman & Wakefield Vice Presidents Brian Rosella and Will French represented Drexler Enterprises Inc. of Phoenix, seller of the…

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Colliers International Completes $1.5 Million Sale of Scottsdale Law Firm Sale Leaseback

Colliers International in Greater Phoenix recently completed the sale of a 6,000-square-foot freestanding office building for $1.5 million, or $250 a square foot. The Scottsdale office building located in the Indian Bend Corporate Centre currently houses the Law Offices of Margrave Celmins, P.C. 8171 E. Indian Bend Rd, LLLP of Scottsdale traded the property, 8171…

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CBRE Completes $88 Million Sale of Jefferson at One Scottsdale

CBRE has completed the sale of the Jefferson at One Scottsdale apartment community. The 388-unit multifamily complex commanded a sale price of $88 million. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office negotiated the transaction. The seller was JPI of Irving, TX. The buyer was Newport Beach, CA-based Olen Properties.…

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Cobalt Sale Demonstrates “Stalled-to-Stable” Phoenix Multifamily Recovery

Capital Markets experts in the Phoenix office of JLL have completed the $16.2 million ($180,000 per unit) sale of Cobalt on 32nd Street, a case study for Phoenix’s stalled-to-stable multifamily recovery and a sign of continued investor appetite for the market’s upside potential. JLL’s Executive Vice President John Cunningham and Vice President Charles Steele represented…

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Glendale shopping center acquired by Phillips Edison

Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced it has acquired two grocery-anchored shopping centers, expanding the Company’s portfolio in Arizona and Florida. 51st and Olive Square is an 88,225 square foot grocery store-anchored shopping center in Glendale, Arizona, a northwest suburb of Phoenix. The center is anchored by Fry’s Food and Drug grocery…

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