BKM CAPITAL PARTNERS ACQUIRES FOUR LIGHT INDUSTRIAL BUSINESS PARKS IN PHOENIX METRO

BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial, has acquired four industrial business parks encompassing 442,173 square feet in the Phoenix metro area for a total consideration of $34.45 million.  The firm, which recently announced the final close of its debut institutional fund, BKM Industrial Value Fund…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 2,894-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 Arby’s – Corporate, a 2,894-square foot net-leased property located in Goodyear, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office.   The asset sold for $1,430,000.…

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Levrose Expands Retail Team with the Addition of Danielle Davis

Levrose Commercial Real Estate/TCN Worldwide is pleased to announce the expansion of its retail team with the addition of veteran retail broker Danielle Davis. Danielle originally joined Levrose Commercial Real Estate in 2007 to focus on Landlord and Tenant Representation in Downtown Scottsdale. She rejoins the Levrose team to focus on Landlord representation valleywide. She joins…

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Noel, Lambeth, Timpani Named Office Brokers of the Year at Best of NAIOP

Todd Noel, CCIM, executive vice president; Keith Lambeth, executive vice president; and Ryan Timpani, vice president, with Colliers International in Greater Phoenix, were named Office Brokers of the Year at the 2015 Best of NAIOP Arizona event on March 24. This is the industry’s top award given in recognition of the brokers’ significant achievements in…

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DRA Strategic Communications Announces New President, Agency Name

Michelle McGinty has been promoted to president of DRA Collective, formerly DRA Strategic Communications. The announcement coincides with the firm’s 30th anniversary.   DRA Collective is the new name for public relations and marketing firm DRA Strategic Communications, founded in Phoenix in 1986 by Denise D. Resnik. The new name refers to the agency’s collaborative…

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PATHFINDER PARTNERS ACQUIRES 90 CONDOS IN UPSCALE MULTIFAMILY COMMUNITY NEAR PARADISE VALLEY MALL IN PHOENIX

Expanding its Arizona multifamily portfolio, San Diego-based Pathfinder Partners, LLC has acquired 90 units in Aderra Condominiums – a 312-unit upscale community at 11640 North Tatum Boulevard in the exclusive Paradise Valley neighborhood of Phoenix – for $15 million. According to Lorne Polger, senior managing director of Pathfinder Partners, his firm acquired the condos in…

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Lincoln Property Company Completes Record Breaking 2015

Final year-end data has confirmed a record-breaking year for the Phoenix office of Lincoln Property Company (LPC), who in 2015 generated more than $233 million in investment and development activity, and substantially advanced its local property management portfolio and development pipeline.   The momentum has continued into 2016 as well. Since the first of the year, LPC…

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