Wentworth Property Company Purchases Tempe Industrial Property

Cushman & Wakefield, a global leader in commercial real estate services, announced today that Phoenix-based Wentworth Property Company (“WPC”) purchased a ±42,281 square foot industrial property at 2077 E. University Drive in Tempe, Ariz. for $3.6 million.   The seller was Essex Scot, LLC of Riverside, Calif. Andy Markham, SIOR, Mike Haenel, Will Strong and…

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Daum Negotiates 142,000 SF Lease for Sherwood Bedding in Tolleson for $7.4 Million

Daum Commercial Real Estate Services has negotiated the 142,146-square-foot lease for Sherwood Bedding, located at the northeast corner of 94th Avenue and W. Buckeye Road in Tolleson for $7.4 million. Steve Bodeman of Daum Phoenix and Damian Rivera of E. Smith Realty Partners in Dallas represented Sherwood Bedding in the lease. Payson and Don MacWilliam…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 7,350-SQUARE FOOT 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 7,350-square foot net-leased property located in Chandler, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1,400,000.  …

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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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