ORION Closes Multi-Tenant Office Building in Scottsdale, Ariz.

ORION is proud to announce the sale of Scottsdale Executive Square, a 29,806 square foot, Class B multi-tenant office. The office building recently sold for $3,540,000 ($118.77/SF). Situated on 97,200 square feet, just north of the northeast corner of Scottsdale and Thunderbird Roads, the building has excellent Scottsdale Road frontage with approximately 35,665 vehicles passing…

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NAIOP ARIZONA WINS NATIONAL EDUCATION AWARD FOR ITS DEVELOPING LEADERS MENTOR PROGRAM

NAIOP Arizona ran its victory streak to 11 consecutive years as it won the Chapter Merit Award in the Education category Monday night at the industry organization’s annual meeting in Washington, D.C. NAIOP Arizona, which won three awards last year and has brought home national honors for more than a decade, captured the Education category…

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New Construction to Commence at “The Wedge” in Tempe, Ariz.

Davis Enterprises – Investments & Development, a family-owned business with a successful track record of many investments and redevelopment projects in retail, office, industrial and multifamily throughout the Valley, has received approval from the City of Tempe to begin construction on a prime retail project at 1015 S. Rural Road (North of Apache Boulevard) in Tempe, Ariz.…

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Daum Negotiates $1.15M Sale of Industrial Warehouse in Phoenix

Daum Commercial Real Estate Services has negotiated the $1.15 million sale of a 10,792-square-foot 100-percent leased warehouse located at 23042 N 16th Lane in Phoenix. Chris Rogers and Trevor McKendry of Daum Phoenix represented both the buyer and seller in the transaction. Bob Lundstedt, first vice president of Daum Phoenix, assisted in representation. The buyer,…

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RIO SALADO DEVELOPMENT TOPIC OF CORENET GLOBAL AZ FEBRUARY LUNCH

Tempe’s development landscape is changing as new projects, specifically Marina Heights, are reaching to the sky and others are in the planning stages. How the impact of Marina Heights is helping fuel growth in Tempe will be the topic of CoreNet Global Arizona’s February lunch. “Rio Salado Development & Beyond” panelists include John Strittmatter, Chairman,…

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IRGENS COMPLETES HARBOR VISTA MEDICAL COMMONS IN PEORIA, ARIZ.

Irgens – Phoenix has announced development completion of shell and core construction for Harbor Vista Medical Commons, the new Cigna Medical Group Sun City Multi-Specialty Center at 9069 W. Thunderbird Ave. in Peoria, Ariz. The 60,000-square-foot, build-to-suit facility will offer health care delivery services to Cigna Medical Group patients.  Scheduled to open for patients in…

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BERKADIA NEGOTIATES $4.25M MULTIFAMILY LAND SALE IN GILBERT, ARIZ.

Berkadia announced today the land sale of Residences at Gilbert Town Square development site, located at the southwest corner of Warner and Gilbert roads. Senior Managing Director Mark Forrester, Managing Director Ric Holway, Vice President Dan Cheyne and Associate Tom Wolff of the Phoenix office negotiated the transaction. Gilbert Town Square is a two-parcel site,…

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