Southern Arizona Association for the Visually Impaired Expands Phoenix Offices in Arcadia Gateway Center

Colliers International in Greater Phoenix negotiated an office lease expansion and renewal on behalf of the Southern Arizona Association for the Visually Impaired (“SAAVI”) in Arcadia Gateway Center at 4222 E. Thomas Road in Phoenix. SAAVI renewed an existing 6,450-square-foot space and expanded with an additional 5,781 square feet, totaling 12,231 square feet for a…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 9,180-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 Family Dollar, a 9,180-square foot net-leased property located in Congress, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $943,000.   Chris…

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NorthMarq Capital’s Phoenix office arranges acquisition financing of $2.465M for Comfort Inn & Suites in Lordsburg, NM

Griffin Martin, vice president of NorthMarq Capital’s Phoenix based regional office arranged acquisition financing of $2.465 million for a 64-unit Comfort Inn & Suites property located at 400 Wabash Street in Lordsburg, New Mexico. NorthMarq arranged financing for the borrower through its relationship with a regional bank. “We provided high-leverage financing for both the acquisition…

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Greater Scottsdale Airpark Seeing Steady Improvement and Transitioning to More Mixed-Use and Transit-Oriented Development

Jim Keeley, SIOR, CCIM, founding partner of Colliers International’s Scottsdale office, released his annual Greater Scottsdale Airpark 2030 Report for the year ending December 2015. The 2030 Report was first published in 1989 as the 2010 Report and provides a current and historical perspective on economic activity, growth and trends for the Greater Scottsdale Airpark…

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Downtown Phoenix: What are the development needs for vibrant urbanization?

By Sarah Stecko, Commercial Executive Magazine The keynote speaker at the Valley Partnership March breakfast, Congressman David Schweikert, emphasized economic recovery and the need to get creative in real estate, particularly in downtown Phoenix. Moderator Kevin Calihan, Senior Vice President at CBRE, got diverse insight from the city and a commercial real estate developer’s perspectives,…

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