SimonCRE Purchases 2-Story Office Building for New Headquarters

Commercial real estate developer SimonCRE purchased an existing +/-7,756 SF, two-story plus basement office building located at 6900 East 2nd Street in Scottsdale, Ariz., that will become the new SimonCRE headquarters. SimonCRE has grown from three employees to sixteen in just over a year. SimonCRE will be renovating the exterior facade, updating the landscaping, and completing an interior…

Details

NorthMarq Capital arranges permanent financing of $3,055,000 and equity of $987,000 for Sunflower Apartments in Tucson, Ariz.

NorthMarq Capital’s Denver office arranged debt of $3,055,000, as well as equity totaling $987,000 for Sunflower Apartments located at 6502 E. Golf Links Road in Tucson, Ariz. The gated community consists of 144 units contained in eighteen, two-story buildings. Property amenities feature fitness center, pool and spa, 24-hour laundry facility, racquetball court, and playground. Units…

Details

WILLIS TOWER SKYDECK LAUNCHES VALENTINE’S DAY WEDDING EXPERIENCE FROM 103 FLOORS ABOVE CHICAGO

For the first time in Willis Tower’s 43-year history, the iconic skyscraper is giving loving couples the chance to win a Valentine’s Day wedding ceremony atop the highest observation deck in the United States at Skydeck Chicago’s 103rd floor, which is 1,353 feet high.   Beginning today, couples are encouraged to participate in a social…

Details

Valley Partnership CEO/President, board member named to state water group

Valley Partnership CEO/President Cheryl Lombard and Lisa Atkins, Arizona State Land Commissioner and Valley Partnership board member, have been appointed to the newly-formed Water Augmentation Council by Gov. Doug Ducey. The council was identified as part of Gov. Ducey’s Water Initiative to ensure the certainty and vitality of Arizona’s future water supplies. The council includes…

Details

MARCUS & MILLICHAP ARRANGES THE SALE OF A 2,392-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 TitleMax, a 2,392-square foot net-leased property located in Glendale, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office.   The asset sold for $1,050,000. Jamie Medress…

Details

Chicago-based CEO Named 2016 Enterprising Women of the Year Champion

Jennifer Didier, founder and CEO of Directions Training (https://www.directionstraining.com/), an IT and professional development training company, has been named a “2016 Enterprising Women of the Year Champion” by Enterprising Women Magazine. The annual Enterprising Women of the Year Award is widely considered one of the most prestigious recognition programs for women business owners. To win, nominees…

Details

MARCUS & MILLICHAP ARRANGES THE SALE OF A 26,531-SF OFFICE BUILDING

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 Shea Professional Plaza, a 26,531-square foot office property located in Phoenix, according to Don Morrow, regional manager of the firm’s Phoenix office.   The asset sold for $1,200,000. The…

Details

COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE LEASE OF TWO OFFICE SUITES TOTALING 16,377 SF IN SCOTTSDALE, Ariz.

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the lease of two suites for Hypur Inc. Hypur is a next generation software development firm that enables financial institutions to utilize technology in an intelligent manner that helps manage risk and proactively serve their clientele.  Chad Dearmore of CPI’s…

Details

ABI Multifamily Closes North Phoenix Apartment Complex near Deer Valley Airport

ABI Multifamily, the Valley’s largest locally operated dedicated multifamily brokerage and advisory services firm, is pleased to announce the $1,092,000 sale of the Desert Winds Apartments, a 28-unit apartment community located in North Phoenix. Desert Winds Apartments is a two and three-story apartment community, originally built in 1983 and comprised of all one bedroom/one bath…

Details

Colliers International HSK Multifamily Closes Solstice at Arcadia Condominiums

WWC Holdings LLC, Janet Trpin, principal, paid $9,300,000 ($69,924.81 per unit) to buy 133 units within the Solstice at Arcadia Condominium, located at 5401 E. Thomas Road, Phoenix. The entire complex comprises 181 condominiums. The seller was a limited liability company, 54th Street Condos LLC, an affiliate of Owen Financial Group of Walnut Creek, California.…

Details

City Property Management Company Announces First In the Nation HOA APP “HOA YOUR WAY”

Valley based and locally owned City Property Management, which now manages 100,000 residential units in more than 300 homeowners associations in Arizona has developed and released a first in the nation smartphone app that can be downloaded on any iPhone, iPad or Android device.  The app represents the first major technological advancement for an industry…

Details

Council of Supply Chain Management Professionals Announces Global Challenge International Contest Coming to the Valley

The Arizona Roundtable of the global Council of Supply Chain Management Professionals (CSCMP) announced it will host the first ever Arizona regional qualifier for the Global Challenge international contest on January 15th at Arizona State University. Designed to bridge professional generational gaps, the competition creates a platform where millennials and seasoned professionals can discuss new…

Details

Colliers Completes 17,500-SF Tempe Office Lease for Maricopa Corporate College

Colliers International in Greater Phoenix recently completed a 17,500-square-foot long-term lease for Maricopa Corporate College, part of the Maricopa County Community College District. Maricopa Corporate College leased the space at 1050 W. Washington Street, Suite 100, in Tempe from Sunstate. The space will provide conference, training and meeting rooms for on-site workforce programs and classes.…

Details