EMG Acquires Land Title Survey Company Smith-Roberts National

EMG, the largest technical assessment and project management company in the United States, announced today that it has finalized the acquisition of Oklahoma-based Smith-Roberts National. Smith-Roberts National coordinates, reviews, and delivers land title surveys for owners and buyers of real estate, banks and other financial institutions representing real estate owners and buyers, and other general…

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IPA Announces Construction of Generations at Ahwatukee

Investment Property Associates, LLC (IPA) and Retirement Community Specialists (RCS) have announced construction is now underway on its senior living community, Generations at Ahwatukee. The project, located at the southeast corner of Chandler Boulevard and 50th Street is targeted for completion by mid-summer 2017. The community will include a total of 137 units, comprised of 97…

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Levrose/TCN Worldwide Releases Recent Transactions

Levrose Commercial Real Estate/TCN Worldwide has released the following list of completed sale and lease transactions. Sale Transactions:   Kelly O’Dea of Levrose Commercial Real Estate/TCN Worldwide facilitated the sale of a 10,330-square-foot medical office building at 7600 E. Camelback Road in Scottsdale, AZ for $1,850,000. The buyer is 7600 E. Camelback, LLC. The seller…

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Liberty Property Trust to Break Ground on First Building at Liberty Logistics Center II in Phoenix

Liberty Property Trust today announced that it will break ground on its first building this spring at Liberty Logistics Center II, a new 73-acre industrial park located at the corner of 71st Avenue and Buckeye Road in Phoenix.  The 222,910 square foot distribution facility is the first of the 1.5 million square feet of multi-tenant…

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Rodney Riley Joins CBRE as Regional Sales Director of Investor Services

CBRE announced today that Rodney Riley has been appointed Regional Sales Director, Investor Services for the Southwest Region. Mr. Riley will collaborate with local leadership and assist with business development and sales efforts for all Investor Services business, including Agency Brokerage, IP, Asset Services, Project Management, Debt & Structured Finance and Valuation. “Rodney is an…

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CRESA STRENGTHENS MANAGEMENT TEAM WITH APPOINTMENT OF PRINCIPAL

Cresa, the world’s largest tenant-only commercial real estate firm, has appointed Rod Beach to the position of Principal, Cresa Phoenix. Mr. Beach will provide leadership and direction across the many facets of operations including strategic services and transaction management.   Mr. Beach joins a management team built by Gary Gregg, Scott Maxwell, Chris Walton, and…

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JLL Industrial Experts Predict a Hot Year for Phoenix Cold Storage Space

Industrial experts in the Phoenix office of JLL are predicting a very hot year for Phoenix cold storage space – which is defined as industrial buildings that cater to food and beverage users. Traditionally, this category of space combines office/back office product with industrial-grade, climate controlled areas for freezer, cold storage and dry storage activity. “There are more than…

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SUNDT NAMES RYAN ABBOTT HEAD OF SOUTHWEST DISTRICT

Sundt Construction, Inc. (www.sundt.com) has promoted Ryan Abbott to Senior Vice President and Southwest District Manager. In his new role, Abbott provides direction to the district’s leadership team and is responsible for overall performance of its building projects, including acquiring and executing work in Arizona, New Mexico and western Texas. Meanwhile, former Southwest District Manager…

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Revitalization in Full Swing on 65-Year-Old Retail Plaza at 32nd Street and Indian School – renamed Arcadia Fiesta

With a proud history of revitalizing retail centers, De Rito Partners Development, Inc. is excited to announce the ongoing redevelopment and re-tenant efforts at Arcadia Fiesta, located at the southwest corner of 32nd Street and Indian School Road in Phoenix. “The new center will bring a fresh and newly upgraded shopping experience to this neighborhood.…

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Sun State Builders Announces the Completion of the Flagstaff Department of Economic Security, Flagstaff, Ariz.

Sun State Builders is very proud to announce the completion of the Department of Economic Security project in Flagstaff, Arizona. The single tenant office project is 50,000 SF, Three-Stories, and is beautifully incorporated into the pines of Northern Arizona.   The fully occupied office space houses 8 different departments for the State of Arizona, including…

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CHRIS EVANS JOINS BKM CAPITAL PARTNERS AS ASSET MANAGER

BKM Capital Partners, a fund manager and operator platform targeting value-add, multi-tenant light industrial real estate in the Western U.S., has hired  real estate professional Chris Evans as Asset Manager. Evans will be responsible for the asset management of a portfolio of multi-tenant industrial assets located throughout the Western United States, including the oversight of…

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Silver Cliffs Apartment Homes Sells for $8.95 Million in Bullhead City, Ariz.

Colliers International in Greater Phoenix negotiated the sale of Silver Cliffs Apartment Homes at 1570 Paseo Grande in Bullhead City, Arizona, for $8.95 million or $55,590 per unit. Colliers International’s executive vice presidents Bill Hahn, Jeff Sherman and Trevor Koskovich represented both the seller and buyer. The seller was Thompson Corporation of Brookfield, Wisconsin.  …

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