Robert Sarver to be Honored at 2015 Leaders & Legends Celebration Annual Luncheon for Commitment to Education

College Success Arizona is proud to announce that Robert Sarver, Chairman and CEO of Western Alliance Bancorporation, will be honored at the 2015 Leaders and Legends Celebration Luncheon on Thursday, Oct. 29, 2015 in the Grand Ballroom of the Arizona Biltmore. Leaders and Legends is an annual fundraising luncheon honoring an Arizona community leader or…

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$9.4M JLL Industrial Sale Brings West Valley Interest to East Valley Asset

The Phoenix office of JLL has just closed the $9.4 million sale of 464 E. Chilton Dr., a manufacturing/distribution facility in Chandler, Arizona that underscores the growing interest in Southeast Valley industrial investment assets. JLL Vice President Steve Larsen and JLL Managing Director Bill Honsaker brokered the deal for the buyer, Cohen Asset Management, and the seller,…

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HAYDEN FERRY LAKESIDE CELEBRATES OPENING OF FINAL OFFICE TOWER

Tempe Mayor Mark Mitchell and Tempe city council members joined representatives of owner Parkway Properties, Inc. (NYSE:PKY), developer Ryan Companies, architect DAVIS, and other community leaders to celebrate the grand opening of Hayden Ferry Lakeside III (HFL III) on the northeast corner of Mill Avenue and Rio Salado Parkway.  HFL III, a Class A, 265,000 square foot, 10-story office tower, is the last of three…

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VESTAR AND AEW FORM JOINT VENTURE TO ACQUIRE TEMPE MARKETPLACE

Vestar, one of the largest privately held retail real estate companies in the western United States, and AEW Capital Management (AEW) have partnered to acquire Tempe Marketplace for $367 million.  Vestar previously owned the 1.3 million-square-foot, open-air retail center with Rockwood Capital, LLC (“Rockwood”) which is exiting its investment after a five year hold.  AEW…

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Colliers International to Provide 1H 2016 Data Center Outlook as Keynote Address at Phoenix Conference

Michael Ortiz, Southwest Region market leader of Colliers International’s Technology Solutions Practice Group, is serving as the keynote speaker at CAPRATE’s Fourth Annual Southwest Data Center Summit at the Sheraton Phoenix Downtown Hotel Nov. 10. Ortiz, also an associate vice president with Colliers International in Greater Phoenix, is speaking at 8 a.m. Nov. 10 and will…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 144-UNIT APARTMENT 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 Sunflower, a 144-unit apartment property located in Tucson, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $4,100,000. Hamid Panahi, Cliff David…

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ABI Multifamily Brokers $10.75M Value-Add Sale of Paradise North Apartments to California-based Investor, FPA Multifamily

ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the $10,750,000 sale of the 138-Unit, Paradise North Apartments located on 40th Street, just North of Bell Road in the Northeast Phoenix/North Paradise Valley submarket. “Paradise North Apartments is a unique property comprised of large, 987 SF average, Two Bedroom /…

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NorthMarq Capital negotiates $1 million refinance of retail property in Chandler, Arizona

Brian Teske, vice president of NorthMarq Capital’s Phoenix based office secured the $1 million refinance of the Chandler Plaza, a 6,900 sq.ft. retail property located at 1050 W. Chandler Boulevard in Chandler, Ariz.   The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship…

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Sperry Van Ness, LLC Announces $6.9 Million in weekly Sales/Lease transactions

An outstanding week of sale and lease transactions reaches almost $7,000,000 in total deal value.  Directors of Leasing, Mary Ridberg and Rommie Mojahed continue to excel in this industry by selling the Chandler Heights Marketplace for $5,425,000; an upcoming upscale retail shopping center in Chandler, along with a 4,800 square-foot lease at Riggs Landing for…

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Sun State Builders Announces the Launch of Its New Website

Sun State Builders is excited to launch its state-of-the-art website featuring a bold new design and stunning photography. SunStateBuilders.com has been re-branded utilizing the latest in mobile and responsive web technology to provide the ultimate user-friendly experience with improved navigation and functionality for desktops, tablets, and smartphones alike. The new website contains a detailed project…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 4,692-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 Wells Fargo Ground Lease, a 4,692-square foot net-leased property located in Marana, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office.   The asset sold for…

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