DEVELOPMENT VETERAN JOINS VELOCITY RETAIL GROUP’S ACCELERATED DEVELOPMENT SERVICES DIVISION

Accelerated Development Services, a division of Velocity Retail Group, announces the hiring of Trey Eakin as Senior Vice President of Development Services effective immediately.  A 30 year veteran in the retail development arena, Trey’s experience includes acquisitions, oversight, strategic analysis, project management, and lease up of retail and mixed-use projects totaling over $1 billion in…

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ABI Multifamily Closes Redevelopment Play in Phoenix’s Uptown District

ABI Multifamily, the Valley’s largest locally operated dedicated multifamily brokerage and advisory services firm, is pleased to announce the $2,825,000 sale of the Idle Hours Apartments, a 28-unit apartment community located in Phoenix. Idle Hours Apartments is a low density one-story apartment community, originally built in 1956 and comprised of all two bedroom/one bath apartments…

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Menlo Group Makes Deal with WP West Acquisitions, Land Sale Comprises Over Four Acres in Downtown Phoenix

Yesterday Wood Partners’ entity WP West Acquisitions, LLC, one of the nation’s leading real estate developers, purchased 4.18 acres on Third Street and Thomas Road in the heart of downtown Phoenix. The sale was brokered through Michael A. Lieb, Ltd representing the buyer, while Stuart Milne and Rich Andrus with Menlo Group Commercial Real Estate…

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LEVROSE COMMERCIAL REAL ESTATE LEASES GLENDALE OFFICE SPACE TO ARIZONA DEPARTMENT OF CHILD SAFETY

LevRose Commercial Real Estate, a leading Arizona-based commercial real estate brokerage and management company, announced recently that the Arizona Department of Child Safety (DCS) leased 36,000 square feet of office space at a downtown Glendale building located across from Murphy Park. LevRose Commercial Real Estate Partner Zak Kottler represented the landlord, the City of Glendale,…

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PRESIDIO RESIDENTIAL CAPITAL AND FAMILY DEVELOPMENT START SALES AT NEW 66-UNIT COMMUNITY IN SCOTTSDALE

Presidio Residential Capital and Family Development will open model homes in mid-November at The Ridge at Troon North, a 66-unit community on the fairways of the Troon North Golf Club in Scottsdale, Ariz. Nine units have already been sold at The Ridge, the project is expected to be completed in Spring 2017. The retail value…

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Hundreds of volunteers come out to transform Florence Crittenton Girls Ranch at 28th annual Valley Partnership Community Project

By Rumer Cantrell   It was only fitting that the largest number of volunteers ever showed up for what turned out to be a record-breaking 28th annual Valley Partnership Community Project. The 2015 community project Saturday at the Florence Crittenton Girls Ranch in Scottsdale drew almost 300 volunteers on a sunny fall day. A record…

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REAIC AWARDS SCHOLARSHIPS TO TWO ARIZONA STATE UNIVERSITY MASTERS OF REAL ESTATE DEVELOPMENT STUDENTS

The Southwest Chapter of REIAC (Real Estate Investment Advisory Council), an exclusive organization of top real estate executives involved in developing, acquiring and/or financing real estate, recently awarded scholarships of $2,500 each to two students enrolled in Arizona State University’s Masters of Real Estate Development (MRED) program at the W.P. Carey School of Business. This…

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Ryan is Awarded SHARP Award for Exemplary Safety and Health Management Systems at Marina Heights — Recognized by the AZ Division of Occupational Safety and Health

Ryan Companies US, Inc. has been awarded Safety and Health Achievement Recognition Program (SHARP) Accreditation by the Arizona Division of Occupational Safety and Health (ADOSH) for the Marina Heights project — the 5-building, 2 million square foot project on Rio Salado Parkway immediately south of Tempe Town Lake. Ryan is one of only two companies to receive this award for construction work…

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ARTEMIS FUNDS PREFERRED EQUITY ON $16.70M PURCHASE OF TRAILS AT HARRIS APARTMENTS – 209 UNITS IN MESA, ARIZ.

Artemis Realty Capital has funded the preferred equity for the $16,675,000 purchase of Trails at Harris Apartments, a 209-unit community in Mesa, Arizona located right on hwy 60, providing easy access to Mesa’s employment corridor.  The permanent debt was placed by Brandon Harrington and Matt Steffen at Walker & Dunlop. Transaction and Property Highlights    The Asset:…

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