Alliance Bank of Arizona Donates $100K in Scholarships to Education Nonprofit, Urges Arizona Businesses to Support Higher Education

Alliance Bank of Arizona announced today a $100,000 scholarship donation to College Success Arizona, which will benefit  students in Phoenix-metro, Tucson and Northern Arizona enrolling in a Community College. Along with the scholarships that will be distributed by College Success Arizona to 20 students over a two-year period beginning in spring 2016, Alliance Bank is…

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Harvard Investments and GTIS Partners Announce New Cadence at Gateway Residential Community in Southeast Mesa

Arizona-based real estate investment and development company Harvard Investments (www.harvardinvestments.com), parent company The Hill Companies, of western Canada, and GTIS Partners LP (“GTIS”), an international real estate private equity firm headquartered in New York City, announced today they will soon break ground on Cadence at Gateway (http://cadenceaz.com), a new master-planned residential community in Mesa’s expanding…

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KENT CIRCLE INVESTMENTS ANNOUNCES NEW MANAGEMENT AT 5151 E. BROADWAY AND 250 S. WILLIAMS

Kent Circle Investments, owner of Tucson’s largest commercial building, has made a change in their onsite property management program. Cushman & Wakefield | PICOR has been hired to manage 5151 E. Broadway and 250 S. Williams comprising 369,075 SF of office space, effective January 1. “The decision to work with Cushman & Wakefield | PICOR was based…

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BMO Harris Bank Relocating to Central Arts Plaza; Secures Naming Rights for Iconic Central Arts District Tower

BMO Harris Bank will be the newest tenant in the tower at Central Arts Plaza located at 1850 N. Central Ave. The Chicago-based bank is relocating its regional headquarters from its current location at One Camelback at the southeast corner of Central Avenue and Camelback Road. As part of the lease transaction, the iconic office…

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Paul Saffo to Keynote ULI Arizona’s 2016 Real Estate Trends Day Focused on ‘The Next 10 Years’

The Urban Land Institute (ULI) has selected Paul Saffo, a highly respected forecaster of large-scale, long-term change as the 2016 Trends Day Keynote. Governor Doug Ducey and Arizona State University President Michael Crow will also lead compelling discussions centered on Arizona’s future. Saffo teaches at Stanford University and chairs the Future Studies and Forecasting track…

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CBRE Completes $24.75 Million Sale of Village Center – Sale Highlighted by Unique Target Ground-Lease

CBRE has completed the sale of Village Center, a 171,129-square-foot shopping center located at 4304 E. Cactus Road in Phoenix. The asset, which is highlighted by a unique Target ground-lease, commanded a sale price of $24.75 million. A team of brokers including Jesse Goldsmith and Steve Julius with CBRE’s Phoenix office and George Good and…

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LGE Design Build Completes 32,500 SF Office/Warehouse for Food Service Equipment Distributor

LGE Design Build has recently completed construction of a new 32,500-square-foot office/warehouse building for TruTemp Equipment, the largest wholesale food service equipment distributor in the Southwest. TruTemp’s building is located at 4010 E. Raymond St. in Phoenix within the Pinnacle Business Park. TruTemp outgrew its previous location for the third time in the past 12…

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CBRE Completes $22.625 Million Sale of Redevelopment Site in Old Town Scottsdale

CBRE has completed the sale of a commercial property poised for redevelopment, which is located at the southeast corner of Camelback and Scottsdale Roads in Old Town Scottsdale. The sale of the ±2.72-acre site (±118,630 square feet) included the ±67,691-square-foot multi-tenant office property at 7201 E. Camelback Road and the ±1,020-square-foot retail property located at…

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