Phoenix Commercial Advisors – $23.1M Sale of Greenway Park Plaza

Recent closing by Chad Tiedeman, Steven Underwood and John Schweikert of Phoenix Commercial Advisors: Some story highlights: B centers are starting to sell – no longer just trophy properties International money starting to be invested in Arizona (Newly formed international REIT was the buyer of Greenway Park Plaza) Property Name: Greenway Park Plaza COE: October…

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Practice Management Specialists Relocates Corporate HQ in Mesa, Ariz.

CBRE has announced the signing of a ±16,380-square-foot office lease at 4435 E. Holmes Avenue in Mesa, Arizona. Practice Management Specialists, a local business service provider for dental practices, will relocate its corporate headquarters to the newly leased building at the end of this year. Jamie Swirtz with CBRE’s Phoenix office negotiated the long-term lease…

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Kathy Foster of Colliers International Receives CoreNet Global’s Master of Corporate Real Estate (MCR)

Kathy Foster, senior vice president of Corporate Solutions at Colliers International in Greater Phoenix, has been awarded the industry’s most prestigious designation, the Master of Corporate Real Estate (MCR), by CoreNet Global, the world’s leading professional association for corporate real estate and workplace executives. “Kathy Foster joins a distinguished class of MCR graduates who have…

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CBRE Completes $95.8 Million Sale of Pillar at Scottsdale Apartment Community

CBRE has completed the sale of Pillar at Scottsdale, a 539-unit apartment community located at 17212 North Scottsdale Road in Scottsdale, Arizona. The property commanded a sale price of $95.8 million and was 96% occupied at time of sale. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office negotiated the transaction.…

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P.B. Bell Acquires Gilbert Community, Renames it Alcove at The Islands

P.B. Bell, a leader in multifamily real estate development, management and acquisitions, has acquired Bayside at The Islands, a 272-unit apartment community in Gilbert, Arizona. Moving forward, the community will be known as Alcove at The Islands.   P.B. Bell purchased the lakeside apartment community, located at 1300 W. Warner Road, from Duluth, Minnesota-based Mercury…

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CBRE Completes $33.5 Million Sale of Bayside at the Islands Apartment Homes in Gilbert, Ariz.

CBRE has completed the sale of Bayside at the Islands, a 272-unit apartment community located at 1300 West Warner Road in Gilbert, Arizona. The property commanded a sale price of $33.5 million and was 96% occupied at time of sale. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office negotiated the…

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PHOENIX’S TOMA PARTNERS REAL ESTATE AFFILIATES WITH CENTURY 21 REAL ESTATE LLC

Phoenix-based independent real estate company Toma Partners Real Estate announced today that it will now operate as CENTURY 21 Toma Partners, a real estate brokerage franchise affiliate of Century 21 Real Estate LLC. The company will provide full-service real estate services to buyers and sellers throughout Phoenix and central Arizona. “The primary reason why we…

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Northgate Business Center and Blackhawk Corporate Center I in Deer Valley Sell for $29.5M

Cushman & Wakefield, a global leader in commercial real estate services, announced today that Northgate Business Center and Blackhawk Corporate Center I, located at the interchange of Interstate 17 and Loop 101, have been sold to a New York investor for approximately $29.5 million. Cushman & Wakefield’s Eric Wichterman, Mike Coover, Tim Whittemore and Mike…

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