UNS Energy Corporation Renews Management Agreement with Ryan to Continue Managing their Corporate Headquarters for Tucson Electric Power

UNS Energy Corporation has selected Ryan Companies US, Inc. to continue to manage the Ryan-constructed, nine-story, 260,914 square foot, corporate headquarters for Tucson Electric Power (TEP). For the past four years, Ryan’s Real Estate Management team has provided management and engineering services to UNS through the construction process and into the operational transition. After the four-year assignment, UNS held a competitive bid and…

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Colliers International Assists Veteran Affairs with Medical Office Lease in North Central Phoenix

Colliers International in Greater Phoenix recently assisted the U.S. Department of Veterans Affairs in the lease of a 29,312-square foot, Class B medical office in the Camelback Medical Plaza in Phoenix. The Phoenix VA leased the property, located at 5040 N. 15th Avenue, from CHP Camelback Medical LLC/Elevation Companies of Denver. Colliers International Associate Vice…

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Colliers International Assists Veterans Affairs with Lease of Estrella Health Center in West Phoenix

Colliers International in Greater Phoenix recently assisted the U.S. Department of Veterans Affairs in securing a long-term office lease in the 80,814-square foot Estrella Health Center in Phoenix. The Phoenix VA leased the 4th floor of the building, located at 9250 W. Thomas Road, from Legend Real Estate Management with corporate offices in Los Angeles.…

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SimonCRE Purchases Retail Building in the Heart of the ASU Trade Area

Commercial real estate developer SimonCRE purchased a +/-3,300 SF freestanding retail building in the heart of the ASU trade area and will begin renovations immediately for Tempe’s newest chain, Blaze Pizza, set to open in the spring. The building, located at 105 W. University, sits just west of the intersection of Mill Avenue and University Drive and was purchased…

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HINES RENEWS LEASE FOR BRYAN CAVE, SIGNS BERKELEY RESEARCH GROUP LEASE AT RENAISSANCE SQUARE

Hines, the international real estate firm, today announced it has renewed Bryan Cave’s long-term 38,878-square-foot lease and signed a new 6,244-square-foot lease for Berkeley Research Group, LLC at Renaissance Square. Bryan Cave, a law firm with more than 135 employees, has been located at Renaissance Square for 17 years. “We are pleased to renew our…

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Ryan’s Marina Heights Project is Awarded AMCA 2015 Project of the Year

Ryan Companies US Inc.’s two million square foot Marina Heights project has been awarded the Associated Minority Contractors of America (AMCA) 2015 Project of the Year for the first of five office towers to open at Marina Heights, Building D. Ryan has a long-standing commitment to the inclusion of Minority and Women Business Enterprises (M/WBE) on its construction projects. Through Ryan’s…

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Dennis Williams of NorthMarq Capital’s San Francisco office negotiates $7.5M refinance of Somerset Apts. in Albuquerque

Dennis Williams, senior vice president/managing director of NorthMarq Capital’s San Francisco office finalized the $7.5 million refinance of Somerset Apartments, a 224-unit multifamily property located at 1101, 1201 and 1205 Madeira Drive SE in Albuquerque, New Mexico.   The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the…

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Douglas Allred Company Purchases Former Phoenix Industrial Building, Announces Plans to Develop New Office Property

Cushman & Wakefield, a global leader in commercial real estate services, announced today that Dared 89 LLC (dba Douglas Allred Company) purchased a ±64,853 square foot industrial building at 4039 E. Raymond Street in Phoenix for $3.6 million. The San Diego-based full-service real estate firm announced plans to tear down the existing building and develop…

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Clarendon Place in Midtown Phoenix Sells for $9.37 Million

Cushman & Wakefield, a global leader in commercial real estate services, announced today that Clarendon Place, located at 300 W. Clarendon Ave. in Phoenix, sold to California-based investor Brentwood Mortgage Rose Plaza/MKN for $9.37 million. The seller was the Burton Family Foundation (Daryl Burton and Jeffrey Sauter) of Phoenix. Cushman & Wakefield’s Eric Wichterman and…

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