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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Sheila Schmidt Joins Ryan Companies as Director of Healthcare Development

Ryan Companies US, Inc. announced Sheila Schmidt has joined the Ryan team as Director of Healthcare Development in the SouthWest Region. In this position, Sheila is focused on assisting our current, as well as potentially new, healthcare clients successfully achieve their real estate goals. She is able to provide guidance in all aspects of development…

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Matson Money to Expand Scottsdale Operations at La Curvata

Cushman & Wakefield, a global leader in commercial real estate services, announced today that Matson Money will significantly expand its Scottsdale operations with the lease of 47,482 square feet of office space at La Curvata in the Scottsdale Airpark. The Cincinnati-based company is a full-service Registered Investment Advisor firm offering asset management services through independent…

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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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