• Daum Negotiates Land Purchase for Rainbow Ryders Hot Air Balloon Ride Co. New Headquarter Facility in Phoenix

    Daum Negotiates Land Purchase for Rainbow Ryders Hot Air Balloon Ride Co. New Headquarter Facility in Phoenix0

    Daum Commercial Real Estate Services has negotiated the one-acre lot sale located at the southeast corner of Seventh Street and Covey Lane in Phoenix to Rainbow Ryders Hot Air Balloon Ride Co. for its future headquarters facility. The Daum Phoenix team of Trevor McKendry, Chris Rogers and Bob Lundstedt represented both the buyer, W. Scott

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  • CBRE Completes Sale of Centerpoint at Anthem

    CBRE Completes Sale of Centerpoint at Anthem0

    CBRE has completed the sale Centerpoint at Anthem, a ±29,193-square-foot shopping center located at 4220 W. Summit Walk Court and 42407 N. Vision Way in Anthem, Ariz. The property was 92 percent leased at time of sale and commanded a sale price of $2.7 million. Steve Julius and Jesse Goldsmith with CBRE’s Phoenix office negotiated

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  • Ozburn-Hessey Logistics Leases Space at 10 West Logistics Center

    Ozburn-Hessey Logistics Leases Space at 10 West Logistics Center0

    Cushman & Wakefield announced today that Tennessee-based Ozburn-Hessey Logistics (OHL) leased approximately 295,695 square feet (SF) of Phase 1 of 10 West Logistics Center, located at 6200 W. Van Buren Street. The landlord is an entity owned by New York Life Insurance Company. Cushman & Wakefield Executive Managing Director Andy Markham, SIOR, Senior Vice President

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  • South Tempe Shadow Anchored Retail Sells for just over $2M

    South Tempe Shadow Anchored Retail Sells for just over $2M0

    ORION Investment Real Estate is proud to announce the sale of Red Devil Center for $2,060,000 ($113/SF). This ±18,170 square foot retail strip center is located just west of the northwest corner of the high traffic intersection, Southern and Mill Avenue. The property is shadow anchored by Fry’s Food Store. Red Devil Center was 81%

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  • $34.35 Million East Valley Multifamily Property Sale Arranged by IPA

    $34.35 Million East Valley Multifamily Property Sale Arranged by IPA0

    Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, is pleased to announce the sale of Whispering Meadows a 432-unit apartment property in Mesa. The $34.35 million sales price equates to nearly $80,000 per unit. “The property is advantageously located within Mesa’s re-emerging business

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  • VELOCIS PURCHASES PARK ONE OFFICE COMPLEX

    VELOCIS PURCHASES PARK ONE OFFICE COMPLEX0

    Velocis, a private equity real estate fund, has purchased Park One, a three-building, multi-tenant, Class-A office development totaling 205,000 square feet in the Camelback Corridor in metropolitan Phoenix. A team of brokers including Barry Gabel, Chris Marchildon, and Kevin Shannon represented the seller, a joint venture between California-based McCarthy Cook & Co. and New York-based

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