• 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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  • NAI Horizon negotiates $1.95 million investment property sale in Tempe

    NAI Horizon negotiates $1.95 million investment property sale in Tempe0

    NAI Horizon Senior Vice President Mark Wilcke represented the seller in the $1.95 million sale of a multi-tenant, automotive retail/office investment property at 2404 and 2412 N. Scottsdale Rd., in Tempe. NAI Horizon represented Scottsdale Equity LLC of Los Angeles in the transaction. The 17,418-square-foot retail/office asset is 100 percent occupied. Located on the NWC

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  • EVERGREEN DEVELOPMENT’S RETAIL PROPERTY IN SAN DIMAS, CA. IS FULLY LEASED

    EVERGREEN DEVELOPMENT’S RETAIL PROPERTY IN SAN DIMAS, CA. IS FULLY LEASED0

    Phoenix-based Evergreen Development, owner of the retail center on the southeast corner of Lone Hill Avenue and Gladstone Street in San Dimas,  announced that its center is 100 percent leased, with Café Rio, Krispy Kreme, Panera Bread and Five Guys, just more than one year after breaking ground in May 2015. Jimmy John’s and Dickey’s

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