• 2.15 Acre Infill Development Sold by ORION

    2.15 Acre Infill Development Sold by ORION0

    Situated on 2.15 acres, this excellent infill development recently sold for $840,000. The site is located just south of the southwest corner of Cambridge Avenue and 27th Street in Central Phoenix. Nick Miner, CCIM and J.T. Taylor at ORION Investment Real Estate represented the Seller in this transaction. “This was a great infill redevelopment property. Before

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  • NNN Investment Property Sold, Occupied by National Tenant

    NNN Investment Property Sold, Occupied by National Tenant0

    The single-tenant, NNN investment property sold for $750,000 ($271.05) with a national automotive tenant in place – AAMCO. Located in a fast-growing area of Gilbert, this property was constructed in 2005 with an attractive exterior to match the new and upcoming neighborhood. Nick Miner, CCIM, Senior Vice President, at ORION Investment Real Estate represented the

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  • Daum Negotiates $1.55 Million Corporate Office & Manufacturing Building Purchase for Kroy Sign Systems in Scottsdale Airpark

    Daum Negotiates $1.55 Million Corporate Office & Manufacturing Building Purchase for Kroy Sign Systems in Scottsdale Airpark0

    Daum Commercial Real Estate Services has negotiated the $1.55 million purchase of the new corporate office and manufacturing operation for Kroy Sign Systems in the Scottsdale Airpark at 8221 E Gelding Drive. Kroy Sign Systems has been located in the Scottsdale Airpark for 38 years and relocated from 7575 E. Redfield Road. David Wilson and

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  • $55.2 Million Luxury Multifamily Community Sale Brokered by IPA

    $55.2 Million Luxury Multifamily Community Sale Brokered 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 Indigo Creek, a 408-unit multifamily community in Glendale, Arizona. The $55.2 million sales price represents more than $135,000 per unit. “Indigo Creek is a vibrant, luxury multifamily asset

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  • Montecito Medical Purchases Successful Best of NAIOP Sun City Medical Office Building

    Montecito Medical Purchases Successful Best of NAIOP Sun City Medical Office Building0

    Thunderbird Square Medical I, a fully-leased medical office building at 13640 N. 99th Ave. in Sun City, has been sold to Montecito Medical of Tennessee. Awarded the Best of NAIOP Medical Office Building of the Year in 2012, this national medical office investment fund was attracted to the property’s quality, location and outstanding mix of

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  • Cushman & Wakefield Reps $9 Million Apartment Sale in Tempe

    Cushman & Wakefield Reps $9 Million Apartment Sale in Tempe0

    Cushman & Wakefield announced the $9 million sale of Parkside Apartments, located at 1801 South Cutler Drive in Tempe. The 100-unit apartment community was purchased by California-based Devistar II Properties, LLC for $90,800 per unit. Cushman & Wakefield Executive Managing Directors David Fogler and Steven Nicoluzakis of the Phoenix office represented the seller, Clear Sky

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