• Royal Suites Park in Phoenix, Arizona Sells for $2.05M

    Royal Suites Park in Phoenix, Arizona Sells for $2.05M0

    PHOENIX, ARIZ.  –  Royal Suites Park, a two-story, 29,462 square foot office building located at 3233 West Peoria Avenue in Phoenix, Arizona, has sold for $2,050,000 to Page Holdings, LLC, an investment group. Kidder Mathews commercial real estate broker, Jenette Bennett, CCIM, represented Page Holdings, LLC in the transaction. The seller was Viel Gluck, LP and Far

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  • Phoenix Office Space Ranks Among Fastest and Most Consistent for Absorption

    Phoenix Office Space Ranks Among Fastest and Most Consistent for Absorption0

    JLL report notes 1.2 million SF of absorption with no slowing in sight PHOENIX, ARIZ. – The Phoenix office market has achieved 1.2 million square feet of absorption year to date, placing it as one of the top secondary markets in the U.S. for fast and consistent net absorption, with no notable end in sight, says

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  • CBRE Arranges $16.8 Million in Financing for a Two-property Portfolio in Metro Phoenix

    CBRE Arranges $16.8 Million in Financing for a Two-property Portfolio in Metro Phoenix0

    PHOENIX, ARIZ.  –  CBRE arranged $16.8 million in financing for the acquisition of a two-property office portfolio consisting of three buildings in metro Phoenix. Bruce Francis, Dana Summers, Doug Birrell, Bob Ybarra and Shaun Moothart represented the borrower, an institutional investor based in Kuwait, in securing financing for both sites. The debt was secured with a

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