• Graycor Hires Stephanie Handley as Business Development Manager

    Graycor Hires Stephanie Handley as Business Development Manager

    Industry veteran to direct business development activities in the Southwest PHOENIX, ARIZ. – Graycor Construction Company has hired industry veteran Stephanie Handley as Business Development Manager for the Southwest Division. In her new role, Handley serves on Graycor’s Southwest leadership team, directing sales and marketing efforts to strategically grow the company’s local and regional market share. Based in

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  • Reformed Pilates is Coming to Raintree Ranch Center

    Reformed Pilates is Coming to Raintree Ranch Center

    Phoenix, Ariz. – Weingarten Realty (NYSE: WRI) announced Reformed Pilates is leasing 1,502 SF at Raintree Ranch Center in Chandler, Arizona. Reformed Pilates was founded by a brother and sister team in 2013.  Peter and Laura Morgan created this fusion of classical elements of Pilates and interval training.  In each class you are guaranteed a low-impact full-body

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  • Strong Apartment Performance and Low Interest Rates Draw Buyers to Phoenix

    Strong Apartment Performance and Low Interest Rates Draw Buyers to Phoenix

    Apartment Construction Falls Short of Residential Demand; Average Effective Rent Skyrockets Economic growth underpins strong apartment absorption. Corporate expansions continue to drive in-migration as companies and job seekers seek refuge from the high costs found in other major metros. Allstate Insurance is building a new corporate campus that will provide employment for approximately 2,500 people.

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  • $71.75 Million Buys Award-Winning Suburban Phoenix Multifamily Asset

    $71.75 Million Buys Award-Winning Suburban Phoenix Multifamily Asset

    CHANDLER, ARIZ., Aug. 14, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Alta San Marcos, a 273-unit suburban phoenix apartment complex in Chandler, Arizona. The property sold for $71.75 million, or $262,821 per unit. The community will be renamed Summit at San Marcos. “This asset is one of just three multifamily

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  • CBRE Welcomes Phoenix Office Leasing Veteran Charles Miscio

    CBRE Welcomes Phoenix Office Leasing Veteran Charles Miscio

    PHOENIX ARIZ. – CBRE announced that Charles Miscio has joined the company as Senior Vice President, Advisory & Transaction Services, in the Phoenix office. He will focus on office leasing, representing institutional owners of office properties throughout metro Phoenix. A 30-year commercial real estate veteran, Miscio returns to CBRE after 12 years with Colliers International, where he

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  • TCC Phoenix Announces Axis Raintree

    TCC Phoenix Announces Axis Raintree

    Office Project to Begin Construction in 2019 Phoenix, AZ– (August 14, 2019) – Trammell Crow Company (TCC) Phoenix has unveiled plans for its newest development, Axis Raintree. The project will include a 175,000-square-foot, three-story, Class A speculative office building with a structured garage. Construction is scheduled to begin in October 2019 and will be completed in 4Q

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  • DAUM Commercial Completes Sale of Office and Airport Hanger Property Totaling 16,900 Square Feet

    DAUM Commercial Completes Sale of Office and Airport Hanger Property Totaling 16,900 Square Feet

    SCOTTSDALE, ARIZ. – DAUM Commercial Real Estate Services has directed the sale of a 16,900 square-foot building, featuring office space and an airport hangar, on 1.4 acres of land in the Scottsdale Airpark submarket of Scottsdale, Arizona, on behalf of both the buyer and the seller.   DAUM’s Executive Vice President and Phoenix Co-Branch Manager Kirk Jenkins represented the

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  • CBRE Arranges Sale of Six Single-Tenant Properties Leased to Freddy’s Frozen Custard and Steakburgers in 60 Days

    CBRE Arranges Sale of Six Single-Tenant Properties Leased to Freddy’s Frozen Custard and Steakburgers in 60 Days

    PHOENIX, ARIZ. – CBRE announced the sale of six single-tenant properties located throughout Arizona, Missouri, Kansas and Texas leased to Freddy’s Frozen Custard and Steakburgers, a fast-casual restaurant franchise with over 300 locations across the U.S. Joe Compagno of CBRE in Phoenix represented Barclay Daisy Mountain, LLC in the $2.8 million sale of a 3,232-square-foot single-tenant retail

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  • Buchanan Street Partners Sells Quattro for $43.5 Million

    Buchanan Street Partners Sells Quattro for $43.5 Million

    Cushman & Wakefield Negotiates Sale to Boston Investor PHOENIX, ARIZ. – Cushman & Wakefield announced that Buchanan Street Partners of Newport Beach, Calif. sold Quattro, a multi-tenant office building located at 4310-4350 E. Cotton Center Blvd. in Phoenix. Boston-based Albany Road Real Estate Partners purchased the property for $43.5 million. Tracy Cartledge, Bob Buckley and Steve

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  • Berkadia Negotiates $13.5M Two-Property Multifamily Sale

    Berkadia Negotiates $13.5M Two-Property Multifamily Sale

    SCOTTSDALE, ARIZ. – August 13, 2019 – Berkadia announced today the sale of Scottsdale 5th Avenue, a 59-unit, garden-style multifamily property in Scottsdale, Arizona as well as Oak Tree, a 76-unit, garden-style community in Phoenix, Arizona. Ric Holway and Mark Forrester, Senior Managing Directors, and Dan Cheyne Senior Director of Berkadia’s Phoenix office led the

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