• Multifamily Advisor Sells Complex for $1.35M in South Phoenix

    Multifamily Advisor Sells Complex for $1.35M in South Phoenix

    PHOENIX, ARIZ.  –  SVN Desert Commercial Advisors has been providing a full brokerage services to SVN clients throughout the entire year and Danny Lee once again sells another multifamily complex in the valley.  It was a cash transaction. Vice President Investment Advisor and partner, Danny Lee has sold the property located at 717 E. Roeser

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  • Taylor Morrison Opens Two New Home Collections in the San Tan Valley

    Taylor Morrison Opens Two New Home Collections in the San Tan Valley

    PHOENIX, ARIZ.  —  Affordable new homes are coming to the San Tan Valley. Taylor Morrison, a leading national homebuilder and developer, is releasing two new collection of homes, The Discovery and The Encore Collection, at San Tan Ridge on Saturday, Oct. 27, from 10 a.m. to 6 p.m., with new homes priced from the low $200,000s.

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  • Retail Team Joins Kidder Mathews’ Phoenix Office

    Retail Team Joins Kidder Mathews’ Phoenix Office

    Phoenix, Ariz. – Retail brokerage team, Chuck Wells, Trask Switzenberg, Darrell DeShaw, and Justin DiBiase, have joined Kidder Mathews’ Phoenix office. Prior to Kidder Mathews, the team was with Advisors Commercial Real Estate in Phoenix. Wells is a 30-year industry veteran and is recognized as one of Arizona’s leading tenant representation brokers. He specializes in restaurants and hospitality and has represented

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  • The Watermark | Tempe Signs Three Retail Tenants

    The Watermark | Tempe Signs Three Retail Tenants

    PHOENIX, ARIZ.  –  Cushman & Wakefield and Fenix Development, a Los Angeles-based real estate investment and development company, announced today that three retail tenants will join The Watermark | Tempe’s Phase I. The three tenants include Obon Sushi + Bar + Ramen, V’s Barbershop, and Dip Nail Bar. Cushman & Wakefield’s Brent Mallonee is exclusively marketing

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  • Ownership Group Completes $28M Purchase of Additional 21 Acres at Park Central and Announces Ambitious Phase II

    Ownership Group Completes $28M Purchase of Additional 21 Acres at Park Central and Announces Ambitious Phase II

    $28 Million Transaction Closes Wednesday; Plans Underway for Major New Residential Project Along With Creighton Health Campus, Expanded Office/Retail Redevelopment PHOENIX, ARIZ.  – The ownership group that is redeveloping the Park Central Mall property has purchased an additional 21 acres of property and an additional 193,000-SF building, consolidating ownership of Park Central for the first time in decades. And, as part of the

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  • CBRE Completes $3M+ Sale of Thunderbird Square in Sun City, Ariz.

    CBRE Completes $3M+ Sale of Thunderbird Square in Sun City, Ariz.

    PHOENIX, ARIZ.  –  CBRE has completed the sale of Thunderbird Square, a multi-tenant retail center located at the southwest corner of Thunderbird Road and 99th Avenue in Sun City, Ariz. The 21,627 square-foot retail property is 96.2 percent leased to a complementary collection of national and local tenants, including Family Dollar, Edward Jones, Margetis Dentistry,

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  • CBRE Brokers Sale of Tempe Multifamily Community for $17.96 Million in Off-market Transaction

    CBRE Brokers Sale of Tempe Multifamily Community for $17.96 Million in Off-market Transaction

    Phoenix, Ariz. – CBRE has completed the sale of Riviera Village, a 162-unit multifamily community located at 1532 S. Price Road in Tempe, Ariz. Austin-based PBIV – 1532 South Price Road, LP, acquired the property from Riviera Partners, LLC of Scottsdale, Ariz. for $17.96 million in an off-market transaction. The property was 72 percent occupied

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  • Integrity Capital LLC Secures $8.2 Million Loan for Chandler Shopping Center

    Integrity Capital LLC Secures $8.2 Million Loan for Chandler Shopping Center

    Phoenix, Ariz. – Integrity Capital LLC. announced today that it structured a $8.2 million loan with Arizona Central Credit Union for the owners of Monterey Vista Village Shopping Center in Chandler. The team at Integrity Capital LLC., led by David Kotter and Tom Hartje, structured the five-year conventional refinance loan at an attractive interest rate.

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  • Major National Coworking Company to Enter Phoenix Market  With 30,000+ SF Space at Camelback Collective

    Major National Coworking Company to Enter Phoenix Market With 30,000+ SF Space at Camelback Collective

    Serendipity Labs Opens First Phoenix Location at State-of-the-Art Development Project  Phoenix, Ariz. — It’s the first foray into the Phoenix marketplace for a major national coworking company, and it’s opening its doors at one of the city’s most desirable addresses. Serendipity Labs, a leading coworking provider of coworking opportunities, private offices, meeting rooms and other workspace

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  • CBRE Completes $15.75 Million Sale of Peoria Apartment Community

    CBRE Completes $15.75 Million Sale of Peoria Apartment Community

    Phoenix, Ariz. – CBRE has completed the sale of Lake Pleasant Village, a 152-unit apartment community located at 20702 N. Lake Pleasant Road in Peoria, Arizona. Scottsdale, Ariz.-based ReNUE Properties, a local investor who obtained new financing, purchased the property for $15.75 million from Investment Builders, Inc. Brian Smuckler and Jeff Seaman with CBRE Phoenix

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