• ARA Announces $103M Sale of The Hub on Campus In Tempe

    Apartment Realty Advisors National Student Housing Group (ARA Student Housing) in conjunction with ARA’s Arizona office announces the sale of Hub on Campus in Tempe, AZ. Built in 2013, Hub on Campus is a 19-story, 269-unit/637-bed newly developed core student housing property located adjacent to the Arizona State University. The asset consists of 410,416 gross square feet, including 241,097

  • ZELL Commercial Real Estate Services Announces Recent Transactions

    ZELL announced the following retail lease transactions August 15, 2013:   DS NUTRITION SIGNS LEASE AT SHEA 70 PLAZA IN SCOTTSDALE, AZ DS Nutrition, offering nutritional supplements, protein shakes and bars, has signed a lease for 1,300 square feet in the Shea 70 Plaza Shopping Center located at 6969 East Shea Boulevard in Scottsdale, Arizona.

  • Colliers International Names Scott D. German Vice President of Scottsdale Office

    Colliers International Greater Phoenix has named Scott D. German vice president of office properties for its Scottsdale office. German is leasing and selling Scottsdale office buildings, and providing consultation on development and land acquisition for clients. During his 28 years in the Greater Phoenix commercial real estate industry, German has completed more than 2,000 lease

  • Lawrence Pobuda Joins Transwestern Phoenix Team

    Lawrence (Larry) Pobuda has joined Transwestern’s Phoenix office, increasing its role in the leasing and sales of office buildings and providing in-depth expertise in development and investment. As Senior Vice President, Pobuda serves institutional, corporate and private owners, as well as corporate users. “It is exciting to make strategic expansions in our range of services

  • Location of Oregano’s in Tempe Sold to S.T.O.R.E Capital for $2.437M

    Announcing the $2,437,500 sale of real estate leased to Oregano’s Pizza Bistro in Tempe, Arizona. The 3,860 square foot freestanding restaurant building has been occupied since the mid 1997 by Oregano’s.  The original building was constructed in the 1950’s.  The property address is 523 W. University Drive, Tempe. Wetta Ventures (David Wetta and Paul Salinas)

  • Transwestern Announces Four Lease Transactions

    In a series of transactions that reflects the continuing recovery of the Phoenix office market, Transwestern brokered four long-term leases throughout the region, highlighted by a more than 52,000-square-foot renewal and expansion for Health Choice Arizona Inc. in Three Gateway, located at 410 North 44th St. in Phoenix. Health Choice Arizona, one of the state’s leading

  • Will Strong Joins Cassidy Turley as Vice President of Industrial Group

    Cassidy Turley announced Will Strong has joined the firm’s Arizona office as a Vice President in the Industrial Group. Strong will be combining his brokerage practice with one of the companies top producing Industrial teams, Mike Haenel and Andy Markham, SIOR. The new team will focus on all aspects of Industrial brokerage services including development, project leasing

  • Jimmy John’s Leases Three New Spaces

    SRS Real Estate Partners has leased three new spaces for Jimmy John’s Gourmet Sandwiches.  The first location is a 1,896-square-foot space at Fountain Square Plaza located at the northwest corner of Bell Road and 7th Street in Phoenix, Ariz.  This Safeway anchored center includes Planet Fitness, McDonald’s and Payless Shoes. The second location is a

  • NorthMarq Arranges $6.45M Mortgage for Sprouts Distribution Facility in Glendale

     James DuMars, senior vice president and managing director of NorthMarq’s Phoenix regional office, arranged acquisition financing of $6.45 million for 5445 W. Missouri Avenue (Missouri/55th Avenue) in Glendale, Arizona.  This asset is a 106,000 sq. ft. office/warehouse building 100% leased to Sprouts.  Financing was based on a 7-year term and a 21-year amortization schedule.  NorthMarq

  • SmithGroupJJR-Designed Project Certified By ILFI As Largest Net Zero Energy Building In the World

    The new Phoenix Regional Office of DPR Construction, designed by SmithGroupJJR, has been officially certified as a Net Zero Energy Building by the International Living Future Institute (ILFI). It’s the largest building in the world to achieve Net Zero Energy Building Certification through the Institute to-date. SmithGroupJJR designed the comprehensive renovation of the windowless, 1970’s


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