• SRS Secures Lease for Edible Arrangements

    SRS Real Estate Partners announced that Edible Arrangements has leased a 1,266-square-foot space located at the northwest corner of Greenway Road and Tatum Boulevard in Phoenix, Ariz.  Other tenants in the center include:  Modern Grove and Firehouse subs.  Edible Arrangements plans to open in the next few months. Chuck Gibson with SRS Real Estate Partners

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  • Vestis Completes Sale of 50 Single Family Home Portfolio

    Vestis Group is pleased to announce that brokers Victoria Miachika, Natan Jacobs and Les Litwin have completed the sale of fifty single family homes (50 Single Family Home Portfolio) in Phoenix for $4.4 million or $88,000 per unit. The buyer, AHF American Homes Fund (USA), LP, an Arizona limited partnership, purchased the Phoenix Single Family

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  • Will Barnard Joins Lee & Associates’ Braun Apartment Group

    Lee & Associates Arizona is pleased to announce the hiring of Will Barnard to the company. He will be reporting to Todd Braun, Principal and head of the Braun Apartment Group and will focus on apartment and land sales in the Phoenix area. Prior to joining Lee & Associates, Will worked at Alliance Residential where he was responsible for

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  • Verrado’s Retail on Main Street Reaches 100% Occupancy

    Husband and wife team Steve and Karen Maynard are fulfilling a  lifelong dream of owning and operating their own restaurant, Tempo Urban Bistro and Coffee in the community they’ve called home for the past seven years. Originally from upstate New York, the Maynard’s new space in the heart of Verrado’s Main Street will feature both

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  • CBRE Awarded Marketing & Leasing Assignment for Innovation Park

    CBRE has been awarded the marketing and leasing assignment for Innovation Park in Tucson, Ariz. The 535-acre, master-planned business park in sits in the heart of Tucson’s bio-science region in Oro Valley, Ariz. A collaborative team of brokerage professionals with CBRE’s Tucson office will handle the marketing and leasing of the property for owner/developer, Venture

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  • CBRE Completes $20.55 Million Sale of Fountain Hills Plaza in Fountain Hills, Ariz.

      CBRE has completed the sale of Fountain Hills Plaza in Fountain Hills, Ariz. The 111,289-square-foot grocer and hardware store anchored retail center commanded a sale price of $20.55 million. Glenn Smigiel, Bob Young, Steve Brabant and Rick Abraham of CBRE’s Phoenix office represented the seller, J & R Holdings XX LLC, an entity formed

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  • Velocity Retail Announces September Transactions

    Velocity Retail Group, LLC completed eight transactions in August.  A summary of each transaction follows: Michael Clark and Dave Cheatham of Velocity Retail Group represented the landlord, Accelerated Development Services and Wadsworth Development in a 20 year ground lease of 1.73 acres located at the southwest corner of Gilbert and Germann in Chandler, Ariz. The

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  • CBRE Completes Sale of Palm Valley Pavilions East in Goodyear, Ariz.

    CBRE has completed the sale of Palm Valley Pavilions East in Goodyear, Ariz. The 35,199-square-foot retail center commanded a sale price of $4.8 million. Andrew Fosberg, Steve Fernandez and Joseph Compagno of CBRE’s Phoenix office represented the seller, MEI Properties LLC of Buena Park, Calif. The international buyer, Toronto, Ontario-based Claxton Real Estate LP 1,

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  • Community Leader Brad Wright Partners to Create Specialized Development Firm

    Local attorney, real estate executive and community leader Bradley Wright has joined Nations Group as a principal to form Nations Wright, LLC.  Nations Group was founded by Chris Nations as Nations Consulting Group in 2007.  The new real estate development company will continue to specialize in project management and owners representation across many market segments both in

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  • Marcus & Millichap Arranges $9.6 Million Sale

    Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Denaro 101 Plaza, a 33,186-square foot retail property located in Glendale, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $9.6 million. Mark Ruble and Jamie Medress, investment

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