• Barry Gabel of CBRE Wins 2013 Broker of the Year Award

    • News
    • September 13, 2013

    Arizona commercial real estate professionals and other members of the business community packed the Ritz Carlton ballroom on September 12 to attend Commercial Executive Magazine’s (CEM) 4th Annual Fall Forum. Over 500 guests attended the event, which included an awards segment and two-hour panel discussion with some of Arizona’s top real estate professionals. Following an

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  • Twin Arrows Navajo Casino Resort Receives Voluntary Protection Program Star Certification

    • News
    • September 13, 2013

    The Navajo Nation Gaming Enterprise, announced that phase one of its Twin Arrows Navajo Casino Resort, located along I-40, exit 219, just east of Flagstaff, Ariz. is the first construction project on the Navajo Nation to be awarded the prestigious Voluntary Protection Program (VPP) Star Certification for safety excellence in the workplace. The VVP-Star is

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  • Curtis Chickerneo Joins Cushman & Wakefield

    • News
    • September 13, 2013

    Curtis Chickerneo has been named Associate in the Office Properties Division of Cushman & Wakefield of Arizona, Inc. Chickerneo will work with Michael Crystal on behalf of tenants and landlords throughout Metro Phoenix.  Chickerneo was introduced to Cushman & Wakefield as a research department intern earlier this year.  Since joining the company he has expanded

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  • Sperry Van Ness Completes $1.35 Million Condo Sale

    Justin Horwitz, Nicole Ridberg and Neil Sherman of Sperry Van Ness, LLC represented the seller, Pacific Western Bank, in the sale of the Offices at Reems, a 16-unit office condo portfolio located in Surprise, AZ. The bank owned shell and built-out condo units sold for $1,350,000 or $56.00 per square foot and closed on August

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  • Velocity Retail Represents Krispy Kreme Franchisee in Chandler Building Purchase

    Krispy Kreme Doughnuts franchisee Hot Glazed Enchantment, Inc. of New Mexico purchased the former Washington Mutual Bank building at the  southwest corner of Chandler Blvd and Alma School Rd in Chandler, AZ. The transaction closed escrow on August 26, 2013 with Andy Kroot of Velocity Retail Group, LLC representing the Buyer and SRS Real Estate Partners representing the Seller – Grossman/Robson

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  • Cushman & Wakefield Completes $15 Million Sale of Versante Apartments

      Cushman & Wakefield of Arizona, Inc. has completed the $15 million sale of the Versante Apartments, located at 1330 W. Broadway Rd. in Tempe. The apartment building was constructed in 1971 and contains 240 apartment units totaling 184,752 square feet.  The property currently boasts 94 percent occupancy.  Gelt, Inc., of Tarzana, Calif., purchased the

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  • Cole Sends Management Team to Speak at Top Industry Events

    • News
    • September 10, 2013

    Cole Real Estate Investments, Inc., a market-leading net lease REIT, announced that members of the Phoenix-based company’s management team are on the East Coast to speak at two prominent net lease industry conferences in New York City, as well as to meet with key investors and media outlets. On Monday, Cole’s management team was in Boston

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  • Marcus & Millichap Negotiate $1.2 Million Apartment Sale

      Marcus & Millichap Real Estate Investment Services has announced the sale of Campbell Apartments, a 24-unit apartment community located in the prestigious Biltmore area in Phoenix, Arizona, for $1.2 million or $50 thousand a unit. Brian Tranetzki and Rich Butler, multifamily investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing assignment

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  • CBRE Negotiates $1 Million Apartment Sale

      CBRE has negotiated the following multi-family sales transaction. ALDA 2011, LLC of Paradise Valley, Ariz., has purchased Pierson Place Apartments, a 28-unit multi-family property located at 365 W. Pierson St. in Phoenix. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented the buyer and the seller, LSREF2 APEX (AZ) LLC of Dallas, Texas, in

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  • Goodwill Signs Three Leases in Phoenix Metro With Help of Velocity Retail

    Goodwill of Central Arizona has signed three new leases in the Phoenix metro area. Andy Kroot, Principal at Velocity Retail, has represented Goodwill for 10 years as the company has seen considerable store growth. The three leased properties are located in Goodyear, Buckeye and Maricopa. The Goodyear location is a 30,256 square foot store and will

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