10th Anniversary Fall Forum Issue

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  • Colony Industrial Sells Palo Verde Industrial

    Colony Industrial Sells Palo Verde Industrial

    Phoenix, Ariz. – STAG Industrial Acquires 129,047 SF Premier Industrial Building On behalf of Dallas-based Colony Industrial, Cushman & Wakefield announced the firm facilitated the sale of Palo Verde Industrial, a 129,047-square-foot building in Tucson, Arizona. Boston-based STAG Industrial, purchased the asset. Executive Managing Director Will Strong led the Cushman & Wakefield Capital Markets team

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  • Sprouts Adding New Mesa Store in Upcoming Nine Store Expansion

    Sprouts Adding New Mesa Store in Upcoming Nine Store Expansion

    Phoenix, Arix. – Sprouts Farmers Market, one of the fastest-growing retailers in the country, today announced nine new stores scheduled to open in the second quarter of 2019. The locations include the healthy grocer’s entry into three new markets: Louisiana, New Jersey and Virginia. Four stores will feature an enhanced layout that caters to the

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  • Phoenix Commercial Advisors Closes Peoria Starbucks Sale for $2.44 Million

    Phoenix Commercial Advisors Closes Peoria Starbucks Sale for $2.44 Million

    Peoria, Ariz.– Phoenix Commercial Advisors closed on a single-tenant Starbucks in Peoria, Ariz. The property, located on 1.61 acres on the east-northeast corner of 83rd Avenue and Thunderbird Road at 8160 W. Thunderbird Road, sold for $2,440,000.  The brand-new, 2,200-square-foot building closed at 97 percent of the asking price and $1,109 per square foot. Chad

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  • NorthMarq Closes Solstice at Arcadia Apartments for $26.6 Million

    NorthMarq Closes Solstice at Arcadia Apartments for $26.6 Million

    Phoenix, Ariz. – Solstice at Arcadia Apartments, located at 5401 East Thomas Road in Phoenix, sold this month for $26,600,000.  The NorthMarq Multifamily team of Bill Hahn, Trevor Koskovich, and Jesse Hudson represented both the seller and the buyer in this transaction. Tides at East Arcadia Owner, LLC, an entity form by Tides Equities, of

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  • CBRE Arranges Sale of 488-Unit Luxury Apartment Complex in Ahwatukee Foothills

    CBRE Arranges Sale of 488-Unit Luxury Apartment Complex in Ahwatukee Foothills

    Phoenix, Ariz. – CBRE brokered the sale of San Melia, a 488-unit luxury multifamily community, located at 14435 S. 48th St. in Phoenix. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE Multifamily Institutional Properties in Phoenix represented the institutional seller, ChrisKen Group out of Chicago. Renovated in 2017, the Mark Taylor-built property

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  • Hines Announces Grand Opening of the Tallest Multi-Tenant Office Building in Chandler

    Hines Announces Grand Opening of the Tallest Multi-Tenant Office Building in Chandler

    Phoenix, Ariz. – Hines, the international real estate firm, will celebrate the official grand opening of the Offices at Chandler Viridian on January 15, 2019 at 11 a.m. The ceremony will include Chris Anderson, Hines managing director; City of Chandler representatives and executives representing tenants. The Offices at Chandler Viridian is a six-story, Class A

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