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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

  • 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,

  • 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

  • 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

  • Alliance Residential Takes Gamble on Land Purchase

    It’s the gamble everyone is talking about — rents topping $2 per square foot, the highest ever seen in Phoenix, in one of the Valley’s newest, most luxurious apartment complexes. Broadstone Camelback, featuring views of the iconic mountain, a two-story fitness center overlooking a pool and a temperature-controlled wine room available to residents, fetches $1,300

  • Fall Forum Cover Story

    Catching the Next Big Wave A vibrant and dynamic economy depends on a multitude of factors, none more important than specialization and division of labor. For Commercial Executive Magazine‘s fourth annual Fall Forum, we have assembled a panel of experts from across the real estate landscape to explicate Arizona’s “Next Big Wave” forward. These industry


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