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  • Capital Asset Management Organizes Sale of Office Project

    Restart Western Skies L.P. in Kentfield, Calif. (Lee Sims, Jr., Kent Rowett, principals) paid $6.275 million ($90.17 per foot) to purchase a 69,593-square-foot office project at 1166, 1176 and 1206 E. Warner Road in Gilbert. The seller was WSBC LLC in Phoenix (Carl Bommarito, managing member). The cash sale was negotiated by Rachelle Smith Strole and Stephen Herman of Capital Asset Management in Phoenix. The

  • Cushman & Wakefield Announces $14.8 Million Sale of Midtown Phoenix Office Building

    Cushman & Wakefield of Arizona, Inc. has completed the $14.8 million sale of the Midtown Phoenix Bank of America Tower at 3030 N. Central Ave. The tower contains approximately 189,000 square feet of office space situated on .86 acres.  In addition, the transaction included a four-story parking garage situated on a .75-acre parcel.  Anchor tenants

  • CBRE Multi-Housing Private Capital Group Negotiates Sale of Arimont Apartments

    Clear Sky Capital Arimont LLC of Phoenix, Ariz., has purchased Arimont Apartments, a 21-unit multifamily property located at 1102 E. Maryland Ave. in Phoenix, Ariz.  Brian Smuckler and Jeff Seaman of CBRE’s Multi-Housing Private Capital Group in Phoenix represented the buyer and the seller, The Eugenijus Valiulis Revocable Trust of Ojai, Calif., and negotiated the

  • Colliers International Completes Two Apartment Sales Worth $18 Million

    Colliers International in Greater Phoenix recently completed the sales of the 220-unit Paradise Falls and 288-unit Canyon Place apartment complexes for a combined total of $18 million to different buyers. Weidner Investment Group of Kirkland, Wash., acquired Paradise Falls, located at 15434 N. 32nd St. in Phoenix, for $10.4 million, or $47,272 per unit. The

  • New Redesign by Goodwill Store to Open in Gilbert With Help From Velocity Retail

    Andy Kroot with Velocity Retail Group, LLC announces that Goodwill of Central Arizona has signed a new lease in the San Tan Village Furniture Shopping Center – located just West of the of Loop 202 and SanTan Village Parkway in Gilbert, Ariz. This is now the third Redesign by Goodwill store in the greater Phoenix area where shoppers will

  • 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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