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  • NorthMarq Arranges $6.45M Mortgage for Sprouts Distribution Facility in Glendale

     James DuMars, senior vice president and managing director of NorthMarq’s Phoenix regional office, arranged acquisition financing of $6.45 million for 5445 W. Missouri Avenue (Missouri/55th Avenue) in Glendale, Arizona.  This asset is a 106,000 sq. ft. office/warehouse building 100% leased to Sprouts.  Financing was based on a 7-year term and a 21-year amortization schedule.  NorthMarq

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  • SmithGroupJJR-Designed Project Certified By ILFI As Largest Net Zero Energy Building In the World

    The new Phoenix Regional Office of DPR Construction, designed by SmithGroupJJR, has been officially certified as a Net Zero Energy Building by the International Living Future Institute (ILFI). It’s the largest building in the world to achieve Net Zero Energy Building Certification through the Institute to-date. SmithGroupJJR designed the comprehensive renovation of the windowless, 1970’s

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  • Forest Highlands With Horses Renowned Hidden Meadow Ranch Near Greer ‘Privatizing’

    Capitalizing on the recovering Arizona real estate market, a top luxury guest ranch in the White Mountains near Greer, Arizona is borrowing a page from Dell Computer’s Michael Dell and going private. Tim and Casey Bolinger, owners of Hidden Meadow Ranch, announced that the property will transition as of August 18th to an exclusive ranch

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  • Jones Lang LaSalle Completes Deer Valley Land Purchase

    Industrial experts in the Phoenix office of Jones Lang LaSalle have completed a 9.4-acre land purchase for The MACK Company. The buyer will soon kick off construction at the site for the development of MACK Pinnacle, a new 169,000-square-foot, Class A industrial development. Located just west of the southwest corner of Pinnacle Peak Road and

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  • Metrocenter Mall Completes Lease with Rainbow Shops

    Leasing activity at Phoenix’s Metrocenter Mall is holding its own in 2013, with more than 55,000 square feet of new leases completed since the start of the New Year and including the most recent major announcement—a 13,327-square-foot lease by Rainbow Shops, one of the fastest growing junior clothing retailers in the U.S.  Based in New York,

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  • GPE Announces 8 Commercial Transactions

    GPE Companies reports the following transactions: Sales Scottsdale, AZ – Franklin & Dawn Boxberge (Trustees) purchased 2,730 SF for $232,500 at Vista Bonita, 8701 East Vista Bonita Drive. Bret Isbell and Russell Fine represented the seller. Phoenix, AZ – Paramount Skyline purchased Skyline Ridge at the Preserve Condominiums for $2,200,000 at 1502 East Dunlap Road. This property

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