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  • CBRE Completes Sale of Kierland One in Scottsdale

    CBRE has completed the sale of Kierland One, a 175,441-square-foot, Class A office building located in the prestigious Scottsdale Airpark Submarket. Barry Gabel, Mindy Korth and Chris Marchildon of CBRE’s Phoenix office represented the seller, Cornerstone Real Estate Advisers LLC, acting on behalf of an institutional investor.  The buyer, Hines, the international real estate firm,

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  • Cassidy Turley Represent Buyer in $7.5 Million Purchase of Baseline Interstate

    Cassidy Turley represented Dalfen America Corp. (dba Mazal TOV Realty, LPL) in the purchase of Baseline Interstate, a ±136,683-square-foot industrial warehouse/office property at 4707 E. Baseline Rd. in Phoenix. The investment company located in Westmount, Quebec, Canada purchased the property for $7,500,000 ($55.02psf) from Holualoa Companies (dba 4707 Baseline Phoenix) of Tucson. Executive Vice President’s

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  • Cassidy Turley Represents The Weitz Company Arizona in Lease

    Cassidy Turley negotiated a 10,500-square-foot lease on behalf of The Weitz Company Arizona at Park One, 2111 E. Highland Ave. in Phoenix. Justin Himelstein and Jason France with Cassidy Turley’s Office Tenant Representation Group negotiated the transaction on behalf of Weitz. Brett Abramson with JLL represented the landlord McCarthy-Cook of Costa Mesa, CA.Himelstein and France

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  • Jones Lang LaSalle Closes $22M Industrial Portfolio Sale in Tempe

    Capital Markets experts in the Phoenix office of Jones Lang LaSalle have completed a $22.1 million sale of Broadway Industrial Portfolio, totalling three Class A buildings and 308,038 square feet in Tempe, Ariz. The deal is JLL’s second investment sale in the area this quarter, accentuating the strength and draw of the submarket’s commercial real estate

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  • NorthMarq Arranges $2.5M Mortgage for Airpark Home Center in Scottsdale

    Shari Stults, vice president of NorthMarq’s Phoenix regional office, arranged first mortgage refinancing of $2.5 million for Airpark Home Center located at 8355 East Butherus Drive in Scottsdale, Arizona.  This asset is a multi-tenant industrial flex building with approximately 50% of showroom/office space and 50% warehouse space.  The major tenant at the site is Hughes

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  • Holualoa Companies Join SkySong Ownership Group; Partnership Purchases Stake in SkySong I and II

    SkySong, The ASU Scottsdale Innovation Center has a new ownership structure after a transaction involving SkySong I and II, a 290,000 square foot, two-building office project located at Scottsdale Road and McDowell Road. A partnership formed by Holualoa Companies, the ASU Foundation for A New American University, and Plaza Companies has purchased the entirety of the ownership in a transaction that closed on

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