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  • Marcus & Millichap Arranges The Sale of a 126-Room Hospitality Property

    Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Days Inn Phoenix West, a 126-room hospitality property located in Phoenix, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $2.6 million. James I. Meng, a hospitality investment specialist

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  • Pita Pit Signs Lease at Gilbert Gateway Towne Center

    Nov. 5, 2013- SRS Real Estate Partners is pleased to announce they have secured another location for Pita Pit at Vestar’s Gilbert Gateway Towne Center located at the southwest corner of the San Tan Freeway and Power Road in Gilbert, Ariz.  This Target anchored center includes Michael’s, Ross, Petsmart and Sweet Tomatoes. The 1,500-square-foot Pita

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  • De Rito Partners, Inc. Releases Recent Commercial Transactions

    Former Discount Tire sold in Peoria De Rito Partners’ brokers Bruce Milton and Roger Brevoort represented the owner in selling a former Discount Tire to WIT Enterprises, Inc. The deal is for a 6,000-square-foot space just west of the southwest corner of 87th Avenue and Grand Avenue in Peoria, Arizona. Stardust Building Supplies relocating Stardust

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  • CBRE Negotiates $1.5 Million Sale of 25,216-Square-Foot Property in Tucson, Ariz.

    Nov. 4, 2013- CBRE has negotiated the sale of a 25,216-square-foot commercial property located at 222 E. 5th St. in Tucson, Ariz. The building, which sits on a 36,950-square-foot parcel, commanded a sale price of $1.5 million. Buzz Isaacson with CBRE’s Tucson office represented the buyer, Tucson-based Michael R. Wattis, Inc. The seller, 222 Storage

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  • 24th at Camelback II Awarded Leed® Platinum

    • News
    • November 4, 2013

      Nov. 4, 2013- The Phoenix office of Hines announced today that 24th at Camelback II has achieved Platinum certification under the U.S. Green Building Council’s LEEDfor Existing Buildings (EB) Rating System.   The property, owned by Hines and an East Coast pension fund advised by Invesco, is the first LEED EB Platinum, and most efficient,

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  • AV Homes Purchases 105 Acres in Mesa

    Nov. 1, 2013- AV Homes, Inc. (NASDAQ: AVHI) has announced the acquisition of 105 acres in Mesa, Ariz., at the northeast corner of Signal Butte and Williamsfield Road. The property is just east of DMB’s acclaimed master-planned community Eastmark, where AV Homes is already underway with development of a 900-home active adult 55 plus community, slated

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