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  • Orion Investment Represents Buyer in 94-Unit Apartment Purchase

    The ORION Multifamily Group of Orion Investment Real Estate announced the closing of Sun Crest Apartments, a 94-unit, “Class B” apartment project, for $4,450,000 ($47,340 per unit). The buyer is KR Capital, LLC, an experienced Calabasas, California-based Phoenix multifamily ownership group. “Over the past several years the buyer has had positive experiences in this Mesa submarket and Sun

  • Marcus & Millichap Arranges Sale of 6,000 SF Net-Leased Property

    Marcus & Millichap announced the sale of Aaron’s, a 6,000-square foot net-leased property located in Buckeye, AZ, according to Donald D. Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1,685,000. Mark Ruble and Jamie Medress, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property

  • NAI Horizon Announces Recent Transactions

    Sale Transactions: Brad Ranly negotiated the sale of 17.96 acres of land, representing the buyer, Arizona Growth Properties, LLC, for $3,326,421.45. The property is located west of the NWC of Hawes Road and Ray Road in Mesa, AZ. The seller was Gateway Exit, LLC.   Mark Wilcke negotiated the sale of 2.02 acres of land, representing the

  • SRS Real Estate Partners Brings Dollar Tree to St. Mary’s Plaza

    RS Real Estate Partners is pleased to announce that Dollar Tree has leased a 12,080-square-foot space in St. Mary’s Plaza located at the southeast corner of St. Mary’s Road and Silverbell Road in Tucson, Ariz.  The Safeway anchored shopping center includes; Starbucks, Subway and 7-Eleven.  Dollar Tree plans to open October of 2013.  Kurt Kalocin

  • Cassidy Turley Completes 5,000SF Lease at Scottsdale Plaza for Giant Bicycles

    Cassidy Turley negotiated a ±5,000SF lease for Giant Bicycles at Scottsdale Plaza, on the northwest corner of 68th Street and Thomas Road in Scottsdale. Chris Hollenbeck, with Cassidy Turley’s Retail Group, negotiated the lease on behalf of the landlord, Marino Investments. Giant Bicycles started in 1972 with one goal: Create a better cycling experience for

  • Cassidy Turley Completes $13.5 Million Sale of Camelwest Plaza California Investor Purchases Office Property at 19th Ave. and Camelback

      Cassidy Turley sold Camelwest Plaza, a ±174,554-square-foot class B office property featuring two (2) four-story buildings at 1951 and 2001 West Camelback Rd. in Phoenix. 1128 Valencia Associates, LLC (Newport Beach, CA), advised by Apex Commercial Advisory (Brandt McCullough), purchased the property for $13,500,000 ($77.34psf) from Fenway Camelwest, LLC of San Diego. Executive Vice President


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