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Westmount Realty Capital Acquires Garden-Style Multifamily Community
- Multifamily
- September 24, 2020
Westmount Realty Capital announces the acquisition of Urban Trails at the District, a two-story, garden-style apartment community located at 1620 W Southern Ave. in fast-growing Mesa. The 156-unit multifamily community consists of one- and two-bedroom units averaging 728 square feet and is Westmount’s second multifamily property in Arizona. “Urban Trails at the District is a
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Newmark Knight Frank Completes Sale Shopping Center in Yuma
- Retail
- September 24, 2020
Newmark Knight Frank (NKF) announces the $3.4 million sale of a neighborhood shopping center at 500 West Cataline Drive in Yuma, Arizona. NKF Senior Managing Directors Steve Julius and Jesse Goldsmith and Associate Chase Dorsett represented both the seller, Hawkins-Smith & Jason, LLC, and the buyer, Moreno-Third Street, LLC, in the sale of the 35,157-square-foot,
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COVID-Specific Role Created at Stevens-Leinweber Construction
- Latest News
- September 24, 2020
A growing pipeline of ground-up and tenant improvement business – combined with ongoing COVID-related precautions – has prompted Stevens-Leinweber Construction (SLC) to create a new in-house position focused on quality control and safety. SLC team member Terry Pagano has been promoted from Superintendent to Quality Assurance Manager to assume the new role. “The quality and safety requirements
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Verde at Cooley Station Adds More Restaurants Cementing Its Future as Gilbert’s Restaurant Hub
- Latest News
- September 23, 2020
Developer, SB2-VB, LLC announced this week their Live+Work+Play development, Verde At Cooley Station, will be adding four dining concepts to their modern main street community located at Williams Field and S. Recker Road. Verde at Cooley Station is excited to welcome Crust Simply Italian, Ostrich Bar, Morning Ritual and Cook & Craft to its first wave of openings in late 2021. The dining
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SRS’ National Net Lease Group Announces $50 Million Sale of a Single-Tenant Industrial Property Occupied by Carvana in Tolleson
- Industrial
- September 22, 2020
SRS Real Estate Partners’ National Net Lease Group has announced the off-market $50 million sale of a single-tenant, 190,000-square-foot industrial property occupied by Carvana located at 600 S 94th Ave. in Tolleson, AZ. SRS National Net Lease Group’s Vice President Travis Fidel represented the buyer, Phoenix-based Fundamental Income. Fidel also represented the seller, Carvana, who
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Mountain Pacific Opportunity Partners Announces Groundbreaking for Tempe Residential Project
- Multifamily
- September 18, 2020
Mountain Pacific Opportunity Partners, a Los Angeles-based capital provider for multifamily development with a focus on Opportunity Zones, announces the groundbreaking of Banyan Washington, which broke ground mid-September in Tempe, AZ. In partnership with Banyan Residential, MP acquired 4.39 acres of Opportunity Zone land located at 5321 E. Washington Street in Tempe, AZ and plans to build 222 multifamily
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Executive Updates
