• Newmark Knight Frank Multifamily Brokers $8.2 Million Value-Add Sale in Phoenix

    Newmark Knight Frank Multifamily Brokers $8.2 Million Value-Add Sale in Phoenix0

    Phoenix, Arizona — Newmark Knight Frank Multifamily announces the $8.2 million sale of Park Thomas East, a 70-unit multifamily community located at 5425 Thomas Road in Phoenix. The property sold for $8,210,000, or approximately $117,286 per unit. Executive Managing Director Brad Goff, Senior Managing Director Brett Polachek and Director Chris Canter represented the seller, Warren

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  • U.S. Net-Lease Investment on Pace for a Record Year in 2019 with Phoenix Among Top Targets

    U.S. Net-Lease Investment on Pace for a Record Year in 2019 with Phoenix Among Top Targets0

    Net-Lease Investment Into Phoenix up 39.2% Year-Over-Year. U.S. Net-Lease Volume in Q3 2019 is Third-Highest Quarterly Total on Record. Phoenix, Arizona – U.S. net-lease investment in 2019 is on pace to surpass last year’s record level, with Phoenix among the leading target markets for investors, according to the latest research from CBRE. Phoenix was among

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  • Regency Specialties to be Anchor Tenant of Auviana Medical Complex

    Regency Specialties to be Anchor Tenant of Auviana Medical Complex0

    Medical Practice Takes More than One-Third of Six-Building Campus Under Construction Phoenix, Arizona– Regency Specialties is led by Dr. Jason Mussman, a plastics and reconstruction surgeon.  Additionally, the practice includes: Dr. Betty Hendricks Davis, a renowned dermatologist and MOHS surgery specialist; Dr. Ben Jones, expert in medical and surgical dermatology; Dr. Brent Shultz, expert in

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  • Wells Fargo Bank Has Sold Mesa Office Property for $4 Million

    Wells Fargo Bank Has Sold Mesa Office Property for $4 Million0

    Phoenix, Arizona – On behalf of Wells Fargo Bank, Eric Wichterman, Mike Coover and Mark McGranahan of Cushman & Wakefield have closed the sale of 305 E. Main Street in Mesa, Ariz. California-based Caliber Companies purchased the property for $4 million. The 50,018-square-foot office property is located at the center of the historical district of

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  • Marcus & Millichap Arranges the Sale of a Net-Leased Walgreens in Phoenix

    Marcus & Millichap Arranges the Sale of a Net-Leased Walgreens in Phoenix0

    Phoenix, Arizona – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Walgreens, a 13,905-square-foot net-leased property located in Phoenix, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $2,075,000. Mark

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  • Layton Construction to Join the STO Building Group

    Layton Construction to Join the STO Building Group0

    Merger will expand both firms’ geographic reach and services NEW YORK/SALT LAKE CITY – The STO Building Group and Layton Construction announced their intent for the nationally-ranked commercial construction firm to join the STO family of companies. The merger will allow both firms to leverage each other’s geographic reach to better serve clients with multiple

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