• McDowell Professional Plaza Sells for $3.1M

    McDowell Professional Plaza Sells for $3.1M0

    Menlo Group Commercial Real Estate has announced the sale of the McDowell Professional Plaza. The 28,834 sq. ft., multi-tenant medical and office building sold for $3.1 million. The McDowell Professional Plaza is located at 1301 E. McDowell Rd. in Phoenix, immediately adjacent to Banner-University Medical Center, the largest hospital in Arizona. The property is also

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  • Ogletree Deakins is Latest Law Firm to Renew, Remain at Camelback Esplanade

    Ogletree Deakins is Latest Law Firm to Renew, Remain at Camelback Esplanade0

    Leading labor and employment law firm Ogletree Deakins has renewed and expanded its regional office footprint at the Esplanade III, making it the second law firm that JLL has renewed within the past 12 months at the Camelback Esplanade, a landmark mixed-use office development located in the heart of Phoenix’s Camelback Corridor. Managing Director John Pierson, Vice

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  • JLL completes $30.3M sale of single tenant office building in Sioux Falls

    JLL completes $30.3M sale of single tenant office building in Sioux Falls0

    Occupied by Sanford Health, South Dakota’s largest employer JLL Capital Markets announced today that it has closed the $30.3 million sale of Sanford Health’s Corporate Administration Facility, a 158,000-square-foot, two-building office property in Sioux Falls, South Dakota.  JLL marketed the property on behalf of the seller. The property was completed in two phases in 1999

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  • Marcus & Millichap Arranges the Sale of a 9,735-SF Office in Phoenix

    Marcus & Millichap Arranges the Sale of a 9,735-SF Office in Phoenix0

    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 a 9,735-square foot office property located at 15830 North 35th Avenue in Phoenix, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $2,825,000. McAlister Cleary

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  • 4th Quarter Office Space Net Absorption Topped 1 Million Square Feet

    4th Quarter Office Space Net Absorption Topped 1 Million Square Feet0

    2019 Brought 3.4 Million Square Feet of New Office Space to Inventory PHOENIX, Arizona – The Greater Phoenix office market experienced its best year since 2008, posting very strong net absorption and adding more than 3.4 million square feet of new space to the inventory.  The metropolitan area has been recognized with three of the

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  • CBRE Handles $3.45 Million Sale of Net-Leased Office Property in Tucson, Ariz.

    CBRE Handles $3.45 Million Sale of Net-Leased Office Property in Tucson, Ariz.0

    TUCSON, Arizona –  CBRE has brokered the sale of a 15,484-square-foot office building in Tucson, Ariz. to an unnamed buyer for $3.45 million or $223 per square foot. The property is 100 percent leased to Intermountain Centers, the largest non-profit organization in Southern Arizona, on a new 15-year triple-net lease. CBRE’s Bryce Horner represented the

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