• Merit Partners Affiliate Acquires 83 Acres in Phoenix to Develop New 900,000 SF Merit Sky Harbor Industrial Park

    Merit Partners Affiliate Acquires 83 Acres in Phoenix to Develop New 900,000 SF Merit Sky Harbor Industrial Park0

    Cushman & Wakefield Brokers Off-Market Sale, Retained for Leasing of New Project Cushman & Wakefield announced today the firm has brokered the sale of approximately 83 acres of land in Phoenix, Arizona. The property was acquired by an entity formed by Phoenix-based Merit Partners, which plans to construct a brand new approximately 900,000-square-foot, seven-building Class

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  • Net Leased Retail/Auto Asset in Phoenix Suburb Sells for $2.1M

    Net Leased Retail/Auto Asset in Phoenix Suburb Sells for $2.1M0

    Cushman & Wakefield announced today the firm has represented Phoenix-based CASC Investments, LLC in the sale of a freestanding 4,139-square-foot automotive building in Cave Creek (Phoenix), Arizona for approximately $2.1 million. The buyer was the Chappelle Family from the San Francisco East Bay Area. Cushman & Wakefield’s Chris Hollenbeck and Shane Carter of the firm’s

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  • Sundt Completes Canopy by Hilton Tempe

    Sundt Completes Canopy by Hilton Tempe0

    Sundt Construction, Inc. recently completed construction on the now open Canopy by Hilton Tempe Downtown on East University Drive. “Our team has gone above and beyond completing this hotel,” said Chandra Reilly, Sundt’s project executive. “They have used innovative solutions on a tight urban site near a fully occupied campus and mixed-use developments. The hotel is

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  • Evergreen Devco Acquires 164,000-Square-Foot Chandler Pavilions Retail Center

    Evergreen Devco Acquires 164,000-Square-Foot Chandler Pavilions Retail Center0

    Experienced developer boldly closes on retail value-add acquisition during COVID Evergreen Devco, Inc., a leading retail and multifamily development company in the western U.S., announced today that it has acquired Chandler Pavilions, a 163,594 square-foot high traffic retail center in Chandler, Arizona. The value-add retail site, located at 800-890 North 54th Street, is leased to a

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  • Newmark Knight Frank Completes $5.778 Million Sale of Retail Center – Crossroads at Deer Valley Plaza

    Newmark Knight Frank Completes $5.778 Million Sale of Retail Center – Crossroads at Deer Valley Plaza0

    Newmark Knight Frank (NKF) announces the $5.778 million sale of Crossroads at Deer Valley Plaza at 1838 West Bell Road in Phoenix, Arizona. NKF Senior Managing Directors Jesse Goldsmith and Steve Julius and Associate Chase Dorsett represented the seller, an investment group led by Jeff Geyser, in the sale of the 17,043-square-foot retail center to

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  • The Human Bean Expanding Its Presence in Arizona

    The Human Bean Expanding Its Presence in Arizona0

    Drive-Thru Centric Restaurant Thrives During Pandemic Crisis The Human Bean, an Oregon-based franchise coffee restaurant company, is expanding its footprint in Arizona.  Local franchisee Brian Sherrill is in partnership with three family members and they currently own three Valley restaurants with three more in Arizona opening within the next 18 months.  “As restaurants struggle during

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