• The Human Bean Expanding Its Presence in Arizona

    The Human Bean Expanding Its Presence in Arizona

    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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  • Phoenix Commercial Advisors sells Phoenix Goodwill off I-17

    Phoenix Commercial Advisors sells Phoenix Goodwill off I-17

    Single-tenant Goodwill closes at $4,495,000 Phoenix Commercial Advisors facilitated the sale of a single-tenant Goodwill. The property, located on 2.06 acres on the northwest corner of Interstate 17 and Dunlap Avenue at 9060 N. 29th Avenue, Phoenix, sold for $4,495,000. The 25,000-square-foot building, part of a dynamic mixed-use project, closed at $180 per square foot. John Schweikert

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  • Vestis Group Negotiates Retail Lease For Deportes America Soccer Shop In Midtown Phoenix

    Vestis Group Negotiates Retail Lease For Deportes America Soccer Shop In Midtown Phoenix

    Vestis Group negotiated a 2,575 SF retail lease for Deportes America Soccer Shop, in Midtown Phoenix’s 16th Street Corridor, at 2016 N 16th Street, Phoenix, AZ 85006. Vestis Group, a commercial brokerage and investment firm, is pleased to announce the completed lease for Deportes America Soccer Shop, in Midtown Phoenix’s 16th Street Corridor, at 2016

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  • Phoenix Commercial Advisors Facilitates Sale of Tempe Starbucks

    Phoenix Commercial Advisors Facilitates Sale of Tempe Starbucks

    Drive-thru Starbucks closes at $2,659,500 Phoenix Commercial Advisors facilitated the sale of a single-tenant Starbucks. The property, located on 0.83 acres on the northwest corner of Kyrene and Baseline roads at 660 W. Baseline Road, Tempe, Ariz., sold for $2,659,500. The brand-new, 2,400-square-foot building with drive-thru closed at $1,108 per square foot. Steven Underwood and

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  • Ryan Companies Names Alisa Timm Vice President of Management

    Ryan Companies Names Alisa Timm Vice President of Management

    Timm to Lead Management Sector for Western Region Alisa Timm, CPM, has been named Vice President of Management for Ryan Companies Southwest region. Timm previously served as Director of Real Estate Management since joining the company in 2017. Almost three years ago, Timm joined Ryan Companies after serving as Regional Director of Management at Lincoln

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  • Cushman & Wakefield Sells Multiple Dutch Bros Coffee Net Leased Investment Properties in Arizona and Colorado

    Cushman & Wakefield Sells Multiple Dutch Bros Coffee Net Leased Investment Properties in Arizona and Colorado

    Cushman & Wakefield announced today the firm has brokered the sales of three newly constructed freestanding drive-thru retail buildings fully leased to Dutch Bros Coffee in Arizona (2) and Colorado (1) for a total combined value of $5.65 million. Chris Hollenbeck and Shane Carter with Cushman & Wakefield’s Phoenix office led the sales efforts for

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  • Arizona Chapter of NAIOP Opposes the Invest in Education Act

    Arizona Chapter of NAIOP Opposes the Invest in Education Act

    The Arizona Chapter of NAIOP, the commercial real estate development association, announced today that it will oppose the “Invest in Education Act,” which may appear on the November 2020 ballot, due to its negative impact on small businesses that file taxes under the individual income tax code. The initiative would put a heavy burden on small

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  • Epoch Residential Sells 292-Unit Apartment Community in Phoenix to Knightvest Capital

    Epoch Residential Sells 292-Unit Apartment Community in Phoenix to Knightvest Capital

    JLL Capital Markets announced today that it has completed the sale and financing of Capital Place apartments located at 11 S. 12th St. in Phoenix, Arizona.  JLL arranged the sale from Epoch Residential to Knightvest Capital. JLL also worked on behalf of Knightvest Capital to secure the acquisition financing through Freddie Mac. The loan will be

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  • VT LandGroup Launches For Land Acquisition Nationwide

    VT LandGroup Launches For Land Acquisition Nationwide

    Van Tuyl  Companies has launched VT LandGroup, an entity dedicated to land acquisition initiatives. The company will operate in unison with its sister company VanTrust Real Estate to seek and acquire land nationwide in various stages, from raw land to fully entitled/developed land, over a full spectrum of uses. “Current market conditions have accelerated opportunities to

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  • PCCP, LLC Provides $39.4 Million Senior Loan for Development of a 352-Unit Apartment Community in Glendale

    PCCP, LLC Provides $39.4 Million Senior Loan for Development of a 352-Unit Apartment Community in Glendale

    PCCP, LLC announced today that it has provided a $39.4 million senior loan to IDM Companies for the ground-up development of Acero Glendale, a Class A garden-style multifamily community located at the northwest corner of 95th Avenue and Missouri Avenue in Glendale, AZ (the West Valley of Phoenix). The project will total 352 units across

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