• CBRE Handles Sale of Summerly at Zanjero Apartments for $78.5 Million

    CBRE Handles Sale of Summerly at Zanjero Apartments for $78.5 Million

    CBRE has arranged the sale of the 340-unit Class A multifamily community Summerly at Zanjero on behalf of Fore Property to a private investor for $78.5 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional Properties represented the seller, Fore Property. Located at 7375 N. Zanjero Boulevard in the

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  • First Tenant Announced for Ellis Building Project

    First Tenant Announced for Ellis Building Project

    Phoenix, Arizona – Clear Commercial Advisors will be handling the office and retail leasing for the historic Ellis Building, located at 135 N. 2nd Ave. in downtown Phoenix, which is being developed by Equus Development Corp. Citifarms, an indoor vertical farm focused on growing microgreens and other leafy greens hydroponically in a controlled environment, is

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  • Willmeng Construction Celebrates Able Aerospace Services Facility Expansion

    Willmeng Construction Celebrates Able Aerospace Services Facility Expansion

    MESA, ARIZ. –Willmeng Construction Inc., a Phoenix-based commercial general contractor, recently joined Able Aerospace Services, a Textron Aviation Inc. company, along with partners, dignitaries and community members to officially open a $9 million building expansion at Able’s headquarters facility, located within Phoenix-Mesa Gateway Airport in Mesa, Ariz. Willmeng worked closely with Able to construct the 60,000-square-foot

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  • Commercial Properties Inc., is Announces 24k SF Office Sale

    Commercial Properties Inc., is Announces 24k SF Office Sale

    PHOENIX, ARIZ. Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 1 & 51 West Elliot Road in Tempe, Arizona. Originally built in 1986, the multi-tenant office building is approximately 24,356 square feet and is conveniently situated on 1.96 acres just east of Kyrene Road

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  • Creative Office Redevelopment CASA Nears Completion with Host of Pre-Leases

    Creative Office Redevelopment CASA Nears Completion with Host of Pre-Leases

    George Oliver eyes October delivery for first tenant spaces, spec suites at $17 million renovation PHOENIX, September 12, 2019 – The first phase of creative office space at George Oliver’s $17 million CASA redevelopment in Phoenix is heading toward an October completion with a host of pre-lease commitments in tow. The project, which totals 181,188 square feet

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  • Clear Commercial Advisors to handle retail/office leasing for the Ellis Building in downtown Phoenix

    Clear Commercial Advisors to handle retail/office leasing for the Ellis Building in downtown Phoenix

    PHOENIX, ARIZ. – Clear Commercial Advisors will be handling the office and retail leasing for the historic Ellis Building, located at 135 N. 2nd Ave. in downtown Phoenix, which is being developed by Equus Development Corp. Citifarms, an indoor vertical farm focused on growing microgreens and other leafy greens hydroponically in a controlled environment, is the

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  • Hines to Open Two More Self-storage Facilities

    Hines to Open Two More Self-storage Facilities

    PHOENIX, ARIZ. – Hines, the international real estate firm, announced today it is constructing a new storage facility in Tempe and plans to break ground on another in Litchfield Park, advancing its strategy of offering Class A storage facilities in high-end urban and suburban communities as a residential amenity. “Class A self-storage facilities are desirable

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  • Watermark Tempe Inks Three New Retail Tenants

    Watermark Tempe Inks Three New Retail Tenants

    PHOENIX, ARIZ. – Cushman & Wakefield and Fenix Development, a Los Angeles-based real estate investment and development company, announced today that three additional retail tenants – four concepts – will join Watermark Tempe’s Phase I. The four concepts are DRNK coffee + tea, QWENCH juice bar, Crumbl Cookies, and Sugar Me Wax.    Cushman & Wakefield’s Brent

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  • Camelback Corridor Office Building Trades for $2.65 Million

    Camelback Corridor Office Building Trades for $2.65 Million

    PHOENIX, ARIZ. – CBRE has brokered the sale of an office building located at 2901 E. Camelback Road in the Camelback Corridor of Phoenix. A Toronto, Canada-based limited partnership acquired the 22,172-square-foot property from a company formed by Phoenix-based Ironline Partners, LLC, for $2.65 million. The 2901 building, which was acquired by 2901 E. Camelback II, LLC

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  • CBRE Brokers $9 Million Sale of Safeway Shadow-Anchored Shopping Center

    CBRE Brokers $9 Million Sale of Safeway Shadow-Anchored Shopping Center

    PHOENIX, ARIZ. – CBRE has brokered the sale of the 54,065-square-foot, grocery-anchored Ahwatukee Mercado shopping center in Phoenix’s Ahwatukee Foothills Village district. Los Angeles-based Westwood Financial, LLC acquired the property from TPP 202 Ahwatukee, LLC c/o TriGate Capital, LLC of Dallas for $9 million. Jesse Goldsmith, Steve Julius and Chase Dorsett of CBRE in Phoenix and Philip

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