• Tower Capital Reports Nearly $70 Million in Closings in Past 30 Days

    Tower Capital Reports Nearly $70 Million in Closings in Past 30 Days

    Phoenix, Arizona – It was a stellar month for Tower Capital Organization, an independent structured finance firm based in Phoenix. In the last 30 days alone, the company closed nearly $70 million in loan volume across eight properties in the Southwest.   Tower Capital closed loans across eight properties in Arizona and California. The largest deal

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  • Sundt Adds Marissa Roti to Tempe Office

    Sundt Adds Marissa Roti to Tempe Office

    Phoenix, Arizona – Sundt Construction, Inc. (www.sundt.com) recently hired Marissa Roti as a business development representative in its Industrial Group. “Marissa has over 20 years of directly applicable experience that she brings to her role supporting our Industrial Group,” said Shad Bowman, Sundt’s Business Development Manager for the Industrial Group. “She is a welcome addition

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  • NorthMarq Completes $17,039,000 Refinance of View 32 in Phoenix

    NorthMarq Completes $17,039,000 Refinance of View 32 in Phoenix

    Phoenix, Arizona – Michael Elmore and Ory Schwartz collaborated to arrange the $17,039,000 refinance of View 32, a multifamily property located at 10801 North 32nd Street in Phoenix, Arizona. “NorthMarq was able to put this deal under application as the property was nearing stabilization by getting Freddie Mac comfortable that the subject would be fully

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  • STORE Capital Issues 15-Year AAA Rated Debt

    STORE Capital Issues 15-Year AAA Rated Debt

    Closes $508 Million Securitization Including $326 Million of AAA Rated Debt Scottsdale, Arizona – STORE Capital Corporation (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, announced today that it has issued an aggregate of $508 million of long-term fixed-rate notes designated as STORE Master

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  • NAIOP Arizona Board of Directors Elects New Officers, Board Members for 2020

    NAIOP Arizona Board of Directors Elects New Officers, Board Members for 2020

    Phoenix, Arizona – The Arizona Chapter of NAIOP, the Commercial Real Estate Association, elected officers and board members for 2020 at its November board meeting. The 2020 Executive Committee of NAIOP Arizona is Jim Wentworth Jr.,  Chairman, Wentworth Property Company; Danny Swancey, Vice Chairman, ViaWest Group; Cathy Thuringer, Treasurer, Trammell Crow Company; John Orsak, Programs

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  • Boarder Capital Sells Mountain Vista Plaza to Canadian Investor for $14 Million

    Boarder Capital Sells Mountain Vista Plaza to Canadian Investor for $14 Million

    Phoenix, Arizona – On behalf of an entity formed by Boarder Capital, the capital markets team of Ryan Schubert and Michael Hackett of Cushman & Wakefield successfully closed the sale of Mountain Vista Plaza. MIRAJH LLP of Saskatoon, SK, Canada acquired the 64,071-square-foot (SF) retail center for $14.125 million. Located at the southwest corner of

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  • Allred, Willmeng Launch Northrop Grumman’s New Chandler Campus

    Allred, Willmeng Launch Northrop Grumman’s New Chandler Campus

    Chandler, Arizona – Willmeng Construction Inc., a Phoenix-based commercial general contractor, hosted the ribbon cutting ceremony on Nov. 12, launching the opening of a 633,000-square-foot build-to-suit campus for Northrop Grumman, which will serve as the home for their launch vehicles business. This office and manufacturing facility which supports national defense and aerospace, was developed by the Douglas

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  • Fidelity National Title Promotes Industry Expert Linda Bruce to VP, Commercial Account Manager

    Fidelity National Title Promotes Industry Expert Linda Bruce to VP, Commercial Account Manager

    Phoenix, Arizona – Fidelity National Title Agency is pleased to announce that Linda Bruce has been promoted to Vice President, Commercial Account Manager. Bruce has been a vital member of Fidelity’s commercial services sales team for more than 13 years and has 25 years of experience in sales and marketing with high-level customer service. In

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  • Herbally Yours Purchases Gilbert Industrial Property for Manufacturing Facility

    Herbally Yours Purchases Gilbert Industrial Property for Manufacturing Facility

    Phoenix, Arizona – On behalf of Chandler-based Birchwood Circle Investors, Cushman & Wakefield announced that Gilbert-based Herbally Yours purchased a 23,550-square-foot (sf) industrial property located in Fiesta Ranch Business Park at 1428 W. San Pedro Street in Gilbert, Ariz. for $2.8 million. Pete Klees of Cushman & Wakefield’s Phoenix office represented the seller in the

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  • Lee & Associates Arizona Promotes Eric Stoppa to Associate in Industrial, Aviation and Office Properties

    Lee & Associates Arizona Promotes Eric Stoppa to Associate in Industrial, Aviation and Office Properties

    Phoenix, Arizona –  Lee & Associates Arizona is pleased to announce the promotion of Eric Stoppa to Associate. Eric will be joining Lee Arizona Principal Mark Linsalata in the representation of landlords and tenants, and handling the sales and leasing of industrial, aviation and flex properties in the Metropolitan Phoenix real estate market. A licensed

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