• Plaza Companies Announces New Executive Council, Promotes Larry Pinalto to President of Company

    Plaza Companies Announces New Executive Council, Promotes Larry Pinalto to President of Company

    Peoria, Ariz. — Plaza Companies has created a new Executive Council to help guide its strategic business vision moving forward. As part of the creation of the council, several Plaza Companies leaders have seen enhancements in their titles and duties, including the promotion of Larry Pinalto to serve as president of the company. Sharon Harper,

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  • South Austin Multifamily Asset Sale Brokered by IPA

    South Austin Multifamily Asset Sale Brokered by IPA

    AUSTIN, TEXAS, – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Estancia Villas, a 312-unit, newly constructed multifamily asset in the 600-acre master-planned community of Estancia Hill Country in Austin, Texas. “Completed in 2018, the property experienced rapid lease-up,” said Will Balthrope, IPA executive managing director. “That is to be expected as household formation in

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  • Iconic Downtown Building is Reenergized

    Iconic Downtown Building is Reenergized

    PHOENIX, ARIZ. —ViaWest Group has kicked off major renovations at 200 EVB, an office building purchased late last year located at 200 E. Van Buren. Upgrades include a complete first floor overhaul with new a lobby, restrooms, conference area;  a second floor collaborative speakeasy environment; renovated fitness center; a third floor full- floor spec suite; and

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  • The ± $40M development Crismon Gateway Village will celebrate Phase II launch

    The ± $40M development Crismon Gateway Village will celebrate Phase II launch

    PHOENIX, ARIZ.– Crismon Gateway Village has been in development for over 3 years.  Director of Leasing & Retail Sales Investments, Mary Nollenberger and Nicole Ridberg – Senior Advisors have been working with her long-time client, Rick Richmond with CCR North LLC to bring this beautiful mixed-use development to life.  This ± $40M development project will include

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  • Berkadia Completes $16 Million Sale of Multifamily  Property

    Berkadia Completes $16 Million Sale of Multifamily Property

    PHOENIX, ARIZ. – Berkadia announced today the $16 million sale of Sonoma Heights, a garden-style multifamily property in Mesa, Arizona. Senior Director Dan Cheyne and Senior Managing Directors Mark Forrester and Ric Holway of Berkadia’s Phoenix office led the sale on behalf of the seller, Scottsdale, Arizona-based ReNue Properties. The buyer was Westgrove Partners, based in

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  • Marcus & Millichap Arranges the Sale of The ViBE on Thomas

    Marcus & Millichap Arranges the Sale of The ViBE on Thomas

    PHOENIX, ARIZ. – 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 The ViBE on Thomas, a 100-unit multihousing community located in Phoenix, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $8,450,000.

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  • High Street Residential and CBRE Global Investors Fund Begin Construction On First Phase on The Fillmore in Downtown Phoenix

    High Street Residential and CBRE Global Investors Fund Begin Construction On First Phase on The Fillmore in Downtown Phoenix

    Phase One Will Deliver 348 Apartments in September 2021 PHOENIX, ARIZ. – High Street Residential, the residential subsidiary of Trammell Crow Company, and its joint venture partner, a fund sponsored by CBRE Global Investors, have commenced construction on the first phase of The Fillmore, a mixed-use multifamily project located in downtown Phoenix. Phase I, which sits on

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  • New York Investor Purchases Holiday Inn Express Los Alamos for $8.8 Million

    New York Investor Purchases Holiday Inn Express Los Alamos for $8.8 Million

    PHOENIX, ARIZ. – Los Alamos Lodging, LLC has sold the Holiday Inn Express at 60 Entrada Dr. in Los Alamos, NM for a price of $8.8 million.  New York-based BPM & Company, Inc. purchased the property to expand its hospitality portfolio. “We were really pleased to help BPM & Company and Los Alamos Lodging in the sale/acquisition

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  • Navaera Worldwide Acquires Old Town Asset for Adaptive Reuse

    Navaera Worldwide Acquires Old Town Asset for Adaptive Reuse

    Old Town Scottsdale Building Sold for $1.628 Million PHOENIX, ARIZ. – Cushman & Wakefield completed the sale of the former Bratzel building, located at 7501 East Osborn Road. The 8,427 square-foot, two-story showroom/warehouse building is in the center of Old Town Scottsdale.  Michael Kitlica of Cushman & Wakefield represented the buyer, Navaera Worldwide, in the $1.628

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  • ViaWest Group Breaks Ground on Spec Industrial Project in Chandler

    ViaWest Group Breaks Ground on Spec Industrial Project in Chandler

    PHOENIX, ARIZ. — ViaWest Group is excited to kick off construction on two spec industrial buildings located at the SWC of Willis Road and Hamilton in the Chandler Airport submarket, totaling 140,372 SF. Ground breaking is scheduled for the week following Labor Day. The two general industrial buildings, 65,892 SF and 74,480 SF, divisible to 16k-35k

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