• GPE Closes Transaction on 64,375 SF Industrial Building in Phoenix

    GPE Commercial Advisors, one of the oldest privately owned commercial real estate firm in Arizona, secured the sale of a 64,375 square foot, 6.95 Acre property at 4039 E. Raymond St. in Phoenix. The property sold for $2.895 million. Built in 1974, the property was most recently occupied by River of Life Church. The new

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  • CBRE Completes $51 Million Sale of Two Premier Class A Office Buildings in Phoenix

    Dec. 23, 2013–CBRE has negotiated the sale of two premier class A office buildings in the Phoenix metro area for a total consideration of $51 million. The sale included the 175,186-square-foot building at 5090 N. 40th St. in Phoenix and the 152,081-square-foot Scottsdale Financial Center III located at 7272 E. Indian School Road in Scottsdale,

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  • CEM-i8-2013

    Big Deals 2013 What a whirlwind year it has been. Following years of economic downturn, 2013 was certainly full of hope and promise. As we embark on this holiday season and look forward to another great year, we at Commercial Executive Magazine would like to express our sincerest gratitude to all of our readers, writers,

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  • Jones Lang LaSalle Expands Retail Brokerage Platform into Phoenix

    Dec. 18, 2013 — Jones Lang LaSalle (JLL) today announced the expansion of its retail platform into Phoenix, with the addition of three brokerage specialists. Tyson Switzenberg will lead the firm’s newly formed Phoenix retail brokerage practice, along with Senior Associate John Reva and Associate Trask Switzenberg. Together they will partner with Craig Killman, JLL’s West

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  • Cushman & Wakefield Names Edward C. Forst as President and CEO

    • News
    • December 16, 2013

    Dec. 16, 2013 – Cushman & Wakefield Inc. announces that Edward C. Forst has been named President and Chief Executive Officer of the company. He will join the firm effective Jan. 6, 2014. Mr. Forst, 53, joins Cushman & Wakefield following his tenure at Goldman, Sachs & Co. as Global Co-Head of the Investment Management Division, as a

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  • SkySong 3 Construction Team To Celebrate “Topping Out” on Thursday

    • News
    • December 16, 2013

    Dec. 16, 2013— SkySong, The ASU Scottsdale Innovation Center will kick off the holiday season on a high note. Literally. Construction of SkySong 3, the third commercial office building at the project, will reach a significant milestone in the next few days as it will be “topped out,” meaning the structural steel in the construction

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  • Cushman & Wakefield Negotiates $17.1 Million Sale of Country Club Estates in Flagstaff

    Dec. 13, 2013– Cushman & Wakefield of Arizona, Inc. has negotiated the $17.1 million sale of Country Club Estates in Flagstaff, AZ. The property, located at 5205 E. Courtland Blvd. and built in 1984, contains 201 units and was 95 percent occupied at the time of the sale. Jackson Square Properties of San Francisco, CA., sold the

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  • Floor & Décor to Open First Location in Tucson, Third in Arizona

    Dec. 12, 2013 – CBRE has negotiated a 58,205-square-foot lease at ABC Retail Center located at 7125 E. Broadway Blvd. in Tucson, Ariz. Floor & Décor, an Atlanta, Ga.-based company and leading specialty retailer in the hard surface flooring market, has leased the building and opened December 12th, marking its first location in Tucson. Nancy

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  • Cushman & Wakefield Completes Sale of Phoenix Office Building

    Dec. 11, 2013–Cushman & Wakefield of Arizona, Inc. completed the sale of the Arcadia Gateway Center, located at 4222 East Thomas Road, Phoenix, Arizona 85018. The four-story, Class A office building was constructed in 1999 and totals 89,835 square feet. The property currently boasts 93 percent occupancy and included the adjacent three-story parking structure. MIG

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  • GPE Commercial Advisors Welcomes Alexandra Loye

    • News
    • December 11, 2013

    Dec. 11, 2013-GPE Commercial Advisors welcomes Alexandra Loye, Senior Vice President as the newest member of our brokerage team. Alexandra brings over 5 years of commercial real estate experience throughout the Metro Phoenix area. She specializes in Seller, Buyer and Tenant representation for medical office, and office users. Alexandra closely tracks the medical office and

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