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  • NorthMarq Capital secures acquisition financing for Greenway Plaza in Phoenix, Ariz.

    John M. Stewart, senior vice president of NorthMarq Capital’s Denver based regional office, arranged $3 million acquisition financing for Greenway Plaza, a three building retail property located at 1849-1855 W. Greenway Plaza in Phoenix, Ariz. Financing was based on a 3-year term and 20-year amortization schedule and was arranged for the borrower by NorthMarq through

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  • Velocity Retail Group Negotiates First Popeye’s Louisiana Kitchen for Phoenix

    Velocity Retail Group, LLC announces that the first newly redesigned prototype for Popeye’s Louisiana Kitchen will be built at the southwest corner of Elliot Road and Priest Drive in Tempe, Arizona.   Dave Cheatham, President, Michael Clark, Vice President and Nick Ault, Associate of Velocity Retail Group represented Popeye’s in the transaction.  The landlord TPP JV

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  • Dollar Tree Opening Another Mesa Location

    SRS Real Estate Partners is pleased to announce that Dollar Tree has leased a 7,840-square-foot space located at the southwest corner of Guadalupe Road and Hawes Road in Mesa, Ariz.  Other tenants in the project include Walmart Neighborhood Market, Anytime Fitness and Compass Bank.  Dollar Tree plans to open summer of 2014. Kurt Kalocin with

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  • Cushman & Wakefield Negotiates CFA Cabinetry’s Relocation To Southwest Phoenix

    CFA Cabinetry, a wholesaler of kitchen and bathroom cabinetry, is nearly doubling its warehouse and distribution space with a relocation to 420 S. 53rd Ave.  Cushman & Wakefield of Arizona, Inc. negotiated a five-year lease relocating CFA to a 63,840-square foot facility.  The company is expanding and relocating on May 1 from its 32,000 SF facility

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  • CBRE Completes Sale Of Historic Desert Oasis

    CBRE has directed the successful sale of the former Castle Hot Springs resort located in Yavapai County, Ariz. In an online auction held on February 27th, an entity composed of Phoenix-area businessmen purchased the historic, desert oasis property for $1.95 million. “The buyer is presently reviewing all options for the future use of the property,”

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  • New Suite Protector Insurance Program Simplifies Renter’s Insurance for Landlords

    An innovative new approach to simplify renter’s insurance for landlords and property managers is now offered by Chicago-based Parr Insurance Brokerage through Burns & Wilcox. Called Suite Protector, the web-based platform provides guaranteed acceptance for tenants in approved communities, quick coverage and instant notification for tracking activity. “Making sure tenants are insured is a time-consuming

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