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Latest News

  • Commercial Executive Magazine’s 2013 Broker of the Year: Barry Gabel

    • News
    • November 27, 2013

    Nov. 27, 2013- The distinction of CEM Broker of the Year is especially satisfying to Gabel because it represents a vote of his peers and undoubtedly reflects the fundamental tenets of how he conducts business: “Work hard, persevere, be honest, be yourself, do what’s right, treat people with respect and dignity, and great things will happen!” ||  When asked about the source

  • CBRE Negotiates Sale of Missouri Falls Office Building

    Nov. 26, 2013- CBRE has negotiated the sale of the Missouri Falls building located at 645 E. Missouri Ave. in Phoenix, Ariz. The 187,648-square-foot, class A office building commanded a sale price of $13.89 million in the transaction. Bob Young, Glenn Smigiel, Steve Brabant and Rick Abraham with CBRE’s Phoenix office represented Greg Williams, the

  • Liberty Property Trust’s Megan Creecy-Herman Installed as NAIOP-AZ Chairman

    Nov. 26, 2013- A bit of history was made on Friday, Nov. 22 when the first woman to serve as chairman of the Arizona chapter of NAIOP (National Association of Commercial Real Estate Development), Megan Creecy-Herman of Liberty Property Trust, was sworn in at the organization’s annual board retreat “Since the day she joined, Megan

  • Commercial Properties Reports on Top 5 Transactions

    Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, reported its top five October transactions. In total the firm completed 137 transactions in October for a total of 1,318,832 square feet. Leading the Lease Transactions Category, Tenant Representative Ken Elmer brokered an agreement with Arizona Urgent Care, LLC, for 5 spaces in Gilbert,

  • Universal Health Services Inc. to Open Psychiatric Hospital Near I-17

    Nov. 26, 2013- Colliers International in Greater Phoenix recently completed the sale of Quail Run, a 67,324-square-foot, Class A medical office building for $7.4 million, or $110 a square foot. UHS of Phoenix LLC, a subsidiary of Universal Health Services Inc. of Pennsylvania, purchased the four-story building to open a psychiatric hospital. A Fortune 500

  • Cole Corporate Income Trust, Inc. Acquires More Than $202 Million of Net Lease Office Properties

    Nov. 25, 2013- Cole CapitalTM, the private capital management business of Cole Real Estate Investments, Inc., announced the acquisition of five single-tenant corporate properties by Cole Corporate Income Trust, Inc. (CCIT). The combined price of the acquisitions was approximately $202.1 million and included facilities in San Jose, Colorado Springs, St. Louis and Houston. “These latest


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