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Latest News

  • CBRE Multi-Housing Private Capital Group Negotiates Sale of Property in Metropolitan Phoenix

    Nucare Properties, LLC of Phoenix, Ariz. has purchased Sun West Apartments, a 20-unit multi-family property located at 2501 W. Elm St. in Phoenix Ariz., from Northwest Valley Property & Associates LLC. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented the Phoenix-based seller in negotiating the $485,000 sales transaction. 

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  • Western Pacific Commercial Announces Recent Transaction

    Oct. 21, 2013- Renee Ervanian, managing broker at Western Pacific Commercial, represented BC Logistics, LLC in a 12,427 square foot lease at Baseline Foothills, located at 4405 East Baseline Road, Phoenix, AZ.  The lease term is sixty-five months. Mike Kasulaitis at Voit Real Estate Services represented the Landlord.

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  • Marcus & Millichap Announces the Sale of IHOP Property

    Oct. 17, 2013 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of IHOP, a 4,332-square foot net-leased property located in Casa Grande, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1,892,000. Mark Ruble and Jamie

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  • ORION Closes Land Portfolio for FDIC

    Oct. 21, 2013 – ORION Investment Real Estate’s Vice President, Nick Miner, CCIM, exclusively represented the FDIC in the disposition of 3 different land sites throughout the Phoenix Metropolitan area.  Totaling nearly 13 acres, the sites were part of a takeover of local community bank. The Federal Deposit Insurance Corporation is an independent agency created

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  • Marcus & Millichap Facilitates Sale of Camelback Springs Apartments

    Oct. 18, 2013 – Marcus & Millichap Real Estate Investment Services has announced the sale of Camelback Springs Apartments, a 28-unit apartment community located in the Camelback Corridor in Phoenix, Arizona, according to Don Morrow, regional manager of the firm’s Phoenix Office. The asset commanded a sales price of $1,932,000 or $69,000 per unit. Brian

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  • Arizona State Trust Land Auctioned in Maricopa County

    Oct. 18, 2013- On Thursday, October 17, 2013, at the Arizona State Land Department, 1616 W. Adams Street, Phoenix, 193.4 acres of State Trust land was auctioned to the highest bidder. The land, located on the northeast corner of Signal Butte Road and Guadalupe Road in Mesa, was appraised at $30 million. The final sale

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