Friday, April 29, 2016

Real Estate Daily News

Rodney Riley Joins CBRE as Regional Sales Director of Investor Services

Phoenix, AZ – CBRE announced today that Rodney Riley has been appointed Regional Sales Director, Investor Services for the Southwest Region. Mr. Riley will collaborate with local leadership and assist with business development and sales efforts for all Investor Services business, including Agency Brokerage, IP, Asset Services, Project Management,...

Real Estate Daily News Buzz April 29, 2016

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...
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Real Estate Daily News

Broadway Inn Apartments in Tucson Sells for Rehab

Broadway Inn LLC (Avram Persellin, manager) of Tucson sold the Broadway Inn Apartments at 8477 E Broadway Blvd. in Tucson for $890,000 ($18,163 per unit) to Unicorn Society LLC of Gig Harbor, Washington. The property sold half vacant for rehabbing.It is all one-bedroom units in 20,044-square-feet on a 1.33...

JLL Predicts a Hot Year for Phoenix Cold Storage Space

Demand from food and beverage users is outpacing available inventoryPHOENIX, AZ – Industrial experts in the Phoenix office of JLL are predicting a very hot year for Phoenix cold storage space – which is defined as industrial buildings that cater to food and beverage users. Traditionally, this category of space combines office/back office...

Real Estate Daily News

Rio Nuevo Approves $3.2M Dollars to Upgrade TCC Arena for Professional...

After a presentation by the Arizona Coyotes CEO and owner Anthony LeBlanc, the Rio Nuevo District Board unanimously approved a $3.2M investment into the "back-of-the-house" of the TCC Arena to build out new locker rooms, weight rooms, and other components required by the American Hockey League.The Board's approval is...

USS Coronado deploys with next-gen UAV controls from Raytheon

Unmanned helicopter control system brings flexible mission control to first US Navy littoral missionsSAN DIEGO, CA -- Raytheon Company (NYSE: RTN) and the U.S. Navy's Naval Air Systems Command have deployed advanced mission control for the MQ-8 Fire Scout, an unmanned helicopter, aboard the Littoral Combat Ship USS Coronado, which...

Real Estate Daily News Buzz April 28, 2016

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Native Grill Sold for $3.2 Million One Week Before Opening

Native Grill & Wings, at 10255 East Old Vail Road in Tucson sold in an investment sale for $3,147,541 ($631 PSF). An award winning Arizona restaurant chain known for its 20+ wing flavors that guests can order by the individual wing, is opened this location, its fourth location in...

Villas at Montebella in Peoria Sells for $4.6 Million

100-Unit Apartment Community in Peoria, Arizona, Nets $46,000 per DoorPhoenix, AZ – Colliers International in Greater Phoenix negotiated the sale of Villas at Montebella, a 100-unit apartment asset at 10860 N. 85th Avenue in Peoria, Arizona, for $4.6 million or $46,000 per unit.Executive Vice Presidents Bill Hahn, Jeff Sherman...

Desert Commercial Advisors adds five new agents to Arizona’s largest SVN...

Phoenix, AZ – Designated Broker, Perry Laufenberg continues to build SVN’s Phoenix office, Desert Commercial Advisors by adding five new brokers to the roster.  “I have my sights set on growing our office by adding motivated and driven industry professional to our team of brokers,” Laufenberg said as explaining...

Real Estate Daily News Buzz April 27, 2016

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Holualoa Sells Mission Creek Apartments in Tucson for $8.5 Million

An affiliate of Holualoa Companies sold the Mission Creek Apartments at 1451 West Ajo Way in the southern submarket of Tucson for $8.5 million ($42,500 per unit / $73.44 PSF). This well maintained complex has 200-units in thirteen 2-story buildings with approximately 115,700 rentable-square-feet and one- and two-bedroom units...

Chandler Airport Center Prime Parcel Sold For Future Office HQ

CHANDLER, AZ – The Southeast Regional Association of REALTORS@ (SEVRAR), the largest realty association in Arizona, has purchased a new 3.1-acre site for their office headquarters at Chandler Airport Center in Chandler. The parcel sold for $1,152,290 or $8.50 per SF. The site was purchased for a builtto-suit office...

Sundt Names New Southern Arizona Regional Director

TUCSON, AZ --- Sundt Construction, Inc. (www.sundt.com) has promoted longtime Sundt employee Ian McDowell to vice president and Southern Arizona Regional Director.Sundt Construction, Inc. (www.sundt.com) is one of the country’s largest and most respected general contractors. The 126-year-old firm is known nationally for its commitment to quality and innovative...

Real Estate Daily News Buzz April 26, 2016

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Tucson Lease Report April 18-22, 2016

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from April 18 thru 22, 2016.RETAIL – 70 N. HARRISON RD., TUCSON TMCOne leased the 7,202-square-foot building at 70 N. Harrison Rd. for a clinic location. The landlord is Rain Scott Investments, LLC. ...