Tuesday, February 9, 2016

Real Estate Daily News

CONSTRUCTION WOES: Is the workforce diminishing?

Valley Partnership panel discusses availability of labor in Metro Phoenix Phoenix, AZ – Valley Partnership has announced the topic for its upcoming monthly breakfast on Friday, Feb. 26. This month’s program examines the availability of construction labor in Metro Phoenix. The panel will feature Jerry Barnier, Founder, Suntec Concrete; Jeff Eschliman,...

Real Estate Daily News Buzz February 9, 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, January 22, 2016. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets...
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Real Estate Daily News

Tucson Lease Report February 1 – 5, 2016

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from February 1 thru 5, 2016. RETAIL – 6210 N TANQUE VERDE, TUCSON The new China Bamboo Restaurant has leased 3,700-square-feet. at 6210 N. Tanque Verde.  The site is the former location of the...

Hoskin-Ryan Signs Long-term, 12,808 SF Office Lease on Camelback Corridor

PHOENIX, AZ – Hoskin-Ryan Consultants, Inc., a full-service, civil engineering firm has signed a long-term, 12,808-square-foot office lease at 5050 @ Camelback located at 5050 N. 40th St. in Phoenix. Move-in is expected in May. Craig Coppola, CCIM, CRE, SIOR, and Andrew Cheney, CCIM, SIOR, Principals, and Gregg Kafka, CCIM,...

Real Estate Daily News

Chuck Blacher: Tucson Industrial Sector Overview 2015

By: Chuck Blacher, Industrial Specialist Tucson Realty & Trust The over abundance of crude oil is destabilizing markets and countries around the globe. The one product that is so vital to our economy which you would think in over supply would have positive effects to our economy is doing just...

Real Estate Daily News Buzz February 8, 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, January 22, 2016. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets...

New Developments & Retrofits Around Tucson

Brenna Lacey of Volk Company represented the seller, Walgreen Arizona Drug Co., in its sale of 70,481-square-feet of land to Fry’s Food & Drug Stores at the southwest corner of Rita Road and Houghton Road in Tucson. The sales price was $930,000 ($13.20 PSF). The land was purchased for...

Fry’s Anchored Mountain Park Plaza in Phoenix Sells for $9.7 Million

Colliers International Negotiated Sale of the ±87,672-Square-Foot Retail Center Phoenix, AZ – Colliers International in Greater Phoenix negotiated the sale of Mountain Park Plaza at 510, 520, 602, 610 E. Baseline Road in Phoenix, for $9,665,000 ($110 PSF). Mindy Korth, executive vice president; and Kirk Kuller, vice president, with Colliers’ Phoenix...

C&W | PICOR Recognizes 2015 Outstanding Achievers

 Cushman & Wakefield | PICOR in Tucson salutes its 2015 outstanding achievers in Brokerage, Property Management and Administration who were honored at the company’s annual awards luncheon held at the Tucson Country Club on January 21, 2016.   Company Awards President’s Award for Excellence:  Linda Montes-Cota Brokerage Awards Winner’s Circle (Top Producers): # 1 Producer: ...

Rio Nuevo Announces New Tucson Greyhound Terminal & Advances to Acquire...

The Rio Nuevo Board announced at its February 2nd meeting it has contracted to purchase a 46,107-square-foot parcel of land at the southeast corner of Euclid and Broadway as the location for a new location for the Tucson Greyhound bus terminal. The Board has 60 days to investigate whether...

Real Estate Daily News Buzz February 5, 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, January 22, 2016. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets...

Washington Firm Pays $60+ Million for Two Tucson Apartment Communities

FW Group of Mercer Island, Washington (Mike Wensman, manager) paid $29.25 million ($68,986 per unit) for The Overlook at Pusch Ridge Apartments plus $30.8 million ($85,556 per unit) for Harrison Park Apartments in Tucson. The two Tucson apartment communities were sold to the same buyer and same seller for...

Irgens Purchases $17 Million Office Building Near Phoenix Airport

PHOENIX, AZ -- Irgens - Phoenix has announced the $17 million acquisition of an office project at 501 N. 44th St. The four-story building is located south of the Loop 202 and just off State Route 143 near Sky Harbor International Airport. 501 Gateway features 102,302-square-feet of prime office space....

Trico awards 2016 POWER Grants to nine non-profit charities

Marana, AZ – Trico Electric Cooperative, a not-for-profit electric cooperative, has awarded a total of $40,000 to nine local agencies that provide critical services to our community. Arivaca Helping Hearts, $2,000 Emergency assistance for basic needs including food, propane, diapers, formula. Arizona Youth Partnership, $3,000 Holistic self-sufficiency program for families. Aviva Children’s Services, $5,000 Abused...

Colliers International Hires Nick Ault, Retail Services Professional

Ault, Associate Vice President, Will Partner with Daniel Ortega in Colliers’ Phoenix Office Phoenix, AZ – Colliers International in Greater Phoenix announced that Nick Ault, associate vice president, joined its Phoenix office. Ault specializes in retail and restaurant real estate services with a focus on tenant representation. Ault will partner...

Real Estate Daily News Buzz February 4, 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, January 22, 2016. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets...