Scottsdale, Arizona --  Todd DeHaven has been named vice president of operations for Ross Brown Partners, Inc.  DeHaven brings extensive experience in transformational business leadership involving strategy, collaboration and technological advancement. “Todd ‘s incredible track record developing innovative programs impressed us from the start,” says Curtis Brown, founding principal with...

TUCSON, ARIZONA -- ADP building located in Williams Centre, 5452 East Williams Boulevard, traded to Allegretti & Company, Inc., out of Chatsworth, California for $11.025 million ($222.53 PSF). The class-A office building is 100% occupied by Automatic Data Processing (ADP). Allegretti & Company (Joe Allegretti, President) was in a 1031...

Phoenix, Arizona – Shopping Centers is another area of commercial real estate that SVN Desert Commercial Advisors covers.  Director of Retail Leasing & Sales Investments, Rommie Mojahed and Senior Advisor Beau Flahart represented the shopping center owner in the transaction.  The property sold for $6.9 million ($92.48 PSF) to...

GREEN VALLEY, ARIZONA -- A trial run of weekly “Country Markets” at Green Valley’s Historic Canoa Ranch was such a success that organizers will continue the events through May 30. Visitors will find artisans, vendors, food trucks and more will be on hand each Thursday from 9 a.m. to 2...

$1.8 billion in 2018 sales reflect high volume, strong fundamentals, large developments  PHOENIX, Arizona – Total Phoenix industrial sales volume hit $1.8 billion in 2018, nearly double the sales volume achieved in 2017 for local owner-user and investment flex and industrial product above 10,000 square feet, according to JLL’s Q4...

TEMPE, ARIZONA ‒ Liv Communities is expanding its footprint in the Valley with the opening of its third senior living community, LivGenerations Pinnacle Peak. A grand opening ceremony is scheduled for Feb. 28 at the $40.5 million, 110-unit property at 23733 N. Scottsdale Rd., in Scottsdale. Liv Communities has senior...

TUCSON, ARIZON -- Northwest Exterminating and Northwest Landscaping purchased a 2800-square-foot industrial building and 1.33 acre of vacant excess land in Shamrock Center for an aggregate total of $905,000. The company already occupies the building at 4645 N Shamrock Place and purchased the properties for expansion. The building at 1771...

PHOENIX, Arizona –– CBRE has brokered the sale of The Wexler, a 219-unit multifamily community in central Phoenix for $26.5 million ($121,000 per unit). Brian Smuckler, Jeff Seaman and Bryson Fricke represented the seller, 3030 N. 7th Street, LP, an affiliate of Austin-based Pennybacker Capital, and the buyer, Wexler Partners,...

TUCSON, Ariz. –Sundt Construction, Inc. (www.sundt.com) recently was honored with the Industry Partnership Award from the Mining Foundation of the Southwest at the 36th American Mining Hall of Fame Awards Banquet in Tucson, Ariz. “Sundt is honored to be recognized by the Mining Foundation of the Southwest as a key...

Phoenix, Arizona – CBRE has completed the sale of a 6,162 square-foot medical office building located in the Brookside Office Park at 11851 North 51st Avenue, Building B, in Glendale, Ariz. The property commanded a sale price of $2.195 million, or $356 per square foot. The building is 100 percent...

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from Feb. 4 thru 8, 2019. INDUSTRIAL – 2301 S FRIEBUS AVE., TUCSON Heating and Cooling Supply, LLC renewed their lease for a 28,500-square-foot industrial space located at 2301 S. Friebus Avenue with Friebus...

PHOENIX, Arizona – Cushman & Wakefield has announced that WellCare Health Plans, Inc. signed a 10-year, 81,306-square-foot lease at Two Gateway Center. The national health insurance tenant executed a long-term lease worth $23 million will occupy three floors at 432 N. 44th Street in Phoenix. On behalf of WellCare Health...