Year: 2020

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Foothills Gateway Corporate Center Trades for $11.5 Million

PHOENIX, Arizona – On behalf of HB Foothills Gateway, Cushman & Wakefield has closed the sale of Foothills Gateway Corporate Center located at 4505 E. Chandler Boulevard in Phoenix. Equity Advantage Inc. purchased the property for $11.5 million ($169 PSF). Located in the prestigious Southeast Valley neighborhood of Ahwatukee Foothills, Foothills Gateway Corporate Center is

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Amazon’s “Last Mile” Building in Tucson Sells as Net Lease Investment to New York Investors

TUCSON, Arizona – The Amazon Distribution building at 775 W Silverlake Road in Tucson in a net investment sale for $17.718 million ($358 PSF). The newly constructed 49,500-square-foot distribution center is located near I-10 and I-19 close to downtown Tucson for delivery vans. Scanell Properties of Indianapolis, Indiana assembled the 17.3-acre parcel for Amazon in

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CBRE Brokers $4.67 Million Sale of Office Building in Historic Downtown Glendale, Arizona

Phoenix, Arizona – CBRE has facilitated the $4.67 million ($803 PSF) sale of the 58,134-square-foot office building located at 5800 W. Glenn Ave. in Glendale, Arizona. Keech Properties of Palo Alto, California acquired the property from the City of Glendale. Glenn Smigiel, Bob Young, Ashley Brooks, Rick Abraham and Steve Brabant of CBRE in Phoenix

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