Year: 2020

Phoenix, Arizona – CBRE announced the $8.4 million or $314/PSF sale-leaseback of 1860 West University, a 26,750-square-foot creative office building in Tempe, Arizona. Oregon-based Pinnacle Healthcare acquired the property from iT1 Source, LLC, an IT solutions company, in a 1031 exchange. iT1 Source will continue to occupy the property through a long-term lease. Geoff Turbow,

By: Terri Jo Neff A court-appointed receiver has been granted temporary control of a large pecan operation in eastern Cochise County after the owners defaulted on two loans worth $20 million. Robert Marcus, an Illinois-based attorney, has been put in charge of all operations of Victor Produce, Inc. and its subsidiary company Victor Produce of

PHOENIX, Arizona – Cushman & Wakefield completed the sale of two North Phoenix industrial parks located in the I-17 Corridor for a total of $25 million. The two properties, Gateway Corporate Park and Gateway Metro Park, were controlled by San Francisco-based Stockbridge Capital Group and purchased by Phoenix-based Harrison Properties. Bob Buckley, Tracy Cartledge and