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Value Add Retail Building Trades in Prestigious Scottsdale Airpark

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SCOTTSDALE, AZ – Northsight Village III, a 8,532-square-foot retail building, closed for $1,475,000 ($172.88/SF). The building was occupied by AVIS Rent a Car and Traders Smoke Shop at the close of escrow. Judi Butterworth and Derek Buescher of ORION Investment Real Estate represented the Seller, LES and NSS Irrevocable Trust, in this transaction. The Buyer

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Raytheon opens new cyber center in Augusta, Georgia

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Facility delivers innovative cybersecurity to U.S. Department of Defense agencies DULLES, VA — Raytheon Company (NYSE: RTN) has opened its newest cyber facility in Augusta, Georgia, to deliver a wide range of cybersecurity capabilities to the U.S. Department of Defense, particularly the U.S. Army Cyber Command as it relocates to Fort Gordon. “Our DoD customers

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Office Occupancy Costs Up 2.3% – Top Six U.S. Cities

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Originally published in National Real Estate Investor CBRE is reporting, peaking office rents are becoming a problem in many markets. Tenants have shown they’re willing to expand, but as high demand pushes rents to record levels amid Brexit and the upcoming election turmoil, experts say tenants might have an excuse to delay decisions until 2017.

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