Heart and Soul Web Design

image_pdfimage_print

Rio Nuevo Invests $3.6 M and Advances $41 Million of Downtown Projects

The Rio Nuevo Board unanimously approved a $2.6 million gap loan to Don Bourn and his renamed City Park project. Bourn explained that he has raised $5 million in equity and approximately $10 million in bank financing to develop a new entertainment complex at the corner of Congress and Scott, long known as the Thrifty

Rio Nuevo Invests $3.6 M and Advances $41 Million of Downtown Projects Read More »

$10.85 Million Sale of 104,880 SF Single-Tenant JCPenney in Phoenix

Phoenix, AZ – CBRE has completed the sale of a single-tenant, JCPenney located in the Ahwatukee Foothills, on East Ray Road and the I-10 freeway. Joseph R. Compagno with CBRE’s Phoenix office represented the seller, Yorktown Corporation of Santa Cruz, Calif., and the buyer, GRT Ray JCP, LLC of Santa Monica, Calif. The 104,880-square-foot retail

$10.85 Million Sale of 104,880 SF Single-Tenant JCPenney in Phoenix Read More »

Scroll to Top