Karen Schutte

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Whirlygig Buys 16,960-Square-Foot Retail Property in Tucson

This article has been archived, please login for access or subscribe now by going to the subscribe tab at the top of page. CBRE has negotiated the sale of a 16,960-square-foot retail building located at 8358 E. Broadway in Tucson, Ariz. The building, which sits on 1.77 acres, commanded a sale price of[mepr-show rules=”58038″]$875,000 ($52

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Vestis Group Completes Sale of Melrose Place Apartments in Phoenix AZ

JMRS Melrose, LLC of San Diego, California sold the 13-unit Melrose Place Apartments, located at 3110 N 40th Street, in the sought after Arcadia neighborhood in Phoenix to a private investment group, South Latitude Capital, LLP of Vancouver, British Columbia, Canada for $750,000 ($58, 000 per unit). Melrose Place Apartments is a garden-style multifamily community

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Energy Benchmarking Becoming New Reality for Shopping Center Owners

Boston, Chicago, Minneapolis and Philadelphia passed new energy benchmarking mandates this year, and others are seeking to do the same.  U.S. shopping centers owners already contending with European-style energy-benchmarking laws had better prepare for more of the same. Municipalities and environmental groups argue that these efforts will ease operating costs and boost property values. Critics

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