Karen Schutte

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Maracay Homes Finalizes Rancho Vistoso Donut Hole Purchase – Estimates $41 Million Investment

This article has been archived, please login for access or subscribe now by going to the subscribe tab at the top of page. Arizona-based home builder, Maracay Homes finalized the acquisition of 122 acres at the Rancho Vistoso ‘Donut Hole’ for nearly[mepr-show rules=”58038″] $23 million ($187,000 per acre) in Oro Valley. This last remaining large

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Scottsdale’s Galleria Corporate Centre Sells for $68.6 Million

Galleria Corporate Centre, a Class-A, mixed-use office and retail project, located at 4301 and 4343 N. Scottsdale Rd. in Scottsdale sold for $68.6 million ($128 PSF) for the 537,110 square-foot complex. Jim Fijan and Will Mast with CBRE’s Phoenix office represented J.E.M.B. Realty Corporation, a New York City-based company (Joseph Jerome, CEO) who sold the

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Phoenix Based Cole Capital Launches Cole Office & Industrial REIT

Cole Capital™, the private capital management business for Cole Real Estate Investments, Inc. of Phoenix announced the launch of Cole Office & Industrial REIT (CCIT II), Inc. (CCIT II), focused on net lease office and industrial assets. CCIT II intends to invest primarily in single-tenant, income-producing, “necessity” office and industrial properties, which are leased to

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