Karen Schutte

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P3 and Enclosed MALLS discussed at ICSC Western Division Conference

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Panelists at the ICSC’s Western Division Conference discussed using private-sector capital and expertise for public-private partnerships (P3s) projects, as an efficient use of resources and a great way to improve tight-budgeted communities (something we know quite a bit about herer in Tucson) and the demise of many big-box and department-store retailers in large enclosed malls

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3 Buildings – 308,038 SF in Tempe Sell for $22.1 M

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PHOENIX – Capital Markets experts in the Phoenix office of Jones Lang LaSalle(JLL) have completed a $22.1 million sale of Broadway Industrial Portfolio, totaling three Class A buildings and 308,038 square feet in Tempe, Ariz. The deal is JLL’s second investment sale in the area this quarter, accentuating the strength and draw of the submarket’s commercial

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Cole Corporate Income Trust, Inc. Acquires More Than $386 Million Of Net Lease Office & Industrial Properties

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PHOENIX, PRNewswire — Cole Real Estate Investments, Inc. (NYSE: COLE), a market-leading net lease REIT, announced on behalf of its private capital management business, Cole Capital™, the acquisition of 12 single-tenant office and industrial properties by Cole Corporate Income Trust, Inc. (CCIT). The combined price of the acquisitions was approximately $386.1 million, and included corporate

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