SCOTTSDALE, Arizona – Well-located on the southwest corner of Pima Road and Bronco Trail, the soon-to-be 16 residential lots sold for $2,850,000, or approximately $150,000/acre. The land parcel totaled 19-acres and sold subject to zoning and plat recordation. The property is located near the affluent communities of Troon North, Estancia, Grayhawk, and Pinnacle Peak Estates.

Larry Kush, Senior Vice President of ORION Investment Real Estate, exclusively represented the Seller, Medley LLC. Kush said, “It is getting harder all of the time to find quality parcels in this area of North Scottsdale; Camelot did a terrific job of processing the zoning through the city.”

The Buyers, Mark and Julie Hancock of Camelot Homes, were self-represented. A locally-owned, award winning home builder, Camelot Homes is one of Arizona’s most prestigious family-owned homebuilders. With 50+ years’ experience building thousands of homes in Arizona’s finest communities, Camelot Homes has established an unparalleled tradition of home building pride and excellence.

For more information, Larry Kush can be reached at 480.482.1944

Vestis Group negotiated a multi-year office lease for Kane, Temple, Myers, PLLC, a multi-state personal injury law firm, at The Doyle Building, located at 4331 N 12th St, Phoenix, AZ 85014

Phoenix, Arizona – Vestis Group, a commercial brokerage and investment firm, is pleased to announce the completed lease for Kane, Temple & Myers, PLLC, a multi-state personal injury law firm, at The Doyle Building, located at 4331 N 12th St, Phoenix, AZ 85014.
“Kane, Temple, & Myers, PLLC, a multi-state personal injury law firm specializing in car accidents, dog bites, and wrongful death, is proud to announce the opening of their Phoenix office,” says Jeff Temple, Partner at Kane, Temple & Myers, PLLC, “Now with offices in Phoenix and Las Vegas we are able to help more people who have been injured.”

The Phoenix based Vestis Group commercial brokerage team of Natan Jacobs and Matt Morrell worked in conjunction with Alicia Milton of Keller Williams Realty East Valley, who negotiated the transaction on behalf of the tenant, Kane, Temple & Myers, PLLC, and the landlord, 4331 North 12th Street LLC. Vestis Group provides tenant representation services to select national, regional and local tenants with their expansion plans throughout Arizona.

The Doyle Building, aka 4331 North 12th Street, is a 2,100 square feet, single-level, mid-century modern office building designed by award-winning architect Gerald A. Doyle, located in Phoenix’s downtown-midtown-uptown urban core, just minutes from the “Golden Corner” of 24th Street & Camelback, Camelback Corridor, Downtown Phoenix, Sky Harbor International Airport and numerous Valley hotspots, including: Postino WineCafe, Oregano’s, St. Francis, Windsor, Little Cleo’s at The Yard, Culinary Dropout at The Yard, Taco Guild and Starbucks at Old School 07.

The Doyle At Midtown is a mid-century modern single-story office building located in Midtown Phoenix, one half mile south of Camelback Road along 12th Street allowing easy access to Biltmore Fashion Park, the Camelback Corridor, the valley freeway system and numerous employers. The property is adjacent to the Grand Canal, which many people utilize for recreation, including running and biking.

Built in 1973, The Doyle was remodeled in 2014 and updated again in 2019, by MODE, a Valley real estate developer specializing in revitalizing properties in the mature neighborhoods of Central Phoenix. The Doyle is a freestanding office building with a flat roof and combination frame/stucco and exposed steel beam construction. The unit mix is comprised of 3 separate but interconnected suites, including 2 suites of approximately 500 square feet and 1 suite of approximately 1,100 square feet. The property includes 10 surface parking spaces.

Vestis Group is the broker of choice for individuals and institutions investing in multifamily residential and commercial real estate throughout Metropolitan Phoenix. Our advisors assist clients in the acquisition and disposition of multifamily investment and retail investment assets, including, apartments, bulk condo packages, duplex/triplex/fourplex properties, single-family rental portfolios (SFR Portfolios), income producing single-family investment properties, neighborhood strip centers, retail power centers, retail strip centers, neighborhood grocery, retail PAD and retail shopping centers. In the field of housing, Vestis Group’s principals have developed, built, rehabilitated, constructed, improved, managed, and sold thousands of apartments units, condos, single-family homes and home sites.

TUCSON, Arizona — Churchill Commercial Capital has arranged a $19,368,000 Bridge loan for the Gateway at Tucson Apartments, an apartment community which is being converted from 188 units of student housing to approximately 273 units of conventional multi-family rental housing .

Cynthia Hammond and Bill Tong placed the loan for HolualoaGateway, LLC, who acquired this property at auction last fall. Holualoawill be converting four bedroom units into one and two bedroom apartments, and will be investing capital to upgrade the aesthetics and operating efficiency of the apartment property. The non-recourse loan was funded by an established bridge lender and featured future funding of 100% of capital improvements, as well as interest and operating reserves.

Churchill Commercial Capital is a commercial mortgage banking company established in 1994 who has closed over $3.1 billion in loans. Churchill originates and services loans for its correspondent life insurance companies, and arranges debt and equity investments for owners of commercial and multifamily properties.

To learn more on this project click here.