Monday, February 18, 2019

Rite Way Heating, Cooling & Plumbing Buys Industrial Building in Tucson...

TUCSON, Arizona -- Walter & Sons LLC (Rick Walter, manager) of Tucson bought a 44,736-square-foot industrial building at 4551-4571 S. Alvernon Way from HS-Tucson AZ LLC an affiliate of Holoaloa HDS LLC for $3.865 million ($86 PSF). ). Built in 2000, with I-1 zoning, 24' clear height, a 3-acre...

Retail Pad at Boulevard at Surprise Pointe Trades for $2.1 Million

Cushman & Wakefield of Phoenix sells site on AMC Theater anchored center PHOENIX, Arizona – Cushman & Wakefield sold a retail pad at Boulevard at Surprise Pointe, located at the southeast corner of Litchfield Road and Waddell Road in Surprise, Ariz. Old Republic Exchange Company of Carefree, Ariz. purchased the...

Pima Council on Aging (PCOA) Purchase of 600 South Country Club...

TUCSON, ARIZONA — Pima Council on Aging purchased the 15,000-square-foot office building located at 600 South Country Club Road in Tucson Arizona for $1,755,000 ($117 PSF). Pima Council on Aging is Pima County’s leading expert on aging well, advocacy, and unbiased information for older people and their families. Founded in...

Modern I-10/Ina Road interchange nearing completion in Marana

Technology just one way ADOT project is improving mobility MARANA, Arizona – When the new interchange at Ina Road and Interstate 10 in Marana opens in the coming weeks, it will include state-of-the-art technology helping Arizona Department of Transportation engineers adjust signals to keep traffic flowing. Work on the $128 million...

No Slowdown in Site for Tucson Multifamily Sales – Sierra Pointe...

TUCSON, Arizona – Two multifamily apartment deals totaling 145-units and an aggregate sale price of $8.4 million sold in the first month of 2019.  Multifamily property sales are expected to continue to be a preferred investment with no slowdown in site for Tucson. Colorado investors, Hung N Tran and Nina...

Scottsdale Airpark Industrial Warehouse Development Sold for $16.48 Million

Cushman & Wakefield Sells Class A Multi-Tenant Warehouse/Showroom PHOENIX, Arizona – Cushman & Wakefield completed the sale of North Hayden Commerce Center, located at 14000 N. Hayden Road in Scottsdale, Ariz. Hayden Center Investments purchased the property from New York-based 14000 N. Hayden Road, Scottsdale, LLC (a company formed by...

1,400-acre CenterPoint Logistics Park in El Mirage Lands Steel Plant

Cives Steel Corporation Purchases 25 Acres for 150,000 Square Feet of Manufacturing Phoenix, Arizona – John F. Long Properties (Jacob F. Long) and NOVO Development (Kurt Rosene, Justin Miller & Stephen Hulston)  have completed a 25-acre land sale to Cives Steel Corporation, marking a significant launch for their CenterPoint Logistics...

Todd DeHaven Named Vice President of Operations for Ross Brown Partners

Scottsdale, Arizona --  Todd DeHaven has been named vice president of operations for Ross Brown Partners, Inc.  DeHaven brings extensive experience in transformational business leadership involving strategy, collaboration and technological advancement. “Todd ‘s incredible track record developing innovative programs impressed us from the start,” says Curtis Brown, founding principal with...

California Investor Trades into ADP Building at Williams Centre fore $11.025...

TUCSON, ARIZONA -- ADP building located in Williams Centre, 5452 East Williams Boulevard, traded to Allegretti & Company, Inc., out of Chatsworth, California for $11.025 million ($222.53 PSF). The class-A office building is 100% occupied by Automatic Data Processing (ADP). Allegretti & Company (Joe Allegretti, President) was in a 1031...

8th Ave Shops in Mesa Sells for $6.9M to local investor

Phoenix, Arizona – Shopping Centers is another area of commercial real estate that SVN Desert Commercial Advisors covers.  Director of Retail Leasing & Sales Investments, Rommie Mojahed and Senior Advisor Beau Flahart represented the shopping center owner in the transaction.  The property sold for $6.9 million ($92.48 PSF) to...

Country Markets at Canoa Ranch extended through May 30

GREEN VALLEY, ARIZONA -- A trial run of weekly “Country Markets” at Green Valley’s Historic Canoa Ranch was such a success that organizers will continue the events through May 30. Visitors will find artisans, vendors, food trucks and more will be on hand each Thursday from 9 a.m. to 2...

West Valley leads the pack as annual Phoenix industrial sales nearly...

$1.8 billion in 2018 sales reflect high volume, strong fundamentals, large developments  PHOENIX, Arizona – Total Phoenix industrial sales volume hit $1.8 billion in 2018, nearly double the sales volume achieved in 2017 for local owner-user and investment flex and industrial product above 10,000 square feet, according to JLL’s Q4...
image_print