Monday, June 24, 2019

Favorable Multifamily Market Trends Continue in Tucson

Picor Handles $3.47 Million in Multifamily Sales Tucson TUCSON, Arizona -- Allan Mendelsberg with Cushman & Wakefield | Picor closed on an aggregate of 48-units for $3.465 million ($61,625 per unit) in Tucson recently in four transactions. California-based, Brad Land Investors, LLC and The Martin and Stacey Cohan Trust bought an...

Mainstreet Capital and New York-based DRA Advisors Snag Camelback Lakes Office...

PHOENIX, Arizona – The investment sales team of Chris Toci and Chad Littell of Cushman & Wakefield, supported by the agency leasing team of Keith Lambeth, successfully closed the sale of Camelback Lakes. New York-based DRA Advisors, LLC acquired the 203,290-square-foot (sf) low-rise for $47.5 million. Developed in 1983, the...

Sun Belt College League playing at Kino Sports Complex

Games every week through July 17 with several promotional nights PIMA COUNTY – Support the aspiring ball players of the Sun Belt College League by attending a game at Kino Sports Complex through July 17. Featuring eight teams, the League plays at Kino Veterans Memorial Stadium and at the South...

Palette Collective redefining work space for small business owners

Phoenix, Arizona – Brokers all across the valley schedule tours for the average prospect but Director of Retail Leasing, Mary Nollenberger with SVN Desert Commercial Advisors is working with Palette Collective Studios to bring in a variety of different tenants to the 10,000-square-foot building in Tempe, AZ. Just recently, Nollenberger...

Julie Johnson and Alexandra Loye Join Colliers International in AZ

Leading Healthcare Brokerage Team Brings Long-Standing Expertise to Colliers Phoenix, Arizona – Julie A. Johnson, CCIM and Alexandra Loye have moved their healthcare brokerage practice to Colliers International in Arizona. The duo is one of the city’s leading medical office and senior housing teams for leasing, sales and site selection....

Maracay Named No. 1 Company to Work for in Arizona

Arizona homebuilder recognized for demonstrating excellence in the workplace SCOTTSDALE, Ariz. – Maracay, an Arizona homebuilder for more than 25 years, has earned the No. 1 spot on the 2019 list of Top Companies to Work for in Arizona, as ranked by azcentral.com and Republic Media (The Arizona Republic and...

TCC Phoenix and Principal Real Estate Investors Unveil Gilbert Gateway Commerce...

New 3-Building, Class A Industrial Park to Offer Flexibility and Functionality to Diverse Mix of Tenants Phoenix, AZ -- Trammell Crow Company (TCC) Phoenix and joint venture partner, Principal Real Estate Investors, unveil Gilbert Gateway Commerce Park, a three-building Class A speculative industrial park totaling 415,972-square-feet, located in the Southeast...

Los Angeles Investor Purchases 60K SF Phoenix Office Building

PHOENIX, Arizona – Los Angeles-based BH Properties announced today the purchase of Riverpoint – Building 2, a single-story, multi-tenant flex office building. The property located at 3100 E. Broadway in Phoenix was sold by a Nebraska investor, Vatnsdal Investments, LLC, for $5 million. Eric Wichterman, Mike Coover, Larry Downey and...

GLHN Architects & Engineers, Inc. expands its Phoenix, Tucson offices with...

PHOENIX, ARIZONA – GLHN Architects & Engineers, Inc., an employee-owned firm with more than 50 years of expertise in healthcare and higher education projects, added to its expanding footprint in Arizona with hiring of two engineers, one in Phoenix and one in Tucson. Ye Zhang, PE, joins the Phoenix office...

Tucson Lease Report June 10-14, 2019

Sonora Behavioral Health Hospital 16,999 SF office lease highlights this week's lease report. The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from June 10 thru 14, 2019. OFFICE – 3130 E BROADWAY BLVD, TUCSON Sonora Behavioral Health Hospital, LLC leased 16,999-square-feet of office...

NAI Horizon negotiates long-term lease for importer, distributor of furniture in...

PHOENIX, ARIZONA - NAI Horizon represented the tenant in a long-term lease for a furniture importer at 9310 W. Buckeye Road, in Tolleson, Arizona. NAI Horizon Senior Vice Presidents Isy Sonabend represented International Furniture Direct of Houston, Texas, in a new lease totaling $1.63 million. “International Furniture Direct has doubled its...

Colliers Selected to Handle Office Leasing of Block 23 at CityScape

Highly Anticipated Mixed-Use Project Includes Multi-Family, Retail and Office Space Phoenix, Arizona –  Colliers International has been selected by RED Development to exclusively handle the office leasing for its eagerly anticipated Block 23 at CityScape project in downtown Phoenix.  The true mixed-use development will include 332 apartments, downtown Phoenix’s first,...
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