Thursday, November 23, 2017

BOMA Greater Phoenix elects new officers, board for 2018

Phoenix, Arizona — BOMA Greater Phoenix, the industry group that advances the commercial real estate industry through advocacy, influence, and knowledge, elected its 2018 officers and board members via electronic vote of its membership. Darwyn Harp, General Property Manager with Hines, was elected President. He is joined by Vice President...

Pima County Development Services launches site for customers to track inspection,...

PIMA COUNTY – Pima County Development Services continues to innovate and find ways to streamline the development permitting process and make it more seamless and user friendly. The Department has launched a Building Inspection Tracking website that allows customers to easily determine when their building inspection will occur. The new website...

Terracon partner of award-winning project honored by ENR Southwest

TEMPE, ARIZONA – The local office of Terracon was a partner of the team that won an ENR Southwest Best Projects Award of Merit for 2016-2017. McCarthy Building Cos. won the Award of Merit in the Energy/Industrial category for the APS Red Rock Solar Facility. Terracon completed a geotechnical study,...

Tempe #1 for Rising Office Rents Nationally, Bolstered by Strong Tech...

Office rents on the rise in all 30 top tech submarkets in CBRE’s annual Tech-30 report  PHOENIX, Arizona –– Buoyed by double-digit tech-sector employment growth, Phoenix was in the top third of markets in the country for rising office rents over the past two years, with 13.4 percent growth,...

Del Pueblo Communities Purchases Harper’s Nursery for new Development

Scottsdale, Arizona -- Del Pueblo Communities, Scottsdale, AZ paid $1.6 million ($20.52 PSF) to acquire 1.79 acres located at the SEC Hayden Road & Virginia Avenue in Scottsdale. The property is currently being planned for a single-family attached development. The seller of the transaction was Harper’s on Hayden LLC. Richard Arambula...

Principal Matt McDougall of Lee & Associates Arizona achieves SIOR designation

PHOENIX, Arizona – Principal Matt McDougall of Lee & Associates Arizona has achieved SIOR Designation from Society of Industrial and Office REALTORS®. SIOR is a Washington, DC-based international professional organization of more than 3,000 commercial real estate professionals. According to SIOR, professionals who earn the designation are recognized by “corporate real...

Tucson Lease Report November 6-10, 2017

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from Nov 6 thru 10, 2017. INDUSTRIAL – 2850 E. VALENCIA RD., TUCSON Port Plastics, Inc. leased 12,066 sq. ft. of industrial space at 2850 E. Valencia Road. Crystal Jutte from Mohr Partners and...

Phoenix Hits Late Stages of Investment Expansion Cycle

Real Estate Investment Remains Healthy But Slower than 2016 Phoenix, Arizona –  The Greater Phoenix commercial real estate market has experienced an upswing of investment activity for the past several years, but the expansion has shown signs of slowing during third quarter.  This is according to a report released by...

BE HEARD Tucson at these Important Rezoning Meetings

TUCSON, ARIZONA -- Several rezoning projects are asking for you to Be Heard, one in the City of Tucson and the other in Pima County. Don’t miss these chances to Be Heard! First, support is needed at the Tucson Mayor and Council Hearing on TUESDAY NOVEMBER 21, 2017 at the...

Raytheon, Saab team to develop new infantry weapons

Companies improving man-portable systems for ground troops TUCSON, Arizona -- Raytheon Company (NYSE: RTN) and Swedish aerospace and defense firm Saab will partner to develop new weapons for infantry forces. Initially, the team will upgrade the Carl-Gustaf reloadable shoulder-launched weapon system and explore opportunities to enhance Saab's AT4 disposable weapon...

Heather Prinsloo Promoted to Associate at Velocity Retail Group

Phoenix, Arizona -- Velocity Retail Group recently promoted Heather Prinsloo to Associate, Marketing Coordinator for their Corporate Services Division.  She started with the company in August of 2015. This new role will expand Heather’s client services responsibilities by working closely with Dave Cheatham and Darren Pitts and providing support for our...

ABI Brokers $1.85M Apartment Sale Near Downtown Tucson/UA

TUCSON, Arizona -- ABI Multifamily, the Western US’s leading multifamily brokerage and advisory services firm, is pleased to announce the $1.85 million / $57,813 per unit sale of the 32-Unit Villa Delano Apartments at 123 West Delano Street in Tucson, AZ. The property is a garden style apartment community originally...
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