Tuesday, April 23, 2019

Tempe Retail Trades at High Price per SF of $511

TEMPE, ARIZONA – Situated on the northeast corner of McClintock Drive and Apache Boulevard, the 1,400-square-foot, freestanding building closed for $715,000, or $511 per square-foot. 1800 East Apache Boulevard sits on approximately 0.39 acres of land and there is redevelopment potential using the existing CSS zoning. Sitting adjacent to...

Pima County Finance budget work adds up to a national award

PIMA COUNTY - Pima County recently received the highest form of recognition granted by a national association of finance and budget experts. Last month, the Government Finance Officers Association (GFOA) presented the Finance and Risk Management Department with its Distinguished Budget Presentation Award for the 21st consecutive year. “This...

CBRE Facilitates $60.3 Million Loan for Refinance of Two Student Housing...

PHOENIX, Arizona – CBRE announced it secured a $60.3 million loan on behalf of Aultas Investment Management, a private real estate investment company based in San Diego, for the refinancing of two student housing properties in Flagstaff, Ariz. Brian Eisendrath and Cory Wizenberg of CBRE arranged the 10-year loan...

ViaWest Group Enters Southern California Market with Opening of L.A. Office

Phoenix, Ariz. —Arizona-based commercial real estate company, ViaWest Group, announces the opening of its Southern California office. The company owns and manages over 5MM square feet in Metropolitan Phoenix and has been named NAIOP Arizona Owner/Developer of the Year two of the last four years. ViaWest Group hired Chris Cowan...

Mister Car Wash Acquires Tucson Marketplace at the Bridges Pad for...

TUCSON, ARIZONA -- Mister Car Wash purchased 1.49 aces of vacant land at Tucson Marketplace at the Bridges located at 2975 South Kino Pkwy in Tucson for $1.4 million ($21.57 PSF). Tucson-based Mister Car Wash continues to expand, now with 266 car washes it operates in 21 states. Prior...

Weingarten Realty Snags Madison Village Marketplace for $20.3 Million

PHOENIX, Arizona – The capital markets team of Ryan Schubert and Michael Hackett of Cushman & Wakefield, successfully closed the sale of Madison Village Marketplace. Houston-based Weingarten Realty acquired the Safeway anchored shopping center from Phoenix-based Bayless Investment & Trading Company for $20.3 million ($225 PSF). The 90,264-square-foot retail center,...

New program manager takes the reins at County’s Las Artes Arts...

PIMA COUNTY, ARIZONA -- The new program manager of Pima County’s Las Artes Arts & Education Center has more than a decade of experience connecting people to jobs. But it was her own experience more than 30 years ago as a pregnant high school student that has led her...

SCS Engineers Continues to Provide Environmental Services for State Agencies

Phoenix, AZ – SCS Engineers has been awarded on-call contracts to provide environmental services to state agencies such as the Arizona State Land Department (ASLD), Arizona Department of Environmental Quality (ADEQ), Arizona Department of Transportation (ADOT), and Arizona Department of Emergency and Military Affairs (ADEMA). The environmental consulting and engineering...

AZCREW examines workplace strategy with industry experts at its April lunch

PHOENIX, ARIZ.  – We live in a data-driven world. Despite the significant number of quick decisions, we make based on of data on a daily basis, step into most offices today and you’ll discover that decision-making and change are a lengthy process. Companies are changing the way they are designing...

Highland House Sets new Record for Unit and Bed Prices

TUCSON, ARIZONA -- The Darryl Wilson Living Trust purchased Highland House Apartments, a 6,986-square-foot (12-bed) student housing complex located at 380 N. Highland Avenue in Tucson.  Located one block from the University of Arizona Campus Recreation Center and the rest of the campus. The property was purchased from PCG Tucson...

CBRE Announces $7.25 Million Sale of 19K SF Gilbert Retail Center

Phoenix, Arizona -- CBRE completed the sale of a 19,200-square-foot multi-tenant freestanding retail center in Gilbert, Ariz. Scottsdale-based Palm West Home Community, LLC, acquired the Class A property for $7.25 million ($377.60 PSF). CBRE’s Jesse Goldsmith, Steve Julius, and Chase Dorsett represented the seller, Mariah Properties IV, LLC, in the...

PACC participating in massive adoption event

County joining for fifth year in Adopt Love. Adopt Local. PIMA COUNTY –Pima Animal Care Center is joining several other local shelters and rescue groups for the mega adoption fair, Adopt Love. Adopt Local, April 13, 2019 from 9 a.m. to 4 p.m. at the West Hall of the Tucson...
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