Wednesday, August 15, 2018

TCC Acquires Southwest Phoenix Site for New Industrial Development

PHOENIX, AZ – Trammell Crow Company (TCC) and an institutional investor have partnered to acquire a 38.5-acre site south of the southeast corner of 59th Avenue and Lower Buckeye Road in the Southwest submarket of Phoenix for the development of West 202 Logistics Center, a new 554,000-square-foot, Class A...

Supervisor Miller Comments on Purchase of the Golden Pins Bowling Alley...

PIMA COUNTY -- The Pima County Board of Supervisors held a Regular Meeting on Tuesday, August 7, 2018. The Board was asked to discuss and vote on the highly controversial purchase of the Golden Pins Bowling Alley. On May 15, 2018, the Pima County Board of Supervisors in a 3:2 vote to approve...

Two O’Reilly Auto Parts Properties Sold for $3.4 Million

Cushman & Wakefield Negotiates Sale to Two California Investors PHOENIX, Arizona – Cushman & Wakefield’s Chris Hollenbeck completed the sales of two O’Reilly Auto Parts properties, on behalf of JD 2 LLC, for a total of $3.4 million $267.75 PSF). The properties are located at 8964 W. Peoria Avenue in...

Great Recession Impact on Retail Commercial Real Estate Dwindles as Another...

PHOENIX, ARIZONA --- Ray Cashen of Cashen Realty Advisors says that the Great Recession of 2008 left a massive overhang of Big Box Retail Buildings exceeding 6 million-square-feet Valley wide.  This situation was made worse as a result of competition from online retailers like Amazon, eBay, Wayfair and Overstock. ...

SVN Desert Commercial Advisors and SVN SFR Hub in Phoenix close...

Phoenix, Arizona – While SVN Desert Commercial Advisors is a full service commercial real estate firm, SFR Hub works specifically with all SVN brokerages within our network to host SFR portfolios all across the nation.  Desert Commercial Advisor Jonathan Levy represented the buyer in the sale transaction. The SFR portfolio...

Goodwill of Central & Northern Arizona Holds Ribbon Cutting in Chandler,...

Chandler, Arizona -- Wadsworth Development Group in a joint venture partnership with Accelerated Development Services attended a ribbon cutting and grand opening ceremony on August 3rd for Goodwill of Central and Northern Arizona.  The 23,975-square-foot store is located at the southeast corner of Ray Road and Rural Road in Chandler,...

Supply-chain specialist Jay Olson brings expertise in industrial, manufacturing operations to...

PHOENIX, ARIZONA – NAI Horizon has bolstered its industrial properties footprint with the hiring of supply-chain specialist Jay Olson, who joins the firm as an Associate. Olson comes to NAI Horizon after 25 years as President and Director of Operations for Sun Pac International. He grew up in the manufacturing...

Tucson Lease Report July 30 – Aug. 3, 2018

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from July 30 thru Aug. 3, 2018. INDUSTRIAL – 9538 E. OLD VAIL RD., TUCSON uSimple renewed their lease for 50,400 SF at 9538 E. Old Vail Road with JAH Tucson LLC.  Gary Emerson...

Phoenix Lease Report July 30-Aug. 3, 2018

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from July 30 thru Aug. 3 2018. RETAIL – PARADISE SQUARE, 3901 E THUNDERBIRD RD., PHOENIX A lease for 26,835-square-feet in Paradise Square to YouFit Health Clubs was recently consummated.  The location of the...

As more Western cities turn to recycled water, they may face...

By Rae Ellen Bichell | Mountain West News Bureau DENVER – Between growing populations and a changing climate, water sources in the West are only expected to get more crunched. Communities in some very dry states have had to get creative about where to get their water, sometimes purifying sewage...

Lawn time ago: Tucson saves water with desert landscaping, synthetic grass

By Vanessa Barchfield | Arizona Public Media TUCSON – This used to be a city of lawns. Patches of Bermuda grass lined residential neighborhoods, kept green — even in blazing summer months — with diligent watering. Over the decades, that has changed. Most Tucson residents eschew lush lawns in favor...

Bourn Closing on Master Plan Site at The Bridges; Starts GEICO...

TUCSON, ARIZONA -- BP Bridges Partners, an affiliate of Bourn Companies, closed on 112 acres of land at the Bridges for $18 million ($160,650 per acre) and began to move dirt the same week for a new 200,000-square foot multi-level office building on 20-acres near 36th Street and MLK...
image_print