Wednesday, May 22, 2019

MassMutual Insurance Opening Western Regional Office in Phoenix

PHOENIX- For the first time in its 162 year history, Massachusetts Mutual Life Insurance Company (MassMutual) has established a corporate presence in the western United States to better serve its policyowners and customers. The company officially opened its Phoenix, AZ, location today with a special event attended by company, government,...

Cushman & Wakefield names Greg Valladao as Sr. Marketing Director /...

PHOENIX, AZ - Cushman & Wakefield announced Gregory B. Valladao, Senior Director of Cushman & Wakefield’s Retail Capital Markets Group, has been named Senior Managing Director and Market Leader of the company’s Phoenix operations. In his new role, Mr. Valladao will oversee the firm’s overall business objectives, day-to-day activities,...

Real Estate Daily News Buzz – OCT. 18, 2013

Business Buzz  is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you time. Here you...

BILTMORE COMMERCE CENTER TO BE REPOSITIONED

PHOENIX, AZ -- Cushman & Wakefield of Arizona has been selected to handle leasing of the prestigious Biltmore Commerce Center, a Class A office complex at 3200 East Camelback Road in Phoenix. The property, which was recently purchased by DPC Development Company of Denver, will undergo a significant modernization and...

Bankruptcy Court: ECOtality Sells $96 Million Taxpayer Assets for $4.3 Million

Taxpayer-backed green energy company ECOtality that filed for chapter 11 bankruptcy protection last month has offers to sell its assets for $4.3 million to three separate buyers according to court records. The Department of Energy (DOE), which awarded the company $115 million in stimulus funds to produce those Blink chargers...

Brian Teske Joins Sperry Van Ness Phoenix Multifamily Team

The Phoenix office of Sperry Van Ness is pleased to announce the addition of Brian Teske as Associate Advisor with the Phoenix multifamily team of commercial real estate professionals. Teske has a Certified Commercial Investment Member (CCIM) as well as a Certified Property Manager Designation (CPM) through the Institute...

Real Estate Daily News Buzz – OCTOBER 17, 2013

Business Matters is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and stock market to save you time. You might find...

33-Lot Atalon in Scottsdale Fetches $5 Million from Toll Brothers Inc.

Toll Brothers Inc (NYSE:TOL) a national builder of luxury homes purchased a 33-lot subdivision known as Atalon in northeast Scottsdale for $5 million ($152,000 per lot). The property, of approximately 81 acres, was annexed into the City of Scottsdale in 1982 as low density residential. The property comprises 11...

EC&R Dedicates Maiden Solar 15MW Facilities in Tucson

TUCSON, AZ - E.ON Climate & Renewables (EC&R) Solar held a dedication ceremony Monday of its first two solar photovoltaic (PV) projects in the Tucson, Arizona area delivering a combined total of 15 megawatts (MW) of solar capacity. Both projects have long-term power purchase agreements (PPAs) with Tucson Electric Power (TEP). "These...

Real Estate Daily News Buzz – October 16, 2013

Business Matters is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and stock market to save you time. You might find...

Gramercy Property Trust Acquires a $17.85 Million Cold Storage Facility in...

Gramercy Property Trust Inc. of New York (NYSE:GPT), a real estate investment trust, has closed on the acquisition of an approximately 220,000 square foot food-grade cold storage and distribution facility located at 3701 S Avenue 3 ½ East in Yuma, Arizona. The sale price reported was $17.85 million ($81...

Tucson New Home Permits Down 26% – Marana Up 49% Y-O-Y

The following chart shows new home permits month-by-month for Southern Arizona.  Q1 2013 totaled 644 new home permits (+22%) from previous 2012 quarter, Q2 2013 - 564 news home permits issued (-14%) and Q3 2013 - 530 permits issued in the area a (-6%) drop in third quarter. Southern Arizona new...
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