Bob Young

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Whitestone REIT Adds Fountain Hills Plaza to Portfolio for $20.55 Million

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Whitestone REIT of Houston, Texas (NYSE: WSR) purchased the Fountain Hills Plaza in Fountain Hills, AZ for $20.55 million ($185 PSF) for the 111,289-square-foot grocer and hardware store anchored retail center. Located at the southwest corner of Palisades Boulevard and La Montana Drive in Fountain Hills, Fountain Hills Plaza benefits from one of the busiest […]

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Successful Public-Private-Partnership Sells for $38.35 Million

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Landmark property on Mill Avenue in Tempe,  Centerpoint on Mill,  the heart of downtown Tempe since its inception 28 years ago, has been sold by Scottsdale, Ariz.-based DMB, Inc.(Charley Freedricks, President), to Mill Avenue Retail, LLC of Scottsdale (Dan Dahl, managing member). The 127,027 square-foot commercial property commanded a sale price of $38.35 million. Covering 22 acres

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Tucson’s Holualoa – Newest SkySong Partner in Scottsdale

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With the first two office buildings SkySong I and II almost fully leased and construction of a third, SkySong III, set to begin in September, Holualoa Companies of Tucson has bought out USAA Real Estate of Texas’ interest in SkySong, the ASU Scottsdale Innovation Center. The new partnership formed by Holualoa Companies, the ASU Foundation

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