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CBRE Arranges $16 Million Sale of Two-Property Goodwill Portfolio

PHOENIX, Arizona – CBRE completed the sale of a two-property portfolio leased to Goodwill, located at 8053 East Raintree Dr. in Scottsdale, Ariz. and 4570 South Higley Rd. in Gilbert, Ariz. The properties sold for $10.2 million and $5.8 million, respectively. Joseph R. Compagno with CBRE’s Phoenix office represented the seller, Ariz.-based, The Mack Company. […]

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The Place at Rock Ridge in Oro Valley Fetches $39.5 Million

TUCSON, Arizona — Scottsdale-based MC Companies (Ross McCallister, principal), a real estate investment, management, development and construction company sold 319-units at Rock Ridge Apartments at 10333 N Oracle Road in Oro Valley to a private investment group from Newport Beach, CA, Springwood Investors, LLC; its first investment in Tucson. The property commanded a sale price

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CBRE Brokers $4.8M Sale of Apartment Community Near Arizona State University in Tempe

PHOENIX, Arizona – CBRE has arranged the sale of Decco 109, a 40-unit garden-style apartment community located near Arizona State University at 109 E. Broadway Road in Tempe, Ariz. The property commanded a sale price of $4.8 million ($120,000 per unit). Brian Smuckler, Jeff Seaman, and Bryson Fricke represented the seller, 5C Onyx Tempe, LLC,

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