Fred Darche

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DriveTime Expands in Mesa with $8.8 Million Office Complex

Mesa – The owner and founder of DriveTime Automotive Group, Inc in Phoenix has acquired an office-industrial project in Mesa that will house hundreds of new employees being hired by the fast growing national used car business. Verde Investments Inc. in Phoenix (E.C. “Ernie” Garcia, principal) paid $8.8 million ($82.07 PSF) to buy the 15.97-acre

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Largest Commercial/Runway Parcel in Scottsdale Airpark Sells for $8.3M

SCOTTSDALE, AZ – Scottsdale Airpark’s largest commercial land parcel on the runway, at 9.54 acres, sells to a local investment company for $8,325,000 ($20.03 PSF). Mark Linsalata, Bill Blake and Fred Darche, principals with Lee & Associates represented the seller, Phoenix Dragon FEI, LLC of Scottsdale. Linsalata represented the buyer, Boeing V, LLC, a private

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