PHOENIX – ORION Investment Real Estate facilitated the sale of a fully occupied, freestanding building for $385,000, or $196 per square foot. Selling at a 10.3% cap rate, the building was NNN leased to a local daycare operator, who currently has two other locations, and went under extensive renovations in 2017. The property is located …
Orion Handles Both Sides in Local Daycare NNN Investment Read More »
SCOTTSDALE, AZ – Scottsdale-based developer SimonCRE purchased ±3.04 acres of land at the southeast corner of Williams Field Road and Val Vista Road and will develop three retail buildings totaling ±15,000-square-feet; a ±9,900-square-foot multi-tenant retail building, a 3,000-square-foot freestanding restaurant building, and a 3,009-square-foot freestanding building. The site is located approximately one mile west of …
SimonCRE Brings Exciting Concepts to SanTan Village Read More »
The following leases were reported to the Real Estate Daily News for the Phoenix Lease Report the week of September 28 thru October 2, 2015. OFFICE – 5651 W. TALAVI BLVD. & 16680 N. 51st AVE., PHOENIX Redflex Traffic Systems leased approximately 35,760-square-feet in two buildings at 5651 W. Talavi Blvd. within Talavi Corporate Center …
Phoenix Lease Report September 28 – October 2, 2015 Read More »