Brokerage Archives

P.B. Bell adds marketing director and project managers

123rf.com: Jakub Jirsak
by in AZRE Magazine | Brokerage

Real estate management firm, P.B. Bell, added a trio of industry professionals to its corporate team based in Scottsdale. Arian Ploszaj has joined P.B. Bell as marketing director, while Tim Donhauser and Trey Brandt have been named as new development project managers. Ploszaj brings more than 10 years of commercial marketing experience to P.B. Bell, a… Read More →

SVN kicks off quarter with $16.9M in leases

SVN
by in AZRE Magazine | Brokerage

Desert Commercial Advisors in Phoenix are in warp speed in lease transactions across the valley.  The retail and office divisions have started out with over $16.94 million in lease transactions to begin the first 2 weeks of April 2016. The Chandler Crossings developments have seen success as Alamo Cinema Draft House and Dairy Queen close… Read More →

CBRE completes $13.1M sale of Tri-City Pavilions

TriCityPavilions.jpg
by in AZRE Magazine | Brokerage | Retail

CBRE has completed the sale Tri-City Pavilions located at the northeast corner of Dobson Road and Main Street in Mesa, Ariz. The ±96,336-sq.-ft., Safeway-anchored shopping center commanded a sale price of $13.1 million. Bob Young, Glenn Smigiel, Steve Brabant and Rick Abraham with CBRE’s Phoenix office negotiated the transaction on behalf of the seller, J.G.… Read More →

SVN talks about rebranding the company

SVN

After 29 years, Sperry Van Ness might have a new look and a new name, but the company’s dedication to openness, transparency and collaboration remains steadfast. SVN | Desert Commercial Advisors Designated Broker Perry Laufenberg, who closed approximately $60 million in transactions in the fourth quarter of 2015, discusses how the company’s rebranding will push… Read More →

Canadian firm acquires GPE companies

phoenix

Canadian-based real estate services firm, Avison Young, acquired Phoenix-based GPE Management Services, and the newly merged firm is opening up offices here in Phoenix. Avison Young’s new Phoenix office is located in downtown Phoenix at 2777 E. Camelback Rd., Suite 230. The new offices will be Avison Young’s first location in Arizona, and 52nd office in the U.S., and is another… Read More →

NAI Horizon team sells Galeria Del Rio

nai
by in AZRE Magazine | Brokerage

Justin Lanne and Mike Chapman of the NAI Horizon Tucson Multi Family Brokerage Team have sold the Galeria Del Rio, a 101 Unit apartment community located at 5132 Prairie Clover Trail, Tucson, Az. The Purchaser was an entity of Rincon Partners LLC (CPG Capital LLC) based in Scottsdale, AZ. The Seller was River Commons LLC… Read More →

CRE leaders win big at 2015 Best of NAIOP

NAIOP
by in AZRE Magazine | Brokerage

Bob Mulhern, senior managing director at Colliers International, was honored with the Award of Excellence at the 2015 Best of NAIOP last week at the Arizona Biltmore. A NAIOP member since 1994, Mulhern served on the Arizona Board of Directors for 14 years, including stints as president and chairman in 1996. He is currently chair… Read More →

PICOR announces Tucson leases

123rf.com: Vitaliy Vodolazskyy
by in AZRE Magazine | Brokerage | Industrial | Retail

PICOR, a Cushman & Wakefield member, announced a string of recent leases that have closed in the Tucson area, including industrial and retail leases. R & G Food Services, Inc. leased 7,383 square feet in the Coach Drive Industrial Building at 4560 S. Coach Dr., Suite 100, in Tucson from Coach Holdings, LLC.  Rob Glaser, SIOR,… Read More →

Tucson sells 173 acres in Houghton Road Corridor

Houghton Road Corridor
by in AZRE Magazine | Brokerage | Public

The City of Tucson has sold 173 acres of land in the Houghton Road Corridor. One of the City’s largest land offerings in recent memory, it is part of the greater 320-acre Civano land parcel which fronts the west side of South Houghton Road, between East Irvington Road to the north and East Valencia Road… Read More →

CBRE team completes $13.8M Mill Ave. sale

Mill Avenue
by in AZRE Magazine | Brokerage | Retail

A two-property portfolio which takes up two corners of Mill Avenue and 5th Street in Tempe sold for $13.8 million. The properties were approximately 79 percent occupied at the time of sale. CBRE Executive Vice President Philip D. Voorhees and Vice President Brad Rable made the announcement that the National Retail Investment Group – West (NRIG-West),… Read More →

Lee & Associates broker $1.65M warehouse sale

ORION
by in AZRE Magazine | Brokerage | Industrial

A 14,728 square-foot warehouse building at 4200 E. Broadway Rd., Phoenix, sold for $1,651,000 or $112.10 per square-foot, according to Lee & Associates. Lee & Associates Arizona brought both sides of the deal to the table. Matt Hobaica, principal, represented the buyer, KJB Supply Co., while Jeff Conrad and Andy Ogan, principals, represented the seller, John… Read More →

New York firm purchases Phoenix Corporate Center

Corporate Center
by in AZRE Magazine | Brokerage | Office

Cohen Equities, a New York City-based real estate investment and management firm, purchased the Corporate Center located at 10400 N. 25th Ave. in Phoenix. The acquisition marks the firm’s second deal within the submarket since November 2015. Cohen Equities secured Corporate Center from CWSP-I-J, LLC, a company formed by Crown West Realty of Phoenix ­and owner… Read More →

Report: Phoenix mid-size industrial market on rise

Next Gen Industrial
by in AZRE Magazine | Brokerage | Industrial

Mid-size users are dominating the Phoenix industrial market, and the construction sector has a heavy hand in that success, according to the Phoenix office of JLL. The brokerage firm reports much of the 5.8 million square feet of industrial space absorbed in the Valley in 2015 went to mid-size users – tenants occupying somewhere between 10,000 and 50,000 square feet.… Read More →

EDU3 Ventures buys land near Tempe Town Lake

Downtown
by in AZRE Magazine | Brokerage | Mixed-Use

Colliers International in Greater Phoenix negotiated the $1.4 million purchase of 1.5 acres at 942 and 946 W. First St. in Tempe, near Arizona State University and Tempe Town Lake. The site, which consists of two parcels and a 10,200-square-foot warehouse building, is planned for a mixed-use, live/work redevelopment. Mike Milic, vice president with Colliers, represented the buyer,… Read More →