Other Archives

Gracie Barra Jiu Jitsu school signs long-term lease

Gracie Barra

Cushman & Wakefield of Arizona, Inc. negotiated a creative, long-term lease for an international martial arts client, finding it a new home in an industrial building. The lease is part of an overall trend for destination retail users to select more cost-effective industrial space. Gracie Barra, a global Brazilian Jiu Jitsu school, signed a long-term… Read More →

Sundt to redevelop Pima Animal Center in Tucson

kitten

Sundt Construction, Inc. was selected as the Construction Manager at Risk (CMAR) for the redevelopment of the Pima Animal Care Center in Tucson, Arizona. Once completed, the project will replace most or all of Pima County’s outdated animal care center originally built in 1968, when the County  had less than a third of its current resident population… Read More →

Velocity Retail recent August transactions

Park West Shopping Center

The following is a summary of recent retail transactions completed by Velocity Retail Group, LLC. Anytime Fitness opening in northeast Phoenix Michael Clark, Larry Miller and John Jackson from Velocity Retail represented the landlord, Scottsdale Land Company, LLC, an entity of Wadsworth Development, in the 5,955 square foot 10-year transaction at the northeast corner of Thunderbird… Read More →

Cashen signs two leases within their 1,700,000 SF portfolio

123rf:  Andriy Popov

The first lease was signed at Mesa Fiesta Center located at Alma School Road and the U.S. 60 in Mesa.  A 25,000 s.f., ten year lease was finalized with the Feed My Starving Children organization.  The charity feeds 1,000,000 starving children around the world each year in 70 countries.  In 2014, they had over 900,000… Read More →

Cresa negotiates on behalf of Southwest Jet Center

Photo: http://southwestjet.com

Southwest Jet Center, owner of the largest private hangar at Scottsdale Airpark, recently purchased 73,826 SF on 5.6 acres of land at Phoenix-Mesa Gateway Airport, 5615 South Sossaman Road, in Mesa. Chris Walton, Gary Gregg, Eric Walker, and Ryan Burkett of Cresa Phoenix represented the buyer. The landlord, GE Capital, was represented by JLL. “We… Read More →

Tucson IDA issues RFP for 2 acres in downtown

An Aerial Shot of Downtown Tucson, Arizona

Today the Industrial Development Authority of the City of Tucson, Arizona, aka the Tucson IDA, issued a Request for Proposals for the property commonly known as “Block 175”, which is approximately 1.943 acres located in the heart of downtown Tucson. Marilyn Robinson, the Tucson IDA’s president, said, “The Tucson IDA believes that the timing for… Read More →

Sundt to build temporary lodging at Luke AFB

Luke AFB, Sundt, WEB

The U.S. Air Force 56th Contracting Squadron recently selected Sundt Construction, Inc. as the general contractor for a new temporary lodging facility at Luke Air Force Base in Glendale, Ariz. The $8.9 million, 42,000-square-foot project includes construction of four single-story lodging facilities with 28 units, providing Air Force personnel with short-term, quality housing accommodations as… Read More →

LGI Homes Arizona buys 151 lots in Buckeye

Sundance Lots_LGI Homes, Cassidy Turley, WEB

Cassidy Turley announced the sale of 40 finished and 111 platted lots in the master-planned subdivision of Sundance, located in Buckeye, AZ. LGI Homes Arizona, LLC (NASDAQ: LGIH) purchased the lots for $3.9 million. The seller was Kaufman Capital Sundance, LLC. Cassidy Turley Vice Presidents Brian Rosella and Will French negotiated the transaction on behalf… Read More →

Green Street Communities pursues five infill projects

Derek Jarr, Green Street Communities

Phoenix’s hard-hit residential real estate market has shown signs of recovery the last two years, but through the worst of it, Green Street Communities, Inc. (GSC) has provided stability where others in the industry could not. Local residents looked to GSC to bring revenue to local contractors, create jobs for local workers and improve desirability… Read More →

Seven homebuilders to construct at Verrado

Victory Rendering

The newest phase of residential development in the Heritage District at Verrado includes seven of Arizona’s most respected homebuilders, adding more than 630 homes to DMB Associates’ Buckeye community, now celebrating its 10th anniversary. These seven builders, selected for their commitment to quality and design, will offer a mix of residential options. This group of… Read More →

New to Market: Noah Webster School – Pima Campus

Courtesy of Adolfson & Peterson Construction
February 18, 2014 by in AZRE Magazine | Construction | New to Market | Other

Developer: Noah Webster Schools & Salt River Devco General Contractor: Adolfson & Peterson Construction Architect: Adolfson & Peterson Construction Location: Pima & Jackrabbit roads, Scottsdale Size: 51,502 SF Value: $5.4M Completed date: July 2014 Project Description: The two-story framed K-6 charter school facility will feature 32 classrooms, including music and art rooms, a multi-purpose gym… Read More →

CPI Leases Location for 94,500 SF Scale Racing Sports

PHX-Karting,-CPIweb

Commercial Properties Incorporated (CPI) recently announced the lease of a 94,500 SF, former Big K-Mart location at the Greenway Shopping Center in northwest Phoenix. Josh Gosnell and Trent Rustan of CPI’s Retail Team represented the tenant, Scale Racing Sports, LLC, in the lease of 3401 W. Greenway Rd. in Phoenix, on the corner of 35th… Read More →

Construction Beginning For New Phase At Pinnacle Pointe

rsz_pinnaclepointejuly

  Family Development has announced that construction is about to begin for the first phase of new home designs in the luxury community of Pinnacle Pointe in North Scottsdale. The progress follows robust sales of the previously built homes as well as swift presales of the brand new product. “After spending a lot of time… Read More →

General Motors Selects Chandler as Site of its 4th IT Innovation Center

rsz_chandler_logo

    General Motors together with Gov. Jan Brewer, Chandler Mayor Jay Tibshraeny, the Arizona Commerce Authority (ACA) and the Greater Phoenix Economic Council (GPEC), announced today GM has selected Chandler as the site of its fourth Information Technology Innovation Center. These IT Innovation Centers enable GM to in-source the company’s innovation capabilities, strengthening its… Read More →