Real Estate Archives

$11.5M acquisition loan for lease property

Sports Authority

CBRE Capital Markets has arranged an $11.5M loan in the sale of a triple-net leased retail property leased to Sports Authority. The 50,714-square-foot property sold for $15.25M. Geoffrey Harris, with CBRE’s Capital Markets Debt & Structured Finance group in Phoenix, arranged the five-year loan on behalf of the buyer, a private investor based in Florida.… Read More →

ULI Arizona’s 10th annual Trends Day

real estate - expanding to california
January 12, 2015 by in AZRE Magazine | Real Estate

January 2015 is an important time as Arizona hosts the Pro Bowl, the Phoenix Open, and the Super Bowl – all in one week! Leveraging this energy, The Urban Land Institute Arizona District Council (ULI) 10th Annual Trends Day Conference will be held on January 28, 2015 at The Phoenician in Scottsdale. This one-day deep dive into the… Read More →

Scottsdale Horizon Shopping Center is sold

Scottsdale Horizon
January 11, 2015 by in AZRE Magazine | Featured | Real Estate

DTZ, a global leader in commercial real estate service, announced today that a Dallas based private real estate fund advised by Crow Holdings Capital – Real Estate (CHC–Real Estate) sold Scottsdale Horizon Shopping Center, a 154,766 square foot neighborhood shopping center located at 14850 N. Frank Lloyd Wright Boulevard in Scottsdale, AZ. Weingarten Nostat, Inc. (Houston)… Read More →

Colliers Int. sells Chandler Corporate Center

Main Photo_Chandler CC
January 10, 2015 by in AZRE Magazine | Featured | Investment | Real Estate

Colliers International in Greater Phoenix recently completed the sale of the Class A, 68,443-square-foot Chandler Corporate Center II, which was 100 percent occupied at the time of the sale. Palisades Capital Realty Advisors of Los Angeles purchased the building, located at 500 North Juniper Drive in Chandler, from The Rockefeller Group. Mindy Korth, executive vice… Read More →

Cushman & Wakefield negotiates $2M sale

Fate Brewing  Rendering

Cushman & Wakefield of Arizona’s Retail Services Division negotiated the $2 million sale of 1312 N. Scottsdale Rd., which will be the new home of Fate Brewing Company. Brian Kocour and Courtney Auther Van Loo of Cushman & Wakefield represented the seller, SBI Leasing Inc. of Scottsdale. Scottsdale-based real estate investor Tom Frenkel was the… Read More →

CBRE closes more than $6.4M in transactions

The Brittany
January 8, 2015 by in AZRE Magazine | Multi-Family | Real Estate

CBRE has negotiated the following multi-family sales transaction(s): Asset Preservation, Inc. from Los Angeles, California has purchased Desert Green Apartments, a 16-unit multi-family property located at 16243-16401 North 31st Street in Phoenix, Ariz., from Dramms, LLC of Poway, California. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both the buyer and the seller… Read More →

Shea Homes to open Ahwatukee luxury condos

Sandra Wilken Luxury Properties
January 5, 2015 by in AZRE Magazine | Featured | Real Estate

Shea Homes Arizona just closed escrow on 69 condominium units in WestStone’s Vantage Condominium community on the northwest corner of 5th Ave. and Chandler Blvd. in Ahwatukee. Started by WestStone in 2007, only 58 condos were built before being put up for sale. Vantage is one of the last new condominium developments in Ahwatukee and… Read More →

ULI brings urban planning to Phoenix high schoolers

Jim Belfiore still gets goosebumps when he describes ULI Arizona's UrbanPlan to his peers.

Jim Belfiore, CEO and President of Belfiore Real Estate Consulting, has spent nearly a decade volunteering to help high school students enrolled in economics classes understand the nuances of urban planning and development. In schools where UrbanPlan has been offered, enrollment in the class has “skyrocketed,” he says. Of ULI’s 52 district councils, 15 have… Read More →

Deb Sydenham: An agent of change

Podcast: GoVote Aims To Change Voter Turn Out
December 29, 2014 by in AZRE Magazine | Featured | Real Estate

Deb Sydenham joined ULI Arizona as executive director in September 2010 after nearly 20 years with the State of Arizona and nine years in the private sector. She is a graduate of Michigan State University and a member of the College of Fellows for the American Institute of Certified Planners (FAICP). In 2012, she was… Read More →

The effect of mergers on healthcare real estate

Phoenix Children's Hospital
December 26, 2014 by in AZRE Magazine | Featured | Real Estate

Healthcare in America is changing and bringing real estate with it. Healthcare networks are growing their market shares, and healthcare mergers and acquisitions have been on the rise in the first half of 2014, according to an August report by Berkery Noyes. Deal volume increased during that time by 18 percent, to the tune of… Read More →

Big Deals: Aug. 1 to Sept. 31, 2014

Big Deals
December 23, 2014 by in AZRE Magazine | Brokerage | Featured | Real Estate

There’s no such thing as a “small” deal in this industry, coming out of a recession. However, it’s the big deals, and the brokers who make them, that make the market an interesting one to watch. In every issue, AZRE publishes the top five notable sales and leases that have occurred one month out from publication based… Read More →

Kortman Electric Takes ABA Leadership Into Boardroom

kortman-featured

The Arizona Builders’ Alliance represents the collective knowledge of more than 350 contractors, suppliers and professional service firms who work in the commercial construction industry. Membership means the ability to tap into and grow with fellow leaders in the industry. For one Arizona company, ABA’s leadership classes are a family affair. The four owners of… Read More →

The Key To The Corner Office

Jeannie Nguyen

Jeannie Nguyen is a vice president and relationship manager with National Bank of Arizona’s real estate banking group in Tucson, Ariz. She specializes in investor and developer commercial real estate relationships exceeding $5M. Jeannie is the 2014 president of Tucson CREW. She is also involved with National Bank’s Women’s Financial Group and Angel Charity for… Read More →

The New Crew: AZCREW

Vicki Williams

Vicki Williams is the senior vice president of commercial real estate at Alliance Bank of Arizona, where she has worked since 2004. She is the 2014 president of AZCREW, the Phoenix chapter of CREW Network, and former chair of AZCREW’s programs committee. Williams has been the vice president on the board of trustees for Childsplay,… Read More →