Real Estate Archives

2015 Most Influential Women in Commercial Real Estate

Mike Mertes, Az Big Media

The 12 women who made AZRE’s Most Influential Women in Commercial Real Estate list are an extraordinary bunch. While that seems implied in the recognition, it’s something that goes beyond their professional achievements. Many of these women have held minimum wage jobs, slowly working through the ranks to a C-suite. A few have known the… Read More →

SimonCRE reflects celebrates five years of success

Joshua Simon, Founder, SimonCRE

In five years, SimonCRE has grown from a three-person operation to a thriving commercial real estate development firm with fifteen employees and an extensive portfolio of projects purchased and developed stretching from Oregon to Florida. Founded in 2010 by Joshua Simon, the Scottsdale-based company celebrates its five year anniversary this month. SimonCRE specializes in retail… Read More →

ABA Project Profiles: Arizona’s Finest

Arizona Cancer Center

Arizona Builders Alliance is a partnership between the Arizona chapters of the Associated Builders & Contractors (ABC) and the Building Chapter Associated General Contractors (AGC). It represents more than 250 contractors, suppliers and professional service firms in the commercial construction industry. Here are spotlight projects its members have been working on this year. Airport I-10… Read More →

AZRE Source: Planning & Zoning Update July/August 2015

123rf.com:  Ioulia Bolchakova

City of Avondale The City of Avondale has announced that the Development and Engineering Services Department has created and enabled a web based software that will allow anyone to submit applications online and receive approvals digitally. The site is called Accela Citizen Access (ACA) and Electronic Document Review (EDR). ACA & EDR allows Development and Engineering… Read More →

Two U-Haul neighborhood dealers open in Mesa

123rf.com: Ken Wolter

U-Haul International, Inc. has announced that Arrow Self Storage and Country Club Chevron has signed on as a U-Haul neighborhood dealer to serve the Mesa community. Arrow Self Storage at 1055 W. Guadalupe Road will offer U-Haul trucks, support rental items and in-store pickup for boxes. Country Club Chevron at 414 W. Guadalupe Road will offer U-Haul… Read More →

Investors drawn to success of local restaurant real estate

DosGringo

Phoenix loves its food, a characteristic that’s growing the local restaurant industry and building a strong investment story for restaurant real estate. This strength is evidenced by JLL’s recent $4.7 million Dos Gringos, Inc. restaurant portfolio sale, a multi-building deal spanning three active retail markets. JLL’s Tyson Switzenberg, John Reva, Trask Switzenberg and Matthew Berres completed the sale on behalf of Arizona-based… Read More →

Hoskin Ryan enters Northern Arizona market

GPEC Forum

Mr. Jody Stone, RLS, formerly of Geometrix LLC, has joined Hoskin Ryan Consultants Inc. (Hoskin Ryan). Under the direction of Mr. Stone, Hoskin Ryan will now service the Northern Arizona market with an office in Prescott, Arizona. Mr. Stone is a Registered Land Surveyor and an Arizona native who has over 30 years of survey… Read More →

JLL, Roger Staubach Predicting Victory for New England on Sunday

University of Phoenix, Glendale, 2015 Super Bowl

Oddsmakers see an even matchup in Sunday’s Big Game between the Seattle Seahawks and New England Patriots, but if commercial real estate statistics – and the view of a former title game MVP – are considered, Tom Brady should celebrate his fourth championship. JLL and its Americas Executive Chairman Roger Staubach are predicting a victory… Read More →

$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 →