Site Selection Archives

Tactical equipment manufacturer buys 8.16 acres in Peoria

TYR Tactical
by in AZRE Magazine | Site Selection

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 8.16 acres of land located on the Northwest corner of 91st and Olive Avenues in Peoria, Arizona. Chad Dearmore represented the Seller, Narazona Corporation and Scott Truitt, of Western Land Company, LLC represented the buyer. Dearmore put… Read More →

Homes by Towne purchases 10 acres for $1.99M

Homs by Towne
by in AZRE Magazine | Site Selection

Cushman & Wakefield announced Monday Homes by Towne purchased ±10 acres at 40th Street and Lone Mountain Road in Phoenix for $1.99 million. The homebuilder plans to develop 20 lots with an average size of 80-feet by 130-feet. Cushman & Wakefield Vice Presidents Brian Rosella and Will French represented the seller, 45 Lamar LLC of Phoenix.… Read More →

Construction on tribal lands: Ready, set, build

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There are 22 federally recognized Native American tribes, communities and nations within Arizona’s borders, encompassing thousands of acres of protected or preserved land across the state. While some areas may never be available for development because of cultural ties to the tribes, a lot of opportunity for future projects exist. Knowing how to develop on… Read More →

Santé to open senior healthcare facility near Westgate

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Scottsdale-based senior housing and healthcare firm, Santé will open a new, 172-unit mixed-use senior healthcare facility in Glendale near Westgate called Santé of Westgate. Santé of Westgate will have short-term rehabilitation skilled nursing care, assisted living services and Alzheimer and dementia care services. It will also provide outpatient rehabilitation services, hospice and home health services to… Read More →

Redevelopment site in Old Town Scottsdale sells for $22.6M

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CBRE has completed the sale of a commercial property poised for redevelopment, which is located at the southeast corner of Camelback and Scottsdale Roads in Old Town Scottsdale. The sale of the ±2.72-acre site (±118,630 square feet) included the ±67,691-square-foot multi-tenant office property at 7201 E. Camelback Road and the ±1,020-square-foot retail property located at… Read More →

NAIOP selects 12 young professionals for mentor program

123rf.com: Konstantin Chagin

The 2015-2016 NAIOP Arizona Developing Leaders Mentor Program protégés have been announced, and the 12 young professionals come from all corners of the Valley’s commercial real estate industry. Each protégé was selected to participate in the year-long program in which they will attend educational seminars and complete a full scale development project by the end… Read More →

Practice Management Specialists relocates to Mesa

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CBRE has announced the signing of a ±16,380-square-foot office lease at 4435 E. Holmes Avenue in Mesa, Arizona. Practice Management Specialists, a local business service provider for dental practices, will relocate its corporate headquarters to the newly leased building at the end of this year. Jamie Swirtz with CBRE’s Phoenix office negotiated the long-term lease… Read More →

Downtown Phoenix Inc. relocates to CityScape

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Downtown Phoenix Inc. (DPI) will be relocating its office to CityScape Phoenix where, for the first time, it will centrally house all affiliate organizations such as Downtown Phoenix Partnership and Phoenix Community Alliance as well as the Downtown Phoenix Ambassadors Info Center. The 7,526 square-foot, second-story office space on the mezzanine level at CityScape, allows Downtown… Read More →

NAIOP members’ office and industrial projects

SkySong, The ASU Scottsdale Innovation Center — SkySong 4

Project profile criteria per NAIOP: Property must be owned or have non-refundable earnest money in escrow by 8/1/15. Property must have a color site plan and color rendering completed. Property must have proper zoning in place. Property must be bigger than 100,000 square feet Amkor Headquarters  Developer: Ryan Companies US, Inc. General Contractor: Ryan Companies… Read More →

Voltmarc Technology locates its headquarters in Scottsdale

Voltmarc

Voltmarc Technology serves the real estate industry and specializes in electrical circuit tracing and load reading for all types of buildings and facilities. Voltmarc’s patented technology allows the company to differentiate itself in the marketplace by never needing to turn circuits off. Building tenants and occupants, such as office employees or hospital patients, will never… Read More →

Desert Troon named 25-Year concessionaire of Scorpion Bay

Desert Troon

Desert Troon Companies, a Scottsdale-based real estate development and investment firm, is has announced that the Maricopa County Board of Supervisors has approved the transfer of the Concessionaire Management Agreement for Scorpion Bay Marina at Lake Pleasant Regional Park from Skipper Marine to Desert Troon Companies. The agreement names Desert Troon Companies as a concessionaire until 2040,… Read More →

4-acre site approved for industrial development in Chandler

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The city of Chandler’s Mayor and city council gave a unanimous green light for future development of a nearly 4-acre land parcel on Gila Springs Place, west of Kyrene Road for future industrial development. The property lies within the Paloma Kyrene Business Community. A request was made for rezoning from Planned Area Development (PAD) for… Read More →

W.J. Maloney adds spring training complex to list of projects

Photo courtesy of Plumbing Underground

W.J. Maloney Plumbing has announced the addition of the Surprise Spring Training Complex to its roster of projects. The major and minor league clubhouses for both the Texas Rangers and the Kansas City Royals are undergoing a $22 million remodeling and expansion project, expected to be completed in February 2016. W.J. Maloney Plumbing is relocating… Read More →

NAIOP Arizona’s Annual Roundtable

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NAIOP, a Commercial Real Estate Development Association, announced its decision to add retail to its foundation of office and industrial sector resources. This, among other topics, made it onto the table at the 2015 roundtable discussion held by leading members of the Arizona chapter. NAIOP-AZ members gather every year around a table, not necessarily a round… Read More →