In The Spotlight Archives

Stephanie Sandro named director of operations for Cushman & Wakefield

Stephanie Sandro, Cushman & Wakefield

Stephanie Sandro has been named Director of Operations for Cushman & Wakefield of Arizona.  A proven administrative leader in a variety of industries, Sandro will oversee the financial, administrative and human resources operations for the company in Arizona. Sandro brings to Cushman & Wakefield more than 12 years of operational leadership, having most recently served… Read More →

Second annual Kelly’s Kup registration is now open

Kelly's Kup1 2013, WEB

Caretaker Landscape and Tree Management presents Kelly’s at Southbridge’s second annual Kelly’s Kup Charity Golf Tournament, held at McCormick Ranch Golf Club on Monday, September 8. Proceeds from this event will benefit the Scottsdale Charro Foundation, a 501C3 which supports Scottsdale youth, education and local charities. Kelly’s Kup  is a four-person scramble with a twist:… Read More →

Cox Communications building to be redeveloped as apartments

Cox building

ORION Investment Real Estate announced Thursday night the closing of a single-story office/warehouse building, located at 160 S. MacDonald in Mesa, Arizona for $750,000 to Cardinal Capital Management, Inc. “The buyer plans to redevelop the site into an apartment community and wanted to be close to the future light rail stations,” says Nick Miner, Vice… Read More →

Paul Johnson Drywall, Inc. partners with Younger Scaffold & Supplies, LLC

123RF.com, Copyright: valeriylebedev

Paul Johnson Drywall, Inc. (PJD) has established a new vendor partnership with Younger Scaffold & Supplies, LLC. (Younger). The agreement requires that Younger will provide heavy-duty scaffolding, safety training and inspections of the equipment onprojects where PJD crews are working. As one of Arizona’s largest drywall contractors, PJD is creating a more efficient and safe… Read More →

Colliers completes $1.9M sale/leaseback for Arrowhead Health Centers in Surprise

Arrowhead Health Centers, Colliers, WEB

Colliers International in Greater Phoenix recently completed a sale/leaseback transaction for Arrowhead Health Centers’ location in Surprise for $1.9 million, or $309 per square foot. A buyer from Brooklyn, New York, purchased the property, 17061 N. Avenue of the Arts, suite 100, from Scottsdale Office Properties (formed by Arrowhead Health Centers). Marc Bonilla, vice president… Read More →

TradeCor purchases SAARS building for $2.1M

SAARS, WEB

Cassidy Turley announced the $2.1 million ($247.06/psf) sale of SAARS Building, a Class-B office building at 4221 N. Scottsdale Rd. in the Scottsdale, Ariz., submarket. Phoenix-based 4221 Scottsdale LLC / TradeCor LLC purchased the property from Scottsdale-based Scottsdale Area Association of Realtors (SAARS). Cassidy Turley Managing Director Mark Bramlett, Executive Managing Director Eric Wichterman and… Read More →

The Land Advisors Organization reports recent deals

CANYONS AT WHETSTONE | Benson, Arizona Offering: 795.69 acres Location: East side of Highway 90, south of Interstate 10 in Benson, Cochise County, Arizona Sales Price: not disclosed Seller: National Bank of Arizona Buyer: El Dorado Benson, LLC Agents: Greg Vogel, Will White, Waseem Hamadeh and John Carroll 801 NORTH ARIZONA AVENUE | Chandler, Arizona… Read More →

Alliance Residential promotes leaders to President, COO and CFO roles

Jay Hiemenz, Alliance Residential

Alliance Residential, a national multifamily acquisitions, development, construction and management company, announced the promotions of V. Jay Hiemenz to President and Chief Operating Officer, and Bob Weston to Chief Financial Officer. These leaders will oversee operational and financing efforts respectively, of the company’s approximate $2 billion production pipeline and 70,000 units under management. “Alliance is… Read More →

Chandler opens RFP for retail, entertainment

rsz_chandler_logo

The City of Chandler is looking for proposals to add mixed use development, including retail and entertainment to its downtown. The City has opened a Request for Proposals (RFP) for the 4.6-acre property located on the southwest corner of Chandler Boulevard and Arizona Avenue commonly known as Sites 1-2-3. This property acts as the northern… Read More →

Design firm brings ‘lifestyle experiences’ to multifamily properties

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Developing apartments just isn’t what it used to be. Today’s renter is a hipper, more sophisticated and savvier-than-ever consumer seeking affordable living spaces that are designed with their lifestyle in mind. The boring beige apartment complexes that saturate our Phoenix skyline have given way to design-oriented places to live that are being styled – and… Read More →

Online advertising co-op signs lease at SkySong 3

SkySong III

An advertising innovator changing the way companies advertise online will set up shop at SkySong 3 early next year. The company, adhesive.co, is relocating from east Indian School Road and will begin its five-year lease at SkySong on January 1, 2015. The layout of the space will be in line with the online ad company’s philosophy of a creative and collaborative environment.… Read More →

Triple-net leased Fresenius Medical Care Building sells for $1.75M

Fresenius Medical Care Building, Colliers, WEB

Colliers International in Greater Phoenix has recently completed the sale of the triple net leased Fresenius Medical Care Building in Chandler for $1.725 million, or $232 a square foot. Prescott-based Cowboy Town, LLC, purchased the building, located at 912 W. Chandler Blvd., from 912 A&D Chandler, LLC, of La Habra, Calif. This facility, used as… Read More →

Culinary Dropout concept comes to Tempe this fall

Courtesy of Fox Concept Restaurants

Fox Restaurant Concepts (FRC) and development partner, Brian Frakes, plan to open the first East Valley Culinary Dropout location in October 2014 on First Avenue and Farmer Avenue in Tempe, Ariz. Known for their innovative restaurant concepts, FRC is planning their largest project to date with this Culinary Dropout location at Farmer Arts District at… Read More →

Cresa executes disposition and new lease for 3M Company

Tenant representation firm Cresa announced that it had executed the disposition of a 270,890 SF building and 42 acres of land for $31.91 million in Ontario, Calif., for 3M Company. As part of the transaction, Cresa Phoenix negotiated a 10-year lease on a 454,877 SF distribution facility to be constructed on a vacant parcel nearby.… Read More →