Blogs Archives

$21M Tucson retirement community breaks ground

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The Weitz Company, a design and construction firm, broke ground for Hacienda at the River, a $21 million Watermark Retirement Communities, Inc. and The Freshwater Group of Tucson project. “The Weitz Company was honored to be selected to build this progressive retirement community that will provide the best possible care for its residents,” said Chris… Read More →

Camelback Uptown retail space sells for $1.78M

Photo by Robin Sendele, Az Big Media
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Cushman & Wakefield has sold Camelback Uptown, located at 51 and 101 E. Camelback Rd. in North Central Phoenix, for $1.78 million. The transaction includes a land lease and the retail improvements for a Bank of America branch and Sauce restaurant. Cushman & Wakefield Senior Director Greg Valladao represented the buyer, 1058 Munras Properties, LP… Read More →

Mayor Stanton honored with Lifetime Achievement Award

Champions18 Greg Stanton
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On Thursday, December 3rd 2015, Child & Family Resources honored City of Phoenix Mayor Greg Stanton with a Martha K. Rothman Lifetime Achievement Award for his work over many years advancing the causes of children and families in Arizona. Held at the University Club in Phoenix, Champions for Children & Families brought together nearly 100… Read More →

A-1 Garage Doors Relocates and Expands in Tempe

A-1 Garage Door
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Cushman & Wakefield announced that A-1 Garage Door Services has relocated to 2405 W. University Dr. in Tempe in order to expand its operations in the Valley. The company subleased 16,675 square feet of space at Park Lane North, an industrial facility located in Northwest Tempe. This lease more than doubles A-1 Garage Door Services’… Read More →

2015 AIA Arizona Design Awards announced

2015 AIA Design Awards Ceremony at Phoenix Art Museum

The Arizona component of The American Institute of Architects announced the 2015 Design Award Winners, recognizing excellence in design, planning and construction of projects designed by AIA Arizona architects registered and licensed in the State of Arizona. Selected from 93 submissions, 28 recipients were recently honored at The Phoenix Art Museum. The award recipients were chosen… Read More →

Brelby Theater Company wins FirstBank contest

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Brelby Theatre Company, a Glendale-based company that produces professional live theatrical shows and operates classes and workshops, has been named the winner of the “FirstBank $20,000 Elevator Pitch Business Contest.” Brelby Theater Company representatives learned they won on Friday morning when representatives of FirstBank arrived at the theater with an oversized check and balloons.  The… Read More →

Centrica signs global banking giant to 10 year deal


In one of the largest Arizona real estate transactions of 2015, Centrica, an adaptive reuse project by Phoenix Rising Investments, LLC (PRI) signed a 10-year lease for their entire 117,000 square foot project. Banco Santander’s US Consumer group subsidiary, Santander Consumer USA Holdings, Inc, will move into Centrica in the New Year, netting Mesa’s Fiesta… Read More →

Phoenix retail development makes a slow comeback


The retail land market in the Phoenix area is waking up from its nearly seven year dormancy. While sales and development for retail pads and in-fill parcels has been at an all-time high, the development of new shopping centers has remained at a stand-still – and with good reason. The housing boom and subsequent bust… Read More →

15 Things You Must Drink in Phoenix

Top Drinks Headline Photo

When it comes to drinking the night away, there are a few cocktails that reign supreme. Today, the editorial staff of AZ Big Media would like to present the 15 essential drinks that every connoisseur of Arizona nightlife — or day drinking — has to try before they die. We’re not including any PBRs or… Read More →

CBRE releases recent transaction report Oleg Dudko
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CBRE’s Tucson office has released the following transaction report for the last two weeks: LEASES Duffield, Miller, Young, Adamson, and Alfred PC have leased 6,926 square feet of office space at 3430 E Sunrise Drive from United Insurance Company of America. The tenant was self-represented. David Volk with CBRE’s Tucson office represented the landlord. Tula… 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 →

Cushman & Wakefield | PICOR October transactions feverpitched
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SALE Brad Dorsey Investments, LLC purchased a 6,000 square foot industrial building on 4.50 acres at 3911 N. Highway Dr. in Tucson from Highway Drive, LLC for $725,000.  Rob Glaser, SIOR, CCIM, and Pat Welchert, SIOR, Industrial Specialists, with Cushman & Wakefield | PICOR, represented the seller and Mike Hennessy with Burris, Hennessy & Co.,… Read More →

Marcus & Millichap sell three properties totaling $10.75M


Ventana Medical Systems Inc. Marcus & Millichap announced the sale of Ventana Medical Systems Inc., a 60,000-square foot net-leased property located in Marana, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $8,600,000. Mark Ruble and Jamie Medress, investment specialists in Marcus & Millichap’s Phoenix office, had the… Read More →

IDT911 expands headquarters at Riverwalk in Scottsdale

Riverwalk Building North
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Cushman & Wakefield announced that IDT911 signed a long-term lease extension and is expanding its operations at Riverwalk Arizona, 7580 N. Dobson Rd. in Scottsdale, AZ. Mark Seale, Senior Director with Cushman & Wakefield, represented IDT911 in the lease negotiations. The landlord, The Alter Group of Chicago, was self-represented. The tenant, a leading B2B identity… Read More →