Featured Archives

Failed condo project re-assembled from 57 ownership groups

Southern Ridge

ABI Multifamily, a multifamily brokerage and advisory services firm, announced the sale of Southern Ridge, an apartment community platted as individual condos, located in Mesa, Ariz. The 113-unit garden-style community was originally built in 1985. Southern Ridge sold for $6,510,000, which reflects a price of $57,610 per unit. The sale is one of three significant… Read More →

Want to Honor Veterans? Help Them Start Careers

veterans

It’s Veteran’s Day. It’s a day for parades, for speeches, and for thanking those who put their lives on the line to protect us and our way of life. It’s also a day with a history of contradictions. What we celebrate as Veteran’s Day began in 1919 as Armistice Day. It marked the cease fire… Read More →

Kale & Clover: Mindful Kitchen coming to north Scottsdale

Chef Chris Mayo

Restaurateur German Osio and his team at Osio Culinary Group announced Monday the opening of their fourth restaurant, Kale & Clover: Mindful Kitchen. Kale & Clover is set to open in December at 20511 N. Hayden Rd. at Hayden Peak Crossing in Scottsdale, the same shopping plaza as Osio’s sister restaurant, Local Bistro. Kale &… Read More →

HFF closes $12.45M sale of Tempe distribution center

HFF, WEB

HFF announced Monday that it has closed the sale of Normal Junction Distribution Center, a two-building, 140,314 SF distribution center in Tempe, Ariz. HFF marketed the property on behalf of the seller, American Realty Advisors.  Industrial Property Trust purchased the center for $12.452 million free and clear of existing debt. Normal Junction Distribution Center is… Read More →

Mountainview Apartments sold in Phoenix

Mountainview Apartments
November 10, 2014 by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Cooper, Cardinal and Company LLC, a boutique multifamily investment brokerage firm with headquarters in Phoenix, recently closed the transaction for Mountain View Apartments, a 26-unit turn-key multi-family community located in Phoenix, Arizona near the I-17 and Metrocenter Mall.  The sale price of $800,000 represents a capitalization rate of 6.5 percent on Proforma income. It equates… Read More →

Physician-owned MOB under construction near Chandler Regional

Proposed rendering, courtesy of Ensemble

Construction is underway on a new state of the art medical office building, located at 77 S. Dobson Rd. in Chandler, Ariz. Construction began on the 17,500 SF, one-story building in June 2014 and is set to complete by the end of December. Once finished the new building’s owner, Premier Cardiovascular, will occupy 8,800 SF… Read More →

Cornerstone of Super Bowl Central unveiled

Giant Host Committee Visit Phoenix Football Unveiled in Downtown Phoenix

With 83 days until the kick-off of Super Bowl XLIX, the Arizona Super Bowl Host Committee and Visit Phoenix today are unveiling a super-sized football mounted in Downtown Phoenix, which will serve as the cornerstone for Super Bowl Central. Towering more than 20 feet high, it measures more than 32 feet around, and weighs in… Read More →

Valley Partnership, CRE community transform Perry Rehabilitation Center

Photo by Shavon Rose/AZ Big Media

On a sun-splashed fall morning, more than 200 volunteers traded their business attire for work clothes to help transform the Perry Rehabilitation Center at the Arizona Foundation for the Handicapped (AFH). The occasion was Saturday’s 27th annual Valley Partnership Community Project. Each year, Valley Partnership undertakes a community project benefitting a nonprofit organization and dedicates… Read More →

Funkhouser Appointed to GPEC Ambassador Committee

David Funkhouser

The national law firm of Quarles & Brady LLP announced that David E. Funkhouser III, a partner in the firm’s Phoenix office, has been appointed to the Greater Phoenix Economic Council (GPEC) Ambassador Steering Committee, which is focused on ensuring GPEC’s Ambassador Program aligns with the organization’s key objectives and mission.  Members of the Steering… Read More →

Roshka DeWulf & Patten earns recongnition

gavel

Roshka DeWulf & Patten, a Phoenix-based business law firm representing clients in litigation and regulatory issues, announced the firm has been ranked among the 2015 “Best Law Firms” by U.S. News & World Report and Best Lawyers®. Roshka DeWulf & Patten achieved first-tier ranking both nationally and in the Phoenix Metro area. Firms included on… Read More →

Rawhide Serves Up Spectacular Thanksgiving Buffet

rawhide_photo

The chefs at Rawhide Western Town and Steakhouse will be cooking up a storm this Thanksgiving holiday in true western style, inviting families and visitors to celebrate the spirit of the season, enjoy the hometown hospitality and indulge in a holiday meal that’s guaranteed to please the palate. On Thursday, November 27th from 11:00 am… Read More →

GoDaddy Helps Small Businesses Create Online Stores

online

GoDaddy, the world’s largest technology provider dedicated to small businesses, today announced the new GoDaddy Online Store, a product designed to make it easy for small businesses to create an e-commerce presence and sell products online. GoDaddy Online Store is the latest milestone in GoDaddy’s ongoing commitment to bring quality products and industry-leading platforms to… Read More →

Orion Health opens development center in Scottsdale

health,informatics

Orion Health, a population health management company, announced the opening of its new development center in Scottsdale. The Orion Health ‘Center of Excellence’ will serve as the company’s North American research and solution center, supporting big data analytics technology development, focused on providing decision support to clinicians and patients, and solution support for clients’ population… Read More →

First Solar is adding 45 million kWh of clean electricity

Solar Power

First Solar, Inc. and BELECTRIC announced that they have broken ground on a new 46 megawatt (MWDC) utility-scale power plant, in Oxfordshire, Southern England. When completed, the facility will produce 45 million kilowatt-hours (kWh) of clean solar electricity per year, sufficient to power approximately 14,000 average homes or approximately 25% of the estimated 55,400 households… Read More →