Business News Archives

California Developer Enters Phoenix Market With $6.95M Industrial Buy

420 S 53rd Ave, WEB
February 6, 2014 by in Brokerage | Business News

Overton Moore Properties (OMP), a Gardena, Calif.-based development company purchased a 127,680 SF warehouse facility at Freeport Center, 420 S. 53rd Ave., Phoenix for $6.95M ($54.43 PSF). The price included a 2.09 acre site adjacent to the building. The recently closed transaction marks Overton Moore’s entry into the Phoenix commercial real estate market. OMP acquired… Read More →

Cushman & Wakefield Awarded USA Place Leasing Assignment

USA Place rendering, WEB
February 6, 2014 by in Brokerage | Business News | Newsmakers

Cushman & Wakefield of Arizona, Inc. has been awarded the exclusive retail leasing assignment of 180,000 SF at USA Place, a 10.7-acre mixed-use development that will serve as the new home of USA Basketball. “This project will be a draw to a diverse group of consumers,” said Summer Jackson, associate director with Cushman & Wakefield’s… Read More →

Rural/Metro Corp. Selects Pima Office Pavilion in Scottsdale for HQ

PimaCM, Transwestern
February 6, 2014 by in Brokerage | Business News

Transwestern announced Wednesday it brokered a long-term lease with Rural/Metro Corp. for 90,500 SF of Class-A space in the Pima Office Pavilion. The Scottsdale-based provider of private ambulance and fire protection services in 21 states and nearly 700 communities will establish its new national headquarters at the Pavilion, located at 8465 N. Pima Rd. “Rural/Metro… Read More →

Lovitt & Touché Launches Private Healthcare Exchange

February 6, 2014 by in Business News | Events | Healthcare

Lovitt & Touché today announced the launch of ClearPath Prime, a newly designed private exchange that allows employers to manage the selection of employee healthcare benefits. An industry leading technology platform, ClearPath Prime is designed for employers to customize a menu of benefit options, allowing employees the flexibility of determining the plan that best suits… Read More →

Banner Health completes acquisition of Casa Grande hospital

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Banner Health and Regional Care Services Corporation, the parent company of Casa Grande Regional Medical Center (CGRMC), have signed an Asset Purchase Agreement (APA), an important milestone that moves the acquisition process of Casa Grande Regional Medical Center by Banner forward. The APA describes the financial details of the acquisition. The completion of the APA… Read More →

Discount LPGA tix benefit local hospitals

golf
February 6, 2014 by in Business News | Events | Sports

The LPGA Founders Cup has teamed up with Scottsdale Healthcare to donate 100 percent of proceeds to charity from Good Any Day Tickets and Weekly Badges purchased through ScottsdaleHealthcareTickets.org for the LPGA Founder’s Cup, March 18-23 at Wildfire Golf Club at the JW Marriott Desert Ridge Resort and Spa. The charity ticket program offers a… Read More →

Gore Launches Expanded Treatment Portfolio

healthcare

W. L. Gore & Associates, Inc. (Gore) has announced the Australia and New Zealand launch of an expanded treatment range, including lower profile components for the GORE® EXCLUDER® AAA Endoprosthesis used to treat abdominal aortic aneurysms (AAAs). The 31 mm trunk-ipsilateral component and 32 mm aortic extender will be used with an 18 Fr and… Read More →

Squire Sanders' Crabb Earns All-Star Status

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Squire Sanders announced that Phoenix-based Partner Joe Crabb has been selected, for the second year in a row, by corporate counsel to the 2014 BTI Client Service All-Stars list. This recognition is awarded to lawyers in the US who differentiate themselves from all others, through excellence in client service. Joe is one of only 56… Read More →

DAUM Commercial Real Estate Release Recent Transactions

5225 S. 31st Place
February 5, 2014 by in Brokerage | Business News

DAUM sells Southern Gardens Industrial Park DAUM Commercial Real Estate Services announced that it represented the seller, RJK Realty LLC, in the sale of a 28,918 SF industrial building located in Phoenix. Steve Bodeman of DAUM’s Phoenix office represented the seller in this $1.3M transaction. The building is located at 5225 S. 31st Place in… Read More →

Scottsdale Healthcare recognized for energy efficiency

clear energy systems coming to tempe

Scottsdale Healthcare’s continuing investment in energy efficiency is paying off, with Arizona Public Service Co. recognizing the local nonprofit hospital system for reduced energy use. An upgrade to the heating, ventilation and air conditioning systems at the Scottsdale Healthcare Greenbaum Surgery Center last fall resulted in a significant reduction in energy needs and earned a… Read More →

Panel will discuss Cybersecurity at GPEC

February 5, 2014 by in Business News | Events | Legal | Tech

Members of Arizona’s business community are invited to the February meeting of the Arizona Aerospace & Defense Forum for a discussion centered on cyber-security including risks, trends and what businesses need to keep their businesses safe and secure online. This event will be hosted at the offices of Greater Phoenix Economic Council (GPEC) located at… Read More →

Szkatulski Joins Sherman & Howard’s Scottsdale Office

Sherman & Howard L.L.C. announced the addition of Jennifer Szkatulski to its Scottsdale office.  Jennifer, who has practiced at the firm as a consultant since 2012, will join the firm’s estate planning group as an associate. Sherman & Howard’s estate and tax planning attorneys work with high net worth individuals, families, business owners, entrepreneurs and… Read More →

6 Maricopa Community Colleges among nation's best

Six Maricopa Community Colleges have been recognized by the Aspen Institute as being among the nation’s 150 top community colleges. Phoenix College and Estrella Mountain, GateWay, Paradise Valley, Scottsdale, and South Mountain Community Colleges can compete for the 2015 Aspen Prize for Community College Excellence and $1 million dollars in prize funds. The award, given… Read More →

Cassidy Turley Sells Tatum Plaza for $8M

Tatum Plaza, WEB
February 4, 2014 by in Brokerage | Business News

Cassidy Turley announced that Los Angeles-based FS Tatum Plaza, LLC (Westwood Financial) acquired Tatum Plaza, a 29,460 SF neighborhood retail center for $8M ($270 PSF). The seller was Cave Creek and Tatum, LLC (Park West Partners). Executive Managing Directors Ryan Schubert and Michael Hackett with Cassidy Turley’s Retail Capital Markets Group negotiated the sale transaction.… Read More →