bo mills Archives

JLL completes $39 million sale of I-10 industrial portfolio

by in AZRE Magazine | Brokerage

JLL Capital Markets today announced the firm completed the sale of the I-10 Distribution Portfolio in Phoenix on behalf of DCT Industrial. Colony Northstar purchased the portfolio, which consists of two institutional grade warehouses totaling 558,465 square feet, for $39 million. JLL Managing Directors Bo Mills and Mark Detmer and Vice president Ryan Sitov led… Read More →

Market upside helps JLL sell Phoenix Logistics Center

Strong market performance and continued confidence in Phoenix’s industrial market future has spurred the $18.4 million sale of Phoenix Logistics Center – sold this week by the Phoenix office of JLL on behalf of a joint venture between Overton Moore Properties and PCCP LLC, and acquired by Colony Northstar. JLL Managing Directors Bo Mills and Mark Detmer, and Vice President Ryan Sitov represented… Read More →

JLL closes $26.7M ASU Research Park Building

by in AZRE Magazine

On behalf of a joint venture between Phoenix-based ViaWest Group and Chicago-based Blue Vista Capital, JLL today announced the sale of Nexus @ ASU Research Park. This sale is an example of investors’ growing interest in the strong office market in Phoenix, largely driven by the area’s annual high-tech employment growth of 8.9 percent. Gramercy… Read More →

Westcore returns to Phoenix with industrial buy

Dexcom
by in AZRE Magazine | Industrial

Westcore Properties reentered the Phoenix market after a short hiatus, adding a 170,625 square-foot industrial property located at 125 N. 67th Ave. to its portfolio. Westcore purchased the property, originally built in 2001, from an independent Canadian investor for $10.2 million. After approximately two years without a Phoenix property in its portfolio, Westcore wanted to… Read More →

JLL Brokers $26.25M Deal of Industrial Property

by in Brokerage | Business News

Phoenix industrial absorption rates may have hiccupped mid year, but investors are not deterred, as illustrated by the sale of 7200 W. Buckeye Rd. in southwest Phoenix. Jones Lang LaSalle’s Capital Markets experts facilitated the sale on behalf of the owner this week. 7200 West Buckeye Road Industrial Investors, LLC purchased the 400,000 SF industrial property… Read More →

Jones Lang LaSalle Closes $22 Million Portfolio Sale

by in Business News

Capital Markets experts in the Phoenix office of Jones Lang LaSalle (JLL) have completed a $22.1 million sale of Broadway Industrial Portfolio, totalling three Class A buildings and 308,038 square feet in Tempe, Ariz. The deal is JLL’s second investment sale in the area this quarter, accentuating the strength and draw of the submarket’s commercial… Read More →

Jones Lang LaSalle Adds Bo Mills and Mark Detmer to Bolster its West Coast Industrial Efforts

Bo Mills & Mark Detmer
by in Brokerage | Business News

National investment sales experts Bo Mills and Mark Detmer are joining Jones Lang LaSalle to lead its West Coast practice. In response to increased client demand for broader expertise in the industrial sector, JLL’s Capital Markets made the move. Mills and Detmer joined the firm as managing directors and will partner with JLL’s industrial capital… Read More →

2012 RED Awards: Winners & Honorable Mentions

by in Award Events

Kitchell, DAVIS and Banner Health captured top honors Thursday night as Arizona Commercial Real Estate Magazine held the 7th Annual, 2012 RED Awards (Real Estate and Development) to recognize the biggest, best and most notable commercial real estate projects and transactions of 2011. The event drew more than 400 CRE professionals to the Arizona Biltmore… Read More →

RED Awards 2012: Brokerage Teams of the Year: Leasing & Sales, Cushman & Wakefield Leasing

by in Award Events

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in… Read More →

Brokerage Team Of The Year For Sales 2010

RED Awards banner 2010

Bo Mills Mark Detmer Cushman & Wakefield THE TEAM: • Bo Mills, Exec. Director • Mark Detmer, Exec. Director SALES DETAILS: • 7 Sale Transactions • Totaling 2.03 MSF • $46.3M in Value Bo Mills and Mark Detmer sold the 2 largest industrial buildings in Phoenix in 2009. Both were sold to corporations that will… Read More →