Bob Buckley Archives

Tempe industrial park sold for $19.1M

Cushman & Wakefield completed the sale of Kachina Industrial Park, located at 1805-1850 W. Drake Drive in Tempe on behalf of Northern California-based Kieckhefer Properties. Libitzky Holdings LP of Emeryville, Calif. purchased the property for $19.1 million. Bob Buckley, Tracy Cartledge, Steve Lindley and Ben Geelan of Cushman & Wakefield represented the seller. Kachina Industrial… Read More →

Scottsdale Airpark property sells for $8.6M

by in AZRE Magazine | Brokerage

Cushman & Wakefield completed the sale of Monark Center at 15500 N. Greenway-Hayden Loop in Scottsdale for $8.65 million. Private investor Max H. Baril purchased the property The buyer was Max H. Baril, a private investor. The seller, Enright Capital of Calgary, Alberta, was represented by Tracy Cartledge, Bob Buckley, Steve Lindley and Ben Geelan of… Read More →

Deer Valley Flight Center sold for $4.5M

Deer Valley Flight Center
by in AZRE Magazine | Brokerage

The Flight Center in Deer Valley at 615 and 625 W. Deer Valley Rd. was sold to Scottsdale-based KBP Realty Advisors for $4.5 million, according to Cushman & Wakefield, which worked on the deal. Bob Buckley, Steve Lindley, Tracy Cartledge and Ben Geelan with Cushman & Wakefield represented the seller, California-based Business Properties. Flight Center is a 33,451-square-foot,… Read More →

Class A Chandler tech center sells for $8.8M

tech center
by in AZRE Magazine | Brokerage

Canada-based Wexford Developments purchased a 74,525-square-foot, Class A flex/R&D building in Chandler for $8.8 million from ViaWest Group, according to Cushman & Wakefield. Steve Lindley, Bob Buckley, Tracy Cartledge and Ben Geelan with Cushman & Wakefield represented ViaWest Group for the sale of the building, which is located at 6825 W. Galveston St. in Chandler. “Buyers are currently attracted to… Read More →

8-building Phoenix office park sells for $7.5M

Phoenix office park
by in AZRE Magazine | Brokerage | Office

Cushman & Wakefield negotiated the $7.5 million sale of Arcadia Corporate Park, located at the northeast corner of McDowell Road and 48th Street. The Phoenix property was sold to California-based WLA Investment. Arcadia Corporate Park is an eight-building, multi-tenant industrial complex totaling 109,143 square feet. Built in 1981, the property features grade-level loading doors servicing each… Read More →

Interstate Commerce Center sells for $6.74M

Interstate Commerce Center
by in AZRE Magazine | Industrial

Cushman & Wakefield announced that Interstate Commerce Center in Tempe sold to Phoenix-based investor RW Partners, LLC for $6.74 million. Senior Managing Directors Bob Buckley, Tracy Cartledge and Steve Lindley and Associate Ben Geelan with Cushman & Wakefield represented the seller in the transaction, Turner Real Estate, LLC. Located in the Tempe and Sky Harbor… Read More →

Grove at Black Canyon sells for $14.3M

Arizona Commercial Real Estate Development
by in AZRE Magazine | Brokerage

Cushman & Wakefield, a global leader in commercial real estate services, announced Thursday that a California-based investor has purchased The Grove at Black Canyon in the Interstate 17 corridor for $14.5 million. The Grove at Black Canyon, located at 11001 N. Black Canyon Highway, was built in 1986 and renovated in both 2009 and 2013.… Read More →

North Central office buildings in Phoenix sell for $10.4M

Cushman & Wakefield announced that Arizona-based East Missouri LLC has purchased the East Missouri Office Buildings for $10.4 million. Eric Wichterman, Mike Coover, Bob Buckley, Tracy Cartledge, Steve Lindley, Ben Geelan, Chris Toci and Chad Littell of Cushman & Wakefield’s Capital Markets Group negotiated the sale. East Missouri Office Buildings, located at 711 and 777… Read More →

McKellips Business Park in Tempe sold for $1.38M

Cushman & Wakefield has announced the $1.38 million sale of McKellips Business Park in Tempe. This completes the final property to be sold from the PS Business Parks portfolio, bringing the total portfolio sale price to approximately $54.5 million. Singh Organic Soils purchased the 22,855-square-foot building located at 1733 E. McKellips Rd. as an investment.… Read More →

Ironline Partners sells 2828 N. Central Avenue for $9.8 Million

Scottsdale

DTZ, a global leader in commercial real estate services, has announced the sale of 2828 N. Central Avenue, a ±104,016 square foot, 14-story office tower in Phoenix located on the southwest corner of Central Avenue and Thomas Road. Granite Investment Group of Irvine, CA, acquired the property for $9.8 million from Phoenix-based Ironline Partners. Senior… Read More →

Investors Warranty sells Arrowhead Business Center

DTZ announced today the sale of Arrowhead Business Center, a ±43,915 SF, three building office campus in Glendale.  Dunbar Real Estate Investment Management (Los Angeles) purchased the campus for $5.6 million from Investors Warranty of America Inc. through its investment advisor AEGON USA Realty Advisors LLC. Senior Managing Directors Bob Buckley, Tracy Cartledge and Steve… Read More →

Stockbridge Capital Group buys Phoenix industrial portfolio

Cassidy Turley* announced Tuesday that San Francisco-based Stockbridge Capital Group, LLC, a fully independent real estate investment management firm, has closed on five of six properties that are part of a multi-tenant industrial portfolio in metro Phoenix for $53.16 million. Stockbridge is under contract with plans to close on the sixth building located in Tempe… Read More →

Canadian investor buys Palm Valley Office Park I, II

Cassidy Turley announced that Kootenay Holdings, a private investor, has acquired Palm Valley Office Park I and II, a 83,575-square-foot office project located at 1616 North Litchfield Road and 1646 North Litchfield Road in Goodyear, for $15.35 million ($183.67 per square foot). The seller was REO Asset Manager, Steve Schrag of Key Bank c/o KeyCorp Real… Read More →

DCT Industrial Trust acquires Tempe portfolio

Cassidy Turley announced that DCT Industrial Trust has acquired a three property warehouse portfolio from a Chicago-based global investment manager for $26.44 million.   Located in Tempe, the 355,371 SF portfolio includes: Roosevelt Center, 2405 and 2415 S. Roosevelt Street; Parkland Center, 7245 and 7307 S. Harl Ave.; and Wilson Center, 2636 South Wilson Street… Read More →