Bob Buckley Archives

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 →

Investment company buys Eastpoint Business Center

Cassidy Turley announced the $6.5 million ($84.08/psf) sale of Eastpoint Business Center located at 3191 N. Washington Street in Chandler, Ariz. Privately held investment management company AICI (El Segundo, CA) purchased the 77,303 square foot property from Dalfen America Corp. of Westmount, Quebec, Canada. Cassidy Turley’s Senior Managing Directors Bob Buckley, Tracy Cartledge and Steve… Read More →

First Commons at West 10 sells for $6.08M

by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Cassidy Turley announced the sale of First Commons at West 10, a ±99,528, institutional-quality, multi-tenant industrial complex. Located at 4625 and 4635 W. McDowell Road, the two-building, general industrial warehouse buildings were purchased by Enright Capital, Calgary, Alberta for $6.08 million. The seller was MDI Capital. Cassidy Turley Senior Managing Directors Bob Buckley, Tracy Cartledge… Read More →