brokerage Archives

Offices near Sky Harbor sell for $17M

Sold Sign
by in Blogs

Irgens purchased a 102,302 square-foot office building near Sky Harbor for $17 million near Van Buren and 44th Streets. The four-story building is located south of the Loop 202 and just off State Route 143 near Sky Harbor International Airport at 501 N. 44th St. The property, 501 Gateway, features 102,302 square-feet of prime office… Read More →

Hoskin-Ryan signs long-term Phoenix lease

123rf.com: Vitaliy Vodolazskyy
by in AZRE Magazine | Brokerage | Office

Hoskin-Ryan Consultants, Inc., a full-service, civil engineering firm signed a long-term, 12,808 SF office lease at 5050 @ Camelback located near 40th Street and Camelback Road. Craig Coppola and Andrew Cheney, Principals and Gregg Kafka, Associate with Lee & Associates, represented the landlord, California-based Mark IV, Capital Inc., while Scott Nelson with Commercial Properties, Inc.… Read More →

Coldwell Banker adds new branch manager

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Coldwell Banker Residential Brokerage added Koena Tapscott as its Biltmore/ Paradise Valley office Branch Manager. Tapscott brings 13 years of real estate excellence — all within the Coldwell Banker family — to her new management position. Prior to her career in real estate she worked in accounting and banking for 21 years. When asked why… Read More →

Roosevelt Business Park sells for $14.9M

Roosevelt Business Park
by in AZRE Magazine | Brokerage

The Roosevelt Business Park, a four-building industrial park near Roosevelt Street and 75th Avenue , was sold to California-based WLA Realty Group for $14.9 million. Cushman & Wakefield Senior Vice President Gary Anderson, Senior Managing Directors Paul Boyle and Rick Danis, along with Associate Mike Gilbert negotiated the sale transaction. WLA Realty Group bought the… Read More →

Phoenix warehouse sells for $3.57M

Daum
by in AZRE Magazine | Brokerage | Industrial

California-based Daum Commercial Real Estate Services negotiated the $3.57 million sale of a 35,318-square-foot industrial warehouse located at 21615 N. 7th Avenue in Phoenix. Chris Rogers and Trevor McKendry of Daum Phoenix represented both the buyer and seller in the transaction. Bob Lundstedt, first vice president of Daum Phoenix, assisted in representing the seller. The… Read More →

Plexus Worldwide moves into new headquarters

Plexus Worldwide
by in AZRE Magazine | Brokerage

Scottsdale-based Plexus Worldwide, a direct-marketing weight-loss and health-supplement seller, is moving into a new 70,000 square-foot headquarters near by its warehouse and fullfillment center, creating its own campus. Combined with Plexus’ 30,000 square-foot warehouse, the new headquarters creates a 100,000 square-foot combined campus. The campus is in the Pima Center, a 209-acre mixed-use business park… Read More →

CBRE completes $24.35M sale of Gilbert apartments

123rf.com: feverpitched
by in AZRE Magazine | Brokerage | Multi-Family

CBRE  completed the sale of Cambria, a 174-unit apartment community located at 130 W. Guadalupe Road in Gilbert, for $24.35 million. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office negotiated the transaction. “Cambria is a well-located asset in highly desirable Downtown Gilbert,” Cunningham said. “The buyer was able to purchase… Read More →

Phoenix office sector finishes 2015 on upswing

Miller Russell Associates
by in AZRE Magazine | Office

The Phoenix office sector took a strong turn to finish the fourth quarter in solid fashion. The year started off slow, but picked up momentum as the year progressed and accelerated the pace into the final months, according to a Lee & Associates report. Most all major indicators were positive for the quarter and for… Read More →

SVN Phoenix closes 2015 with $4.5M in deals

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by in AZRE Magazine | Brokerage

SVN’s Phoenix office closed out 2015 with $4.5 million worth of sales and leases through collaborative efforts by its retail, office and multifamily teams. SALES Michael Gustafson sold 18,585 square-feet to Pete Coury with Jabbel Holdings, LLC for $2,565,555. The retail property is located at 2737 W. Thunderbird Rd. The Best Buy shops are well-known… Read More →

Midtown Phoenix CBIZ Plaza gets new management

lease
by in AZRE Magazine | Brokerage

Houston-based Boxer Property took over management and leasing at Midtown Phoenix’s CBIZ Plaza, located at 3101 N. Central Ave. in late December. The addition of the CBIZ Plaza totals Boxer Property’s Phoenix portfolio to just over half a million square feet. CBIZ Plaza is a Class A environment offering many options for office space throughout… Read More →

Old Town property sells for $1.25M

Funding Startup Companies Jumpstart Economy
by in AZRE Magazine | Brokerage

Colliers International negotiated the $1.25 million investment sale of the former Pottery Paradise property located in Old Town at 4338 N. Scottsdale Rd. The site is currently fully leased to a Mexican food restaurant, Diego Pops. Stan Sanchez, senior vice president with Colliers, represented the seller, Scottsdale-based Pottery Paradise, Inc. The property was acquired jointly… Read More →

December De Rito Partners Commercial Transactions

123rf:  Andriy Popov
by in AZRE Magazine | Brokerage

De Rito Partners, Inc. December commercial transactions: Pharmacy opening at Hamstra Square in Chandler: Best Care Pharmacy signed a lease at the northeast corner of McQueen Road and Pecos Road in Chandler. Gordon Heckaman and Carl Jones, Jr. represented the Landlord in the transaction for the 1,204 square-foot space. Tenant line-up growing at new Artesian… Read More →

Raintree Corporate Center purchased for $52M

Raintree Corporate Center II & Scottsdale, Cassidy Turley
by in AZRE Magazine | Brokerage

The Raintree Corporate Center, near Frank Lloyd Wright Boulevard and Loop 101, was purchased for $52 million by ViaWest Group in a joint venture with Connecticut-based Contrarian Capital Management. The purchase was executed through Auction.com, and included two buildings that total about 300,000 square feet. Raintree Corporate Center I, at 15333 N. Pima Rd., is… Read More →

PICOR announces Tucson sales, leases

123rf.com: feverpitched
by in AZRE Magazine | Brokerage

Tucson-based commercial real estate firm, PICOR announced a string of sales and leases in Tucson on Thursday. DNJ Holdings LLC purchased a 74,300 square foot industrial building for $1,557,750 on 8.25 acres at 4001 E. Irvington Rd. in Tucson from SCB Properties LLC. PICOR represented the seller and Tom Hunt and Bob Davis with Tango… Read More →