brokerage Archives

NAI Horizon completes sales, lease transactions

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

Commercial Real Estate firm NAI Horizon, announced $2.4 million worth of recent sales transactions, and 11 leases that were finalized. Sales transactions: Barbara Lloyd and Lane Neville negotiated the sale of a 3.86-acre parcel of land, representing the seller, Lindsay Square Care Center, LLC, for $1.3 million. The property is located at 940 E. Williams… Read More →

Glendale Manor Apartment Homes sold for $10M

Glendale Manor Apartment Homes (Photo courtesy of ABI Multifamily)

ABI Multifamily, a multifamily brokerage and advisory service firm, announced the sale of the Glendale Manor Apartment Homes for $10 million on Monday. The 328-unit complex sits on 11.71-acres of land less than one mile from Downtown Glendale and includes 39 total buildings plus the leasing center. The property, built in phases between 1963 and… Read More →

NAI Horizon appoints senior vice president

NAI Horizon

NAI Horizon announced the promotion of Shelby Tworek to senior vice president on Monday. The company — established in 1992 — operates in Arizona as a full-service commercial real estate company and member of the NAI Global commercial real estate network, which is the single largest global network of owner-operated commercial real estate brokerage firms.… Read More →

JLL promotes 5 to senior level positions

JLL
by in AZRE Magazine | Brokerage | Newsmakers

The Phoenix office of JLL has promoted five of its brokers to senior level positions. Brett Abramson, Keith Lammersen, Jason Moore and Charles Steele have been promoted from Vice President to Senior Vice President. Andrew Medley has been promoted from Vice President to Executive Vice President. “Each of these individuals brings a unique skill set… Read More →

Presson Corp buys Jackson Street industrial property

Presson Corp
by in AZRE Magazine | Brokerage | Industrial

Newmark Grubb Knight Frank (NGKF), announced the sale of Jackson Street Industrial by Tiernay Properties Inc., a 307,164 square-foot industrial property located on four city blocks in central Phoenix. Built in the 1920s, the property was originally home to the Arizona Compress and Warehouse Co. building. Located at 1245-1555 E. Jackson St., the warehouse was built… Read More →

Vestar adds 350K SF to Phoenix portfolio

Vestar
by in AZRE Magazine

Vestar, one of the leading privately held real estate companies in the western United States, has been retained by a family owned company as the property management firm for Superstition Springs Center, a 186,766-square-foot community retail center located in Mesa, Ariz. and Ancala Village, a 173,185-square-foot community retail center located in Scottsdale, Ariz. Vestar now manages more than 26 million square feet. Vestar’s team brings a… Read More →

Rodney Riley joins CBRE as regional sales director

hire employee job
by in AZRE Magazine | Newsmakers

CBRE appointed Rodney Riley as regional sales director, Investor Services for the Southwest Region. Riley will collaborate with local leadership and assist with business development and sales efforts for all Investor Services business, including Agency Brokerage, IP, Asset Services, Project Management, Debt & Structured Finance and Valuation. “Rodney is an excellent addition to the firm. His skill… Read More →

SVN talks about rebranding the company

SVN

After 29 years, Sperry Van Ness might have a new look and a new name, but the company’s dedication to openness, transparency and collaboration remains steadfast. SVN | Desert Commercial Advisors Designated Broker Perry Laufenberg, who closed approximately $60 million in transactions in the fourth quarter of 2015, discusses how the company’s rebranding will push… Read More →

Canadian firm acquires GPE companies

Coldwell Banker Commercial Advisors

Canadian-based real estate services firm, Avison Young, acquired Phoenix-based GPE Management Services, and the newly merged firm is opening up offices here in Phoenix. Avison Young’s new Phoenix office is located in downtown Phoenix at 2777 E. Camelback Rd., Suite 230. The new offices will be Avison Young’s first location in Arizona, and 52nd office in the U.S., and is another… Read More →

CBRE completes sale of Tempe corporate center

Tempe Corporate Center
by in AZRE Magazine | Office

CBRE completed the sale of 1515 Corporate Center located at 1515 W. 14th St. in Tempe. The 228,000 square-foot, single-story office building commanded a sales price of $16.5 million. The property was vacant at time of sale. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office negotiated the transaction and partnered with Dave Seeger and Karsten Peterson… Read More →

PICOR announces Tucson leases

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

PICOR, a Cushman & Wakefield member, announced a string of recent leases that have closed in the Tucson area, including industrial and retail leases. R & G Food Services, Inc. leased 7,383 square feet in the Coach Drive Industrial Building at 4560 S. Coach Dr., Suite 100, in Tucson from Coach Holdings, LLC.  Rob Glaser, SIOR,… Read More →

Report: Phoenix mid-size industrial market on rise

Next Gen Industrial
by in AZRE Magazine | Brokerage | Industrial

Mid-size users are dominating the Phoenix industrial market, and the construction sector has a heavy hand in that success, according to the Phoenix office of JLL. The brokerage firm reports much of the 5.8 million square feet of industrial space absorbed in the Valley in 2015 went to mid-size users – tenants occupying somewhere between 10,000 and 50,000 square feet.… Read More →

LevRose goes broker-owned, adds retail team

123rf.com:  Jakub Jirsak

LevRose Commercial Real Estate recently made significant changes to the firm’s ownership model and service areas to prepare for major growth and expansion in 2016. LevRose partners Jon Rosenberg and Robert Levine recently changed to a broker-owned structure in order to create a more sustainable firm. The new model is designed to encompass an elite team of brokers… Read More →

Berkshire Hathaway releases 2015 sales leaders

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by in AZRE Magazine | Brokerage

Berkshire Hathaway HomeServices Arizona Properties, one of the state’s leading residential real estate firms, has released its sales results from 2016.  The company completed $3.1 billion in sales in 2015, a 15 percent gain over the previous year. “We had an incredible year, and attribute our continued success to a few key areas,” said Mark… Read More →