capital markets Archives

Chris Marchildon of CBRE will chair NAIOP group

123rf.com: Jakub Jirsak
by in AZRE Magazine

Chris Marchildon of CBRE was named 2016 Chairman for the NAIOP Arizona Developing Leaders. Marchildon, a senior associate in Capital Markets, has been a NAIOP member for 8 years. “We have an exciting year ahead, and we look to build on the successes of previous years,” Marchildon said. “Our goals, as always, include improving the communities… Read More →

Capital Markets completes sale of ‘stalled-to-stable’ case study

Cobalt

Capital Markets experts in the Phoenix office of JLL have completed the $16.2 million ($180,000 per unit) sale of Cobalt on 32nd Street, a case study for Phoenix’s stalled-to-stable multifamily recovery and a sign of continued investor appetite for the market’s upside potential. JLL’s Executive Vice President John Cunningham and Vice President Charles Steele represented… Read More →

JLL Brokers $26.25M Deal of Industrial Property

7200 West Buckeye Rd, JLL
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 →

Joseph Compagno Joins CBRE Capital Markets

Joseph Compagno
by in Brokerage | Business News | Newsmakers

CBRE announced that Joseph Compagno has joined as vice president of the firm’s Capital Markets Investment Properties Group in Phoenix. Compagno has more than eight years of experience in commercial investment sales and will lead the single-tenant, net-leased retail investment initiative. Compagno comes to CBRE from Faris Lee Investments, where he worked as a director… Read More →

Jones Lang LaSalle Completes Sale of Camelback Arboleda

Camelback Arboleda
by in Brokerage | Business News

The Phoenix office of Jones Lang LaSalle completed the sale of Camelback Arboleda, a 179,751 SF, multi-tenant office building located at 16th St. and Camelback Rd., in the heart of Phoenix’s Camelback Corridor. Jones Lang LaSalle’s Senior Managing Director Dennis Desmond and Senior Vice President Brian Ackerman managed the sale to El Segundo, Calif.-based Westport Capital Partners LLC, a real estate investment firm… Read More →