Cassidy Turley Archives

Matt Nebeker joins Cushman & Wakefield

by in AZRE Magazine | Brokerage | Newsmakers

Matt Nebeker has rejoined the Office Properties Division of Cushman & Wakefield of Arizona, Inc. Nebeker is a 10-year veteran of the Phoenix commercial real estate industry, focusing on East Valley office leasing. He previously worked at Cassidy Turley (now DTZ) and Trammell Crow, and returns to Cushman & Wakefield, where he worked from 2006-2008.… Read More →

Cassidy Turley acquisition completed Jan. 5

Cassidy Turley

DTZ, a global leader in commercial real estate services, announced Jan. 5 that Cassidy Turley and DTZ are now operating as a single global firm following the completion of the acquisition of Cassidy Turley by the private equity investment consortium backed by TPG Capital, PAG Asia Capital and Ontario Teachers’ Pension Plan. The consortium acquired DTZ… Read More →

ULI’s partnership forum for young leaders

road trip
by in AZRE Magazine | Featured

Some professional organizations have the foresight to funnel resources into mentoring young leaders for the sake of grooming the next generation of their respective industry as well as securing future involvement in the organization. According to ULI Arizona members, few organizations do it as well as the Partnership Forum. ULI Arizona’s Partnership Forum pairs a… Read More →

PDI sells Gateway Village to TriGate Capital

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

Cassidy Turley announced Wednesday that PDSI has sold Gateway Village in Glendale, to TriGate Capital as part of a $53 million sale of a national portfolio of retail properties. Located at 5932-6070 W. Bell Road in Glendale, the 126,286 square foot shopping center is 80.1% leased to tenants such as Stein Mart, All America Pool… Read More →

Young’s Market Company leases 250KSF in Phoenix

Youngs Market, WEB
by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Cassidy Turley announced Tuesday that Young’s Market Company of Arizona leased 248,900 square feet at 402 S. 54th Pl. in Phoenix. Young’s Market Company is one of the nation’s largest distributors of wines and spirits with operations in California, Hawaii, Arizona, Oregon, Washington, Alaska, Idaho, Utah, Montana and Wyoming. Cassidy Turley’s Executive Managing Directors Andy… Read More →

Cassidy Turley closed $71M in multifamily deals on Thursday

Broadstone Twin Fields
by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Cassidy Turley announced on Thursday the sale of Broadstone Twin Fields, a 314-unit apartment community located at 2505 E. Williams Field Road in Gilbert, Ariz., and  The Club at Coldwater Springs, a 251-unit apartment community located at 105 North Links Drive in Avondale, Ariz. Broadstone at Twin Fields, LP (Alliance Residential), represented by Cassidy Turley… Read More →

Moreland Auto Group buys 22 acres in Avondale

Courtesy of Cassidy Turley
by in AZRE Magazine | Brokerage | Featured | Investment

Cassidy Turley* announced the sale of 22.6 acres of commercial land at the northwest corner of Avondale Boulevard and McDowell Road in Avondale, Ariz., for $2.2 million ($2.24 per square foot). Doug Moreland of Colorado-based Moreland Auto Group purchased the property under Moreland Arizona Properties, LLC from Rialto Capital Management LLC. Cassidy Turley Vice Presidents… Read More →

Delta Corporation buys 15 acres for mixed-use development

Chandler Piazza, courtesy of Cassidy Turley

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced Monday the sale of 15.35 acres of commercial land at the southeast corner of Frye Road and Ellis Street in Chandler, Ariz., for $2.75 Million ($4.11 per square foot). Chandler-based Delta Frye, LLC, dba The Delta Corporation, a private investment and development… Read More →

Stockbridge Capital Group buys Phoenix industrial portfolio

Metro Business Park

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 →

LA-based investor buys 90 Mountain View for $34.6M

90 Mountain View, Cassidy Turley, WEB

Cassidy Turley* announced Monday that Los Angeles based Regent Properties, a multi-faceted real estate investment company, has acquired 90 Mountain View, a 183,644 square foot office project located at 9977-9999 N. 90th St. in Scottsdale, Ariz., for $34.6 million ($188.41 per square foot). The seller was Principal Real Estate Investors, one of the largest institutional… Read More →

Newport Mesa apartments sell for $8.37M

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

Cassidy Turley*, a leading commercial real estate services provider in the U.S., announced Monday the sale of Newport Mesa, a 156-unit apartment community in Mesa, Ariz. Southern Avenue 156 Community, LLC (Unity Pacific Residential) purchased the property for $8.37 million ($53,686/unit) from Newport Mesa Apartments, LLC (Maxx Properties). Cassidy Turley Executive Managing Directors David Fogler… Read More →

Sperry Van Ness reports 4Q retail, office transactions

Hi-Health, Courtesy of Sperry Van Ness
by in AZRE Magazine | Brokerage | In The Spotlight

RETAIL SALES:  Mary Ridberg and Rommie Mojahed represented the seller, Jorde Hacienda Inc. in the $1,700,000 sale of a 152,460 SF PAD at Higley Village. Higley Village is located at the SEC of Higley Road and Queen Creek Road in Gilbert. The buyer was ARJ Properties LLC. Trenton McCullough and Shari A. Tucker represented the… Read More →

Canadian investor buys Palm Valley Office Park I, II

Palm Valley Office Park

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 →

Hayden House Tempe plans $200M mixed-use project

Mill & Rio Salado Rendering, DWC

Cassidy Turley has announced that Hayden House Tempe, LLC, a partnership between San Diego-based Douglas Wilson Companies (Douglas Wilson, Chairman and CEO), Hensel Phelps Development LLC, a subsidiary of Hensel Phelps based in Greeley, CO, (Jeff Wenaas, President) and Los Angeles-based Karlin Real Estate closed on 2.51 acres at the southwest corner Mill Avenue and… Read More →