CBRE Archives

Carol Schillne joins CBRE as first vice president

CBRE Group, Inc., has announced that Carol Schillne has joined CBRE’s Phoenix office as a First Vice President. Ms. Schillne will focus on agency and landlord leasing for retail properties throughout the greater metro Phoenix area. An accomplished retail professional with 23 years of retail brokerage experience and nearly seven years of experience on the… Read More →

Popular Scottsdale shopping center sells for $31M

Scottsdale shopping center
by in AZRE Magazine | Brokerage

CBRE Group, Inc., completed the sale of Scottsdale Towne Square, a 162,259-square-foot grocer-anchored center at 13802 N. Scottsdale Rd. in Scottsdale, Ariz. The seller, Holualoa Scottsdale Retail LLC, based in Tucson, Ariz., was represented by CBRE’s Phoenix Bob Young, Glenn Smigiel, Steve Brabant and Rick Abraham. The buyer is Salt Lake City-based Woodbury Corporation, a full-service… Read More →

300,000 SF built-to-suit lease announced for 52-acre Tempe development

Tempe development at Rio2100
by in AZRE Magazine | Site Selection

Rio2100, a 52-acre mixed-use development under construction at the intersection of Loop 202 and Loop 101 in Tempe, Ariz., has the announced execution of a 300,000-square-foot build-to-suit lease with Freedom Financial Network. Bryan Taute and Charlie von Arentschildt with CBRE’s Phoenix office negotiated the lease on behalf of the landlord, The Boyer Company. Freedom Financial… Read More →

Health tech firm leases space in warehouse district for new offices

Health tech firm in Downtown Phoenix warehouse district
by in AZRE Magazine | Brokerage

CBRE Group Inc. negotiated a 26,174-square-foot lease in the Downtown Phoenix Warehouse District. Arizona-based Scientific Technologies Corporation, a health technology innovation and services company, will occupy the warehouse-turned-office-space. Corey Hawley and Jimmy Cornish with CBRE’s Phoenix office negotiated the lease on behalf of the landlord, 1st Buchanan LLC. Jim Sadler and Darius Green with Keyser represented Scientific… Read More →

Gilbert Orbital ATK offices sell for $5.5M

Orbital ATK offices in Gilbert
by in AZRE Magazine | Industrial

A California-based investment firm purchased the Orbital ATK offices in Gilbert near Baseline Road and Country Club Drive for $5.5 million. The 73,283-square-foot industrial facility at1405 N. Fiesta Blvd. in Gilbert was sold to Abington Emerson Investments by an undisclosed seller. The single-story industrial facility sits on a 5.2-acre site and was built in 1998. “Fiesta… Read More →

CBRE and ViaWest complete $23.3M sale in Chandler Midway Corporate Center

by in AZRE Magazine | Brokerage | Office

On behalf of ViaWest Properties, CBRE recently completed the sale of twin, two-story Class A office buildings in the Chandler Midway Corporate Center located at 5670 and 5710 W. Chandler Blvd. in Chandler, Ariz. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office represented the seller, Phoenix-based ViaWest Group. The buyer was Encino-Calif.-based Kramer-Wilson Company,… Read More →

Scottsdale Executive Office Center sells for $37.5M

Scottsdale Executive Office Center
by in AZRE Magazine | Office

CBRE recently completed the sale of Scottsdale Executive Office Center, a 181,238-square-foot Class A office campus located at 15880, 15990 and 16100 N. Greenway-Hayden Loop in Scottsdale, Ariz. Total consideration for the sale was $37.5 million. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office represented the seller, Phoenix-based Perry Investment Trust No.1 LLC. The… Read More →

CBRE promotes Rocco Mandala to vice chairman

Rocco Mandala
by in AZRE Magazine | Newsmakers

CBRE Group, Inc. promoted Rocco Mandala vice chairman with CBRE Capital Markets, Debt & Structured Finance, in Phoenix. Since joining CBRE in 1995, Mandala has become a perennial top-10 percent originator nationally for CBRE Capital Markets, completing debt and equity transactions in excess of $7 billion. In 2016, Rocco was in the top three percent originator for all… Read More →

Journey to the top: CRE expert goes from intern to founder of own firm

by in AZRE Magazine

Before he was 23 years old, Jon Rosenberg was actively leasing, selling and managing properties all over Arizona. He earned his real estate license while still in school at the University of Arizona in Tucson, which was also when he began his commercial real estate career, training at both CBRE as well as Tucson Realty… Read More →

Brokers, developers and projects honored at 2016 Best of NAIOP

by in AZRE Magazine | In The Spotlight

The Arizona chapter of NAIOP honored developers, projects and brokers at its 2016 Best of NAIOP awards. This year, Grady Gammage Jr., a real estate and zoning attorney who was a founder of Gammage & Burnham, received the Award of Excellence at the ceremony, which was held at the Arizona Biltmore. Gammage has had a long career, which… Read More →

CBRE completes $3 Million sale of Kneaders Bakery

by in AZ Business Magazine

CBRE completed the sale of a single-tenant, Kneaders Bakery & Café, located at 1150 E. Bell Rd. within the brand new Trellis on Bell mixed-use development in Phoenix. Four Foods Group (FFG Development, LLC) bought the land and just completed construction on the 4,050-square-foot retail property. The property commanded a sale price of $3 million. Kneaders Bakery… Read More →

CBRE promotes Bryce Terveen to senior vice president

by in AZRE Magazine | Brokerage

CBRE promoted Bryce Terveen to senior vice president at the brokerage firm’s advisory and transaction services group. Terveen joined CBRE in 2005, following a six-year career as a professional baseball player with the Atlanta Braves and Seattle Mariners. Terveen represents tenants and guides corporate occupiers through the process of leasing, buying or disposing of office space… Read More →

CBRE negotiates sale of Tilted Kilt restaurant and headquarters

Tilted Kilt Tempe location
by in AZRE Magazine | Brokerage

In two separate transactions, CBRE completed the sale of Tilted Kilt’s build-to-suit flagship restaurant and corporate headquarters located at 1617 W. Warner Rd. and 8915 S. Harl Ave. in Tempe, Ariz., respectively. The 10,321-square-foot retail property is home to Tilted Kilt’s new flagship restaurant and is situated on approximately 2.6 acres of land. The restaurant… Read More →

Fox Restaurant Concepts expands corporate headquarters

by in AZRE Magazine | Blogs | Brokerage

Since 2012, Sam Fox’s corporate headquarters for Fox Restaurant Concepts has sat above The Henry, one of his signature restaurants, in a multi-tenant office complex called The Park located at 4455 E. Camelback Road in Phoenix. Recently, Fox announced the expansion of their corporate offices at The Park. Fox Restaurant Concepts and True Foods Kitchen,… Read More →