CBRE Archives

CBRE helps Liftable Media buy new corporate HQ

CBRE
by in AZRE Magazine | Office

Digital publisher Liftable Media Inc. purchased approximately 27,000 square feet of office space at Venture Court, located in the heart of Anthem, Arizona, for $1.98 million, according to CBRE. Originally constructed in 2008, Venture Court Building F is a 2-story office space that prior to being purchased by Liftable Media remained in shell condition. West Coast… Read More →

Orcutt | Winslow relocates HQ next door on Central Corridor

Orcutt | Winslow
by in AZRE Magazine | Brokerage | Office

The Phoenix office of JLL has completed a 21,390-square-foot, long-term lease that relocates the corporate headquarters of Orcutt | Winslow into a new building on the Central Corridor, continuing the architecture, planning and interior design firm’s decades-long presence in metro Phoenix’s Central Business District. The new lease moves Orcutt | Winslow from Phoenix Corporate Center, at 3003 N. Central Ave., into… Read More →

Camelback Corridor office building sells for $42.6 million

Camelback Corridor
by in AZRE Magazine | Office

A Class A 175,835-square-foot office building in Phoenix’s Camelback Corridor area sold for $42.6 million, or approximately $242 per square foot, according to CBRE. The office complex is located at 5090 N. 40th St., and Jim Fijan and Will Mast with CBRE’s Phoenix office negotiated the transaction. The seller was a joint venture between Lowe Enterprises and J.P.… Read More →

Commercial real estate firms give back for the holidays

Copyright: marrakeshh / 123RF Stock Photo
by in AZRE Magazine

The season for giving runs year-round for many in the commercial real estate industry. There are countless different ways that companies and employees give back to communities throughout the year from fundraisers and drives to in-kind donations for local charities. This time of year brings with it, added seasonal efforts such as charity toy and… Read More →

CBRE completes $12.3 million sale of Goodwill portfolio

Photo courtesy of CBRE
by in AZRE Magazine

CBRE completed the sale of two single-tenant, net-leased Goodwill retailers located at 6161 W. Bell Rd., in Glendale and 2933 S, 99th Ave., in Tolleson. The portfolio sale commanded a price of $12.3 million and included an additional parcel of land, totaling 27,473 square feet, located adjacent to the Tolleson Goodwill. Joseph R. Compagno, Barry Gabel and Chris… Read More →

CBRE completes 3 multifamily sales totaling $199.4M

CBRE
by in AZRE Magazine | Brokerage

CBRE completed three multifamily property deals across the metro Phoenix area in the past five days, totaling in $199.4 million worth of transactions. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of CBRE worked on all three of the multifamily property sales. The three deals were completed in the last five business days, according to CBRE.… Read More →

CBRE completes $14.7M sale of Cornwell Corporate Centre

Cornwell Corporate Centre, a 63,071-square-foot office development located at 14851 N. Scottsdale Road. (Photo courtesy of CBRE Phoenix)
by in AZRE Magazine | Brokerage

CBRE has completed the sale of Cornwell Corporate Centre, a 63,071-square-foot office development located in Scottsdale for $14.7 million. The transaction includes one two-story building and two one-story office buildings located on approximately five acres. The property, south of the southeast corner of Scottsdale Road and Greenway Parkway along 73rd Street, is positioned squarely in… Read More →

2016 TOBY Award winners announced

TOBY Award

This year’s BOMA Greater Phoenix TOBY Awards were presented on Nov. 4 at the Arizona Biltmore, which are among the highest honors bestowed by the association. 2016 TOBY Award winners:   Photos courtesy of BOMA Greater Phoenix The annual association awards recognize quality of buildings and excellence in building management. Buildings are judged on all… Read More →

NAIOP Arizona announces mentor program protégés

NAIOP Arizona
by in AZRE Magazine

The 2016-2017 NAIOP Arizona Developing Leaders Mentor Program protégés have been announced, and the 16 young professionals come from all corners of the Valley’s commercial real estate industry. Each protégé was selected to participate in the year-long program in which they will attend educational seminars and complete a full scale development project by the end… Read More →

Phoenix lands at No. 2 on CBRE’s annual Tech-Thirty Report

Copyright: markskalny / 123RF Stock Photo

Phoenix lands at number two on CBRE’s annual Tech-Thirty list, which analyzes the 30 leading technology markets in the U.S. and Canada in terms of high-tech software/services job growth. Second only to San Francisco, the Valley continues to see the strongest tech-sector job growth in North America, reporting 44.5 percent job growth and more than… Read More →

NAIOP-AZ board elects news officers and board members

nonprofit board member
by in AZRE Magazine | Newsmakers

The Arizona chapter of NAIOP, the commercial real estate voice for the state, elected its 2017 officers and board members at its annual board meeting held November 1. The 2017 NAIOP-AZ officers are Chairman of the Board Larry Pobuda, Opus Group; Vice Chairman Matt Mooney, Cousins Properties; Programs Chair Andrew Cheney, Lee & Associates; and… Read More →

CBRE report identifies Phoenix as ‘new city of finance’

Photo: eutoch / 123RF Stock Photo

The U.S. financial services industry, faced with heightened regulations and competition for skilled labor from technology companies, increasingly is finding the workers it needs by expanding to cities like Phoenix, according to a new report from CBRE Group, Inc. In its inaugural annual report on the financial services industry, CBRE examines markets across the U.S.… Read More →

‘Arizona Republic’ built-to-suit sold for $4.5M

Arizona Republic
by in AZRE Magazine | Industrial

A 35,328-square-foot distribution facility at 18808 N. 32nd St., Phoenix was sold to a Tustin, CA-based firm for $4,500,000 or $127.37 per-square-foot. Phoenix Newspapers Inc., parent company to The Arizona Republic, occupies the facility. Lee & Associates principal, Matt Hobaica, represented the buyer, Greenwood & McKenzie Real Estate Investments. The owner, E & H Smith &… Read More →

CBRE selected to lease Tucson’s tallest building

Tucson's tallest building

CBRE has been chosen to oversee the leasing of space at One South Church, the tallest and most recognizable building in Tucson. Located at 1 S. Church Ave. in Tucson, the 240,811-square-foot Class A office space offers a wide spectrum of flexible leasing options for tenants ranging in size from 1,000 square feet to over 40,000… Read More →