CBRE Archives

CBRE completes three major multifamily sales

Shade at Desert Ridge Village

Copper Palms CBRE has completed the sale of Copper Palms apartments, a 206-unit apartment community located at 12810 N. Cave Creek Road in Phoenix. The property commanded a sale price of $13.9 million and was 95 percent occupied at time of sale. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office… Read More →

CBRE completes three multifamily transactions in Phoenix

Laird

CBRE has announced three multifamily property sales worth more than $3 million in consideration. Brian Smuckler and Jeff Seaman, specialists in multifamily investments, have completed the following sales transactions in Phoenix: La Ville, a 19-unit community located at 4231 North 27th Street in Phoenix, sold for $1.25 million. The buyer was 3311 North 18th Street,… Read More →

CBRE welcomes Krystal Dill to their team

CBRE
by in AZRE Magazine | Newsmakers

CBRE has announced that Krystal Dill has joined the Phoenix location. As the newest member to the team, Ms. Dill will partner with Bryan Taute and Charlie von Arentschildt to provide leasing and investment sale services to agency clients. Focused solely on listing assignments, Ms. Dill will be responsible for managing her team’s active listings, ensuring seamless… Read More →

Meet Arizona’s Most Admired Companies of 2015

lawyers

Each year, Az Business magazine and BestCompaniesAZ chooses 40 companies as winners of Arizona’s Most Admired Companies Awards. When developing the Most Admired Companies program, the primary goal of Az Business magazine and BestCompaniesAZ was to recognize those companies that excel in workplace culture, leadership, social responsibility, customer opinion and innovation. Here are Arizona’s Most Admired Companies of 2015: Alliance Residential Company Most… Read More →

Equus Capital Partners enters into joint venture with iStar

RaintreeCC
by in AZRE Magazine | Brokerage | In The Spotlight | Investment

CBRE announced it has arranged the joint venture between Equus Capital Partners, Ltd. (“Equus”) and iStar for the ownership of Raintree Corporate Center, a premier Class-A office complex located at 8800 and 8888 E. Raintree Drive in Scottsdale, Arizona. Bryan Taute with CBRE’s Phoenix office and Kevin Shannon and Brad Burton with CBRE’s El Segundo… Read More →

JDA Software relocates headquarters to Scottsdale Quarter

SQ Rendering

WP GLIMCHER and CBRE have announced that JDA Software Group, Inc. (JDA) has signed a ±55,530-square-foot lease at Scottsdale Quarter’s new ±170,000 SF Class A, mixed-use building in North Scottsdale, Ariz. Located at the southeast corner of the high-end lifestyle center, the six-story tower will be the new home of the Scottsdale-based software company’s corporate headquarters.… Read More →

EastGroup leases 17,400 square feet to Fast Fulfillment

1002 E. University

Cushman & Wakefield, a global leader in commercial real estate services, announced that EastGroup Properties has leased 17,400 square feet to Fast Fulfillment LLC’s  at East University II, 1002 E. University Drive. Jackie Orcutt, John Grady and Jim Wilson of Cushman & Wakefield represented Jackson, MS-based EastGroup Properties in the transaction. Cooper Fratt of CBRE… Read More →

Crowd honors Arizona’s Most Admired Companies

DSC_1796

A crowd of more than 400 people packed the Chateau Luxe in Phoenix Thursday to honor the 40 companies who were named Arizona’s Most Admired Companies for 2015. “When developing the Most Admired Companies program, the primary goal of Az Business magazine and our partner, BestCompaniesAZ, was to recognize those companies that excel in workplace culture, social responsibility,… Read More →

Phoenix ties San Francisco for No. 1 in tech job growth

Self-Service Technologies, Technology

Businesses looking for office space in the nation’s hottest tech markets should expect to pay a premium – and a hefty one in many of the top tech cities, according to a new research report by CBRE Group, Inc. The report, which analyzes the top 30 tech cities across the U.S. and Canada, showed an… Read More →

Former Nimbus Brewery building sold for more than $1.4M

beer
by in AZRE Magazine | Brokerage | New to Market | Retail

CBRE has completed the sale of the former Nimbus Brewery and Restaurant building at 6464 E. Tanque Verde Road in Tucson. The property commanded a sale price of $1.415 million, or $168 per square foot. Pete Villaescusa and Jesse Peron with CBRE’s Tucson office negotiated on behalf of the seller, McMahon Properties, LLC of Tucson.… Read More →

Three national restaurant users coming to Las Plazas at Old Vail

Las_Plazas_at_Old_Vail_PHOTO

Las Plazas at Old Vail, a 17-acre retail development at the northwest corner of Houghton and Old Vail Roads in Southeast Tucson, has landed its first wave of restaurant users. CBRE has recently completed the sale of the first three lots and the development will soon be home to a Taco Bell, Native Grill and… Read More →

CBRE’s Tucson office releases recent August transactions

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

CBRE’s Tucson office has released the following recent transactions: LEASES Community Intervention Associates has leased 5,006 square feet from Tucson Mountain Medical Building Associates for its first medical clinic in Tucson. The clinic is located at 1775 W Saint Mary’s. CBRE Tucson’s David Volk and Bruce Suppes represented ownership, while the firm’s David Blanchette, CCIM… Read More →

CBRE completes $4.1M sale of Greenbrook apartments

Cambridge
by in Blogs

CBRE has completed the sale of Greenbrook, an 80-unit multifamily apartment complex located at 3536 E. Cambridge Avenue in Phoenix. The property was sold for $4.1 million, or $52,188 per unit. Greenbrook B and L LLC of Tustin, California purchased the property from Greenbrook Apartments LLC of Incline Village, Nevada. Brian Smuckler and Jeff Seaman… Read More →

Second quarter 2015 brokerage reports

National League of Cities Gathering

With the closing of the second quarter and first half of 2015, brokerages around the Valley provided their numbers and predictions for the last and next six months in various commercial sectors. Q2 OFFICE REPORTS Cushman & Wakefield CBRE C&W|PICOR Marcus & Millichap DTZ Colliers (Office) Colliers (Medical Office) JLL Q2 INDUSTRIAL REPORTS C&W|PICOR CBRE… Read More →