CBRE Archives

Valley Partnership examines Valley as a logistics hub

by in AZRE Magazine

Valley Partnership has announced the topic for the August 26 breakfast. This month’s panel will discuss Arizona’s future as a hub for manufacturing and logistics and what business and economic development leaders are doing to ensure viability in these industries going forward. The logistics and manufacturing panel will feature Nicholaus Fischer, Merit Partners; Mark Lashinske,… Read More →

CBRE completes 5 multifamily transactions in Metro Phoenix

by in AZRE Magazine | Brokerage | Multi-Family

CBRE has completed the sale of five multifamily properties in the metropolitan Phoenix area totaling $11.7 million. Brian Smuckler and Jeff Seaman, of the firm’s Multifamily Investment Properties group, brokered the following transactions: Sandalwood Square is a 68-unit community located at 4325 N. 23rd Avenue in Phoenix.  The Buyer was HK 24th Street, LLC of… Read More →

CBRE completes more than 260KSF of industrial leases

by in AZRE Magazine | Industrial

CBRE completed over 260,000 square feet of industrial leases at two new Trammell Crow Company industrial projects in the Deer Valley Airpark submarket of metropolitan Phoenix. The first of the two projects, Park Ladera at Spectrum Ridge, consisted of 220,000 square feet of warehouse space and was completed in August 2015. The CBRE team of Mitch… Read More →

NAI Horizon reports $16.74M worth of sales, 11 lease transactions feverpitched
by in AZRE Magazine | Brokerage

NAI Horizon recently announced several of its sales and leases that were finished by late July. During that time period, NAI Horizon reported $16.74 million worth of sales, and eleven lease transactions. Sale Transactions: Russ Warner negotiated the sale of a 20.09 AC Mobile Home & RV Park property, representing the seller, Destiny-Phoenix West, LLC,… Read More →

CBRE completes $10.85M sale of JCPenney

by in AZRE Magazine | Brokerage

CBRE has completed the sale of a single-tenant, JCPenney located in the Ahwatukee Foothills, on East Ray Road and the I-10 freeway. Joseph R. Compagno with CBRE’s Phoenix office represented the seller, Yorktown Corporation of Santa Cruz, Calif., and the buyer, GRT Ray JCP, LLC of Santa Monica, Calif. The 104,880-square-foot retail property commanded a… Read More →

AZRE Forum recap and Live Blog

AZRE Forum
by in AZRE Magazine

Last night, AZ Big Media hosted the AZRE Forum, where a packed crowd of commercial real estate pros listened in on a mid-year market update from some of the Valley’s premiere experts.   Photos by Shannon Finn and Mike Mertes About 300 people were in attendance and they heard a breakdown on the state of the… Read More →

NAI Horizon negotiates $3.3M investment property sale

NAI Horizon
by in AZRE Magazine | Brokerage

NAI Horizon Associate John Toben represented the buyer in the acquisition of the $3.33 million investment property sale of a newly constructed Kneaders Bakery and Café at 4126 E. Indian School Rd., in Phoenix. Toben represented Scottsdale-based LEP Properties, LLC, in the transaction. “The highly-desired Arcadia neighborhood is now home to a healthy option on… Read More →

Spec Arrowhead Orchards medical office development is coming

Arrowhead orchards
by in AZRE Magazine | Medical

The Arrowhead Orchards medical office development is slated to see the first MOB spec project in the Valley since the recession. The property owner, Arrowhead Health Center, LLC, an entity affiliated with Legend Real Estate Management, Inc., will be developing more than 22,000 square feet of new product in the coming months. Los Angeles-based Legend… Read More →

AZRE names Most Influential Women in CRE for 2016


The 12 women who made AZRE’s Most Influential Women in Commercial Real Estate list are an extraordinary bunch. While that seems implied in the recognition, it’s something that goes beyond their professional achievements. Many of these women had to work their way through the ranks to a C-suite. One was a dealer in a casino.… Read More →

Meet us at the AZRE Forum

AZRE Forum_DSC_0906
by in AZRE Magazine | Events

As the summer months continue to bring the heat, AZRE magazine is doing the same with its commercial real estate mid-year update and forecast on Thursday, July 21 at the Camby from 3:30 p.m. to 6:30 p.m. The AZRE Forum will bring a panel of Arizona’s top commercial real estate experts, yielding in-depth discussions of economics, development… Read More →

CBRE completes sale of $39M office project

park one
by in AZRE Magazine | Office

Velocis, a private equity real estate fund, purchased Park One, a three-building, multi-tenant, Class A office development totaling 205,000 square feet in the Camelback Corridor in metropolitan Phoenix. A team of brokers including Barry Gabel, Chris Marchildon, and Kevin Shannon represented the seller, a joint venture between California-based McCarthy Cook & Co. and New York-based… Read More →

CBRE negotiates $80.9M Scottsdale apartment sale

by in AZRE Magazine | Multi-Family

CBRE finalized the sale of Scottsdale Springs, a 644-unit multifamily community located in Downtown Scottsdale at 7791 E. Osborn Rd. The property sold for $80.9 million. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office negotiated the transaction on behalf of the seller, New York-based Abacus Capital Group. The buyer was Los Angeles-based… Read More →

Phoenix lands at No.11 on CBRE ‘Tech Talent’ report

Coldwell Banker Commercial Advisors

Phoenix is solidifying its position as one of the nation’s leading tech markets, jumping nine spots to number 11 on CBRE Group Inc.’s annual “Scoring Tech Talent” report which ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent. Phoenix also ranked No. 6 on the list overall of top… Read More →

Daum negotiates sales in Phoenix and Scottsdale

Office building at 33765 N. Scottsdale Rd.
by in AZRE Magazine | Brokerage

Daum Commercial Real Estate Services has negotiated the $5.362 million sale-leaseback of a large medical practice group of west valley properties – the 19,679-square-foot medical office complex, Fountains Medical Center located at 5620 W. Thunderbird Road in Glendale and the 5,262-square-foot medical office center, Indian School Professional Plaza at 9150 W. Indian School Road in… Read More →