chandler Archives

New pair of self-storage facilities receive $13M in construction financing

Cohen Financial, a division of SunTrust Bank and a national real estate capital services firm, announced today that it has arranged $13 million construction financing with a regional bank to develop two self-storage properties in the Greater Phoenix. Both properties are multi-level and 100 percent air-conditioned. Kevin Sellers, director of capital markets in the Cohen… 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 →

Waymo offers self-driving car trial to public

Waymo self-driving car

Self-driving cars are increasingly becoming just another part of the future and the Google spin-off Waymo is helping that happen by offering its early rider program to the public in the Phoenix area. Waymo is giving folks in the Phoenix area the first chance to ride in its early rider program. Those who are accepted… Read More →

Chandler startup develops stem cell treatments to heal injured horses and dogs

stem cell treatments

A horse prances around an open field in the East Valley, ready to give birth. But Cheyenne and her foal have a larger role to play in equine medicine: The birth will provide regenerative materials and stem cells that could help other animals recover from injuries. AniCell Biotech, a Chandler-based startup, collects the amniotic materials… Read More →

Report: Phoenix posts $4.97 billion in apartment sales in 2016

by in AZRE Magazine | Multi-Family

By all accounts, the Phoenix MSA multifamily market had an absolute banner 2016 investment year fueled, in large part, by both robust jobs and population growth. On the jobs front, Phoenix area economic development officials worked overtime in luring a whole host of corporate/regional office relocations, tech/manufacturing company openings and existing business expansions. Top job… Read More →

Maracay Homes building 2 LEED neighborhoods in East Valley

5 Eco-Friendly Home Upgrades

Home developers will be building two upcoming Gilbert and Chandler neighborhoods with plans to have both communities LEED Certified with the U.S. Green Building Council. Maracay Homes is building and registering all of the homes at the Preserve at Adora Trails in Gilbert and Hawthorn Manor in Chandler with the goal of having the homes LEED certified. The U.S.… Read More →

What it’s like to ride in a Waymo self-driving car

Waymo self-driving car
by in AZ Business Magazine | Tech

It’s an interesting feeling when the person behind the wheel of a moving car tells you they don’t have their hands on the wheel or their feet on the pedals. A mix of excitement peppered with a little bit of worry ran through my mind today as I took a ride in a Waymo self-driving… Read More →

Report: Phoenix office absorption reaches 10-year high

Phoenix
by in AZRE Magazine | Office

Phoenix added millions of square feet of new office space in 2016, and companies filled that space at a near 10-year-high absorption rate, according to the Q4 2016 Phoenix Office Insight report released last week by the Phoenix office of JLL. Collectively, this activity improved the Valley’s office occupancy picture, pushing total vacancy rates down 120 basis points… Read More →

SanTan Corporate Center sells for $58.5 million

SanTan Corporate Center
by in AZRE Magazine | Office

Columbia Property Trust Inc. exited the Phoenix market as it sold the SanTan Corporate Center for $58,500,000 million, according to a Thursday announcement. City Office REIT purchased the SanTan Corporate Center, a Class A office property near Ray and Price Roads, which consists of two office buildings totaling 267,000 square feet. Columbia Property Trust sold the… Read More →

Software firm repurposing former Chandler grocery store

software firm
by in AZRE Magazine | Office

A Washington-based software firm is opening a second office location in Arizona, and will repurpose a former grocery store in Chandler for its new offices, according to NAI Horizon. Faithlife Corporation has an office in Tempe, and found a new location within downtown Chandler’s urban redevelopment area at the former grocery store. The store used… Read More →

LGE, Revelation Real Estate team up on $5M project

by in AZRE Magazine | Construction | Mixed-Use | Office

LGE Design Build broke ground today on a massive $5 million mixed-use project for Revelation Real Estate in Chandler. Revelation Real Estate sets the gold standard when it comes to offering top-notch residential properties and employing the Valley’s most award-winning professionals, and LGE Design Build, too, sets the bar when it comes to designing and… Read More →

15 of Arizona’s finest young musicians will perform at MIM

Fifteen of the state’s brightest and most-talented young musicians will display their impressive virtuosity and remarkable musicianship at the 2016 Arizona Musicfest Young Musicians Fall Concert on Sunday, Oct. 30 at 1 p.m. at the Musical Instrument Museum (MIM), 4725 E. Mayo Blvd., Phoenix. Tickets are $20. Students from high schools in Ahwatukee, Anthem, Chandler,… Read More →

CBRE completes $46M sale of Cantera Apartment Homes

Cantera Apartment Homes
by in AZRE Magazine | Multi-Family

CBRE completed the sale of Cantera, a 288-unit multifamily community located at 2475 W. Pecos Rd. in Chandler, Arizona. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office handled the transaction. The seller was Rockwood Capital and the buyer was Aukum Management. “Strong demand for multifamily housing in Chandler is reflective… Read More →

East Valley development shows results of market health

Tempe
by in AZRE Magazine | Construction

Evidence of a healthy commercial real estate market can be seen throughout East Valley cities where economic development directors expect continued activity as a result of recent success stories and other big plans in the works. The cities of Chandler, Gilbert, Mesa, Scottsdale and Tempe share a common goal to progress their communities through economic… Read More →