Chris Marchildon Archives

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 →

Peoria Avenue office space sells for $10.55M

Peoria Avenue
by in AZRE Magazine | Office

Desert Canyon 200, a 98,761-square-foot office space located at 2421 W. Peoria Ave. in Phoenix, was sold to Scottsdale-based G2 Capital for $10.55 million, according to CBRE. The seller was REEF Desert Canyon LLC, managed by Seattle-based Washington Capital Management. Barry Gabel, Chris Marchildon, Jim Bayless and Ashley Brooks with CBRE’s Phoenix office represented the… 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’s Chris Marchildon earns NAIOP Developing Leaders Award

by in AZRE Magazine | Newsmakers

CBRE announced Senior Associate Chris Marchildon has been honored with a prestigious NAIOP Developing Leaders Award for 2016. Now in its 11th year, the national award program honors up-and-coming commercial real estate professionals across the country, 35 years of age and under, for their valued contribution and commitment to the industry. “I am thrilled to… Read More →

CBRE completes sale of $39M office project

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 →

Chris Marchildon of CBRE will chair NAIOP group

by in AZRE Magazine

Chris Marchildon of CBRE was named 2016 Chairman for the NAIOP Arizona Developing Leaders. Marchildon, a senior associate in Capital Markets, has been a NAIOP member for 8 years. “We have an exciting year ahead, and we look to build on the successes of previous years,” Marchildon said. “Our goals, as always, include improving the communities… Read More →

Washington Business Park sells for $11.15M

CBRE has completed the sale of Washington Business Park located at 5324-5330 E. Washington St. in Phoenix. The ±139,196-square-foot, four-building business park commanded a sale price of $11.15 million. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office represented the seller, BREOF AIP Phoenix, LLC of Toronto, Ontario, Canada. The buyer was Scottsdale-based CAM-10, LLC,… Read More →

Desert Ridge Corporate Center sells for $58.6M

CBRE has completed the sale of Desert Ridge Corporate Center (DRCC) located at 20860, 20830 and 20910 N. Tatum Blvd. in Phoenix. The institutional grade office and retail development is located in the Desert Ridge master-planned community. The asset totals 293,161 square feet and commanded a sale price of $58.6 million. The property was 75… Read More →

California Investor Buys Motorcycle Mechanics Institute

Cassidy Turley announced the successful sale of a ±40,427 square foot Class B flex project at 2932 West Deer Valley Road in Phoenix’s Deer Valley Submarket. California-based Hyperion Fund L.P. purchased the property for $5.97 million ($148.00/psf) from California-based 2932 DVR LLC. Executive Managing Director Eric Wichterman and Senior Vice President Mike Coover with Cassidy… Read More →

Motorcycle Mechanics Institute building sells for $6M in Deer Valley

by in AZRE Magazine | Brokerage | Featured

CBRE has completed the sale of the Motorcycle Mechanics Institute (MMI) Building located at 2932 W. Deer Valley Rd. in Phoenix. The 41,739-square-foot technical training facility commanded a sale price of $5.975 million. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office represented the seller, 2932 DVR, LLC. The buyer, Hyperion Fund, LP, was represented… Read More →

It takes two

Valley principals host young professionals in inaugural advocates program A look around the room at a Valley Partnership Friday Morning Breakfast (FMB) reveals a who’s who of Arizona’s commercial real estate industry. You’ll see seasoned professionals sitting next to up-and-comers, and though these are an effective networking tool, Valley Partnership took the concept to the… Read More →

CBRE sells two Class-A offices for $44M in Scottsdale

by in AZRE Magazine | Brokerage | Featured

CBRE has negotiated the sale of two premier class A office buildings in the Phoenix metro area for a total consideration of $44.15 million. The sale included the ±106,931-square-foot Scottsdale Gateway I, located at 9201 E. Mountain View Rd. in Scottsdale, and the ±116,200-square-foot 92 Mountain View, located at 10001 N. 92nd St. in Scottsdale.… Read More →