colliers international Archives

Colliers completes $6M sale of triple net retail center

Arrowhead Lakes Marketplace

Colliers International in Greater Phoenix recently completed the sale of Arrowhead Lakes Marketplace, a 22,280-square-foot, grocery-anchored retail center for $6 million ($269.30 per square foot). DCL Investments, LLC of Marreno, La., purchased the property, located at 20329 North 59th Avenue in Glendale, from AHR, LLC of Scottsdale. Steve Gonzalez, senior vice president; Marcus Muirhead, vice… Read More →

Cindy Cooke – Most Influential Women In Commercial Real Estate

Photo by Mike Mertes, Az Big Media

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 have held minimum wage jobs, slowly working through the ranks to a C-suite. A few have known the… Read More →

Big Deals: Industrial/Sales, July–August 2015

JLL_WhiteStar_4x6

It’s the big deals, and the brokers who make them, that make the market an interesting one to watch. In every issue, AZRE publishes the top five notable sales and leases that have occurred one month out from publication based on research compiled by DTZ and Colliers International with CoStar. 1. White Star Portfolio, Phoenix… Read More →

Colliers completes $3.75M sale of Scottsdale shopping center

Village at Via Linda

Colliers International in Greater Phoenix recently sold Scottsdale’s 35,733-square-foot Village at Via Linda shopping center for $3.75 million as part of a 1031 exchange. Arizona Partners of Phoenix, a real estate developer and investment firm, purchased the center, 8989 East Via Linda, from Village of Via Linda LLC of Los Angeles. Colliers’ Scottsdale office brokered… Read More →

Colliers International completes $3 Million Phoenix land sale

7th Street self storage

Colliers International in Greater Phoenix recently completed the $3,050,000 million land sale of 3.17 acres near 7th Street and Indian School. The site will be re-developed as a 100,000 +/–square-foot self-storage facility with a small retail component on the site. The William Warren Group Inc. of Santa Monica, Calif., purchased the land, located along 7th… Read More →

After Hours: Wheelin’ and dealin’ Rob Martensen

Photo: Mike Mertes, Az Big Media

Colliers International Senior Vice President Rob Martensen has been involved in more than 600 transactions, including industrial sales, leasing, build-to-suits and land sales, but when he isn’t making a deal he is in the driver’s seat. How did you get into off-road racing? I just grew up going to the races and got the opportunity to… Read More →

Top tenant representative Ruth Darby returns to Colliers

ruth
by in AZRE Magazine | Newsmakers

Colliers International in Greater Phoenix has announced the return of Ruth Darby, one of the area’s top tenant representation professionals, to its Phoenix office. Darby, vice president, brings 16 years of in-depth corporate real estate experience. Darby has completed transactions in more than 30 markets throughout the United States and in Canada. She specializes in… Read More →

Scottsdale Airpark Plaza gets new design retrofit and rename

Habitat X Before Picture

Colliers International in Greater Phoenix sold a 41,348-square-foot multi-tenant, Class B office building in Scottsdale for $4.232 million, or $102 per square foot. The former Scottsdale Airpark Plaza building is being fully redesigned, renovated and renamed Habitat-X (known as Hab-X). EDU3 Ventures of Scottsdale and SHOP LLC of Phoenix purchased the building, located at 13430… Read More →

Colliers completes sale of luxury apartment complex in Florida

lease
by in AZRE Magazine | Brokerage | New to Market | Office

Colliers International in Greater Phoenix recently completed the sale of the 390-unit Grand Reserve at Park Isle, a gated Class A multifamily community in Florida. Grand Reserve Borrower LLC of Dallas, Texas purchased the complex, located at 2600 W. Grand Reserve Circle, in Clearwater Florida from Standard Grand Reserve LLC of Arcadia, California. The seller was represented by the Colliers Cooke Team, led by Cindy… Read More →

The great exchange: How 1031 exchanges affect local markets

The Offices at Reems in Surprise were recently exchanged through a 1031 deferral, handled by Colliers International's Rob Martensen.

With the talk of tax reform that would repeal or limit 1031 Exchanges, the global effect of changing like-kind deals is in the spotlight. Section 1031 Exchanges, or like-kind exchanges, are used in commercial real estate to allow investors to reinvest their profits into a new property through an exchange of a similarly valued property… Read More →

Senior care facility developer buys land in Arrowhead Ranch

Orchard Pointe at Arrowhead, Courtesy of Colliers International

Colliers International in Greater Phoenix recently completed a $2.23M sale of a 3.95-acre ($13 per square foot) commercial land parcel, where the 100-unit Orchard Pointe at Arrowhead senior care facility is planned. Glendale Heritage LLC of Omaha, Neb., purchased the land, located just north of the northwest corner of Bell Road and 67th Avenue in… Read More →

VIDEO: Colliers’ Rob Martensen competes in Lucas Oil race

Rob Martensen, Photo by Mike Mertes for AZ Big Media

AZRE magazine interviewed Colliers International in Greater Phoenix Senior Vice President Rob Martensen, who recently competed in the Lucas Oil Off Road Racing Series at Wild Horse Pass Motorsports Park in Chandler. Art Director Mike Mertes was there to film him in action on April 28. (Martensen is the blue vehicle before the end of… Read More →

Willow Springs Apartments sells for $13M

Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot). Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007-7 North 27th Avenue LLC of Miami… Read More →

YWCA office sells for $1.85M

by in AZRE Magazine | Brokerage | In The Spotlight

Colliers International in Greater Phoenix recently completed the sale of the 31,746-square-foot YWCA Class B office building in Phoenix for $1.85 million or $58.29 per square foot.   Banner Health of Phoenix purchased the building, located at 755 E. Willetta Street, from Arizona YWCA Metropolitan Phoenix. The buyer was represented by Pat Williams, managing director… Read More →