colliers international Archives

Colliers International honors eight Phoenix brokers

Coldwell Banker Commercial Advisors
by in AZRE Magazine | Brokerage

At its annual awards banquet, commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI, TSX:CIG) recognized eight brokers in the Greater Phoenix region as being among the company’s top performers for 2015 across the United States, Canada and Latin America. These professionals were honored in Washington, D.C., during Colliers International’s largest annual meeting, the… Read More →

2015 medical office vacancy lowest since 2008

medical office vacancy
by in AZRE Magazine | Medical

The Greater Phoenix medical office market strengthened in 2015, particularly in the second half of the year, according to Colliers International‘s fourth quarter 2015 medical office market report. Vacancy ended the year below 17 percent, the lowest figure since mid-2008. Local vacancy is expected to continue this gradual pace of improvement, even as a few new… Read More →

Phoenix Mountain Park Plaza sells for $9.7M

Mountain Park Plaza
by in AZRE Magazine | Retail

Colliers International in Greater Phoenix negotiated the sale of Mountain Park Plaza on 7th Street and Baseline Road in Phoenix, for $9,665,000. Mindy Korth, executive vice president; and Kirk Kuller, vice president, with Colliers’ Phoenix office represented the seller, Western America Commercial, which is a 19-member Tenant in Common based in Issaquah, Washington. The seller… Read More →

Colliers International adds associate vice president

JLL

The Colliers International Phoenix office announced the appointment of Associate Vice President Nick Ault, who specializes in retail and restaurant real estate services with a focus on tenant representation. Ault will partner with Daniel Ortega, vice president, a highly-regarded retail specialist. The team represents local, regional and national tenants, buyers and sellers in the leasing,… Read More →

Colliers International promotes six brokers

SmithGroupJJR

Colliers International in Greater Phoenix promoted six brokerage professionals to executive positions. “Colliers is pleased to announce the well-deserved promotions of six key professionals, who represent best-in-class in our industry,” said Bob Mulhern, managing director of Colliers International in Greater Phoenix. “Their promotions reflect their expertise, achievements and commitment to the success of our clients.”… Read More →

Colliers adds Rachael Thompson to team

Tyler Smith

Colliers International’s Phoenix office added Rachael Thompson as its senior associate, and she will specialize in healthcare real estate services while focusing on landlord representation. Thompson joined the healthcare services team of Michael Dupuy and Fletcher Perry, both associate vice presidents; and Sean Westfall, associate. She is also a member of Colliers’ Healthcare Services Group,… Read More →

Old Town property sells for $1.25M

Funding Startup Companies Jumpstart Economy
by in AZRE Magazine | Brokerage

Colliers International negotiated the $1.25 million investment sale of the former Pottery Paradise property located in Old Town at 4338 N. Scottsdale Rd. The site is currently fully leased to a Mexican food restaurant, Diego Pops. Stan Sanchez, senior vice president with Colliers, represented the seller, Scottsdale-based Pottery Paradise, Inc. The property was acquired jointly… Read More →

Colliers International completes 17.5KSF lease

Arizona Commercial Real Estate Development
by in AZRE Magazine | Brokerage

Colliers International recently completed a 17,500-square-foot long-term lease for Maricopa Corporate College, part of the Maricopa County Community College District. Maricopa Corporate College leased the space at 1050 W. Washington Street, Suite 100, in Tempe from Sunstate. The space will provide conference, training and meeting rooms for on-site workforce programs and classes. Colliers International executives… Read More →

Daum negotiates $7.4M lease for Sherwood Bedding

Daum

Daum Commercial Real Estate Services has negotiated the 142,146-square-foot lease for Sherwood Bedding, located at the northeast corner of 94th Avenue and W. Buckeye Road in Tolleson for $7.4 million. Steve Bodeman of Daum Phoenix and Damian Rivera of E. Smith Realty Partners in Dallas represented Sherwood Bedding in the lease. Payson and Don MacWilliam… Read More →

Colliers completes high price-per-square-foot sale

margrave celmins

Colliers International in Greater Phoenix recently completed the sale of a 6,000-square-foot freestanding office building for $1.5 million, or $250 a square foot. The Scottsdale office building located in the Indian Bend Corporate Centre currently houses the Law Offices of Margrave Celmins, P.C. 8171 E. Indian Bend Rd, LLLP of Scottsdale traded the property, 8171… Read More →

Colliers completes Thunderbird Wellness Centre sale

Thunderbird Wellness
by in AZRE Magazine | Brokerage | Medical | New to Market

Colliers International in Greater Phoenix recently completed the sale of the Class A, 56,413-square-foot Thunderbird Wellness Centre in Peoria, Arizona. The institutional-quality medical and wellness complex was 88-percent occupied at the time of the sale. MedProperties in Northbrook, Illinois purchased the center, located at 6750-6790 W. Thunderbird Rd., from Second City Real Estate in Vancouver,… Read More →

Colliers assists Veterans Affairs with health center lease

Jonathan Ammon of OffTheGroundAZ.com

Colliers International in Greater Phoenix recently assisted the U.S. Department of Veterans Affairs in securing a long-term office lease in the 80,814-square foot Estrella Health Center in Phoenix. The Phoenix VA leased the 4th floor of the building, located at 9250 W. Thomas Road, from Legend Real Estate Management with corporate offices in Los Angeles.… Read More →

Colliers’ ASU-UA survey turns into Duel in the Desert

OLYMPUS DIGITAL CAMERA
by in AZRE Magazine | Events | In The Spotlight

Colliers International in Greater Phoenix conducted an unscientific survey of whether it has more ASU or U of A fans in advance of the annual football matchup, to be held this year on Nov. 21 at Sun Devil Stadium in Tempe. The result turned into another Duel in the Desert with Ramey Peru, who served as UofA’s punter from… Read More →

Colliers completes $6.5M lease and sale for Rae Family Trust

Rae Family Trust

Colliers International in Greater Phoenix recently completed a $1.96 million office lease and a $4.525 million sale of the same multi-tenant industrial office building for the James A. Rae Family Trust of Phoenix, which is exclusively represented by Colliers Vice Presidents Kim Soulé and Tom Knaub. The property, owned by the Rae Family Trust, is… Read More →