CPI Archives

2 Phoenix industrial buildings sell for $4.8M

Phoenix
by in AZRE Magazine | Industrial

Two industrial investment buildings at 3249 & 3259 E. Harbour Dr. were bought for $4.8 million by Tashi G Zouras, Trustee, according to Commercial Properties Inc./CORFAC International. The buildings equaled approximately 42,001 square feet and are located in Southbank Business Center, just off the I-10 and 40th Street. Ron Schooler of CPI’s Investment Specialist Team… Read More →

Retail Center at 19th Avenue and Osborn Road sells

19th avenue and Osborn Road
by in AZRE Magazine | Retail

The former Bayless Shopping Center in Phoenix, near 19th Avenue and Osborn Road, was sold for $1.74 million to CVP-19th & Osborn LLC by The Ireland Family Trust, according to Commercial Properties Inc./CORFAC International (CPI). The new owners plan to renovate the 30,000-square-foot shopping center that was built in 1950 and owned by Bayless Investment and Trading… Read More →

50,000 SF manufacturing facility finished in Prescott

Manufacturing facility
by in AZRE Magazine | Construction

A 50,000-square-foot built-to-suit manufacturing facility in Prescott was finished for its occupants, Vinyl Visions LLC, which is relocating from Southern California to the new facility. The two-story facility sits on 3.5 acres and has vinyl extrusion capabilities. Vinyl Visions provides window trim and other products nationwide for the window and door industry. Sun State Builders completed… Read More →

CPI negotiates $1.85M industrial sale

CPI
by in AZRE Magazine | Brokerage

Arizona-based brokerage firm Commercial Properties Inc./CORFAC International. (CPI), completed the $1.85 million sale of an industrial investment building located at 61 S. William Dillard Dr. in Gilbert, Ariz. The building is approximately 14,910 square feet, located in the Elliot Commerce Park. Jeff Hays of CPI’s Industrial Team represented the owner, Sagamore Properties LLC. Hays commented, “This property was built in… Read More →

Commercial Properties Inc. reports on Q2 market activity

Commercial Properties Inc.
by in AZRE Magazine | Brokerage

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, released a brief overview of Phoenix’s commercial real estate activity, and reports on the top five transactions in June from second quarter. Jeff Hays, senior vice president of Corporate Services commented on the Phoenix industrial sector”  “In general, the industrial market continues to improve in… Read More →

Chandler office building sells for $6.5M

Chandler office
by in AZRE Magazine | Office

Commercial Properties Inc., Arizona’s largest locally owned commercial real estate brokerage, announced the sale of a 66,756 square-foot Class A office/flex building located at 2225 S. Price Rd. in Chandler. John G. Soldo, SIOR of CPI’s Tempe office represented the buyer, Ross Mitchell of Dunbar Real Estate Investment Management from El Segundo, CA, in this $6.5 million sale. “Dunbar… Read More →

90-year-old Landmark Restaurant sold to events company

Commercial Properties, Inc. announced the sale of the historic Landmark Restaurant in Mesa to a wedding and reception company. Rex Griswold and Andrew Jaffe of CPI’s Sales & Leasing Team represented the sellers, Don and Candy Ellis in this transaction. Aldea Weddings of Peoria purchased the ±10,000 SF building at 809 W. Main St.  The… Read More →

Indian Bend Corporate Center condo sells for $1.413M

by in AZRE Magazine | Brokerage

Commercial Properties, Inc. announced the sale of a ±9,002 SF office condo. Ron Schooler and Kenneth Elmer of CPI’s Scottsdale Office Group represented the seller, Cazona Commercial Properties, LLC in this transaction. RLB Real Estate Holdings LLC purchased the ±9,002 SF Class B Office condo in the Indian Bend Corporate Center, at 8111 E. Indian… Read More →

CPI sells 5 industrial acres in Phoenix

Commercial Properties, Inc. has sold ±5 acres located at 3502 E. Roeser Rd. in Phoenix. Jeff Hays, Chad Neppl and Ryan Steele of CPI’s Tempe Industrial Team represented the seller, Hadco Corporation, in this $1.58 million sale. The site offers convenient freeway access and is located south of Broadway Road and east of 32nd Street. â€¦ Read More →

Commercial Properties sells retail storefront and office plaza

by in AZRE Magazine | In The Spotlight

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, announced the sale of 4522-4530 N 7th Street in Downtown Phoenix, Arizona.  Brandon Koplin of CPI’s Tempe Office Group represented the Buyer, Canal and Seventh, LLC. The ±12,613 SF, fully leased building was built in 1965 and is located just south of Camelback Road… Read More →

Winters Arizona buys 13KSF office in Chandler

by in AZRE Magazine | Brokerage | In The Spotlight

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a ±12,800 SF office building.  Winters Arizona, LLC purchased 3155-3165 S. Price Rd. in Chandler.  Tyson Breinholt and Shane McCormick of CPI’s Tempe Office Group represented the seller, SFGVI Properties LLC, in this transaction. The buyer purchased… Read More →

Renters Warehouse leases 12KSF in Phoenix

Commercial Properties, Inc. announced the lease of a 12,199 square foot office space for Renters Warehouse Arizona.  Renters Warehouse will be expanding and relocating to 7227 N. 16th Street in Phoenix.  Scott Nelson of CPI’s Scottsdale Office Group represented the tenant, in this transaction. Renters Warehouse Arizona leased 12,199 SF in the Pointe Business Plaza, a… Read More →

16KSF office building sells in Mesa for $1.19M

by in AZRE Magazine | Brokerage | In The Spotlight

Commercial Properties, Inc. announced the sale of 1234 S. Power Rd. in Mesa. Tyson Breinholt and Shane McCormick of CPI’s Tempe Office Investment Group represented the seller, Mesa Springs LLC, and the buyer, Vista Capital Fund LLC. The ±16,333 SF, class-B office building was built in 1988 and is located adjacent to Superstition Springs Mall.… Read More →

Mack Management buys 10KSF office building in Scottsdale

by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, announced the sale of 8722 E. San Alberto Dr. in Scottsdale. Ron Schooler, and Kenneth Elmer of CPI’s Scottsdale Office Investment Group represented the seller, K.B. San Alberto LLC.  The buyer had no broker representation in this transaction. The ±10,216 SF, class-B office building… Read More →