Cresa Archives

$7M JLL Hangar sale shows Phoenix aerospace is flying high


The Phoenix office of JLL has closed the $7 million sale of The Hangars at 5615, a major, state-of-the-art office and hangar facility with direct runway access to Phoenix Mesa-Gateway Airport, the hub of Phoenix’s up-and-coming aerospace corridor. Although the property is currently 100 percent vacant, it is being acquired by an investor with an expected commitment for… Read More →

Solar Company consolidates into Tempe industrial property

1230 W 23rd Street

DTZ, a global leader in commercial real estate services, announced that American Solar Electric, Inc., dba American Solar & Roofing, signed a lease for 18,800 square feet at 1230 W. 23rd Street in Tempe, AZ. The Arizona-based residential solar system and roofing services company consolidated offices into the single-tenant, industrial property. The building features ground-floor… Read More →

Cresa Phoenix announces 2014’s top producers

Gary Gregg
by in AZRE Magazine | Brokerage | Newsmakers

Cresa, the largest tenant representation firm in the world, announced its Top Producers of 2014 at the company’s annual spring conference on May 16th in Dallas. The top producers from Cresa Phoenix include: ·      Gary Gregg, Managing Principal ·      Jason Wery, Managing Principal | Project Management ·      Mike Gordon, Vice President CEO Rich Rhodes said,… Read More →

Airport I-10 announces three national tenant leases

Oblique & Renderings of Airport I-10-1

Just as Airport I-10’s 600KSF Phase I approaches completion, Wentworth Property Company/Clarion Partners and the Phoenix office of JLL have announced the signing of three major, national tenant leases that bring one of the largest speculative office projects in Phoenix history to more than 35 percent pre-leased. The new tenants at Airport I-10 include: •… Read More →

IDI Distributors leases 29KSF in Phoenix

IDI Photo, Cresa, WEB

  Cresa Phoenix announced that it completed a 29,242 square foot lease for IDI Distributors, Inc. at 236 E. Pima St. in Phoenix.   Cresa Phoenix Vice President Ted Liles and advisor Grant Kingdon negotiated on behalf of the tenant, IDI Distributors, Inc., a “One-Stop-Shop” for insulation products and technical expertise. The landlord, Thackeray Partners, was… Read More →

Cresa Phoenix adds corporate advisory team

Christopher R. Walton joins Cresa as a Managing Principal of the Phoenix office.

Cresa, a commercial real estate tenant representation firm, just got larger. Cresa Phoenix announced that one of the city’s most successful corporate real estate advisory teams has joined Cresa. Chris Walton will join Cresa’s global platform as a Managing Principal, along with Ryan Burkett as Vice President, and Chris Ellington as Advisor. Alongside the other… Read More →

Cresa executes disposition and new lease for 3M Company

Tenant representation firm Cresa announced that it had executed the disposition of a 270,890 SF building and 42 acres of land for $31.91 million in Ontario, Calif., for 3M Company. As part of the transaction, Cresa Phoenix negotiated a 10-year lease on a 454,877 SF distribution facility to be constructed on a vacant parcel nearby.… Read More →

Cresa Phoenix awarded national honors

by in AZRE Magazine | Brokerage | Featured

Cresa, the largest tenant representation firm in the world, announced the winners of its Teddy Trophy, given to top producers throughout the organization at the Company’s annual spring conference, held this year in Los Angeles. The Teddy Trophy is named for two great “Teddys” in history – President Teddy Roosevelt, and the great Boston Red… Read More →

RED AWARDS 2014: Best Industrial Project

by in AZRE Magazine | Events

On Feb. 26, AZRE hosted the 9th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2013 and the construction teams involved. AZRE held an open call for nominations and more than 100 projects were submitted by architects, contractors, developers and brokerage firms in… Read More →