cushman wakefield Archives

C&W | PICOR rolls out more November transactions Vitaliy Vodolazskyy
by in AZRE Magazine | Brokerage | New to Market

SALE AVIVA Children’s Services, Inc. purchased a 7,373 square foot industrial building at 821–825 E. 47th St. in Tucson from BOKF, National Association, dba Bank of Oklahoma, for $370,000.  Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller and Terry Lavery with Tucson Realty & Trust Company, represented the buyer in this… Read More →

Dared 89 buys future Valley office building for $3.6M

4039 Raymond

Dared 89 LLC (dba Douglas Allred Company) of Cushman & Wakefield purchased a ±64,853 square foot industrial building at 4039 E. Raymond Street in Phoenix for $3.6 million. The San Diego-based full-service real estate firm announced plans to tear down the existing building and develop Allred 40, a ±90,000 square foot, two-story office building. Cushman &… Read More →

Matson Money will expand operations in Scottsdale

La Curvata

Cushman & Wakefield has released that Matson Money will significantly expand its Scottsdale operations with the lease of 47,482 square feet of office space at La Curvata in the Scottsdale Airpark. The Cincinnati-based company is a full-service Registered Investment Advisor firm offering asset management services through independent financial professionals nationwide. Matson Money currently occupies approximately 7,000… Read More →

Camelback Crossing shopping center sells for $14.5M


Cushman & Wakefield has announced that Madison Plaza 1, LLC, an entity formed by a California investor, purchased Camelback Crossing for $14.5 million. The Seller was Nevada Holding Co., L.P., a Delaware Company. Executive Managing Directors Ryan Schubert and Michael Hackett of Cushman & Wakefield negotiated the sale on behalf of the seller. Built in… Read More →

NAIOP Arizona names chairman, board for 2016

by in AZRE Magazine

NAIOP Arizona named Bob Hubbard of LBA Realty as its Chairman for 2016. The commercial real estate industry group also named its new officers, five new board members and re-nominated an existing board member. Hubbard, Vice President at LBA, will be joined by officers Larry Probuba, Vice Chairman, The Opus Group; Matt Mooney, Programs Chair,… Read More →

Mangat purchases industrial building and land for $2.4M


Mangat Investments I, LLC has purchased a 40,081 square foot freestanding industrial building on 3 acres of land at 7138 N. 110th Ave. in Glendale, AZ, for $2 million. The company also purchased 4.52 acres of additional land adjacent to the building at 7100 N. 110th Ave. for $390,000. Cushman & Wakefield Vice President Louis… Read More →

Menlo Equities purchases Thistle Landing office park

Thistle Landing

Affiliate of Menlo Equities LLC purchased the remaining three buildings of the Thistle Landing office park located at 4801, 4805 and 4811 E. Thistle Landing Dr.. Chris Toci, Chad Littell, Jerry Noble, Pat Devine and Greg Mayer of Cushman & Wakefield represented the seller, Torchlight Investors LLC of New York, in the disposition. No outside… Read More →

North Mountain Plaza in Phoenix sells for $10.5M

North Mountain

Arizona-based Pivot Development, LLC has purchased North Mountain Plaza, a retail center in Northwest Phoenix for $10,577,000. Cushman & Wakefield Senior Vice Presidents Dan Salley and Jack Wilson negotiated the purchase transaction on behalf of the buyer. Cam Stanton of CBRE represented the seller, CT Retail Properties Finance IV, LLC. North Mountain Plaza is located… Read More →

Cushman & Wakefield | PICOR October transactions feverpitched
by in Blogs

SALE Brad Dorsey Investments, LLC purchased a 6,000 square foot industrial building on 4.50 acres at 3911 N. Highway Dr. in Tucson from Highway Drive, LLC for $725,000.  Rob Glaser, SIOR, CCIM, and Pat Welchert, SIOR, Industrial Specialists, with Cushman & Wakefield | PICOR, represented the seller and Mike Hennessy with Burris, Hennessy & Co.,… Read More →

Where obsolescence ends, new trend begins


A flour mill, a bowling alley, a former shopping mall. All of these retail centers have one thing in common — they’re fated to become creative office space. The life expectancy of older office buildings hangs in the balance along the streets of Midtown and other sub-markets in Arizona that saw extensive growth in the mid-80s.… Read More →

Papago Plaza in Scottsdale sells for $12.5M

Papago Plaza

Cushman & Wakefield has announced that Arizona-based Pivot Development, LLC has purchased Papago Plaza and an adjacent office building in South Scottsdale for $12.5 million. Cushman & Wakefield Senior Vice Presidents Dan Salley and Jack Wilson negotiated the acquisition. Papago Plaza is a pueblo-style retail center located at 7047 E. McDowell Rd. The retail building… Read More →

North Central office buildings in Phoenix sell for $10.4M

East Missouri Buildings

Cushman & Wakefield announced that Arizona-based East Missouri LLC has purchased the East Missouri Office Buildings for $10.4 million. Eric Wichterman, Mike Coover, Bob Buckley, Tracy Cartledge, Steve Lindley, Ben Geelan, Chris Toci and Chad Littell of Cushman & Wakefield’s Capital Markets Group negotiated the sale. East Missouri Office Buildings, located at 711 and 777… Read More →

McKellips Business Park in Tempe sold for $1.38M

McKellips Business Park_DSC09612

Cushman & Wakefield has announced the $1.38 million sale of McKellips Business Park in Tempe. This completes the final property to be sold from the PS Business Parks portfolio, bringing the total portfolio sale price to approximately $54.5 million. Singh Organic Soils purchased the 22,855-square-foot building located at 1733 E. McKellips Rd. as an investment.… Read More →

C & W | PICOR rolls out more October leasing transactions Jakub Jirsak

LEASE Expert Restaurant Supply, LLC leased 11,195 square feet at 3770 E. 43rd Pl. in Tucson from Doubletree Investments, Inc.  This represents an expansion for Expert Restaurant Supply, a seller of a wide selection of restaurant equipment and supplies. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the… Read More →