Don Morrow Archives

Tucson apartments sell for $3.12M

sold
by in AZRE Magazine | Multi-Family

Marcus & Millichap (NYSE: MMI), a commercial real estate investment services firm with Phoenix offices, completed the sale of Tucson apartments, the Desert Cove, a 70-unit apartment property. Don Morrow, regional manager of the firm’s Phoenix office, said the asset sold for $3,120,000. Hamid Panahi, James Crawley, Cliff David and Steve Gebing, investment specialists in Marcus &… Read More →

Marcus & Millichap arrange sale of 76-unit property

123rf.com: Vadim Guzhva

Marcus & Millichap announced the sale of Candela Park, a 76-unit apartment property located in Mesa, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $5,925,000. Cliff David, a Marcus & Millichap vice president investments, Steve Gebing, a senior director with Institutional Property Advisors, a division of Marcus… Read More →

Hotel Tucson City Center Inn Suites sells for $9.65M

Hotel Tucson City Center Inn Suites

Marcus & Millichap has sold Hotel Tucson City Center Inn Suites, a 267-room hospitality property located in Tucson, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $9,650,000. James I. Meng and Jon R. Grantham, hospitality investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market… Read More →

Marcus & Millichap sell three properties totaling $10.75M

Ventana

Ventana Medical Systems Inc. Marcus & Millichap announced the sale of Ventana Medical Systems Inc., a 60,000-square foot net-leased property located in Marana, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $8,600,000. Mark Ruble and Jamie Medress, investment specialists in Marcus & Millichap’s Phoenix office, had the… Read More →

Sunflower apartments in Tucson sell for $4.1M

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Marcus & Millichap announced the sale of Sunflower, a 144-unit apartment property located in Tucson, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $4,100,000. Hamid Panahi, Cliff David and Steve Gebing, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property… Read More →

Marcus & Millichap closes the sale of 3 properties

ORION

Wells Fargo Marcus & Millichap announced the sale of Wells Fargo Ground Lease, a 4,692-square foot net-leased property located in Marana, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $2,118,000. Jamie Medress and Mark Ruble, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing… Read More →

Marcus & Millichap elects executive vice president investments

promotion
by in AZRE Magazine | Newsmakers

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has named Peter Katz an executive vice president investments, according to John J. Kerin, president and chief executive officer, and Don Morrow, regional manager of the firm’s Phoenix office. Most recently Katz held the position of… Read More →

Marcus & Millichap sells Phoenix apartments for $3M

ORION

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Tidewood, a 49-unit apartment community located in Phoenix, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,000,000. Trevor Hardy, investment specialists… Read More →

Raising Cane’s Phoenix location sells for $3.5M

Raising Cane, Marcus Millichap, WEB
by in AZRE Magazine | Brokerage | In The Spotlight

Marcus & Millichap, a commercial real estate investment firm, announced Dec. 30 the sale of Raising Cane’s, a 3,848-square foot net-leased property located in Phoenix, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,550,000. Jamie Medress and Mark Ruble, investment specialists in Marcus & Millichap’s Phoenix office, had… Read More →

Glendale Raising Cane’s location sold

Raising Canes, WEB
by in AZRE Magazine | Brokerage | In The Spotlight

Marcus & Millichap, a commercial real estate investment services firm, announced the sale of Raising Cane’s, a 3,033-square foot net-leased property located in Glendale on Friday, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,550,000. Mark Ruble and Jamie Medress, investment specialists in Marcus & Millichap’s Phoenix office,… Read More →

Marcus & Millichap arranges sale of Southern Ridge

Southern Ridge, Grass, WEB
by in AZRE Magazine | Brokerage | In The Spotlight

Marcus & Millichap, a commercial real estate investment services firm with offices throughout the United States and Canada, announced Wednesday the sale of Southern Ridge, a 113-unit apartment property located in Mesa, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $6,510,000. Pete Te Kampe, an investment specialist in… Read More →

Brake Plus buys 5KSF in Peoria

Brakes Plus, WEB
by in AZRE Magazine | Brokerage | In The Spotlight

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Brakes Plus, a 5,128-square-foot net-leased property located in Peoria, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1,735,000.   Mark Ruble and Jamie Medress,… Read More →

Alvarado Apartments sell in Phoenix

Alvarado Apartments
by in AZRE Magazine | Brokerage | In The Spotlight

Marcus & Millichap announced the sale of Alvarado Apartments, a 10-unit apartment property located in Phoenix, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $425,000. Chris Lake, Brian Tranetzki, and Richard Butler, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property… Read More →

Marcus & Millichap leases 700 SF for $1.2M

Salad to Go, Marcus Millichap, WEB
by in AZRE Magazine | Brokerage

Marcus & Millichap announced the sale of Salad and Go, 20-year lease, a 700-square-foot net-leased property located in Gilbert, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1,175,700. Jamie Medress and Mark Ruble, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market… Read More →