Glendale (Central Az) Archives

IPA brokers $55.2M sale of Indigo Creek

by in AZRE Magazine

Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the sale of Indigo Creek, a 408-unit multifamily community in Glendale, Arizona. The $55.2 million sales price represents more than $135,000 per unit.  “Indigo Creek is a vibrant, luxury multifamily asset that provides new… Read More →

With big-ticket events like Final Four, Glendale tops tourism trade

ESPN at Westgate

If Glendale is going gangbusters (which it is), then the West Valley as a whole is even more gregarious in growth and opportunity. To what does our southwestern state owe for this westward expansion? It’s perhaps not so much “what” as “who.” Say hello to Lorraine Zomok, director of Visit Glendale. Zomok doesn’t just promote… Read More →

Top 15 West Valley attractions to visit during Final Four

Westgate a West Valley attractions

Looking for fun? The West Valley has no shortage of entertainment, activities and attractions for visitors and locals of all ages. Here are 15 of the West Valley’s must-see attractions: Map compiled by Kennedy Jones Arizona Broadway Theatre: Catch a live performance of Disney’s “Beauty and the Beast,” “Camelot,” “Saturday Night Fever” or a live… Read More →

Glendale completes Municipal Landfill Facilities Improvement Project

In 2013, the Glendale City Council was advised by the city’s Department of Public Works staff that operations at the Glendale Municipal Landfill’s “south area” were approaching capacity and the closure of the southern portion of the landfill was eminent. Glendale city leaders moved forward and approved a plan that called for the seamless transitioning… Read More →

Arizona Coyotes arena in Tempe? Not happening

Arizona Coyotes arena

The plan to build a proposed Arizona Coyotes arena in Tempe, near Tempe Marketplace, has been killed. On Friday, ASU released a statement saying that is has no intention of signing a development agreement, an option to lease, or any other agreement with the Coyotes. ASU did not give a reason for why it has… Read More →

Glendale firefighter to cook for charity

Thirteenorth Grille will host its monthly Charity Guest Chef Night on Jan. 29 with a Glendale firefighter heating up the kitchen. The event benefits Glendale Fire Charities and Local 493 United Phoenix Firefighter Charities. It is scheduled for Sunday, Jan. 29, for 5 to 9 p.m. at Thirteenorth Grille, 1301 E. Northern Ave. Cost is… Read More →

IPA arranges $42M sale of The Isle at Arrowhead Ranch

IPA
by in AZRE Magazine

Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, negotiated the sale of The Isle at Arrowhead Ranch, a 256-unit apartment property in Glendale, Arizona. The $42 million sales price equates to $164,000 per unit. Gebing and Cliff David, a senior director of Marcus &… Read More →

ABI Multifamily negotiates $13.5M Glendale apartment sale

ABI Multifamily
by in AZRE Magazine | Multi-Family

ABI Multifamily negotiated the $13,500,00, $48,913-per-unit sale of the 276-unit, Casa Bellisima Apartment Homes, located in Glendale, Ariz. Built in two phases in 1983/84 and highly repositioned in 2015, the property features a mix of Studio, 1 and 2-bedroom unit types, with a weighted average unit size of approximately 648 square feet. “In April of… Read More →

Signs of life: medical office leasing gains momentum

medical office
by in AZRE Magazine | Brokerage | Newsmakers

Plaza Companies’ Brokerage Services Team secured six significant new leases as part of increasing momentum in the medical office real estate sector. The six leases exceed 39,000 square feet, ranging from 3,000 square feet to 12,131 square feet and boasting a total value of more than $4 million. Sharon Harper, president and CEO of Plaza Companies, says the six transactions were representative of an… Read More →

Arizona Forward honors environmental excellence

Deemed a “building of the future,” Northern Arizona University’s International Pavilion earned the coveted President’s Award (Best of Show) in Arizona Forward’s 36th Annual Environmental Excellence Awards presented by SRP. Jurists praised the facility as among the greenest building of its kind in the world. Arizona Forward celebrated the 36th anniversary of its historic program… Read More →

Gila River Arena will host ArenaBowl for first time

For the first time in the Arena’s history, the Arena Football League will hold a championship Bowl Game at AEG Facilities’ Gila River Arena in Glendale, AZ.  The five-time ArenaBowl Champion Arizona Rattlers will host the Philadelphia Soul in the AFL ArenaBowl on Friday, August 26 at 4:00PM PDT at Gila River Arena. The game will… Read More →

Conair breaks ground on $40 million Glendale facility

by in AZRE Magazine | Construction

Consumer-products manufacturer Conair Corp. has broken ground on the design-build construction of a new $40 million plus facility adjacent to their existing campus in the Glen Harbor Business Park. This pushes the total Conair campus square footage in Glendale to 2.3 million sq.-ft. — that’s 52.8 acres under roof. — making the Glendale Conair Campus… Read More →

Celebrate the parks with these fun Glendale parks and recreation events

Phoenix Suns will try and make a playoff appearance, without Amare

The summer can get rather dreary, but in spite of the heat there are many awesome things to do at your local park. To celebrate Parks and Recreation Month this July, Glendale Parks and Recreation is hosting a series of inside and outside activities for all to enjoy. July Parks and Recreation Month Highlights include:… Read More →

Daum negotiates sales in Phoenix and Scottsdale

by in AZRE Magazine | Brokerage

Daum Commercial Real Estate Services has negotiated the $5.362 million sale-leaseback of a large medical practice group of west valley properties – the 19,679-square-foot medical office complex, Fountains Medical Center located at 5620 W. Thunderbird Road in Glendale and the 5,262-square-foot medical office center, Indian School Professional Plaza at 9150 W. Indian School Road in… Read More →