Inc. Archives

Cushman & Wakefield negotiates $2.85M sale

Charter Palms
by in AZRE Magazine | Featured

Cushman & Wakefield of Arizona, Inc. completed the $2,825,000 million sale of the Charter Palms Apartments, 1220 N. 44th St. The complex was constructed in 1974 and contains 74 apartment units totaling 60,400 square feet ($46.77 PSF).  The property, which includes five buildings, is 69 percent occupied. Plaza de Vista, LLC of Tempe purchased the… Read More →

ACA names Arizona Innovation Challenge semifinalists


The Arizona Commerce Authority (ACA) today announced 25 semifinalists in its Fall 2014 Arizona Innovation Challenge (AIC), a bi-annual business plan competition awarding $3 million annually to talented entrepreneurs. Each year, the ACA awards – $1.5 million in the spring and $1.5 million in the fall – to the most qualified, innovative startups and early-stage… Read More →

Ryan Companies named general contractor mentor of the year

Ryan Companies Logo
by in AZRE Magazine | Construction | In The Spotlight

“Honored to be recognized for building these lasting community relationships,” is how Senior Project Manager Cindy Olsen described the recognition of Ryan Companies US, Inc. as General Contractor Mentor of the Year by the Associated Minority Contractors of Arizona (AMCA) at its 17th Annual Awards Banquet on November 8. Ryan Companies continues its long history… Read More →

Verde Investments buys Superstition Commerce Park

Superstition Commerce Park, Courtesy of Cassidy Turley

Cassidy Turley has announced the sale of Superstition Commerce Park, a 15.97-acre industrial project west of the northwest corner of U.S. Highway 60 and Sossaman Road. Phoenix-based Verde Investments, Inc. purchased the property for $8.8 million from Delta SCP, LLC. The buyer is an owner/user and plans to occupy the project. Cassidy Turley Executive Managing Directors… Read More →

Topgolf’s Topgolf U Redefines Golf Lessons


Golf entertainment leader Topgolf International, Inc. today launched Topgolf U, a new golf instructional program developed to help grow the game. With lessons starting at $20, Topgolf® aims to attract a wide audience of player hopefuls, from juniors to adults and novices to experts. Topgolf U combines the fun, high-energy environment of Topgolf with world-class,… Read More →

NorthMarq arranges $21.4M loan for Lion’s Ridge Apartments

Lion's Ridge Apartments

John Kinser, vice president and Luke Donahue, senior vice president of NorthMarq Capital’s Phoenix office collaborated with David Link, senior vice president/senior director of NorthMarq Capital’s Denver office to secure a $21,377,000 construction loan for Lion’s Ridge Apartments, a 114-unit, workforce housing, multifamily development located at 1280 North Frontage Road, Vail, Colorado. NorthMarq arranged the… Read More →

Freeport Industrial Center reaches full occupancy

Freeport Distribution Center
by in AZRE Magazine | Brokerage | In The Spotlight

Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease  at Freeport Industrial Center, 5502 W. Buckeye Ave.   Elontec, an award-winning, woman-owned office furniture, relocation and cabling company, will consolidate its operations and relocate its corporate headquarters to the property. This lease brings the 103,400-square-foot Freeport Industrial Center to 100 percent occupancy. Elontec has… Read More →

Bioscience innovators will pitch at White Hat Investors


Bioindustry Associations from across the Rocky Mountain Southwest Region are coming together to present an opportunity for Angels, Venture Capitalists and Strategic Investors to connect with the biotech and healthcare investment opportunities from across the Rocky Mountain Southwest states at White Hat Investors 2014 in Phoenix, Arizona on September 17 and 18, 2014. “The West… Read More →

Az Business honors Most Admired Companies


BestCompaniesAZ and Az Business magazine honored 40 companies at the 2014 Arizona’s Most Admired Companies award reception on September 11, 2014 at the Westin Kierland Resort. Arizona’s Most Admired Companies are selected based on how a company has performed in the following areas: workplace culture, leadership excellence, corporate and social responsibility, customer opinion and innovation.… Read More →

Future Coronado Commons sold to SRM Development

Coronado Commons, courtesy of Architectural Resource Team, Inc.

Cashen Realty Advisors announced the sale of a 1.37-acre residential parcel located at 329 E. Coronado Road in the Alvarado Historic District Area of Phoenix. The parcel is zoned R-4 and has approved plans for 20 three-story townhome units. The property, destined to be the Coronado Commons, sold for $1,323,000 and is one of the… Read More →

Alter Asset Management named PM for Corridors


Alter Asset Management (AAM) has been awarded the contract to provide comprehensive property management services for the 80-acre Corridors – Phoenix mixed-use park.  Comprising four buildings totaling 164,410 SF, the park was recently acquired by Adler Realty Investments, Inc. Samuel F. Gould, President of AAM, made the announcement. Adler Realty Investments, Inc. (Adler) is a… Read More →

Penco Properties buys Harris Park Professional Plaza

Courtesy of CPI
by in AZRE Magazine | Brokerage | In The Spotlight

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, announced the sale of Harris Park Professional Plaza.  Tyson Breinholt and Shane McCormick of CPI’s Tempe Office Group represented both the buyer and seller in this transaction. The 27,864 SF, Class B office building is located at 1550 E McKellips Road in Mesa, Arizona… Read More →

Lincoln Property Co. acquires Freeport Distribution Center

Freeport Distribution Center, WEB

Lincoln Property Company (LPC) has acquired the two-building, 219,240-square-foot Freeport Distribution Center industrial project in southwest Phoenix. Freeport Distribution Center is located at the northwest corner of Buckeye Road and 51st Avenue, just minutes from the Phoenix Sky Harbor International Airport. The project is a close-in infill site offering immediate connectivity to the I-10, I-17… Read More →

Enterprise Bank adds 4 leaders to advisory board


Enterprise Bank & Trust has added four respected business leaders to its Phoenix Advisory Board to help lead the bank as it continues to grow in the Southwest. Joining the 12-member board are Jeffrey S. Beyersdorfer of Western Refining, Inc., Jason Funk of Western Window Systems, Bill Lavidge of The Lavidge Company and Craig Rock… Read More →