lease Archives

Washington Federal signs long-term lease at Scottsdale Spectrum

Washington Federal moves to Scottsdale Spectrum
by in AZRE Magazine | Office

Washington Federal signed a 10-year, 9,793-square-foot lease at Scottsdale Spectrum, 6720 N. Scottsdale Rd., with the lease scheduled for third quarter 2017. Lee & Associates Principals Adam Tolson and Jim Watkins represented the landlord, Scottsdale-based Globe Corporation. Glenn Smigiel of CBRE procured Washington Federal. Washington Federal has 238 branches in the 9 western states and 31… Read More →

Desert Commercial Advisors announce August sales and lease transactions

Desert Commercial Advisors
by in AZRE Magazine | Brokerage

Desert Commercial Advisors continue to prove that retail and office are still thriving in today’s Arizona market. Directors of Retail Leasing and Investment Sales, Rommie Mojahed and Mary Nollenberger have focused on the economic development of Chandler and Surprise, Arizona. The team has been instrumental in lease transactions for the upscale entertainment center at Chandler Crossings… Read More →

Desert Commercial Advisors announces sales, leases

by in AZRE Magazine | Brokerage

Desert Commercial Advisors announced its recent sales and leases, totaling $1,515,000 million in sales across the Valley, and 21,915 square-feet worth of leased out space. Sales: Office advisors, Justin Horwitz and Paul Borgesen III sold 8,643 square-feet to Michael Smith, who was represented by SRM Development for $635,000.00. The retail property is located at 2722 N.… Read More →

SVN Phoenix closes 2015 with $4.5M in deals

by in AZRE Magazine | Brokerage

SVN’s Phoenix office closed out 2015 with $4.5 million worth of sales and leases through collaborative efforts by its retail, office and multifamily teams. SALES Michael Gustafson sold 18,585 square-feet to Pete Coury with Jabbel Holdings, LLC for $2,565,555. The retail property is located at 2737 W. Thunderbird Rd. The Best Buy shops are well-known… Read More →

December De Rito Partners Commercial Transactions

by in AZRE Magazine | Brokerage

De Rito Partners, Inc. December commercial transactions: Pharmacy opening at Hamstra Square in Chandler: Best Care Pharmacy signed a lease at the northeast corner of McQueen Road and Pecos Road in Chandler. Gordon Heckaman and Carl Jones, Jr. represented the Landlord in the transaction for the 1,204 square-foot space. Tenant line-up growing at new Artesian… Read More →

$11.5M acquisition loan for lease property

CBRE Capital Markets has arranged an $11.5M loan in the sale of a triple-net leased retail property leased to Sports Authority. The 50,714-square-foot property sold for $15.25M. Geoffrey Harris, with CBRE’s Capital Markets Debt & Structured Finance group in Phoenix, arranged the five-year loan on behalf of the buyer, a private investor based in Florida.… Read More →

Big Deals: Retail, June 2014 – July 2014

by in AZRE Magazine | Brokerage | In The Spotlight

There’s no such thing as a “small” deal in this industry, coming out of a recession. However, it’s the big deals, and the brokers who make them, that make the market an interesting one to watch. In every issue, AZRE publishes the top five notable sales and leases for a period of 60 days (one… Read More →

Big Deals: Office, June 2014 – July 2014

by in AZRE Magazine | Brokerage | In The Spotlight

There’s no such thing as a “small” deal in this industry, coming out of a recession. However, it’s the big deals, and the brokers who make them, that make the market an interesting one to watch. In every issue, AZRE publishes the top five notable sales and leases for a period of 60 days (one… Read More →

CSW leases 16,306 SF at Scottsdale Gateway II

by in AZRE Magazine | Brokerage

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that it represented owner Pollock Gateway II, LLC, in its 16,306-square-foot lease with locally based CSW Contractors Inc. at Scottsdale Gateway II, 8901 East Mountain View Road in Scottsdale, AZ. Senior Vice President Gordon Raguse and Associate Vice President Scott Isacksen of… Read More →