Tag Archives: lease

Stapley Corporate Center, Mesa

Big Deals: Office, June 2014 – July 2014

azre_big_dealsThere’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 month out from publication) based on research compiled by Cassidy Turley and Colliers International with CoStar.

Top 5 Notable Leases and Sales (June 1, 2014 to July 31, 2014) Source: Cassidy Turley Research Department, Colliers International and CoStar.

Office Sales

1. Stapley Corporate Center, Mesa
180,083 SF; $32.5M
Buyer: Buchanan Street Partners
Seller: DESCO Southwest
Listing BrokerS: Chris Toci and Chad Littell, Cushman & Wakefield
BUYING BrokerS: Mark Gustin, JLL

2. 92 Mountain View, Scottsdale
115,200 SF; $24.1M
Buyer: Equus Capital Partners, LTD
Seller: Teachers Retirement System of Illinois
Listing Brokerage: CBRE

3. Scottsdale Gateway I, Scottsdale
106,931 SF; $20M
Buyer: Equus Capital Partners, LTD
Seller: Teachers Retirement System of Illinois
Listing Brokerage: CBRE

4. Chandler Corporate Center, Chandler
67,561 SF; $13,914,000
Buyer: Palisades Capital Realty Advisors
Seller: Held Properties
Listing Brokerage: JLL

5. Zanjero Falls, Glendale
147,405 SF; $9.1M
Buyer: Select Healthcare Solutions
Seller: Pacific Coast Capital Partners
Listing Brokerage: Cassidy Turley

Office Leases

Rivulon, Gilbert

Rivulon, Gilbert


1. Rivulon, Gilbert
150KSF
Landlord: Nationwide Realty Investors
Tenant: Isagenix International LLC
Landlord Brokers: Fred Darche and John Cerchiai, Lee & Associates
Tenant Brokers: Pat Williams and Andrew Medley, JLL

2. ASU Research Park, Tempe
110KSF
Landlord: Arizona State University
Tenant: Amkor
Landlord BrokerAGE: Cassidy Turley

3. City North, Phoenix
77,391 SF
Landlord: ScanlanKemperBard Companies
Tenant: Sprouts Farmers Market
Landlord BrokerAGE: JLL
TENANT BrokerAGE: Cresa

4. First Chandler Business Park, Chandler
70KSF
Landlord: MJA Investments
Tenant: Crown Castle
Landlord BrokerAGE: Lee & Associates
TENANT BrokerAGE: Colliers International

5. Black Canyon Tower, Phoenix
33,373 SF
Landlord: The Koll Company
Tenant: Homesite
Landlord BrokerAGE: Colliers International
TENANT BrokerAGE: JLL

ScottsdaleGateway

CSW leases 16,306 SF at Scottsdale Gateway II

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 Cassidy Turley’s Office Group represented the landlord, while Glenda Keeney Gibson of KW Commercial represented the tenant.

Established in 1982, CSW Contractors Inc. is a general engineering contractor for municipalities and private enterprises though out the Southwest. It specializes in aviation construction, industrial landfills and mines, site work and street improvements. The Scottsdale Gateway II space will be used for CSW’s corporate headquarters.

“CSW is a perfect fit for the building and we are excited to have their tenancy.” said Mr. Isacksen.

Built in 1999, Scottsdale Gateway II is a two-story, 107,885-square-foot, Class A office project built on 8.45 acres. The property is centrally located in the Scottsdale Submarket at Loop 101 and Mountain View Road and is within walking distance to restaurants and shopping. Scottsdale Gateway II is 71% leased with 31,276 square feet available and suites ranging from 899 square feet to 13,258 square feet. The project has ample parking and exposure to Pima Road. For more information contact Gordon Raguse at 602-224-4452.