Mesa Archives

East Valley development shows results of market health

Tempe
by in AZRE Magazine | Construction

Evidence of a healthy commercial real estate market can be seen throughout East Valley cities where economic development directors expect continued activity as a result of recent success stories and other big plans in the works. The cities of Chandler, Gilbert, Mesa, Scottsdale and Tempe share a common goal to progress their communities through economic… 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 →

ULI will explore evolution of suburban core

LGE Design Build
by in AZRE Magazine | Events

Across the country, suburban areas are becoming dynamic centers of change, new cultural activity and economic growth. What do the Valley’s suburban municipalities have to offer? That and other questions will be answered as ULI Arizona explores the essential strategies and lessons learned for transforming suburban communities into compact, walkable, hip places at its next… Read More →

Arizona Forward honors environmental excellence

Northern Arizona University’s International Pavilion earned the coveted President’s Award at Arizona Forward’s 36th Annual Environmental Excellence Awards.

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 →

Maracay Homes buys 37 Mesa homesites

McDowell Sonoran Preserve, Photo: Flickr, Dru Bloomfield - At Home in Scottsdale

Maracay Homes, a wholly owned company of the TRI Pointe Group (NYSE:TPH), purchased 37 homesites for $2.1 million. The sites are located near the Superstition Mountains in north Mesa, Arizona, the homebuilder announced Friday. The parcel, situated east of Brown and Crimson Roads, two miles east of the Loop 202, is zoned and pre-platted for… Read More →

LGE Design Build starts construction on aerospace distribution facility

LGE Design Build
by in AZRE Magazine | Construction

LGE Design Build started construction on a new 33,000-square-foot distribution center for WireMasters, a distributor of wire, cable and associated electrical components for cable harnesses serving the military, aerospace and defense industry. The new distribution center, expected to be complete in early 2017, will serve the southwestern United States. Located at 1748 N. Higley Rd. in Mesa, the building… Read More →

CBRE completes $5.4M sale of Rosewood Villas in Mesa

Rosewood Villas.jpg
by in AZRE Magazine

CBRE has completed the sale of Rosewood Villas, a 76-unit multifamily community located at 210 N. Alma School Road in Mesa. The class B apartment complex commanded a sale price of $5.4 million. Brian Smuckler and Jeff Seaman, leads of CBRE Multifamily Investment Properties team, negotiated the property on behalf of both buyer and seller.… Read More →

Blandford Homes buys 12.6-acres in Mesa

Blandford Homes
by in AZRE Magazine

Mesa-based Blandford Homes was the winning bidder in a Flood Control District of Maricopa County land auction for 12.6-acres, according to Cushman & Wakefield. The master-planned community firm won the auction for the land with a bid of $1.76 million. The land purchase is located on the northeast corner of Loop 202 and McDowell Road in Mesa. Blandford… Read More →

The Weitz Company finishes senior living community

Weitz Company

The downtown Mesa age-restricted senior living community, Encore on First West, has officially been completed, according to a Wednesday announcement by The Weitz Company. Encore on West First is a 44,000 square-foot, 4-story building, 44 unit complex that was built with accommodations for a future solar panel system on the roof. The community is a… Read More →

Teen business bootcamp and more THINKspot this summer

THINKspot

Unleash your creativity with THINKspot this summer. THINKspot, located at the Red Mountain Library, 635 N. Power Rd. will be holding a series of summer workshops designed for teenagers 12 and up. The summer events include: Film Camp – June 13-23 Learn the basics of filmmaking, from brainstorming ideas, acting, script writing, to film production,… Read More →

New home starts up 60% from last year in Phoenix

homes

Metrostudy’s 1Q16 survey of the Phoenix housing market shows annual home starts, attached and detached, in the Phoenix area numbered 16,687 over the past four quarters ending 1Q16, a 60% increase YoY and up 13% from 4Q15. Quarterly starts in 1Q16 numbered 3,928 units, up 47%% from 1Q15. Annual closings numbered 12,651, up 20% YoY,… Read More →

Vestar adds 350K SF to Phoenix portfolio

Vestar
by in AZRE Magazine

Vestar, one of the leading privately held real estate companies in the western United States, has been retained by a family owned company as the property management firm for Superstition Springs Center, a 186,766-square-foot community retail center located in Mesa, Ariz. and Ancala Village, a 173,185-square-foot community retail center located in Scottsdale, Ariz. Vestar now manages more than 26 million square feet. Vestar’s team brings a… Read More →

Salt River Tubing to open early, celebrates 35 years

Salt River Tubing

Salt River Tubing‘s opening day is April 30, 2016, Saturday, 9:00 a.m. – 6:30 p.m., on the Lower Salt River. The cost is only $17 per person or tube which includes tube rental, shuttle bus ride and free customer parking at Salt River Tubing. Salt River Tubing is located in the Tonto National Forest, just… Read More →

Mesa apartments sell for $27.25M

Mesa apartments
by in AZRE Magazine | Multi-Family

Berkadia announced the recent sale of Valencia Crossing, a multifamily property located in Mesa. The $27.25 million sale – completed on April 8 – reflected a per-unit price of $68,640. Valencia Crossing is located at 111 N. Gilbert Rd., near U.S. Route 60 and Loop 202. It is less than five miles from Hohokam Stadium, spring… Read More →