Mesa Archives

Dobson Ranch multifamily complex sells for $19.5M

sold
by in AZRE Magazine | Multi-Family

Berkadia announced the recent sale of La Costa at Dobson Ranch, a multifamily property located in Mesa. The $19.5 million sale was completed on March 15, reflecting a $100,515 per-unit price. Senior Managing Director Mark Forrester, Managing Director Ric Holway and Vice President Dan Cheyne of the Phoenix office all helped facilitate the sale. The… Read More →

Orbital ATK will expand operations in Gilbert, add jobs

orbital

Arizona Gov. Doug Ducey and Orbital ATK, one of the Valley’s leading aerospace and defense technology firms, announced, Friday, the expansion of the company’s engineering operations in Gilbert. The expansion will add 60,000 square feet to the site that includes Orbital ATK’s Satellite Manufacturing Facility, one of the largest and most advanced spacecraft assembly and… Read More →

Eastmark passes more than 1,000 homes sold

Eastmark

Home sales continue at a strong pace in Arizona’s fastest selling community and this month Eastmark celebrated 1,000 home sales since opening in 2013. By the end of 2015, Eastmark earned a top spot in two of the nation’s real estate reports, RCLCO and John Burns Real Estate Consulting, ranking number seven and eight among… Read More →

Spring Training boosts some cities while others wait

Spring Training

Building spring training facilities for big-league clubs is considered an investment by Valley cities that will spur development. Some of the 10 Cactus League venues have come through, with one city manager calling March the city’s “second Christmas.” Others are struggling. Here’s a look at how some Cactus League stadiums are doing: Sloan Park, Mesa … Read More →

Report: East Valley hotbed of leasing activity

East Valley
by in AZRE Magazine

Known for its pro-business climate, high quality of life, diversified economy with a skilled workforce, robust infrastructure and public-private collaboration, the PHX East Valley region continues to experience significant growth fueled by emerging local business and national corporate relocations. Comprised of the cities of Chandler, Gilbert, Mesa, Tempe, Apache Junction and Queen Creek, the region offers a… Read More →

Shea Homes announces grand opening at Eastmark

unspecified

Shea Homes Arizona opened three new model homes, Saturday, featuring Shea3D innovation in Eastmark, a master-planned community in Mesa. Ambition at Eastmark, located Ray and Ellsworth Roads at Eastmark Parkway, will offer 99 home sites, with minimum lot sizes of 45 feet by 120 feet and homes ranging from 1,723-2,869 square feet. The Shea3D plans… Read More →

State Farm plans to hire 1,000 new employees

Marina Heights rendering courtesy of DAVIS.

In the first half of 2016, State Farm plans to hire 1,000 employees in the greater Phoenix area, and will hold a job fair on Tuesday, Jan. 12 in Mesa. The insurance firm plans to add more employees as it expands in the Phoenix area throughout the year. State Farm announced earlier in January it… Read More →

SVN Phoenix closes 2015 with $4.5M in deals

122375084
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 →

Mesa Airlines adding 18 Embraer 175 aircraft

E175 330 Phoenix

Mesa Airlines, Inc. today announced the expansion of its agreement with United Airlines to operate three additional Embraer 175 aircraft, bringing the total number of United Express aircraft operated by Mesa to 68. In October, the company announced an agreement for the addition of 15 new aircraft scheduled for delivery in 2016, which has now… Read More →

Arcade bar growth turns Valley into multiplayer arena

Endgame Bar co-founder and co-owner Ryan Scott plays a video game while seated at one of the several bars inside. Photo by Jason Axelrod, Cronkite News.
by in AZ Business Magazine | Economy

Dillon Thompson has spent one to two hours at Endgame Bar nearly every day since the 22-year-old first started going about two and a half months ago. The reason? Endgame’s nearly 700 free games – a mix of arcade machines, home console games and computer-based games – combined with a stocked bar and kitchen make… Read More →

Healthy fast food trend sweeps the Valley

Salad and Go

Salad and Go will soon satisfy the need for better and healthier fast food with the opening of three new locations. This game changing, drive-thru fast food concept will open to Tolleson residents in December 2015, quickly followed by their first Phoenix location in January and their second Mesa location in February 2016, with four more… Read More →

East Valley Market Update

Country Club light rail station

The East Valley is lit. In October, Marina Heights will begin lighting up its floors on the State Farm campus in Tempe and earlier this month, Mesa began seeing more of the light rail. The East Valley is comprised of submarkets on fire, thanks to the educated workforce coming out of higher education institutions. Tech… Read More →

Mark-Taylor to bring spacious multifamily concept to Mesa

Photo courtesy of Mark-Taylor.com

The first Mark-Taylor-developed rental community in Mesa in almost two decades, San Posada, is well underway and promises to meet a need that is gradually diminishing with the proliferation of high-density communities: those with expansive living areas and wide, open, private spaces. “Our communities are ideal for those who are testing the waters before finding… Read More →

Environmental Excellence Awards honor state’s best

bioscience

The Sun Link Tucson Streetcar earned the coveted President’s Award (Best of Show) in Arizona Forward’s 35th Annual Environmental Excellence Awards, held in partnership with SRP. The project is the first Made in America streetcar in nearly 60 years. Arizona Forward celebrated its 35th milestone anniversary of this historic program, in addition to the competition’s… Read More →