office Archives

Trends to watch in 5 commercial real estate markets

Phoenix

It’s that time of year again when commercial real estate firms analyze market activity based on numbers and reports from the first two quarters of the year, and predict how that will impact the rest of 2016 through next year. Experts in their respective markets weighed in on the findings from quarter two reports in… Read More →

Clearlink selects Downtown Scottsdale for expansion

Clearlink CEO Phil Hansen (with scissors), Scottsdale Mayor Jim Lane (on Phil’s left) and other area business and civic leaders gathered in Downtown Scottsdale at the ribbon cutting celebration for the grand opening of the company's newest offices. (Photo provided by Saville Studley)
by in AZRE Magazine

A ribbon-cutting celebration and grand opening Wednesday officially marked Clearlink as the latest company to lease class A office space at the Galleria Corporate Centre in Downtown Scottsdale, which is also the company’s first office outside of its headquarters in Utah. Clearlink, a SYKES company offering inbound demand generation and sales conversion services, takes over 40,000 square feet of office space recently vacated… Read More →

Economic expansion resilient, Cushman & Wakefield forcecast says

economy
by in AZRE Magazine

Global commercial real estate services firm Cushman & Wakefield Monday released its latest U.S. Macro Forecast, confirming that the economy weathered rough headwinds in the first half of 2016. The key demand drivers that support property markets—consumer confidence, job growth, low interest rates and consumer spending—all remain firmly intact. “There is no doubt that slowing global demand… Read More →

Tucson mid-year reports show market health

Photo: neilld / 123RF Stock Photo
by in AZRE Magazine | Blogs | Brokerage

According to recently released reports from Cushman & Wakefield | PICOR, the Tucson commercial real estate market continues to see widespread activity across all markets at various levels. These quarter two reports analyze business in the multifamily, industrial, retail and office markets. The cliff notes version of the Q2 reports from Cushman & Wakefield |… Read More →

New hires bring new level of service to healthcare market

Healthcare

With more than 40 years of combined experience in commercial real estate, brokerage and healthcare, Patti Gentry and Chelsea Maddox aim to take Keyser’s healthcare division to the next level with their senior leadership and selfless service mentality. Jonathan Keyser, founder of the company, calls both hires a “great cultural fit with extraordinary commitment to… Read More →

Commercial Properties Inc. reports on Q2 market activity

Commercial Properties Inc.
by in AZRE Magazine | Brokerage

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, released a brief overview of Phoenix’s commercial real estate activity, and reports on the top five transactions in June from second quarter. Jeff Hays, senior vice president of Corporate Services commented on the Phoenix industrial sector”  “In general, the industrial market continues to improve in… Read More →

Colliers International scores leasing rights for Biltmore Center

Biltmore Center

ViaWest Group selected Colliers International in Phoenix as the exclusive leasing agent for Biltmore Center, previously known as Biltmore Financial Center, a landmark Class-A office complex at the northwest corner of 24th Street and Camelback Road. “The new ownership of Biltmore Center has embraced the evolution of office tenancy and is activating an environment that… Read More →

Chandler office building sells for $6.5M

Chandler office
by in AZRE Magazine | Office

Commercial Properties Inc., Arizona’s largest locally owned commercial real estate brokerage, announced the sale of a 66,756 square-foot Class A office/flex building located at 2225 S. Price Rd. in Chandler. John G. Soldo, SIOR of CPI’s Tempe office represented the buyer, Ross Mitchell of Dunbar Real Estate Investment Management from El Segundo, CA, in this $6.5 million sale. “Dunbar… Read More →

LGE Design Build finishes Video West HQ

Video West's newest headquarters
by in AZRE Magazine | Industrial | Office

LGE Design Build has completed construction on Video West Inc.’s new 40,000-square-foot office/warehouse headquarters in Phoenix. Video West Inc., a national audio visual rental and staging company, moved from Tempe to the new location at 1050 N. 52nd St., doubling the size of its former space. The new building provides expedited shipping and receiving capabilities,… Read More →

Want your firm’s name on Phoenix’s skyline?

Phoenix
by in AZRE Magazine | Office

It’s one of the most recognizable buildings in downtown Phoenix’s skyline, and now its name is up for grabs. The Monroe Building, located at 111 W. Monroe St. in Phoenix, announced that it will lease naming rights for the building along with the 27,000 square foot two-floor Penthouse that crowns the building. The naming rights opportunity… Read More →

CBRE completes sale of Tempe corporate center

Tempe Corporate Center
by in AZRE Magazine | Office

CBRE completed the sale of 1515 Corporate Center located at 1515 W. 14th St. in Tempe. The 228,000 square-foot, single-story office building commanded a sales price of $16.5 million. The property was vacant at time of sale. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office negotiated the transaction and partnered with Dave Seeger and Karsten Peterson… Read More →

Harrison Properties will build 80KSF office building

Harrison Properties
by in AZRE Magazine | Construction | Office

Chandler Elliot Partners LLC, an investment partnership headed by Jim Harrison of Harrison Properties, purchased a 12.8-acre commercial land site at Arizona Avenue and Elliot Road in Chandler. Chandler Elliot Partners plans to construct and develop a 80,000 square-foot office building pre-leased to the Arizona Department of Economic Security. The all-cash transaction totalled $3,647,692. Escrow… Read More →

SVN closes more than $1.5 million in lease transactions

123rf.com: Vitaliy Vodolazskyy
by in AZRE Magazine | Brokerage

SVN’s Phoenix offices closed out February with $1.5 million in lease transactions, which includes medical offices, and office space. Rommie Mojahed and Mary Nollenberger leased 1,408 square-feet of medical office space to Kyle Huish with Smile Today Peoria, LLC. The property is located at 13460 N. 94th Dr. in Peoria. The tenant was represented by Mojahed and Nollenberger… Read More →

Retinal Consultants of Arizona move to new HQ

Retinal Consultants of Arizona
by in AZRE Magazine | Office

Once the site of swimming and sweat, a former Bally’s Fitness Center built in the late 1980s in the Arizona Business Park, 15401 N. 29th Ave., has itself undergone a total makeover to become the new headquarters of Retinal Consultants of Arizona (RCA). The 36,378 square-foot building sat vacant for more than six years prior… Read More →