Pat Feeney Archives

Brokers, developers and projects honored at 2016 Best of NAIOP

by in AZRE Magazine | In The Spotlight

The Arizona chapter of NAIOP honored developers, projects and brokers at its 2016 Best of NAIOP awards. This year, Grady Gammage Jr., a real estate and zoning attorney who was a founder of Gammage & Burnham, received the Award of Excellence at the ceremony, which was held at the Arizona Biltmore. Gammage has had a long career, which… Read More →

CBRE to lease and market Buckeye Business Center

CBRE

Five Star Development enlisted CBRE to lease and market its 698,853 square-foot, multi-tenant Buckeye Business Center in Phoenix. Pat Feeney, Dan Calihan and Rusty Kennedy with CBRE’s Phoenix office will lead the marketing and leasing efforts for the Class A facility (8585 W. Buckeye Road) located along Buckeye Road between 83rd and 87th Avenues. Built… Read More →

Phoenix logistics center sells for $22.4M

Phoenix Logistics Center
by in AZRE Magazine | Industrial

An LEED Certified distribution center, the Santa Fe Logistics Center, in Phoenix was sold by Phoenix-based development and investment firm Tratt Properties for $22.4 million to national food distributor Greco & Sons Inc., according to CBRE. The local distributor of Budweiser, Hensley Beverage Company, occupies 112,669 square feet of the 367,963-square-foot industrial center located at 4450 N. 45th… Read More →

Industrial & office steal spotlight from multifamily at 10th Annual IREM-CCIM Economic Forecast

While many turned their attention to Washington D.C. for the inauguration of President Donald Trump, the Valley’s heaviest hitters in commercial real estate joined forces at the 10th Annual IREM-CCIM Economic Forecast on Friday at the Arizona Biltmore. For the program, 21 of the Valley’s top commercial real estate leaders with 521-plus years of combined CRE… Read More →

North Loop 101 business center sells for more than $41M

CBRE has announced the sale of North Loop 101 Business Center in Phoenix. The class A, multi-tenant business park is comprised of four buildings: 950, 960 West Behrend Drive and 19810, 19820 North 7th Avenue. The property commanded a sale price of $41.75 million. Dan Calihan, Ashley Brooks, Pat Feeney and Rusty Kennedy with CBRE’s… Read More →

Propak Logistics leases 50KSF in Phoenix

by in AZRE Magazine | Brokerage | Featured | In The Spotlight

CBRE has completed a 48,735-square-foot lease at Estrella Business Park located at 1010 S. 65th Avenue in Phoenix. Propak Logistics, Inc. has leased the space marking the companies first location in metropolitan Phoenix and bringing the property to 100 percent leased. Pat Feeney, Dan Calihan and Rusty Kennedy with CBRE’s Phoenix office, along with Bob… Read More →

Coldwater Depot Logistics Center enters phase 3

Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers and investors, and joint venture partner Clarion Partners, a leading U.S. real estate investment manager, announced Tuesday that construction has begun on Coldwater Depot Logistics Center, Phase 3, a 187KSF, class-A speculative industrial building in Avondale, Ariz. Construction is scheduled to be… Read More →

Michael Lewis Co. buys parcel in Goodyear Gateway South

Goodyear Gateway South, the 221-acre industrial zoned park being developed by EJM Development Co. just north of the Phoenix Goodyear Airport, has announced its first user. Michael Lewis Co. (MLCo) has purchased a 30-acre parcel for development. The financial terms of the transaction were not disclosed. Pat Feeney, Dan Calihan and Rusty Kennedy with CBRE’s… Read More →

Valley Of The Submarkets

by in AZRE Magazine | Featured

Jeff Hays, senior vice president of sales and leasing at Commercial Properties Inc., is starting his 30th year specializing in the industrial sector and will be the first to tell you that everybody’s busy and no one’s complaining. LGE Design Build has 54 industrial projects either in the ground or in design, says President Dave… Read More →

Industrial Evolution: West Valley poised for land grab

Dick’s Sporting Goods built a 720KSF distribution center in Goodyear to service its West Coast stores. A California-based investor erected a 400KSF spec shell in Surprise’s Southwest Railplex business park. Corporate giants, Macy’s, Amazon, Sub-Zero, Marshall’s/TJ Maxx, Southwest Products and WinCo have landed or expanded their vast West Valley industrial operations within the last two… Read More →

Mountain Vista Commerce Center Sells for $11.36M

by in Brokerage | Business News

CBRE has completed the sale of Mountain Vista Commerce Center located at 14647 S. 50th St. in Phoenix. The three-building, 134,713 SF industrial complex commanded a sale price of $11.36M. Dan Calihan, Pat Feeney, Joe Porter and Rusty Kennedy of CBRE’s Phoenix office negotiated on behalf both the buyer and seller in the transaction. The… Read More →

Plannings Pays Off For 202 South Mountain Freeway

Loop 202 - AZ Business Magazine Oct/Nov 2006

The New 202 Plannings pays off for 202 South Mountain Freeway By David Schwartz Tom Tait Jr. just chuckles when quizzed about the future of his family’s land holdings in the West Valley, a large expanse of property that has been in the portfolio since the 1970s. Are there any great plans for development? Are… Read More →