phoenix Archives

Slideshow: Downtown’s latest hip apartments, Proxy333

Proxy333 header
by in AZRE Magazine | Multi-Family

Some were miffed when the the original building where Proxy333 now stands was torn down, but they’d be excited to hear the upcoming luxury apartments are still paying homage to what once was. The Tilton Development Company and Goodman Real Estate developers commissioned local muralist Such Styles to work on murals at the new apartments,… Read More →

Berkadia completes midtown Phoenix multifamily sale

Berkadia
by in AZRE Magazine | Multi-Family

Berkadia completed, Wednesday, the sale of Barrington Regent, a Class B rental community in Phoenix. The $11 million sale was completed on May 18, and reflects a $88,709 per-unit price. Located at 825 W. Osborn Road, Barrington Regent is less than a mile from the Metro Light Rail and approximately one mile from the Downtown… Read More →

BKM acquires 3-property industrial portfolio in Phoenix

BKM
by in AZRE Magazine | Industrial

BKM Capital Partners, an institutional fund manager, acquired the RREEF Tempe portfolio, a 305,524 square-foot three-property portfolio, in an off-market transaction. The three properties are located in Tempe. The portfolio consists of 16 multi-tenant light industrial buildings and was purchased for $24.1 million, which is 34 percent below replacement cost. This portfolio was acquired as… Read More →

Ryan Companies announces 1st East Valley Living Spaces

Small Business Administration Awards
by in AZRE Magazine | Retail

Ryan Companies US, Inc. joined Living Spaces executives and Town of Gilbert leaders Thursday at San Tan Village to celebrate the grand opening of Living Spaces’ first east Valley store, warehouse and showroom. Ryan began construction on the 98,400 square foot retail project in August of 2015 and was responsible for the shell of the building, along with the site hardscape and paving activities.… 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 →

Nicole Stanton earns Outstanding Achievement Award

Nicole Stanton is managing partner of Quarles & Brady's Phoenix office.

Quarles & Brady LLP Managing Partner Nicole Stanton was honored by the Southwest Center for HIV/AIDS with its 2016 Outstanding Achievement Award during the organization’s 21st Annual Night for Life Gala, which took place on Saturday, May 14 at the JW Marriott Camelback Inn Resort and Spa in Scottsdale, Ariz. “The Night for Life Outstanding Achievement Award recognizes an individual who… Read More →

Advocates buy historic Roland’s Market

Roland's Market
by in AZRE Magazine

A team of downtown Phoenix advocates have purchased the historic Roland’s Market building in downtown Phoenix, and will restore it to create an iconic space in the growing Eastlake Park and Garfield neighborhoods. The 4,800 square-foot, multi-use property at 1505 E.. Van Buren St. was purchased for $270,000. Roland’s Market is available to lease, and… Read More →

Cancer survivors take the stage in ‘A 2nd Act’

Women on stage after a performance of "A 2nd Act: Survivorship Takes the Stage" in Chicago.

Everyone loves a good story, but ask any cancer survivor and they’ll tell you their cancer story doesn’t end when treatment does. Once a survivor leaves the cocoon of her medical care, she feels cast adrift with no safety net. There is no Humpty Dumpty moment when all the pieces of her life are put back… Read More →

St. Francis offers new summer menu

Resized_Wood Roasted Summer Squash_St Francis_Summer 2016

As the Arizona heat arrives, St. Francis, known for wood-fired cuisine with an emphasis on seasonal ingredients, is taking a refreshing twist on its new menus. The summer’s brightest and most flavorful local vegetables take center stage to create dishes that are light, yet rich with mesquite and almond wood flavors from roasting in the… Read More →

Coffee shops spark downtown Phoenix growth

Independent coffee shops are on the rise in downtown Phoenix, helping bring a sense of community to the rapidly developing area, shop owners and city officials say. (Photo by Taylor Nelson/Cronkite News)

Late on a Sunday morning, Lola Coffee Bar can expect an eclectic group of people, from college students gathering to gossip, to businessmen meeting to discuss the week ahead, to dedicated readers with books open on their laps. The dining area is small, with several community-style tables that brings all of these different people together.… Read More →

CBRE completes sale of Stratford Plaza

Corporate and Commercial Photography  
by Mark Skalny 1-888-658-3686  
www.markskalny.com
#MSP1207
by in AZRE Magazine | Brokerage

CBRE has completed the sale Stratford Plaza located at 1219 E. Glendale Avenue in Phoenix. The ±20,400-sq.-ft. retail strip center was 84 percent occupied at time of sale and commanded a sale price of more than $2.27 million. Steve Julius and Jesse Goldsmith with CBRE’s Phoenix office negotiated the transaction. The seller was La Crescenta… Read More →

Downtown Phoenix development shows need for walkable streets

downtown Phoenix

Downtown Phoenix streets, once scattered with vacant lots and modest housing, are now abuzz with the ceaseless sounds of cranes, backhoes and tractors. More than 20 apartment and condo buildings are rising, a boom that will add more than 2,000 living spaces by 2017. Expectations also are rising. City officials and residents say walkable, lively… Read More →

Medical office demand on rise

Multi-State Medical Office Building Portfolio
by in AZRE Magazine | Medical

Colliers International in Greater Phoenix released its Medical Office Research and Forecast Report for first quarter 2016. Conditions were mixed in the Greater Phoenix medical office market in the first quarter. Vacancy ticked lower, but the rate rose in on-campus buildings. Across the market, rents dipped in the first quarter, but have inched higher over… Read More →

Gould Evans celebrates 20 years in Phoenix

Gould Evans

This has been a big week for Gould Evans Phoenix. On Friday, the nationally recognized design and planning firm earned a 2016 PRIDE (Professional Recognition of Interior Design Excellence) Award in the category of commercial space under 10,000 square feet. The awards were presented by the International Interior Design Association (IIDA). And this week, Gould Evans Phoenix celebrates… Read More →