phoenix Archives

8 Ogletree Deakins attorneys earn ‘Best Lawyers’ honors

Fennemore Craig

Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, announced that eight attorneys from the firm’s Arizona offices have been listed in The Best Lawyers in America© 2017. The attorneys on the 2017 list were selected based on an exhaustive peer-review survey that examines… Read More →

CBRE completes 5 multifamily transactions in Metro Phoenix

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by in AZRE Magazine | Brokerage | Multi-Family

CBRE has completed the sale of five multifamily properties in the metropolitan Phoenix area totaling $11.7 million. Brian Smuckler and Jeff Seaman, of the firm’s Multifamily Investment Properties group, brokered the following transactions: Sandalwood Square is a 68-unit community located at 4325 N. 23rd Avenue in Phoenix.  The Buyer was HK 24th Street, LLC of… Read More →

PIR spearheads $500K Ronald McDonald House renovation

AVONDALE, AZ - MARCH 15:  Carl Edwards, driver of the #19 Stanley Toyota, leads a pack of cars during the NASCAR Sprint Cup Series CampingWorld.com 500 at Phoenix International Raceway on March 15, 2015 in Avondale, Arizona.  (Photo by Chris Trotman/NASCAR via Getty Images)

Phoenix International Raceway, through Phoenix Raceway Charities, is spearheading a $500,000 renovation project for the Ronald McDonald House Charities of Phoenix. The donation marks the largest contribution to date by the organization and is a result of fundraising and commitments generated from Phoenix Raceway’s 50th Anniversary season in 2014. “The services and support Ronald McDonald… Read More →

Phoenix-based Carvana closes $160M funding round

carvana

Carvana, the leading national online auto retailer and creator of the world’s first coin-operated Car Vending Machine, today announced it closed a new $160 million Series C funding round, bringing total funding to $460 million. This funding round will be used to support Carvana’s growth, including expanding physical operations and Car Vending Machines to new… 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 →

Fennemore Craig attorney appointed to State Bar committee

Coppersmith Brockelman

Fennemore Craig, a leading Mountain West regional firm, announced Carrie Pixler Ryerson, an attorney in the firm’s Phoenix office, has been appointed to the State Bar of Arizona’s Civil Jury Instruction Committee. “Fennemore Craig and its attorneys have a long history of serving the legal profession,” said Steve Good, managing partner of Fennemore Craig. “We… Read More →

Phoenix sale is among 10 largest industrial deals of the year

sale
by in AZRE Magazine | Industrial

In one of the top 10 largest industrial transactions of the year, The Koll Company, and Seera Investment Bank B.S.C.(c), based in the Kingdom of Bahrain, acquired a 1,009,351-square-foot distribution center in Phoenix, Arizona for $74.75 million.  The massive warehouse, located within the Buckeye Logistics Center, is fully leased to a Fortune 50 international E-Commerce company,… Read More →

Impress Labs and Duo PR merge, form KiteRocket

Content Marketing

Impress Labs and Duo Public Relations Inc., both flourishing U.S. West Coast public relations and marketing firms, today announced the two agencies have merged. For the immediate future, the two brands will continue to operate under their existing agency names, though now they are part of the newly formed parent company KiteRocket LLC. The move… Read More →

CBRE completes $10.85M sale of JCPenney

JCPenny
by in AZRE Magazine | Brokerage

CBRE has completed the sale of a single-tenant, JCPenney located in the Ahwatukee Foothills, on East Ray Road and the I-10 freeway. Joseph R. Compagno with CBRE’s Phoenix office represented the seller, Yorktown Corporation of Santa Cruz, Calif., and the buyer, GRT Ray JCP, LLC of Santa Monica, Calif. The 104,880-square-foot retail property commanded a… Read More →

Stanton says immigration reform should be a priority

Greg Stanton, Kaci Demarest, WEB

Phoenix Mayor Greg Stanton told a panel of mayors here that immigration reform needs to be Hillary Clinton’s “No. 1 domestic priority” if she is elected in November. Stanton stressed the importance of “young, bilingual, entrepreneurial” Latinos to Arizona’s economy, saying that comprehensive immigration reform would give the city a boost. “It would be an… Read More →

Phoenix Suns, city and state officials see great opportunity in Mexico City games

Phoenix Suns will try and make a playoff appearance, without Amare

When people think of sports in Mexico, they usually think about soccer, but the Phoenix Suns are hoping to grow the game of basketball with the Mexican people. On Wednesday, the team announced it will have two consecutive games in Mexico City in January 2017 and be the host team. The first game will be versus the… Read More →

ABI Multifamily negotiates Biltmore Corridor sale

ABI Multifamily
by in AZRE Magazine | Brokerage | Multi-Family

Brokerage firm ABI Multifamily negotiated the $6,045,000 ($118,529/Unit) sale of the 18 at Biltmore Apartments, a 51-unit apartment community located in Phoenix, Arizona. 18 at Biltmore is a low density, one and two-story apartment community built from 1957 to 1962 of concrete construction and sits on approximately 3.5 acres of land. The property consists of… Read More →

The Villas at Baker Park launch as $35M Phoenix infill project

barker

The Villas at Baker Park, a gated community of 44 new semi-custom homes, is currently under construction at the NW corner of Osborn and 40th street in East Phoenix, on what was formerly the site of Baker Nursery. Richard Felker and Rich Zacher, Principals of Empire Residential, the newly-launched community development component of The Empire… Read More →

Tucson business leader will match $1M for Arizona Theatre Company

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Tucson business leader and Arizona Theatre Company (ATC) board member Mike Kasser will guarantee $1 million toward ATC’s $2 million fund-raising goal if an equal amount can be raised through the outreach effort now underway. As a result, the ATC Board of Trustees has extended the fund-raising deadline for this effort from Friday, July 1… Read More →