Raising Cane’s Archives

Tucson Raising Cane’s sells for $4.15M

Tucson Raising Cane's
by in AZRE Magazine | Retail

Tucson’s first Raising Cane’s location was sold for $4.15 million to Leal 2002 Family Trust by Phoenix-based Eisenberg Company, according to brokers who worked on the deal. The property is located at 6352 E. Broadway Blvd. in Tucson, and the sale was a record low CAP rate for a Raising Cane’s in Arizona. The single-tenant… Read More →

Bell Road mixed-use project announces retail tenants

Bell Road
by in AZRE Magazine | Construction | Mixed-Use

Evergreen Development is ramping up construction at its 31-acre Trellis on Bell community at 12th Street and Bell Road in north Phoenix. The Phoenix-based developer is beginning construction on the community’s residential apartments, while new restaurant and retail tenants Café Rio, Blaze Pizza and Arizona Hair Company have signed leases to help anchor the 12,171-square-foot shops… Read More →

Raising Cane’s Phoenix location sells for $3.5M

by in AZRE Magazine | Brokerage | In The Spotlight

Marcus & Millichap, a commercial real estate investment firm, announced Dec. 30 the sale of Raising Cane’s, a 3,848-square foot net-leased property located in Phoenix, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,550,000. Jamie Medress and Mark Ruble, investment specialists in Marcus & Millichap’s Phoenix office, had… Read More →

Bob Parsons affiliate buys Cornerstone shopping center

ORION Investment Real Estate announced Tuesday the sale of The Cornerstone shopping center in Tempe, Ariz., located on the NEC of Rural Road and University Drive adjacent to Arizona State University.  The 117,351-square-foot center sold for $28,556,152 to Cornerstone Retail, L.L.C., a commercial real estate entity affiliated with YAM Properties which was founded by Valley… Read More →

Glendale Raising Cane’s location sold

by in AZRE Magazine | Brokerage | In The Spotlight

Marcus & Millichap, a commercial real estate investment services firm, announced the sale of Raising Cane’s, a 3,033-square foot net-leased property located in Glendale on Friday, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,550,000. Mark Ruble and Jamie Medress, investment specialists in Marcus & Millichap’s Phoenix office,… Read More →

Raising Cane’s® Chicken Fingers Continues Its Arizona Expansion

Cassidy Turley has completed a  0.83-acre (36,213 square feet) build-to-suit lease for MRG Marketing & Management, Inc., Southwest franchise partner for Raising Cane’s Chicken Fingers, at Arrowhead Marketplace, located at the northwest corner of Bell Road and 79thth Avenue in Glendale. Cassidy Turley Vice President Mark Bramlett represented MRG in its lease transaction with the… Read More →