retail Archives

Op-Ed: Slow and Steady Wins the Race for Phoenix Retail

Author: Dave Cheatham, President, Velocity Retail Group, LLC   As we are nearing the end of 2013 there have been several positive trends and factors that have influenced the Phoenix retail real estate market. These factors are being recorded in economic improvement such as job growth, housing prices, and personal income increases as well as… Read More →

CBRE Negotiates 4.25-acre Sale at Mariposa Mall in Nogales, Ariz.

by in Brokerage | Retail

CBRE has negotiated the sale of a 4.25-acre lot at Mariposa Mall Shopping Center in Nogales, Ariz. The commercial retail zoned parcel commanded a sale price of $1.4M. Peter Villaescusa and Jesse Person with CBRE’s Tucson office represented the seller, Phoenix, Ariz.-based HGC/MW Development LTD Partnership. The buyer, SBX Holding Company of Scottsdale, Ariz. was… Read More →

Big Deals: Retail, Aug. to Sept. 2013

There’s no such thing as a “small” deal in this industry, coming out of a recession. However, it’s the big deals, and the brokers who make them, that make the market an interesting one to watch. In every issue, AZRE publishes the top five notable sales and leases for a period of 60 days (one… Read More →

NorthMarq Capital Arranges $4.275M In Combined Mortgages For 2 Chandler Properties

by in Brokerage | Business News

James DuMars, senior vice president and managing director of NorthMarq Capital’s Phoenix Regional office, arranged combined first mortgage refinancing of $4.275M for Paseo Del Oro and Dobson Plaza (above photo) in Chandler. Combined these two properties contain a total of 123,480 SF of retail space. Paseo Del Oro was financed at $2.975M and contains 96,892… Read More →

Making the Retail Experience, Well, An Experience

Shoppers can buy just about anything they’d like or need on the Web. What they can’t do online, however, is make a craft, have their hair done by a blow-dryer-wielding stylist or munch on gourmet snacks delivered to their reserved seats as they’re watching a movie. Call it the retail experience. It’s non-Web entertainment options such… Read More →

Mixed-Use: Celebrity City

Celebrity City, AZRE July/August 2010
by in Mixed-Use

CELEBRITY CITY Developer: Old World Communities General contractor: TBD Architect: CCBG Architects Location:  NWC 32nd & Van Buren streets, Phoenix Size: 1.3 MSF The 10-year, multi-phased plan calls for 640 residential units within five multi-story buildings; an 820-room hotel; 177,000 SF of retail space; and 380,000 SF of office space within two mid-rise towers. Construction is estimated to begin in… Read More →