Rick Danis Archives

Three self-storage facilities sell for $8.6M

by in AZRE Magazine | Brokerage

Business Property Trust sold three self-storage facilities in Tempe for $8.6 million to two separate buyers, according to Cushman & Wakefield, the brokerage team on the transaction. California-based Tempe Choice Self-Storage paid $4.1 million for the AA Bargain I & II portfolio. The two facilities are located at 1700 E. Curry Rd. and 816 N. Scottsdale Rd. Between the two… Read More →

Deer Valley industrial facility sells for $4.75M

Deer Valley
by in AZRE Magazine | Industrial

A Deer Valley industrial facility sold for $4.75 million to a Los Angeles-based company, according to Cushman & Wakefield. West End Hotel LLC purchased the 36,907-square-foot property at 1733 W. Parkside Lane in Phoenix from Phoenix-based Accutron Real Estate Holdings. Cushman & Wakefield’s Executive Directors Rick Danis, Kent Hanson and Paul Boyle represented the seller. Bob Broyles… Read More →

DTZ sells Phoenix industrial property for $4.6 Million

DTZ, a global leader in commercial real estate services, announced the $4.6 million sale of a single-tenant industrial property occupied by United State Gypsum Corp. (NYSE: USG) at 5061 N. 51st Avenue in Phoenix. R&H Investments of Los Angeles purchased the ±99,923 square foot manufacturing and distribution building from Camelback Industrial, LLC of Santee, CA.… Read More →

Delta Corporation buys 15 acres for mixed-use development

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced Monday the sale of 15.35 acres of commercial land at the southeast corner of Frye Road and Ellis Street in Chandler, Ariz., for $2.75 Million ($4.11 per square foot). Chandler-based Delta Frye, LLC, dba The Delta Corporation, a private investment and development… Read More →

Cover Story – Subprime Shake Out

Subprime Shake Out Will a house of cards trump Arizona’s economy?   Fallout from the subprime mortgage lending mess is roiling Wall Street and roughing up the national economy. But in Arizona, at least so far, experts say its impact has been mostly psychological. “There is a perspective that we are in a crisis due… Read More →