scottsdale airpark Archives

Cimarron Industrial signs $6.4M permanent loan in Scottsdale


Churchill Commercial Capital, Inc. (Tom Ryan, Vice President) has arranged a $6.4 million loan for Cimarron Industrial Partners, LLC, on a 94,800 square foot multi-tenant industrial property consisting of five buildings within the Scottsdale Airpark. The property was 98% leased at the time of closing. This unique transaction was placed with one of our many… Read More →

Cresa negotiates on behalf of Southwest Jet Center


Southwest Jet Center, owner of the largest private hangar at Scottsdale Airpark, recently purchased 73,826 SF on 5.6 acres of land at Phoenix-Mesa Gateway Airport, 5615 South Sossaman Road, in Mesa. Chris Walton, Gary Gregg, Eric Walker, and Ryan Burkett of Cresa Phoenix represented the buyer. The landlord, GE Capital, was represented by JLL. “We… Read More →

10,800 SF Office Building Sold In Scottsdale Airpark


Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, has announced the sale of 16020 N. 77th Street, a ±10,800 SF office building in Scottsdale Airpark in Scottsdale, AZ.  Craig Trbovich and Phill Tomlinson of CPI’s Scottsdale Office Group represented the seller, Bill Bonnstetter of TTI Performance Systems in this transaction. Craig Trbovich… Read More →

McDowell Mountain Business Park sells for $10.5M

McDowell Mountain Business Park

The Phoenix office of JLL has just closed a $10.5M ($164.67/sf), three-building flex office portfolio sale in McDowell Mountain Business Park, a segment of metro Phoenix that for years has sustained a sub 10-percent vacancy rate for its class-A flex office and industrial space. “This is a niche area of the northwest Valley that appeals to tenants… Read More →

Colliers: Scottsdale Airpark report details steady growth


James Keeley, SIOR, CCIM, founding partner and managing broker at Colliers International’s Scottsdale office recently released a 2030 Report for the Greater Scottsdale Airpark detailing commercial market changes in the past 30 years to the present. The Greater Scottsdale Airpark has seen continued growth between 1981 and 2014 in the areas of available square footage… Read More →

SheKnows leases 20KSF at Element at Kierland

ElementAtKierland, WEB

CBRE has completed a 20,000-square-foot office lease at Element at Kierland located at 14614 N. Kierland Blvd. in Scottsdale, Ariz. Luke Walker, Dave Carder and Eric Schultz with CBRE’s Phoenix office represented the landlord, Montana Avenue Capital Partners, LLC (MAC) of Santa Monica, Calif. The tenant, Scottsdale-based SheKnows, was represented by Clint Hardison with Keyser.… Read More →

WESTMARC Creates United Front To Boost West Valley


“You can’t just say you ‘support regionalism,’ you have to believe it.” Surprise Mayor Sharon Wolcott is talking about attitude in the West Valley. Thirty minutes earlier in a separate conversation, Goodyear Mayor Georgia Lord made nearly the same comment. “We believe in regionalism and we put it into practice,” she says. “On this side… Read More →

Runway parcel in Scottsdale Airpark sells for $8.3M

Linsalata Airpark Parcel
by in AZRE Magazine | Brokerage

Scottsdale Airpark’s largest commercial land parcel on the runway, at 9.54 acres, sells to a local investment company for $8,325,000 or $20.03 per square foot. Mark Linsalata, Bill Blake and Fred Darche, principals with Lee & Associates represented the seller, Phoenix Dragon FEI, LLC of Scottsdale. Linsalata represented the buyer, Boeing V, LLC, a private… Read More →

CBRE negotiates $11.1M sale of 2 office buildings

Chauncey Professional Center, 6930 E. Chauncey Lane, Phoenix.
by in AZRE Magazine | Brokerage | Featured

ViaWest Group has sold two premier class A office buildings in the Phoenix metro area for a total consideration of $11.1 million. CBRE negotiated the sale to Melcor Development of the ±24,154-square-foot Perimeter Parkview Corporate Center at 8355 E. Hartford Drive Scottsdale, Ariz. and the ±35,066-square-foot Chauncey Professional Center located at 6930 E. Chauncey Lane,… Read More →

Jewelry design firm takes 30,500 SF of flex space in Scottsdale Airpark

7400 E Tierra Buena, WEB
by in AZRE Magazine | Brokerage

South Hill Design Corp., a jewelry design and marketing firm has leased 30,500 SF of flex industrial space on a 5-year term at 7400 E. Tierra Buena Ln., Scottsdale. The landlord, Hewson Development Corp. and GH Scottsdale I was represented by Mark Linsalata, Principal with Lee & Associates. John Quatrini with Shell Commercial secured the… Read More →

Twisted Rose Winery and Eatery Now Open in Scottsdale Airpark

by in Lifestyle

The owners of Casavino Winery in Fountain Hills have taken their passion for delectable eats and fine wines to the next level. Their latest venture, Twisted Rose Winery and Eatery is now open in the Scottsdale Airpark. “I have an ongoing love affair with remarkable food and wine,” said Twisted Rose Co-Owner Frank Yaconis. “Twisted… Read More →

GPE Closes on 98,930 SF Property at Scottsdale Airpark

by in Brokerage | Business News

GPE Commercial Advisors secured the sale of a 98,930 SF, 5.1-acre property that consists of two buildings, 14988 & 15010 N. 78th Way in the Scottsdale Airpark. Southwest Jet Corporate Center sold for $9.6M. “The Southwest Jet Corporate Center is a very unique property,” said Tim Phillips, Associate Vice President of GPE. “There are few… Read More →

NAI Horizon Completes $4.375M Sale of Flex/Office Property

by in Brokerage | Business News

  NAI Horizon announced the sale of a ±66,240 SF, high-end flex/office facility in the Scottsdale Airpark submarket within the Perimeter Center Development at 8388 E. Hartford Dr. Helio Real Estate of Arizona acquired it for a total sales price of $4.375M. Jeff Adams, Mike Myrick and Alexandra Loye with NAI Horizon represented H-B Perimeter,… Read More →

Events That Give Back: Olive & Ivy Pink Light, Weekend Jetaway And More

Weekend Jetaway
by in Date Night | Events

Don’t believe the hype — good girls aren’t that into bad boys. Given the choice, in fact, most women would choose George Clooney over Charlie Sheen any day of the week. Not to mention that all-time good guys Tom Hanks, Larry Fitzgerald and Phil Mickelson all look a lot happier than Nicolas Cage, Jesse James… Read More →