starbucks Archives

Coffee shops spark downtown Phoenix growth

Independent coffee shops are on the rise in downtown Phoenix, helping bring a sense of community to the rapidly developing area, shop owners and city officials say. (Photo by Taylor Nelson/Cronkite News)

Late on a Sunday morning, Lola Coffee Bar can expect an eclectic group of people, from college students gathering to gossip, to businessmen meeting to discuss the week ahead, to dedicated readers with books open on their laps. The dining area is small, with several community-style tables that brings all of these different people together.… Read More →

Scottsdale’s Vixxo brings innovation to asset management


There’s a new technology-driven company in town and its name is Vixxo. Opening its doors today under a new brand name, Vixxo clients, including international brands such as Starbucks, 7-Eleven and Michaels, have an entirely new data-enabled advantage to manage their assets. Headquartered in Scottsdale, Vixxo has 12 offices across the U.S. and Canada, with… Read More →

ORION closes on Starbucks property in Mesa Sergey Kohl
by in AZRE Magazine | Retail

ORION Investment Real Estate announced the sale of the NNN Investment property leased to Starbucks for $2,320,000. This 1,943 square-foot freestanding building is situated on the corner of Country Club Drive (SR 87) and Juanita Avenue,. Brand new construction, the building is leased to Starbucks on a corporate guarantee. Starbucks Corporation is an American coffee… Read More →

SimonCRE to build multi-tenant retail building at Aspera


Commercial real estate developer SimonCRE purchased +/-1.26 acres of land at the NWC of 75th Avenue and Loop 101 in Glendale and will build a +/-7,908 SF multi-tenant retail building in the mixed-use center called Aspera at Joy. Prior to closing, SimonCRE locked in signed leases with Starbucks, Herbal Nails & Spa and Fired Pie Pizza.… Read More →

Fundrise funds Starbucks-anchored center in Tempe Sergey Kohl

Fundrise (, the country’s first platform for online real estate investment, announced that it has provided Birtcher Anderson Realty $3.1 million in construction financing for a Starbucks-anchored retail development in Tempe, Arizona. Jay Maddox of commercial real estate services company, Avison Young, arranged the transaction, which is quite possibly the first-ever crowdfunded commercial construction loan.… Read More →

Sale of Starbucks at SWC of Scottsdale & McKellips negotiated

Final Front View
by in AZRE Magazine | Brokerage | In The Spotlight

Andy Kroot with Velocity Retail Group, LLC sold the single tenant Starbucks store located at the SWC of Scottsdale and McKellips – 1926 North Scottsdale Rd, Tempe AZ. Andy Kroot, Principal of Velocity Retail Group represented the Seller in the transaction and Jon Stansbury of DTZ represented the Buyer. The ownership – SWC Scottsdale & McKellips,… Read More →

Starbucks, ASU expand education partnership


Starbucks Corporation and Arizona State University announced that Starbucks College Achievement Plan, first introduced in June 2014, will now offer 100 percent tuition coverage for every eligible U.S. Starbucks partner (employee). As part of its commitment to redefine the role and responsibility of a public company, Starbucks developed this program in partnership with ASU to… Read More →

Starbucks in Tempe sells for $2.5M

Courtesy of CBRE

CBRE has completed the sale of a single-tenant, Starbucks located at 1741 E. Warner Road in Tempe, Ariz. The 2,720-square-foot retail property is situated on approximately 32,452 square feet of land and commanded a sale price of $2.5 million. Joseph Compagno with CBRE’s Phoenix office represented both the buyer and the seller in the transaction.… Read More →

Old School O7 sells for $6.1M

OldSchool07, WEB

Joe Compagno of CBRE has sold Old School O7, considered one of the most unique urban infill redevelopment projects in Phoenix. The 9,293-square-foot shopping center commanded a sale price of $6.1 million – or $656 per square foot – and a cap rate of 5.5 percent. The tenants include Starbucks, the Z’Tejas restaurant-concept Taco Guild… Read More →

Leadership Forum: ‘Eyes of the world will be on Arizona’


The partnership between Starbucks and Arizona State University stirs up the way people can pay for college, have a family, and work at the same time. Today, the 2014 Arizona Leadership Forum started off with the main message of, “We need you to lead us,” specifically speaking to attending business leaders, innovators and entrepreneurs. For… Read More →

Sand Capital acquires Four Peaks Plaza

Four peaks plaza

Sand Capital, a privately-held real estate investment company, located in Scottsdale, Ariz., has just closed on 140,390 square foot Target-anchored power center in Fountain Hills. Sand Capital is the financial arm and sister company to Sandor Development Company, which was founded in 1963 in Indianapolis, Indiana. Today, Sandor owns and manages over 8 million square… Read More →

ASU clears degree path for Starbucks baristas


Arizona State University is helping Starbucks give its baristas a bargain on an online college degree. The company is partnering with ASU to make an undergraduate education available at a steep discount to 135,000 U.S. employees who work at least 20 hours a week. Workers will be able to choose from 40 educational programs, and… Read More →

HMSHost Brings New Dining Experience To Sky Harbor

hmshost transforms phoenix sky harbor dining experience

HMSHost, the world leader in creating dining and shopping for travel venues, is transforming the Phoenix traveler’s experience at Phoenix Sky Harbor International Airport’s Terminal 4, bringing more than 20 new restaurants including local favorites like Sauce, Barrio Cafe, La Grande Orange and Cowboy Ciao, along with national brands like Starbucks. The update is a result of last year’s decision by the… Read More →

Consumer Behavior Sparks Ideas For New Products, Expanding Markets

consumer behavior

Marketing turns something old into something new: Consumer behavior sparks ideas for new products, expanding markets. Introducing a new product to market can take years of research and expense. Or it can be as simple as taking something already in existence and marketing it for a different purpose. Creating or discovering a whole new use… Read More →