tempe Archives

Path for National Independence Day Parade runs through Tempe

Independence Day Parade

Arizona resident John Wiscombe has seen a lot in 23 years helping to organize the National Independence Day Parade down Constitution Avenue in the heart of Washington, D.C. But his favorite performance in all that time may have been the Montana State Prison Guard Band a few years back, he said. “I’ve never heard of… Read More →

Tempe retail center sells for $7.5M

Tempe retail center
by in AZRE Magazine | Brokerage | Retail

A Tempe retail center, Countryside Specialty shops, sold for $7,500,000, according to ORION Investment Real Estate. This ±31,723 square foot, vibrant retail strip center sits on the northwest corner of McClintock Drive and Warner Road at a signalized intersection, with high traffic counts. The property was sold by JDS Countryside LLC/DLS Countryside LLC. Morris Family Trust… Read More →

Barbara Lloyd appointed to Tempe commission

nai
by in AZRE Magazine | Newsmakers

Barbara Lloyd, CCIM, a Senior Vice President at NAI Horizon, has been appointed to the City of Tempe Development Review Commission. Lloyd, a member of the NAI Investment Services Group, will serve as an alternate member of the commission for a 3-year term. The commission comprises seven members and three alternates. Alternate members serve at… Read More →

AC Hotel in Tempe sells to Pacific Hospitality Group

phxac_main01_r
by in AZRE Magazine

PHG Hotel Fund I, LLC, an affiliate of Pacific Hospitality Group (PHG), announced the purchase of AC Hotel® Phoenix Tempe/Downtown in Tempe and AC Hotel® Irvine in Irvine, Calif. from Woodbine Development Corporation and USAA. “We are excited to welcome AC Tempe as our company’s first hotel in the Phoenix area, and eager to unveil… Read More →

Valley Partnership leaders weigh in on the future of development

Photo: eutoch / 123RF Stock Photo

Valley Partnership’s mission is advocating responsible development. The advocacy group represents the commercial, industrial and masterplanned real estate development industry by presenting a balanced, pro-development perspective and the Valley’s best industry education and networking opportunities. But what should be the 25- or 30-year vision for Valley Partnership? What role do Valley Partnership’s leaders think the… Read More →

Pedal Haus Brewery to close for renovations

Pedal Haus Brewery

The Euro-style bike themed brewery on Mill Ave. is closing temporarily for renovations to expand its brewery and restaurant. Pedal Haus Brewery, will be closed for an expansive remodel from June 27 to Sept. 26 with a re-grand opening scheduled for early October. The expanded restaurant, founded by acclaimed restaurateur Julian Wright of Fork and Dagger… Read More →

Tempe bike shop to turn into breakfast joint

bike shop
by in AZRE Magazine | Retail

CBRE completed the sale of a free-standing retail property located at 111 W. University Dr., the former location of Ehrhardt’s Schwinn Bikes. The 3,288 square-foot retail property is situated on approximately 14,117 square-feet of land and the property sold for $1.7 million ($517 per square foot). The new owners plan to turn the retail space into a… Read More →

New York-based Oscar Health expands into Tempe

The Circuit

Oscar, a New York-based health insurance company, is expanding its Oscar Concierge team into Tempe at The Circuit, an adaptive re-use development near the Loop 101 and Loop 202 freeways. Oscar is a new kind of health insurance company designed to put people first. Through a high-tech, data-driven approach, easy-to-understand language and a unique set… Read More →

BKM acquires 3-property industrial portfolio in Phoenix

BKM
by in AZRE Magazine | Industrial

BKM Capital Partners, an institutional fund manager, acquired the RREEF Tempe portfolio, a 305,524 square-foot three-property portfolio, in an off-market transaction. The three properties are located in Tempe. The portfolio consists of 16 multi-tenant light industrial buildings and was purchased for $24.1 million, which is 34 percent below replacement cost. This portfolio was acquired as… Read More →

Great (Light Rail friendly) places for ASU students to celebrate graduation

The not-so-secret ingredient in Bitter & Twisted's house punch is tequila!

Graduation season is upon us, and as a recent Arizona State Graduate, I know how hectic these last couple of weeks have been. After you cross the stage, snag your diploma, basking in the glory that is finally being done with school as friends and family cheer you on, the first thought that may pop… Read More →

Sun State Builders completes Flagstaff DES

Sun State Builders
by in AZRE Magazine | Office

Sun State Builders announced the completion of the Department of Economic Security project in Flagstaff, Arizona. The single tenant office project is 50,000 square feet, three-Stories, and is beautifully incorporated into the pines of Northern Arizona. The fully occupied office space houses eight different departments for the State of Arizona, including Child Protective Services, Economic Security, Attorney… Read More →

Tempe company launches consumer app

Nate Reis, CEO of Railway Technologies, said he believes he has unlocked the secret to helping local businesses get customers through the door. (Photo by Zac Pacleb/Cronkite News)
by in AZ Business Magazine | Tech

The creator of a Tempe-based company believes he has unlocked the secret to helping local businesses get customers through the door. In January, Railway Technologies launched Railway Search (soon to be Railway Loop), an app that allows customers to search for products and shows them where they can find them. It also provides digital coupons… Read More →

Lincoln breaks ground on 250K SF offices

Rendering of the Grand at Papago Park
by in AZRE Magazine | Construction | Office

Just as it breaks ground on the first building at The Grand at Papago Park Center in Tempe, Arizona, Lincoln Property Company (LPC) has secured a pre-lease commitment from a major first tenant: leading enterprise application software company SAP America (NYSE: SAP). SAP is currently located in the Scottsdale Galleria, but will relocate to the first building at The Grand at… Read More →

Tempe-­based Ncounter plans expansion

Ncounter

Founders and former Kahala Corp. executives Kevin and Kathryn Blackwell are bringing their proven restaurant expansion experience to Arizona as their new venture, Pacific Restaurant Partners, acquired the Ncounter concept with plans to add new locations. CKS Securities served as the exclusive financial advisor to Ncounter. Since 2012, Ncounter has been an instant favorite among the… Read More →