Walgreen’s Archives

Camelback Crossing shopping center sells for $14.5M


Cushman & Wakefield has announced that Madison Plaza 1, LLC, an entity formed by a California investor, purchased Camelback Crossing for $14.5 million. The Seller was Nevada Holding Co., L.P., a Delaware Company. Executive Managing Directors Ryan Schubert and Michael Hackett of Cushman & Wakefield negotiated the sale on behalf of the seller. Built in… Read More →

Marcus & Millichap closes the sale of 3 properties

123rf.com: feverpitched

Wells Fargo Marcus & Millichap announced the sale of Wells Fargo Ground Lease, a 4,692-square foot net-leased property located in Marana, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $2,118,000. Jamie Medress and Mark Ruble, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing… Read More →

Abrazo Scottsdale Campus offers free baby shots, flu shots


Free vaccinations for children and free flu shots for children and adults will be available from 3-7 p.m. Oct. 1 at Abrazo Scottsdale Campus, 3929 E. Bell Road. The Phoenix Fire Department Baby Shots Immunization Program is providing the children’s vaccinations and Walgreens is providing the flu shots at Abrazo Scottsdale Campus (formerly Paradise Valley… Read More →

CBRE Capital Markets Debt Team completes two transactions


Walgreen’s drug store in Smithtown, New York CBRE’s Capital Markets Debt and Structured Finance team has arranged $7.8 million in acquisition financing for a triple-net-leased Walgreen’s drug store in Smithtown, New York. The asset commanded a sale price of $10.4 million. Geoffrey Harris of CBRE’s Phoenix office arranged a 75% LTV bank loan, 10-year fixed… Read More →

No guts, no glory: Tales of risk from Arizona CCIMs

Credit: Wavebreak Media Ltd.

Not all commercial deals were created equal. It’s when things get a little messy, complex or a buyer is considering a potentially risky investment that having a Certified Commercial Investment Manager on his or her side can lead to the most informed decisions possible. This was especially true during the Great Recession. Below are vignettes… Read More →

Cassidy Turley reports two retail center sales

Marley Park Plaza
by in AZRE Magazine | Brokerage | In The Spotlight

Cassidy Turley announced the sale of Marley Park Plaza, a 77,545 square foot, grocery-anchored neighborhood shopping center at 15411 W. Waddell Road in Surprise. IMAN Enterprises, LLC of Surrey BC, Canada, purchased the retail center for $12.45 million from Donahue Schriber Realty Group. Cassidy Turley Executive Managing Directors Ryan Schubert, Michael Hackett, Dan Wald and… Read More →


Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Walgreens, a 14,820-square foot net leased property located in Goodyear, according to Steven Ross Chaben, Managing Director of the firm’s Phoenix office. The asset commanded a sales price of $9,094,000. Mark Ruble and Jamie Medress,… Read More →

Phoenix AIDS Walk and 5K raises $327K

by in Business News | Events | Healthcare | Sports

More than 6,000 participants walked, ran and strolled with their dogs in downtown Phoenix on Oct. 21 to raise $327,379 for 19 Valley-based HIV/AIDS service providers.  Since 2007, AIDS Walk Phoenix & 5K Run has raised more than $1.6 million, which has been evenly distributed by Aunt Rita’s Foundation, the 501(c)3 nonprofit agency that organizes… Read More →

Vestar Property Manager At Christown Spectrum Mall


Vestar, a prominent leader in commercial management, was selected as property manager at Christown Spectrum Mall in Phoenix. “In today’s challenging retail market, owners understand that an experienced property manager is necessary for the success of a center,” says Pat McGinley, Vestar Vice President of Property Management. Christown Spectrum Mall, formerly known as Phoenix Spectrum… Read More →