Local Investor Purchases Tempe Industrial Property
PTD Properties of Tempe purchased a ±20,420 SF general industrial building at 1700 W. Drake Dr. for $1.475M through a lease/purchase arrangement. Pete Klees with Cassidy Turley Arizona’s Industrial…
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PTD Properties of Tempe purchased a ±20,420 SF general industrial building at 1700 W. Drake Dr. for $1.475M through a lease/purchase arrangement. Pete Klees with Cassidy Turley Arizona’s Industrial…
Cassidy Turley completed the sale of University Properties Lemon Street Portfolio, a three property, 232-unit student housing community just east of Arizona State University for $10.3M. The buyer was…
CBRE announced the addition of two brokerage professionals, First Vice President Mike Parker and Senior Associate Evan Koplan, to its Phoenix office. The duo come to CBRE from Colliers International, where…
Construction employment declined in 151 out of 337 metropolitan areas between November 2011 and November 2012, increased in 126 and was stagnant in 60, according to a new analysis…
CBRE completed the $29.85M sale of a 127,750 SF office building at 17600 N. Perimeter Dr. in Scottsdale. The 2-story structure is the headquarters for Fender Musical Instruments Group,…
Danielle Feroleto and Kimberly Mickelson of Small Giants recently sat down with the executive team at Kovach Building Enclosures — Stephen Kovach V, Stephen Kovach IV and Scott Bourdo —…
Construction employers added 30,000 jobs in December as the industry’s unemployment rate hit 13.5%, according to an analysis of new federal data released by the Associated General Contractors of…
McCarthy Building Companies promoted Chris Nickle to vice president of operations for the Southwest Division. In this new position, Nickle will lead safety, quality and manpower concerns for a variety…
CBRE has completed the sale of Southgate Mall, a 208,976 SF regional shopping center on the NWC of Fourth Ave. and 32nd St. in Yuma. Bob Young, Glenn Smigiel,…
Plaza Companies and USAA Real Estate Company sold Arrowhead Professional Center III, a 71,521 SF medical office at 18310 N. 79th Ave. in Glendale. Arrowhead Professional Center, LLC, an…
Architecture, engineering and planning firm SmithGroupJJR named three to its board of directors, including Mark Patterson, vice president of the Phoenix office. Patterson leads the firm’s Health Studio. Since joining SmithGroupJJR…
Gilbane Building Company named Robert Preiss, a 33-year industry veteran, to lead the company’s energy modeling and High Performance Building efforts. Preiss’ experience covers a wide range of client types…