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…
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…
Main Event Entertainment purchased a 6.4-acre retail site in Tempe for $2.05M and will build a new 57,000 SF indoor entertainment venue. The property is located in Emerald Center…
Plaza Companies closed out strong in 2012 with more than $25.7M in new leasing activity at its properties. The leasing activity included a total of 125 new and renewed…
Cushman & Wakefield of Arizona negotiated the $23.5M sale of the three-building University Center to the Arizona Board of Regents. This marks an acquisition for future expansion of Arizona…
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 completed the sale of Campbell Plaza, a 190,000 SF grocery-anchored retail center located on the NEC of Campbell Ave. and Glenn St. in Tucson. The purchase price was…
The Phoenix office of Hines announced that the Hines U.S. Office Value Added Venture III (VAV III) has acquired its first investment, 24th at Camelback I, from GLL Real…
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,…
The ORION Multifamily Group of Orion Investment Real Estate closed on the 174-unit Class A luxury apartment project – Cambria Luxury Apartments – for $18.675M. The buyer is a…
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…
NAI Horizon recent transactions: Sales >> David Cravath negotiated the sale of a 96,401 SF multi-family property, representing the seller, Ramona Property for $5.315M. The property is at 7045 N.…