PHOENIX, ARIZ. – NAI Horizon represented the landlord in a long-term lease for a blood plasma collection center at Red Mountain Plaza in Mesa. NAI Horizon Vice President Matt Harper, CCIM, and Associate Michael Gaida represented Red Mountain Asset Fund I, LLC, of Santa Ana, California, in … [Read more...] about NAI Horizon Represents Landlord in Long-term Lease Totaling $1.75 Million in Mesa
Deals
CBRE Facilitates $60.3 Million Loan for Refinance of Two Student Housing Properties in Flagstaff
Phoenix, Ariz. – CBRE announced it secured a $60.3 million loan on behalf of Aultas Investment Management, a private real estate investment company based in San Diego, for the refinancing of two student housing properties in Flagstaff, Ariz. Brian Eisendrath and Cory Wizenberg of CBRE arranged … [Read more...] about CBRE Facilitates $60.3 Million Loan for Refinance of Two Student Housing Properties in Flagstaff
Quantum Property Advisors Brokers 3.52-acre Parcel of Land for $1.7 Million for Self-Storage Development
Phoenix, Ariz. – Quantum Property Advisors, a commercial real estate firm that services the needs of the self storage industry, announces the sale of a 3.52-acre parcel of land for development of an 80,000 square foot self storage facility that will feature both exterior drive up and air conditioned … [Read more...] about Quantum Property Advisors Brokers 3.52-acre Parcel of Land for $1.7 Million for Self-Storage Development
DAUM Commercial Completes Three Land Transactions for Total Volume of $20 Million in Deer Valley Submarket
Phoenix, Ariz. – DAUM Commercial Real Estate Services has assisted in the completion of three land transactions encompassing a total volume of $20 million and 47 acres in the Deer Valley submarket of Phoenix, Arizona. DAUM Executive Vice President and Phoenix office Co-Branch Manager Kirk … [Read more...] about DAUM Commercial Completes Three Land Transactions for Total Volume of $20 Million in Deer Valley Submarket
Weingarten Realty Snags Madison Village Marketplace for $20.3 Million
Phoenix, Ariz. – The capital markets team of Ryan Schubert and Michael Hackett of Cushman & Wakefield, successfully closed the sale of Madison Village Marketplace. Houston-based Weingarten Realty acquired the Safeway anchored shopping center from Phoenix-based Bayless Investment & Trading … [Read more...] about Weingarten Realty Snags Madison Village Marketplace for $20.3 Million
Del Mar Ventures Group Acquires Retail Center in Phoenix’s Camelback Corridor; Plans to Renovate and Reposition Asset
Phoenix, Ariz. — Newmark Knight Frank (NKF) announces the sale of Campbell Crossing, a 23,725-square-foot infill retail center previously under the same ownership for 25 years. The asset, which sold for $2.5 million or $105.37 per square foot, will undergo a significant remodel and tenant … [Read more...] about Del Mar Ventures Group Acquires Retail Center in Phoenix’s Camelback Corridor; Plans to Renovate and Reposition Asset
Marquee Lodging Advisors Announces Sale of Baymont Inn & Suites of Flagstaff for $9.4 Million
Phoenix, Ariz. – Marquee Lodging Advisors announces the sale of the Baymont Inn & Suites of Flagstaff. Marquee Lodging Advisors facilitated the purchase on behalf of the buyer for $9,400,000. Flagstaff is an extremely high barrier to entry market and hotels of this size rarely sell. Marquee … [Read more...] about Marquee Lodging Advisors Announces Sale of Baymont Inn & Suites of Flagstaff for $9.4 Million
Commercial Properties, Inc. Announces $1.65 Million Sale of Medical Office Condo in Ahwatukee
Phoenix, Ariz. - Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 15215 S 48th Street in Ahwatukee, Arizona. Comprised of 5,930 square feet, this medical office condominium is located just … [Read more...] about Commercial Properties, Inc. Announces $1.65 Million Sale of Medical Office Condo in Ahwatukee
Vestis Group Completes Sale Of Infill Commercial Land In North Scottsdale For $1.2M
Phoenix, Ariz. – Vestis Group, a commercial brokerage, investment and development firm, is pleased to announce the sale of 1.3 Acres of C-3 Zoned land, located at 22001 North Scottsdale Road in North Scottsdale, for $1,200,000 or $21 per square foot. The Phoenix based Vestis Group commercial … [Read more...] about Vestis Group Completes Sale Of Infill Commercial Land In North Scottsdale For $1.2M
Revint Solutions Signs 18,492 SF Lease at Overstreet
Phoenix, Ariz. – On behalf of Tempe-based DT Chandler LLC, Cushman & Wakefield announced that Revint Solutions signed an 18,492-square-foot lease at Overstreet, located at 101 N. Arizona Avenue in Chandler, Ariz. Scott Boardman and Dave Carder of Cushman & Wakefield’s Agency Leasing team … [Read more...] about Revint Solutions Signs 18,492 SF Lease at Overstreet
