Press Releases

Press Releases
Dominion Self Storage Queen Creek

Dominion Self-Storage Opens Second East Valley Location

Dominion Self-Storage is proud to announce the opening of their second self-storage center. The state-of-the-art self-storage business is located in Queen Creek, Arizona on Germann Road, East of Power Road at 18729 Business Park Drive. More...
Simon Perkowitz

Simon Perkowitz, AIA of KTGY Presents “Anchor’s Away – Design Solutions for the Disappearing...

International award-winning KTGY Architecture + Planning is pleased to announce that Simon Perkowitz, AIA, PE, a principal in the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from November 29, 2016 – December 2, 2016, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Ariz. Perkowitz will present “Anchor’s Away – Design Solutions for the Disappearing Big Box Tenant,” on Thursday, December 1st, at 8:00 a.m., as part of the breakfast roundtable program. The CenterBuild Conference is the industry's premier retail design and construction conference
Michael Tseng

KTGY Director of Planning Michael Tseng Presents “Tenant Coordination – A-Z” at ICSC CenterBuild...

International award-winning KTGY Architecture + Planning is pleased to announce that Michael Tseng, director of planning for the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from November 29, 2016 – December 2, 2016, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Ariz. 

Hanley Investment Group Negotiates Sale of Multi-Tenant Retail Center in Phoenix Metro Area

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl negotiated the sale of 51st & Southern, a 15,498-square-foot multi-tenant retail property in the Phoenix metro area. The purchase price was $2,325,000

CBRE’s NRIG-West Team Completes Sale of High-Profile Mill Avenue Properties

CBRE Executive Vice President Philip D. Voorhees and Vice President Brad Rable announced today that the National Retail Investment Group – West (NRIG-West), in union with Executive Vice President Barry Gabel and Senior Associate Chris Marchildon, completed the sale of a +39,979-square-foot two-property portfolio, 420 and 501 S. Mill Avenue in downtown Tempe, Arizona. The properties commanded a combined sale price of $13.8 million

Westwood Financial Corp. Welcomes Beall’s Outlet to Phoenix

Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of grocery-anchored retail properties in the United States, has announced the opening of Beall’s Outlet at WFC’s Legacy Village in Phoenix. Beall’s has signed a 10-year lease on a 20,000-square-foot space in the center, which will be the company’s 27th location to open in Arizona and its first in Phoenix

Chris Cuaso of KTGY Presents “Placemaking: Does One Size Fit All?” at ICSC CenterBuild...

National award-winning KTGY Architecture + Planning is pleased to announce that Chris Cuaso, director of design in the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from December 1-4, 2015, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, AZ.

Simon Perkowitz of KTGY Presents “How to Make Mixed Use Work” at ICSC CenterBuild...

National award-winning KTGY Architecture + Planning is pleased to announce that Simon Perkowitz, AIA, PE, a principal in the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from December 1-4, 2015, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, AZ

Westwood Financial Corp. Acquires Value Add Kroger Anchored Shopping Center in Phoenix

Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of grocery-anchored retail properties in the United States, announced the acquisition of the Avondale Fiesta shopping center for $7.6 million. The Kroger shadow-anchored center is 34,129-square-feet and is located at 11435 West Buckeye Road in Avondale, Arizona, in the greater Phoenix area

Conor Commercial and Globe Corporation Announce Launch of AZ|60 Industrial Development in Gilbert, Arizona

Joint venture partners, Conor Commercial Real Estate, a member of The McShane Companies, and Globe Corporation, are pleased to announce the acquisition of a 16-acre land parcel for the development of AZ|60 – a new two-building, 225,600 square foot industrial project. Available for-sale or lease, the speculative facilities will offer modern design and flexible configurations to meet the growing demand within Gilbert’s booming industrial sector. The venture will break ground in October with occupancy slated for April 2016

Silverleaf Realty Closes $7.2 Million Home – Highest Priced Home in Silverleaf and Scottsdale

The summer real estate market is staying hot in north Scottsdale. This past week, the highest priced home sale (this year) in Scottsdale, and in Silverleaf, closed for $7.2 million. The five bedroom, six bathroom home in the gated community boasts views of the Valley and the McDowell Mountains from its two-acre lot. The home was sold by Deborah Beardsley and Andrew Beardsley of Silverleaf Realty.

Northwest Tempe Offi ce Warehouse Building Trades at $3.3 Million

A 33,400 SF warehouse at 1917-1965 W. First St., in Tempe near Rio Salado Pkwy. and Priest Dr. sold for $3,316,010 or $99.28 per square foot in an all-cash deal. Rick Robertson, Principal with Lee & Associates represented both the buyer and seller in this transaction

Tempe Distribution Building Sells for $2.15M in Investment Transaction

Lee & Associates Broker Kurt Saulnier and Principal Ken McQueen worked both sides of the transaction. The seller was Dunbar Siesta of El Segundo, CA and the buyer was Adler Realty Investments of Woodland Hills, CA.

Hunt Mortgage Group Finances the Acquisition of a Multifamily Property Located in Mesa, Arizona

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $35 million loan facility to finance the acquisition of a multifamily property located in Mesa, Arizona.

Koss Louer Team Negotiates $3.2M+, 10-year Warehouse Lease in Gilbert

Paragon Vision Sciences, currently in Mesa, is the new tenant and will occupy half the structure which was built in 1995. Move-in is expected sometime in Q3 2015. With this transaction, the building is 100% leased.

AMERICAN REALTY ADVISORS SELLS OFFICE BUILDING AND DATA CENTER IN PHOENIX, AZ FOR $91.5...

American Realty Advisors, an institutional real estate investment manager with approximately $6.7 billion in assets under management, on behalf of one of its clients, has sold an office building and data center totaling 513,361 square feet in Phoenix, AZ for $91.5 million.

Lee & Associates Lands The Home Depot in 12-Year Back Offi ce Lease Deal

Lee & Associates Arizona is proud to announce the signing of a 12-year, 111,349 SF lease with The Home Depot USA, Inc. of Atlanta, GA. The back offi ce building known as Tempe One is located at 1717 W. 16th St. in Tempe. Move-in for the online call center is scheduled for Q4 of this year.

Wells Fargo grants $500,000 to help revitalize Tucson

Community Food Bank of S. AZ, Pima Council on Aging, Tucson Clean and Beautiful-Trees for Tucson, Tucson Urban League, Old Pueblo Community Services, Our Family Services, Pima Community College Foundation to benefit from NeighborhoodLIFT program funds

Hunt Mortgage Group Refinances a Manufactured Housing Community located in Tucson, Arizona

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $4.5 million Fannie Mae loan facility to refinance a manufactured housing community located in Tucson, Arizona.

ASCAYA’s opulent clubhouse designed by Swaback Partners releases renderings

Ascaya has released renderings for its luxury clubhouse. The Ascaya Clubhouse design was completed by Swaback Partners, a respected architectural firm out of Scottsdale, AZ. ASCAYA is a community of 313 custom luxury home sites nestled in Henderson’s McCollough mountain range.

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Strong Bipartisan Support for Gosar Grand Canyon Bison Management Act

“This legislation should be the gold standard for developing practical, bipartisan solutions at the local level without spending a dime of taxpayer dollars.” Congressman Paul A. Gosar, D.D.S. (AZ-04) released the following statement after introducing H.R. 3005, the bipartisan Grand Canyon Bison Management Act

Recent

Strong Bipartisan Support for Gosar Grand Canyon Bison Management Act

“This legislation should be the gold standard for developing practical, bipartisan solutions at the local level without spending a dime of taxpayer dollars.” Congressman Paul A. Gosar, D.D.S. (AZ-04) released the following statement after introducing H.R. 3005, the bipartisan Grand Canyon Bison Management Act