GPE Companies reported closing 22 commercial real estate transactions and 17 construction supervision projects in the amount of $6.3M for 273,166 square feet in...
Phoenix, AZ - January 27, 2012 - (RealEstateRama) -- Lee & Associates Arizona Principals Mike McQuaid, Mike Garlick and Chris Krewson have come together to form the largest office brokerage team in the Lee & Associates Arizona’s office. Totaling more than 50 years of service in the Phoenix office market, the three Lee & Associates principals will draw upon a deep pool of experience to meet the needs of their clients.
Phoenix, AZ - January 11, 2012 - (RealEstateRama) -- Sperry Van Ness – SVN Partners in Greater Phoenix announced the sale of 2730 S. Val Vista Bld 8N (3,039 SF) & 2680 S. Val Vista Rd. Bld 11(3,039 SF) in the medical and professional office condominium project of Spectrum Falls for $410,265 and $334,290 respectively. The Class-A office buildings were built in 2006 and will both be owner-user occupied. Building 8N included a high-end build out and office furnishings. The buyer of Building 11 has expanded into the purchased space and owns space in another building nearby.
Phoenix, AZ - December 9, 2011 - (RealEstateRama) -- Lee & Associates Arizona is pleased to announce a pair of commercial property sales and a five-year lease in the East Valley. In the first deal, the Freeway Executive Center II office development located at 10439 South 51st Street in Phoenix was sold for $3,750,000, or $78 per square foot. Lee & Associates Principals Chris McClurg and Adam Tolson represented the buyer, Child & Family Support Services. Bryan Taute, Senior Vice President at CBRE, and Eric Wichterman, Executive Vice President at Cassidy Turley BRE, represented the seller, FEC 2, LLC.
Phoenix, AZ - November 30, 2011 - (RealEstateRama) -- Lee & Associates Arizona Principals Mike McQuaid and Mike Garlick, in collaboration with Dibble Engineering, are pleased to announce the charitable donation of $3,500 to Sunshine Acres Children’s Home. Earlier this year, Mike McQuaid and Mike Garlick represented Dibble Engineering during their lease renewal at the Plaza at Squaw Peak. As part of their business plans and charitable efforts, Mike and Mike donate a portion of their brokerage fees to a non-profit of their client’s choosing. Dibble Engineering selected Sunshine Acres Children’s Home as the recipient.
Sporadic White-Collar Hiring Dampens Office Fundamentals, but Existing Tenant Base Steadying, Giving Back Less...
Phoenix, AZ - November 16, 2011 - (RealEstateRama) -- Although Phoenix office market fundamentals remain soft, improvements in other industries and property types will continue to seep into white-collar sectors and stimulate leasing. So far this year, metrowide employment levels have risen by 26,700 jobs through the end of the third quarter. Hiring within the blue-collar and education and health services sectors accounted for 14,700 positions. Layoffs in the professional and business services industries, however, drove overall office-using losses of 4,300 positions during that stretch. Despite the net loss of jobs, white-collar employers added workers during the second quarter and Phoenix’s business-friendly climate will further encourage relocations similar to Wal-Mart’s regional consolidation and AT Security Service’s complete move from California.