Yearly Archives: 2015

U.S. Rep. Ann Kirkpatrick, D-Ariz., is one of four representatives leading a congressional push to secure funding for a program that ensures Arizona’s rural counties have the resources to fund firefighting, law enforcement, school construction and roads

More than 150 tribal leaders and individual landowners joined Department of the Interior Deputy Secretary Michael Connor and Assistant Secretary-Indian Affairs Kevin Washburn at the Land Buy-Back Program for Tribal Nations (Buy-Back Program) 2015 Listening Session yesterday. The event, held on the Gila River Indian Community, allowed Interior officials to share updates and hear directly from tribal communities about how the Program can best be implemented across Indian Country

Today, Congressman Raúl Grijalva (D-AZ) joined volunteers with the Casa Maria Catholic Worker Community to help feed homeless and hungry members of the Tucson community. His volunteer work culminates a week of service to honor and remember the life of Cesar Chavez, who dedicated his life to protecting civil rights and improving the lives of farm workers

TRI-Com of Tempe, Arizona, was recently awarded a nearly $15 million contract to the Tempe-based TRI-Com Corp. to build the 4,500-square-foot splash pad at Heritage River Park, which is near the Gladden Farms neighborhood. The contract is one of the largest for the town of Marana in the 2015 1Q. The project in Marana, when it opens, will be one of the largest splash pads in the state.

A Mesa-based off road truck and SUV design and parts manufacturing company has signed for a 3-plus year lease at 308 S. Extension Rd. in Mesa. The property is comprised of a 44,004 SF and a 22,706 SF building

Lee & Associates Arizona is proud to announce the three-offi ce building leasehold sale of Papago Arroyo, 1255, 1275 and 1295 E. Washington St., Phoenix for $40,850,000. Combined, the buildings total 279,503 SF which calculates to $146.15 per SF. The cap rate was reported to be 7% based on fi rst year NOI performance.

A Scottsdale air ambulance provider signed a multi-million dollar, 5-plus year offi ce lease for 15,875 SF at The Pinnacle in Perimeter Center, 17851 N. 85th St. in Scottsdale. The transaction was signed on February 10

MG Properties Group, a private San Diego-based real estate investor and operator, has announced the acquisition of the Trillium Papago Apartments in Phoenix, Arizona.

Arizona Attorney General Mark Brnovich announced the filing of a consumer fraud lawsuit against Advantage Foreclosure LLC (Advantage) and its owners Matthew and Lynette Van Remoortel. Advantage is an Arizona based company that advertised on the internet site located at www.aboutmyforeclosure.com and purports to provide foreclosure consulting services nationwide.

In light of constant threats to the electric grid that have directly threatened the survivability and functionality of critical United States infrastructure Congressman Franks introduced the Critical Infrastructure Protection Act today.

Berkadia Real Estate Advisors is pleased to announce that Partner and Director of Affordable Housing Alex Mogharebi was the company's top-grossing investment sales advisor in 2014. Mogharebi, based in the company's Ontario, California office brokered the sale of more than 1,800 apartment units across the state of California last year.

Lee & Associates is pleased to announce the sale of the Casas Adobes Plaza, an upscale retail shopping center in Tucson for $46 Million.

Hunt Mortgage Group, a commercial real estate lender, announced today it provided two Fannie Mae loan facilities to refinance two multifamily properties located in Arizona