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PUBLIC COMMENTS SOUGHT AS BLM EVALUATES PUBLIC LAND LEASE TO PINAL COUNTY FOR PROPOSED...
The Bureau of Land Management, Lower Sonoran Field Office, is processing a request from the Pinal County Board of Supervisors to lease approximately 498 acres of public lands for a regional park in Gold Canyon, Ariz. The application has been made under the Recreation and Public Purposes Act, which allows municipalities the ability to lease federally-managed public lands for public purposes
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, 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
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
TRUTH IN TAXATION HEARING NOTICE OF TAX INCREASE
In compliance with A.R.S. §42-17107, the City of Tucson, Arizona, is notifying its property taxpayers of the City of Tucson's intention to raise primary property taxes over last year's level. The City is proposing an increase of primary property taxes of $399,414 or 2.4%.
Arizona Woman Sentenced to 4 Years in Prison after Scamming Homebuyers
Attorney General Mark Brnovich announced a judge sentenced Melissa Maureen Coe to 4 years in prison after stealing more than $450,000 from 14 victims throughout Arizona. Coe used different real estate scams to steal thousands from homebuyers, homeowners, and/or real estate investors. Coe had close friendships with many of the 14 victims she defrauded.
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
Phoenix metro real estate: prices rising and homes still selling fast
The Scottsdale Area Association of Realtors® (SAAR) recently released its monthly Market Data Report, which highlights key metrics for residential real estate inventory in the Phoenix metro area
Phoenix real estate market still hot, but becoming more balanced
The Scottsdale Area Association of Realtors® (SAAR) recently released its monthly Market Data Report, which highlights key metrics for residential real estate inventory.
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
Metro Commercial Properties and Principal Real Estate Investors Announce Mesa Light Industrial Development
On Thursday, July 9, 2015, Metro East Valley Holdings, LLC, a joint venture between Tempe based Metro Commercial Properties, Inc., and a private REIT managed by Principal Real Estate Investors, Des Moines, IA, completed the purchase of 21.5 acres of land fronting the US 60 Superstition Freeway in Mesa, Arizona, for a planned four building light industrial developmen
Attorney General’s Office Reaches Plea Agreement with Serial Fraudulent Real Estate Investor
The Arizona Attorney General’s Office recently reached a plea agreement with Zavier Kay Hafiz, after an FBI-led investigation revealed his company fraudulently misled nearly forty victims to whom he sold real estate throughout Arizona. Mr. Hafiz, while doing business as ZK Group, plead guilty on May 7, 2015 to Fraudulent Schemes and Artifices and was sentenced to six years in prison, followed by another seven years of probation. In addition, he was ordered to pay $3,554,838.40 in restitution.
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
Supreme Court Decision Strikes Down Arizona Sign Law
The U.S. Supreme Court's decision today in Reed v. Town of Gilbert, Arizona,is likely to affect sign rules and regulations in many communities across the country. The American Planning Association (APA) filed an amicus brief in support of the Town of Gilbert. APA is disappointed in the outcome; however, planners are ready to work with communities in implementing updated regulations in response to the ruling that continue to respond to the needs and interests of local residents
