Archives

PHOENIX, AZ - December 21, 2012 - (RealEstateRama) -- An industrial building at Freeport Center, 420 S. 53rd Ave. in Phoenix sold for $6.8 million. Included in the transaction was an adjacent 2.09 acre, fully-improved land parcel.

TEMPE, AZ - December 18, 2012 - (RealEstateRama) -- Elizabeth Arden Spas has signed an 134-month, 13,021 SF lease at Tempe Gateway, 222 S. Mill Ave. in Downtown Tempe to serve as their retail operations hub for the U.S.

TEMPE, AZ - December 17, 2012 - (RealEstateRama) -- An investment entity from Calgary, Canada purchased the 252-unit Fernwood Manor Apartments, 4540 S. Rural Rd. in Tempe for $17,525,000, or $69,543 per unit.

November 13, 2012 (Phoenix, Arizona) - GPE Companies is proud to announce the promotion of Linda Tierney to Director of Property Administration for GPE Management Services, LLC. In addition to managing a portfolio of commercial properties, the job will entail overseeing accounting, managing all property management operation standards, facilitating inter-departmental communication and assisting the director of property management. Linda is an outstanding leader, forward thinking and excels at detail-oriented tasks; qualities which will help her succeed in this position

PHOENIX, AZ - October 22, 2012 - (RealEstateRama) -- Two prominent national companies have negotiated leases in the Phoenix area. New Jersey-based home builder K Hovnanian Homes renewed their lease for 19,892 SF for 96-months at Desert Ridge Corporate Center II at 20860 N. Tatum Blvd. in Phoenix.

Washington, D.C. - September 20, 2012 - (RealEstateRama) -- Rep. Raúl M. Grijalva today highlighted the recent announcement by the U.S. Small Business Administration (SBA) that it is accepting applications for disaster relief from people and businesses affected by the Brawley earthquakes that hit Southern California earlier this year. Residents and business owners in La Paz and Yuma counties may qualify for low-interest federal disaster loans to repair damage caused by the quakes that began on August

PHOENIX, AZ - September 17, 2012 - (RealEstateRama) -- Spectrum Labs, a pet allergy solutions company, has signed for 25,569 SF of lab offi ce space within Southbank Business Park, 2801 S. 35th St. in Phoenix.

Tucson, AZ - August 23, 2012 - (RealEstateRama) -- The Tucson Spectrum Shopping Center sold to a publicly-traded investment trust for $125,375,000. DDR Corp. purchased the 709,811 SF and seven developable fi nished retail pads of the Phase II portion of the regional retail center located at Irvington Road and Interstate 19. Price per square foot for this transaction was calculated at $177.00.

TOLLESON, AZ - August 14, 2012 - (RealEstateRama) -- A signifi cant lease was recently completed at Westside Business Park Bldg 4, 8602 W. Buckeye Rd. in Tolleson. The 8-year, 238,450 SF lease transaction is for over 40 percent of the 535,213 SF warehouse.

GPE Companies [<a href="http://www.gpe1.com?utm_source=deal-summary&utm_medium=press-release reports closing 18 commercial real estate transactions in the amount of $7.3M for 75,939 square feet in May 2012. Sales —...

Scottsdale, AZ - June 19, 2012 - (RealEstateRama) -- Dominion Real Estate Partners announces the opening of the Scottsdale Centre office. The office is owned by Licensed Owner/Manager and notable Scottsdale/Fountain Hills Realtor, Jay Cooper. The new office is located at 8426 East Shea Boulevard, on the northwest corner of Shea and 84th street. This is the fourteenth Dominion Real Estate Partners office in Arizona.

Torrance, CA - June 14, 2012 - (RealEstateRama) -- Thousands of Arizona homeowners are not aware of the many programs and options available to them right now, which can reduce their mortgage payments, reduce their interest rate, modify their current loan or help them refinance with a better loan, or simply save their home. However, a special program presented free of charge on June 21 may change that.

CHANDLER, AZ - June 14, 2012 - (RealEstateRama) -- A state-of-the-art data center has broken ground recently after the purchase of 8 acres of land at 2600 W. Germann Rd. in Chandler for $1.6 million or $200,000 per acre.

Phoenix, AZ - June 7, 2012 - (RealEstateRama) Sale Transactions: Mark Wilcke negotiated the sale of a 34,000 SF industrial building representing the seller, U.S. Bank National Association. The property is located on 1710-1730 W. 10th Place in Tempe, AZ. Kurt Saulnier with Lee & Associates represented the buyer, El Tejado, LLC.

Torrance, CA - June 1, 2012 - (RealEstateRama) -- “We have sold six of our Arizona properties totaling almost $100 million over the last six months, however it was a difficult decision to sell Sonora considering the quality of the real estate. However as we continue to reshape our portfolio it was an obvious disposition target given the fact we have owned the property for 13 years,” said Westwood Financial Executive VP Joe Dykstra. “We have invested in retail properties in Arizona since 1989 and have owned 33 properties at one time or another in Phoenix and Tucson and expect to continue to be an active buyer in the state.”

Phoenix, AZ - May 30, 2012 - (RealEstateRama) - Barbara Lloyd, Chris Gerow, Shelby Tworek and Gabe Ortega negotiated the sale of a 38,904 SF retail building representing the seller, Nevada State Bank, for $1,400,000. The property is located on 725 S. Estrella in Goodyear.

PHOENIX, AZ - May 23, 2012 - (RealEstateRama) -- MidFirst Bank sold a 16,615 SF industrial manufacturing building at 21775 E. McCowan Lane in Queen Creek for $1.1M. The buyer was Ranchland Holdings I, LLC of Mesa. Price per square foot was calculated at $66.21.

- May 17, 2012 - (RealEstateRama) - Isy Sonabend represented the tenant, Duro Standard Products Company, Inc., in the negotiation of an 89 month, 121,007 SF industrial lease at 4 South 84th Avenue in Tolleson, AZ. John Bonnell with Jones Lang LaSalle represented the landlord, Blue Dog Properties Trust.

May 16, 2012 - (RealEstateRama) -- With the macroeconomic background providing further substance to Arizona’s growth, the retail sector found positive momentum this quarter. As confidence builds nationwide the consumer confidence index leveled off around 70 this quarter after hitting a low of 39.8, during third quarter 2011. The index is a measure of the financial health, spending power and confidence of the average consumer, according to The Consumer Confidence Board. The level of expenditures on food, clothing, and desirable products all increased this quarter, boosting the capacity for retail activity

Phoenix, AZ - May 15, 2012 - (RealEstateRama) - David Cravath and Rob Downing negotiated the sale of a 60,402 SF multi-family property for the seller, Realty Partners Charter, LLC. The property is located at 1220 N. 44th Street in Phoenix. Linda Gerchick and Mike Stoholer of Robinson Group represented the buyer, Waitley MTL Plat, LLLP.