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Phoenix, AZ - February 29, 2012 - (RealEstateRama) -- Sperry Van Ness – SVN Partners in Greater Phoenix is pleased to announce the sale of 2680-2730 S. Val Vista, Buildings 5 & 15 in the medical and professional office condominium project of Spectrum Falls for $1,050,000. The Class-A office buildings totaling 7,280 square feet were built in 2006 and were part of a multi-tenant NNN investment. All but 600 square feet were occupied at the time of the sale. The bank owned buildings were purchased by Scottsdale Investment Management of Scottsdale, Arizona.

Torrance, CA - February 29, 2012 - (RealEstateRama) -- Coldwell Banker Residential Brokerage in Arizona is pleased to announce that Connie Manzano has been appointed branch manager of the Scottsdale @101 office. A manager with Prudential Arizona Properties in Scottsdale for the past six years, Manzano returns to Coldwell Banker to lead the Scottsdale office – a role quite familiar to Manzano.

Phoenix, A - February 21, 2012 - (RealEstateRama) - Tom Young and Patrick Sheehan represented the seller, CAVCO Industries, Inc., on the purchase of a $1,570,000, 94,210 SF industrial property at 3502 W. Lower Buckeye Rd. in Phoenix. The buyer was the Garold C. Brown and Carol A. Brown Trust of Tucson and was represented by Garland Shaw of Ventura Properties, LLC

Phoenix, AZ - February 21, 2012 - (RealEstateRama) -- GPE Healthcare Investment Group (gpehealthcareinvestmentgroup.com), a commercial real estate team representing medical and healthcare investment interests in the Southwest, announced the sale of Concorde Assisted Living Center in Las Vegas, Nevada.

Phoenix, AZ - February 21, 2012 - (RealEstateRama) -- GPE Commercial Advisors (gpe1.com) reported closing 12 commercial transactions in the amount of $12.4M for 227,355 square feet in January 2012.

Torrance, CA - February 20, 2012 - (RealEstateRama) -- Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has sold Olive Square, an 86,225-square-foot retail center in Glendale, Ariz., to seller North American Realty Acquisition Corporation for $6.3 million.

GPE Commercial Advisors (gpe1.com) reported closing 12 commercial transactions in the amount of $12.4M for 227,355 square feet in January 2012. • $11.1M in commercial...

Phoenix, AZ - February 10, 2012 - (RealEstateRama) -- Sperry Van Ness – SVN Partners in Greater Phoenix announced the sale of 8210 W. Indian School Rod for $900,000 or approximately $36.65 per square foot. The property has been occupied in the past by several different grocery stores. The new owner Indian School & 82, LLC will occupy the property as Del Sol Furniture and buyers plan to be open for business by the end of February. The seller was 83 & Indian School, LLC. The transaction was negotiated by Shari Tucker-Gasser & Judy Cahalan Jones of Sperry Van Ness-SVN Partners on behalf of the buyer and seller.

Phoenix, AZ - February 10, 2012 - (RealEstateRama) -- GPE Healthcare Investment Group (gpehealthcareinvestmentgroup.com), a commercial real estate team representing medical and healthcare investment interests in the Southwest, announced the sale of Concorde Assisted Living Center in Las Vegas, Nevada.

GPE Healthcare Investment Group (gpehealthcareinvestmentgroup.com), a commercial real estate team representing medical and healthcare investment interests in the Southwest, announced the sale of Concorde...

Mark Wilcke represented the buyer, the Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-Day Saints on two land parcels at 2411-2414 N. Old Gilbert Road in Mesa, for $650,000 (3.91 AC) and $400,000 (2.81 AC) respectively. The parcels were sold by Jerry Lee Newsome Revocable Living Trust and Robert Newsome Revocable Living Trust, respectively. Stephan R. Hale represented both sellers.

Phoenix, AZ - February 7, 2012 - (RealEstateRama) -- Sperry Van Ness - SVN Partners announced that My Big Fat Greek Restaurant has leased out a 3,810 square foot space at Foothills Desert Shopping Center, located at 1334 E. Chandler Boulevard in Phoenix, Arizona. The shopping center is anchored by Safeway and is situated at the northeast corner of Chandler Boulevard and Desert Foothills Parkway The space was formerly occupied by Le Ragasse Restaurant. My Big Fat Greek Restaurant is expected to begin serving customers in the spring.

CASA GRANDE, AZ - February 6, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has orchestrated a 114,000-square-foot industrial lease at Clarion Partners’ Central Arizona Distribution Center in Casa Grande, marking one of the largest lease commitments in years for Pinal County. Mid-States Services, a wholesale/retail distributor, will relocate its regional operation to the property from another local address in an expansion move.

Phoenix, AZ - February 6, 2012 - (RealEstateRama) -- Darren Tappen, Mike Kasulaitis, and Aric Adams of Voit’s Phoenix office have been selected by property owner Westport Capital Partners to market Pinnacle Park Business Center, a 123,544 square-foot industrial property available for lease at 1125 W. Pinnacle Peak Rd. in Phoenix.

Phoenix, AZ - January 31, 2012 - (RealEstateRama) -- GPE Commercial Advisors (gpe1.com) reported closing 25 commercial transactions in the amount of $9.6M for 95,037 square feet in December 2011.

January 27, 2012 (Phoenix, Arizona) - GPE Commercial Advisors (gpe1.com) reported closing 25 commercial transactions in the amount of $9.6M for 95,037 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 25, 2012 - (RealEstateRama) -- The Phoenix retail sector seems to have broken through the holding pattern that has consumed it for most of 2010 and 2011. In the final quarter of this year, absorption numbers were the highest in some time and overall momentum seems to be shifting in the right direction. Pent up demand for goods has driven sales numbers higher and consumer confidence is up. Record-breaking holiday sales figures, rising automobile sales and a feeling that the economy is improving have all contributed to this upward trend. As a word of caution, the doors can swing shut again if gasoline prices shoot up or other bad economic issues come to light.

Phoenix, AZ - January 20, 2012 - (RealEstateRama) -- The Valley’s office sector continued to pace along the bottom over the past year. As we enter 2012 a new attitude is taking hold. Though conditions remain weak, 2011 saw an increase in in-migration population and new job creation, creating optimism about improvement in this sector.

Phoenix, AZ - January 19, 2012 - (RealEstateRama) -- The Phoenix Industrial Market continues to build on last quarter’s success as figures show a strong reduction in overall vacancy and a strong rise in absorption. Rental rates have rebounded slightly from their low point in the second quarter of 2011. Along with this good news are a few sobering facts which still point to a sector that continues to struggle to return to historic norms.