PHOENIX-The rents are holding relatively firm for all product type although occupancy admittedly is up just a shade. The metro region's stable rates get the credit for across-the-board increased leasing activity.
PHOENIX-Jo Dance, a 15-year professional, will be an integral part of Collier's plan to build a realty advisors valuation and advisory services group for the Southwest region. She was an independent consultant for several large firms.
TEMPE, AZ-A California investment company will be courting medical users for its 17,500-sf acquisition at 404 W. Broadway Rd. The location near Tempe St. Luke's Hospital should translate into 100% occupancy, says the broker.
TEMPE, AZ-A California investment company will be courting medical users for its 17,500-sf acquisition at 404 W. Broadway Rd. The location near Tempe St. Luke's Hospital should translate into 100% occupancy, says the broker.
PHOENIX-The rents are holding relatively firm for all product type although occupancy admittedly is up just a shade. The metro region's stable rates get the credit for across-the-board increased leasing activity.
TEMPE, AZ-The 9,801-sf pair sell without ever coming to market. One seller with one loan finds two buyers to highlight the deal. One buyer puts up $615,000 and the other, $625,000 for the buildings in Tempe Commerce Center.
GLENDALE, AZ-Low interest rates and the cost of the remaining eight years on the lease convince the Arizona Automotive Institute to buy its campus, a six-building layout at 6829 N. 46th Ave. The school has been a tenant for more than a decade.
PHOENIX-Today's underlying theme boils down to building safety. In the post-Sept. 11 world, new security plans are in place, terrorist insurance is being demanded at some levels and the owner-tenant relationship is at new highs.
PHOENIX-The Cascades sells for the second time in a month, bringing close to $7 million or $73,158 per unit. In August, the complex brought $64,474 per unit. The New York buyer came to town, liked what it saw and convinced the owner to sell.
PHOENIX-Karl Polen has stepped into the executive role for the Pivotal Group. Polen, a member of the Governor's Water Management Commission, exits the CFO's job for Robson Communities with the shift.