SCOTTSDALE, AZ-Palo Cristi II, a class B office building with a 70% vacancy, sits on the market for a year before selling. The new owner, planning to occupy 10,000 sf of the building, pays $4.1 million for the Scottsdale Airpark building.
MARICOPA COUNTY, AZ-Working the deal off-market, Harvard Investments Inc. secures acreage near the City of Buckeye in western Maricopa County. The commercial plan tentatively calls for 1.1 million sf on 100 acres.
MARICOPA COUNTY, AZ-Working the deal off-market, Harvard Investments Inc. secures acreage near the cities of Belmont and Buckeye in western Maricopa County. The commercial plan tentatively calls for 1.1 million sf on 100 acres.
HOUSTON-A prime piece of downtown land, known as Block 98, will be developed in the next three years by LandCo Properties LLC and Equity Edge LLC. The partnership has paid $6.5 million for the 1.5-acre tract to Crescent Real Estate Equities Co.
HOUSTON-A prime piece of Downtown land, known as Block 98, will be developed in the next three years by LandCo Properties LLC and Equity Edge LLC. The partnership has paid $6.5 million for the 1.5-acre tract to Crescent Real Estate Equities Co.
SIERRA VISTA, AZ-After six months on the market and four offers, a 29,279-sf building housing Hastings Entertainment, trades for $1.7 million with a 9.59% cap rate. The Tarzana, CA-based buyer, Berco, also assumes a ground lease.
SIERRA VISTA, AZ-After six months on the market and four offers, a 29,279-sf building housing Hastings Entertainment, trades for $1.7 million with a 9.59% cap rate. The Tarzana, CA-based buyer, Berco, also assumes a ground lease.
PHOENIX-A private investor from Chicago marks his first spot in the Valley with the $1.5-million purchase of Bethany Professional Square, a class C office building along North 7th Street. The 1970s-vintage building is 80% leased.
HOUSTON-Crescent Real Estate Equities Co. and El Paso Corp. end one year of negotiations over an exit of 888,000 sf space in Greenway Plaza. El Paso will pay $65 million in termination fees and $62 million in rent obligations.
HOUSTON-Crescent Real Estate Equities Co. and El Paso Corp. end one year of negotiations over an exit of 888,000 sf space in Greenway Plaza. El Paso will pay $65 million in termination fees and $62 million in rent obligations.