SCOTTSDALE, AZ-Pacific Coast Capital Partners and Hibernia Capital Advisors team on their first buy in the Valley: the Ryan Kierland Corporate Center. The 106,548-sf, class A office building comes with entitlements for another 70,000 sf of construction.
PHOENIX-Fajon Machining Inc. will break ground by year's end on an office/warehouse for its manufacturing and office operations. The company pays $753,000 for 2.5 acres at the corner of 23rd and Jefferson streets.
TEMPE, AZ-KES Systems subleases an 18,548-sf industrial building from Unaxis USA, which does a direct lease for 4,500 sf at Warner Business Center. The 44-month sublease is valued at $560,000 while the five-year direct lease has a $275,000 payout.
HOUSTON-Steve Rocher and Dave Hanusa with Trammell Crow Co. beat out incumbent Transwestern Commercial Services Inc. to handle leasing of the 481,222-sf, 92%-leased trophy in the Galleria submarket.
SCOTTSDALE, AZ-GDA Real Estate Services Inc. beats more than five other potential buyers with a $19.2-million bid for the Zocallo Furniture Plaza, a two-building, 51,195-sf retail center in "furniture row."
HOUSTON-After searching nearly four months, ENGlobal Corporate Services Inc. will relocate the executive team into 33,759 sf of class B office space in Bridgewood I. The firm will take over the top floor of the four-story building in July.
FOUNTAIN HILLS, AZ-Inland Western Retail REIT buys 121,998 sf of fully leased space in the 305,827-sf Four Peaks Plaza. A 30,191-sf Ross Dress for Less is the anchor of the 75-acre center, which is shadow-anchored by a 125,381-sf Target.
FOUNTAIN HILLS, AZ-Inland Western Retail REIT buys 121,998 sf of fully leased space in the 305,827-sf Four Peaks Plaza. A 30,191-sf Ross Dress for Less is the anchor of the 75-acre center, which is shadow-anchored by a 125,381-sf Target.
PHOENIX-Service Wire Co. stakes a $4.2-million claim to the five-year-old warehouse, a former distribution center for Popular Outdoors goods. The buyer will relocate its southwestern US manufacturing hub within 60 days.
DEER PARK, TX-All Temp Sensors, a manufacturer of temperature devices, signs a long-term lease for a warehouse project that will break ground in May on three acres in Battleground Distribution Center. Delivery is penciled for December.