PHOENIX—The Phoenix office of JLL has completed the $9 million sale of 5th Street Industrial, a 110-square-foot industrial building at 3405-3445 S. 5th St. The deal bolsters the rapid recovery of Phoenix industrial space in the 50,000–150,000-square-foot range.
PHOENIX—Trammell Crow Company announces that Cullen Mahoney has joined the Company's Phoenix Business Unit as an associate. In his new role, he will assist in all aspects of the commercial development and acquisition process.
PHOENIX—Cassidy Turley completed leases of 13,782 square feet with Kforce, Inc., 7,468 square feet with Lawyers Title, 6,293 square feet with GL Legacy Commercial Advisors, Inc., and 2,250 square feet for Newmark Realty Capital at 3131 and 3133 E. Camelback Rd.
PHOENIX—The Phoenix office of JLL has been selected as the exclusive leasing agent for the four Class A office towers at The Esplanade, a 1-million-square-foot landmark mixed-use project located at 24th Street and Camelback Road.
PHOENIX—McMillan Commercial Real Estate, an Arizona commercial real estate firm exclusively representing tenants and corporate space users, announces that they have entered into an agreement to merge with Keyser to lead the firm's growing Educational Practice Group.
PHOENIX—Fort Worth-based American Airlines Group renewed a 201,724-square-foot lease at Rio West Business Park, a class A office complex located at 1821, 1921 and 2021 W. Rio Salado Parkway in Tempe.
PHOENIX—Steve Jaffe, executive vice president and general counsel to BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, speaks with GlobeSt.com about the current retail market.
TUCSON—Granite Construction Incorporated announces that it has been awarded a $34 million highway improvement project by the Arizona Department of Transportation.
PHOENIX—Cornerstone Realty Group Inc. announces the submission of a $26 million offer on a 272 unit multifamily property located in the greater Phoenix metropolitan area.
