PHOENIX—Construction and conversion has begun for The Circuit Tempe, a 190,000-square-foot ultra-modern, high density, class A office project at 615 S. River Dr. in Tempe. Formerly an industrial manufacturing facility for Jabil Circuit, the sizable building has been dramatically re-designed to serve as the Valley's first speculative large-scale, millennial focused office property.
PHOENIX—In this edition of Deal-Tracker, CBRE completes the sale of the Shops at Dynamite & Tatum, a retail strip center located at 28255 N Tatum Blvd, in Cave Creek. The asset sold for $1.9 million.
PHOENIX—CBRE has completed the sale of Welnick Bros. Marketplace located at 345 W. Van Buren St. in Downtown Phoenix. The property has been earmarked for a future, urban-infill retail project. The sale is yet another testament to the Downtown area's revitalization—this time capitalizing on a bit of history.
PHOENIX—GlobeSt.com recently caught up with Flynann Janisse, the executive director of Rainbow Housing Assistance Corporation, a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country. Rainbow seeks to create and preserve quality, affordable housing for families and individuals of diverse ethnic, social and economic backgrounds. GlobeSt.com asked Janisse to define impact investing and give a sense of its growing popularity.
PHOENIX—In this edition of Deal-Tracker, Cooper, Cardinal and Company LLC, a boutique multi-family investment brokerage firm with headquarters in Phoenix, recently closed four multifamily deals.
PHOENIX—Kurt W. Rosene, formerly senior vice president of The Alter Group, has transitioned to his new role as head of NOVO Development, LLC, headquartered in Scottsdale.
PHOENIX—More than 200 attended the RealShare Phoenix Metro conference last week at the Phoenician in Scottsdale. Jim Mahoney, senior managing director, Trammell Crow Company, moderated the panel, Development: East Valley, West Valley, and Beyond.
PHOENIX—CBRE has completed a 48,735-square-foot lease at Estrella Business Park located at 1010 S. 65th Ave. in Phoenix. Propak Logistics, Inc. has leased the space marking the company's first location in metropolitan Phoenix and bringing the property to 100% leased.
PHOENIX—More than 400 attended the 2014 RealShare Healthcare Real Estate conference held at the Phoenician in Scottsdale where Kate Morris, first vice president, CBRE, moderated the panel: New Trends in Marketing and Leasing.