PHOENIX—Cushman & Wakefield of Arizona, Inc. negotiated 21,085 square feet of new leases at Scottsdale Executive Office Center, 15880, 15990 and 16100 N. Greenway-Hayden Loop.
PHOENIX—Lee & Associates announces the sale of the two-building Superstition Springs Business Park at 7307 and 7427 E. Hampton Ave. in Mesa for $14 million. Total square footage for the project was 101,411.
PHOENIX—Helix, a Phoenix-based commercial real estate brokerage, management, investment services and development company, recently acquired two new commercial properties: Pebble Creek Plaza Retail Pads in Goodyear and Zanjero Falls in Glendale.
PHOENIX—IPA, an operator of multifamily communities in Michigan and Arizona, and Retirement Community Specialists, Inc., an operator of luxury senior housing communities in Arizona, recently announced they have joined together under the same umbrella company, IPA, LLC.
PHOENIX—As goes the high-tech industry, so goes opportunity. Once a high-tech company anchors a neighborhood, housing prices rise, new amenities spring up and unemployment dips.
PHOENIX—Santa Ana-based MCA Realty has partnered with HG Capital to acquire a 72,241-square-foot industrial and manufacturing asset located at 6720 S. Clementine Court in Tempe.
PHOENIX—For most, the world of bankruptcy is in impenetrable web of rules, regulations, and code speak. As a result, few people are willing to dedicate the time and effort needed to understand the sometimes Byzantine rules of the bankruptcy process. GlobeSt.com caught up Todd Tuggle, an attorney with Phoenix-based Jennings, Strouss & Salmon P.L.C., to discuss the ins and outs of this weighty process.
TUCSON—Berkadia facilitated the sale of Paseo Del Sol Townhomes, located at 6280 S. Campbell Ave. in Tucson. The seller was Bayview Loan Servicing LLC of Coral Gables, FL; the buyer was Summit Paseo Del Sol LLC of Los Angeles.
PHOENIX—Faris Lee Investments has completed the $22 million sale of Watson Marketplace, a fully leased, 90,000-square-foot retail center located in Buckeye, a growing submarket 30 minutes west of Phoenix.