PHOENIX—Santa Monica-based Wood River Properties purchased Miramonte Apartments, located in central Scottsdale, from Seattle-based Security Properties for $18.5 million. ABI Multifamily represented the buyer in the transaction.
PHOENIX—As previously reported on GlobeSt.com, Geoffrey Harris has joined CBRE Group, Inc.'s Capital Markets' Debt and Structured Finance team as senior vice president. GlobeSt.com caught up with Geoffrey Harris in this exclusive interview to discuss the details of his strategies moving forward.
PHOENIX—In this week's Deal-Tracker, Gladstone Commercial Corporation reported that it closed a $5.6 million second mortgage development loan for the construction of an 81,371 square foot, build-to-suit transitional care facility located on a major hospital campus in Phoenix.
PHOENIX—As previously reported on GlobeSt.com, Alliance Residential has promoted Bob Weston to chief financial officer. Weston, currently managing director for production in the Southeast, will relocate to Phoenix to take on the role of chief financial officer.
PHOENIX—ViaWest Group announces that NXP Semiconductors has signed a 10-year lease for 32,988 SF of office space at Chandler Midway Corporate Center, 5670 W. Chandler Blvd. Built in 2007, the project is comprised of two class A office buildings totaling 111,800 square feet.
PHOENIX—As previously reported on GlobeSt.com, Alliance Residential has promoted V. Jay Hiemenz to president and chief operating officer. Hiemenz is a founding partner of Alliance and has been an integral part of Alliance's growth since the company's inception.
PHOENIX–Columbus-based Nationwide Realty Investors has signed a lease with Arizona based health and wellness leader Isagenix International, LLC to occupy a 150,000 square foot, single-tenant building at its master-planned Rivulon development in Gilbert.
PHOENIX—The Cooke Multifamily Investments Team at Colliers International in Greater Phoenix completed the sale of a 2,759-unit multifamily portfolio for $168.5 million.
PHOENIX—CBRE Group, Inc. announces that Geoffrey Harris has joined the firm's Capital Markets' Debt and Structured Finance team as senior vice president. Harris is a high performing financial services professional with more than 15 years of mortgage banking experience.
PHOENIX—ICON Builders is breaking ground on El Rancho, located at 719 E Main St. in Mesa. El Rancho will combine affordability with the local artistic community to create a home for Mesa families.