PHOENIX—A groundbreaking ceremony was held for Sheraton Hotel Mesa along the Paseo Rio Vista connecting Cubs Park with Riverview Park. The full service hotel will be the first commercial development on the site.
PHOENIX—Buchanan Street Partners announces two acquisitions in the greater Phoenix area including Vue Park West, a 260-unit luxury apartment complex in Peoria and the 106,077-square-foot Mesa Corporate Center office complex in Mesa.
Location, location, location. That was the central theme in NAIOP's E.CON Panel on End User's Perspective on Site Selection moderated by Scott Belfer, senior vice president for CBRE, Inc.
PHOENIX—Jim Wilson of Cushman & Wakefield of Arizona, Inc. was named Top Industrial Broker of the Year at the 2013 Best of NAIOP awards dinner, held at the Arizona Biltmore.
PHOENIX—The Arizona chapter of NAIOP elected Molly Ryan Carson, vice president of development with the Ryan Cos., to the 2014 board of directors this month.
PHOENIX—Given the uptick in Florida's hotel market, GlobeSt.com spoke with Bill Murney, HREC senior vice president in charge of the Phoenix office, to get a take on the state of the Valley's hotel industry.
PHOENIX—The Opus Group announces it is opening an office in Phoenix and has hired 26-year industry veteran Lawrence Pobuda as senior vice president and general manager of Opus Development Company, L.L.C.
PHOENIX—Dornin Investment Group, a West Coast based real estate investment firm, recently acquired a 219,741 square-foot, mixed-use commercial property consisting of three buildings located in Tempe. The acquisition was financed through a $22.5 million, 10-year, fixed-rate mortgage loan through CCRE.
PHOENIX—Cassidy Turley announces the sale of Prologis Riverside Distribution Center, a 250,796-square-foot industrial project at 2225 South 43rd Ave. in the Southwest Phoenix submarket.Pennsylvania-based Exeter Property Group purchased the property for $13.2 million from San Francisco-based Prologis.