PHOENIX—Johnson Capital announces it has arranged an $8.1 million loan for a multifamily property in Peoria. Neal Churney and Adam Finkel in Johnson Capital's Phoenix office arranged the loan.
PHOENIX—Kurt Rosene, senior vice president-national development for Alter Group who works out of the Phoenix office wants the public to know that it's business as usual for Alter Group in Phoenix. This he stressed after fielding a bevy of calls regarding a recently published article in GlobeSt.com.
PHOENIX—Phase III of Scottsdale Quarter will break ground this summer. Phase I and II of the mixed-use center, which sits on 28 acres includes 370,000 square feet of upscale retail, restaurant and entertainment options and 203,000 square feet of class A office space.
PHOENIX—Voit Real Estate Services announces that Tom Johnston has been appointed managing director to oversee all aspects of Voit's operations in the Phoenix and Las Vegas markets.
TUCSON—The 82,942-square-foot Muscular Dystrophy Association offices at 3300 E. Sunrise Drive were sold to an affiliate of Larsen Baker, LLC. The purchase price was $9.1 million.
PHOENIX—The Price Road Corridor is one of the hottest commercial sectors in the Valley Metro area. And with the area 50% built out, a tipping point is not in sight.
PHOENIX—The Greater Phoenix housing market is posting price gains, but the pace of appreciation has been slowing in recent months after being among the top-performing markets in the country in 2012.
PHOENIX—The first newly redesigned prototype for Popeye's Louisiana Kitchen will be built at the southwest corner of Elliot Road and Priest Drive in Tempe.
PHOENIX—CFA Cabinetry, a wholesaler of kitchen and bathroom cabinetry, is nearly doubling its warehouse and distribution space with a relocation to 420 S. 53rd Ave.