PHOENIX—In this edition of Deal-Tracker, a 94,885-square-foot South Phoenix distribution building at 2021 E. Jones Ave. sold for $5.1 million. The seller also negotiated a sale/leaseback term to occupy the facility for 16 months.
PHOENIX—Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease for the Arizona Department of Child Safety at Mesa Financial Plaza, 1201 S. Alma School Rd.
PHOENIX—Expanding its Phoenix area footprint, San Diego-based Parallel Capital Partners announced it has acquired One North Central—a 20-story, trophy office building in downtown Phoenix—for $93.75 million.
Be it through their dealmaking prowess, leadership skills or impact on the local community, these executives' careers shine particularly bright in the Golden State.
PHOENIX—Lowe Enterprises Investors has acquired three office buildings totaling 437,603 square feet at the Phoenix Gateway Center in joint venture with an investment client.
PHOENIX—Vacancy rates among Phoenix's industrial product continue to fall, and with the ability to offer plenty of day trips to major distribution centers, investors are pursuing the market's industrial portfolios.
PHOENIX—One of the largest adaptive reuse projects in Arizona held its ribbon-cutting ceremony recently.The 100,000-square-foot Centrica is now complete.
PHOENIX—Veteran real estate experts Kurt Rosene and Justin Miller have formed NOVO Development, LLC, a commercial real estate development company headquartered in Scottsdale.
HOUSTON—The wave that's changing MF and retail has made its way to office, so get ready for a wild ride. So says Brandon Weber of Hightower in this EXCLUSIVE interview for NAIOP's O.CON: The Office Conference.