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$5M+ Deals – Joint venture goes on Tempe & Mesa commercial buying spree; N Phoenix Charter School

Posted by   /  April 8, 2016  /  Dealmaker, Real Estate  /  No Comments

Below are the deals that closed Thursday, April 7, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions. Price: $10.033M Buyer: BAR/JCR PHX FLEX INVESTORS, LLC (BirtcherAnderson & JCR Capital) Seller: Presson Corporation Property Type: Commercial (GID) Property Size: 1.8 acres Location: […]

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Living Art: 118-unit Infill Development to Open in Phoenix This Summer

Posted by   /  April 7, 2016  /  Real Estate News Briefs  /  No Comments

Proxy333

Downtown Phoenix lot given new, art-inspired purpose by Scottsdale developer (NEWS RELEASE) Downtown Phoenix will see another multifamily property rise from the ashes of a decades-old building this summer. Proxy333, located at 333 E. McKinley St., immediately west of the Biomed campus, is being co-developed by Scottsdale’s Tilton Development Company and Seattle-based Goodman Real Estate. […]

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Phoenix Pledges $200,000 To Save State Fairground Building

Posted by   /  April 7, 2016  /  Dealmaker, Government and Politics  /  No Comments

State Fairground Building

by Christina Estes | KJZZ Mayor Greg Stanton calls it a deal the state can’t reject. On Wednesday afternoon, City Council approved a plan to help stabilize the WPA Building located at the south end of the Arizona State Fairgrounds near 19th Avenue and McDowell Road. Built in 1938, the WPA Building served as the state […]

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$5M+ Deals – N & Central Phx commercial; Mesa commercial land

Posted by   /  April 6, 2016  /  Dealmaker, Real Estate  /  No Comments

Below are the deals that closed Tuesday, April 5, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions. Price: $12.94M Buyer: BKM Rose Garden 111, LLC Seller: Pacific Rose Garden, LLC Property Type: Commercial (Industrial Park) Property Size: 10.7 acres, 146,158 SF […]

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$5M+ Deals – $19M+ for 40th St & Camelback commercial; Mesa & Chandler commercial

Posted by   /  April 5, 2016  /  Dealmaker, Real Estate  /  No Comments

Below are the deals that closed Monday, April 4, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions. Price: $19.650M Buyer: CH Realty VII/R Phoenix Arcadia Village, LLC Seller: Arcadia Retail, LLC & Big Slick Holdings, LLC Property Type: Commercial (C-2) Property […]

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Collins announcing re-election to keep Paradise Valley best small town in America

Posted by   /  April 5, 2016  /  Government and Politics  /  No Comments

collins paradise valley

(Editor’s note: News releases are published as submitted, with no editing unless they contain factual errors.) (NEWS RELEASE) It’s been my honor serving as Paradise Valley Mayor these past fifteen months. Together with other elected and non-elected volunteers, staff and participating residents we’ve had significant achievement and are making progress on things that are important […]

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Metro Phoenix Posts Strongest Q1 Office Absorption in 10 Years

Posted by   /  April 4, 2016  /  Real Estate News Briefs  /  No Comments

(NEWS RELEASE) Cushman & Wakefield announced today that the Metro Phoenix office market posted its strongest first quarter of absorption since Q1 2006, with over 730,000 square feet (sf) during Q1 2016. At the close of Q1 2016, office vacancy stood at 18.2%. This marks a considerable reduction from the 18.7% rate in place three […]

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JLL’s Q1 2016 Phoenix Office Market statistics

Posted by   /  April 4, 2016  /  Real Estate News Briefs  /  No Comments

(NEWS RELEASE) Construction is still going strong: More than 2.2 million square feet of office space (including 439,530 square feet of speculative space) is currently under construction in Greater Phoenix. An impressive 80 percent of that space is pre-leased. Almost 82 percent of space under construction (1.8 million square feet) is represented in three projects: […]

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Detours of Arizona Acquires Industrial Building in Tempe

Posted by   /  April 4, 2016  /  Real Estate News Briefs  /  No Comments

Industrial Building in Tempe

(NEWS RELEASE) Cushman & Wakefield, a global leader in commercial real estate services, announced today that Detours of Arizona, LLC has purchased an industrial building at 722 S. Perry Lane for $889,000. Cushman & Wakefield Directors Jackie Orcutt and John Grady represented the seller, Frank and Leila Hanna Living Trust. Ken McQueen of Lee & […]

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$5M+ Deals – Hotel near airport sells for $8.53M

Posted by   /  April 4, 2016  /  Dealmaker, Real Estate  /  No Comments

Below is the deal that closed Friday, April 1, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions. Price: $8.53M+ Buyer: RR Hotels Phoenix, LLC Seller: World Travel Inns Limited Partnership Property Type: Commercial, Fairfield Inn & Suites Phoenix Airport Property Size: […]

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