Commercial Real Estate Transactions 10-23-2018
Sales Transactions 1. On behalf of Cohen Asset Management, Cushman & Wakefield announced the firm facilitated the sale of Iridium @ Price Road Corridor, a 69.8KSF BEX
News Ticker
Articles by Amanda Murray
Mesa Multi-Use Will Let Seniors Age in Place
By Adrienne St. Clair for Arizona Builder’s Exchange City of Mesa planners have approved a rezoning request from Khangura Development & BioCity Enterprises, LLC to BEX
Ariz. Construction Gained 1,200 Jobs in September
By Roland Murphy for Arizona Builder’s Exchange Arizona’s seasonally adjusted unemployment increased to 4.7 percent in September, up from 4.6 percent in July and August, BEX
Industry Professionals 10-19-18
Company News 1. FCI Constructors, Inc. which has nine offices in six states, is celebrating its 40th Anniversary of serving clients in the Rocky Mountain region. Promotions BEX
Arizona Projects 10-19-2018
Giving Back 1. Habitat for Humanity Central Arizona has adopted four Phoenix central city south neighborhoods — Grant Park, Central Park, Matthew Henson and the 7-11 BEX
Litchfield Considering Cornerstone at the Park Plan
By Roland Murphy for Arizona Builder’s Exchange The City of Litchfield Park Planning & Zoning Commission recently heard information on a 313-unit residential mixed-use BEX
Commercial Real Estate Transactions 10-16-2018
Sales Transactions 1. Glen Una Management purchased the fully occupied office buildings at 6221 & 6223 South Palo Verde Road in Tucson for $16.42M in the Tucson BEX
Local A/E/C Community Supports KIDstruction Efforts
By Jen Crane for Adams & Associates Engineers Several Arizona A/E/C firms came together to sponsor this year’s KIDstruction event – a design/build competition for BEX
New Purchase, Expansion Plans for Park Central Mall
By Roland Murphy for Arizona Builder’s Exchange Long an icon of stalled hopes for renovation and redevelopment in Central Phoenix, the area around Park Central Mall BEX
PHX Strong, Though National Multifamily Dips a Bit
By AZBEX Staff for Arizona Builder’s Exchange September saw a slight dip in multifamily rents, but the grand picture is still rosy overall. According to the September 2018 BEX
Industry Professionals 10-12-18
Giving Back 1. CBRE’s 8th annual PurSuit of Success citywide business clothing runs through Friday, Oct. 19 and benefits women and men in job training programs with BEX
Arizona Projects 10-12-2018
Progress Reports 1. 212 concrete girders installed on two Loop 202 South Mountain Freeway bridges spanning the Salt River between Broadway Road and Southern Avenue in the BEX
LMS Talks Sports Facility Market Trends
By Tasha Anderson for Arizona Builder’s Exchange It’s October, which means football season is in full swing, hockey has just begun, and basketball is right around the BEX
$60M, 282-Unit Mixed-Use Planned in S. Scottsdale
By Roland Murphy for Arizona Builder’s Exchange Berry Riddell, LLC has submitted a proposal to the City of Scottsdale on behalf of Trammell Crow Residential to develop a BEX
Commercial Real Estate Transactions 10-09-2018
Sales Transactions 1. CBRE arranged the sale of a five-building portfolio in metro Phoenix totaling nearly 806KSF for $255M. Liberty Property Trust sold the four-building BEX
Investors Move Past the Traditional in PHX, North America
By Roland Murphy for Arizona Builder’s Exchange Autumn is rolling across North America, and capital is continuing to roll into commercial real estate locally, regionally BEX
New Underground Water Storage for East Sedona
By Adrienne St. Clair for Arizona Builder’s Exchange Arizona Water Company has submitted a proposal to the City of Sedona to build a water storage tank and pumping facility BEX
Industry Professionals 10-05-18
Giving Back 1. Mike and Cindy Watts, owners of Sunstate Equipment Co., made a $30M donation to Arizona State University’s mission to increase access to higher education BEX
Arizona Projects 10-05-2018
Awards & Accolades 1. CVL was recently selected as the ACEC 2018 Engineering Excellence Grand Award winner for the Thunderbird Road 16-Inch Water Main Replacement. 2. BEX
Family Entertainment Ctr. Planned for Longbow
By Roland Murphy for Arizona Builder’s Exchange A new 61.4KSF family entertainment center is planned in Mesa next to Sprouts Farmers Market in Longbow Marketplace near BEX
New Whse/Industrial Coming to Scottsdale
By Adrienne St. Clair and Roland Murphy for Arizona Builder’s Exchange Capital Industrial Holdings, LLC has submitted a proposal to the City of Scottsdale to build a new BEX
Commercial Real Estate Transactions 10-02-2018
Sales Transactions 1. A distribution center fully leased by Amazon.com Inc. located at 6835 W. Buckeye Rd in Phoenix, has sold for $98.3M. The sale was a partnership between BEX
Approved CIPs Show Sustained Growth in Sector
By Rebekah Morris for Arizona Builder’s Exchange The final tally is coming in for this year’s budget season, namely, the Capital Improvement Plans for major BEX
New Housing for Tempe’s Broadway Road Corridor
By Adrienne St. Clair and Roland Murphy for Arizona Builder’s Exchange Quyp Development Services, LLC has submitted a rezoning request to the City of Tempe to build a BEX
Industry Professionals 09-28-18
Giving Back 1. Valley Partnership has announced Sunshine Acres Children’s Home will be the 2018 recipient of the Valley Partnership Community Project. The BEX
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