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
News Ticker
Articles by Amanda Murray
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
Arizona Projects 09-28-2018
1. Marwest Enterprises, LLC announced a joint venture for the four-phase planned development of The Landing at PMG, a new Class-A industrial project located on 20 acres BEX
Broken GDLE Subdivision Becoming Niche Apts.
By Roland Murphy for Arizona Builder’s Exchange A site in Glendale at 59th Avenue and Butler Drive that has sat only partially developed for 40 years will be reborn as a BEX
St. Patrick’s in Scottsdale Ready for Updates
By Adrienne St. Clair for Arizona Builder’s Exchange The City of Scottsdale has approved a request by the St. Patrick Catholic Community to build onto the existing St. BEX
Commercial Real Estate Transactions 09-25-2018
Sales Transactions 1. Berkadia announced the $78M financing for six hotel properties in a portfolio of eight total hotel properties. Director Adrienne Kautzman of the BEX
Is Grand Canal Redevelopment Building Steam?
By Roland Murphy for Arizona Builder’s Exchange Recent commercial real estate movements in the area of 12th Street and The Grand Canal have tongues wagging and rumors BEX
NOVUS Innovation Corridor Phase I to Begin
By Adrienne St. Clair for Arizona Builder’s Exchange Arizona State University and Ryan Companies have submitted a proposal to the City of Tempe to build the 777 Tower at BEX
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