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Commercial Real Estate News 8-13-13

Sales Transactions 1.  Newland Communities, San Diego, acquired the last piece of the Estrella master planned community in Goodyear for $69.8M ($11.6K/acre). The remaining BEX

August 13, 2013 // 0 Comments

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Commercial Real Estate News 08-06-13

Donations, Opportunities 1.  Golden Vertex, a Bullhead City mining company, is activating the Moss Mine outside the Northern Arizona community. As part of its activities, BEX

August 6, 2013 // 1 Comment

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Commercial Real Estate News 7-30-13

Auctions 1. In a unique approach to CRE sales, The Snowy Mountain Lodge, Greer, is being offered at auction on August 10. The restored home-into-lodge luxury property is BEX

July 30, 2013 // 0 Comments

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Lender Winds Down Mortgages Ltd. Asset Sell-Off

By Catherine Reagor for The Arizona Republic Mark Winkleman Mark Winkleman is the chief operating officer of ML Manager LLC, which took over the assets of Mortgages Ltd. BEX

July 23, 2013 // 0 Comments

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Commercial Real Estate News 07-23-13

Sale Transactions 1.  Lone Star Funds paid $30M ($77K/unit) for the 388-unit Sonora Canyon apartments, 265 N. Gilbert Rd., Mesa. ORIX USA Corp., Dallas, Tex., the seller, BEX

July 23, 2013 // 0 Comments

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Health Care to Propel CRE Market

By Eric Jay Toll for Arizona Builder’s Exchange The Lifeprint Health Center in north Phoenix was sold recently for $20.5 million. Medical officespace is helping to push BEX

July 16, 2013 // 0 Comments

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Commercial Real Estate News 7-16-13

Sale Transactions 1.   Thunderbird School of Global Management is entwined in a joint venture with Laureate Education Inc. Laureate is pumping $13M cash into the Glendale BEX

July 16, 2013 // 0 Comments

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Commercial Real Estate News 7-9-13

Sale Transactions 1.  Priderock Capital Partners LLC paid $61.5M ($98K/unit) to make its first Arizona investment and buy 626 Scottsdale apartments from Equity Residential BEX

July 9, 2013 // 0 Comments

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Commercial Real Estate News 7-2-13

Sale Transactions 1.  Dallas-based Tenet Health Care is buying Vanguard Health Systems, Inc., Nashville, Tenn. for $1.8B. Vanguard operates Abrazo Health Care locally. The BEX

July 2, 2013 // 0 Comments

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Commercial Real Estate News 6-25-13

Sale Transactions 1.  The pair of buildings totaling 232KSF, 25500 and 25600 N. NorTerra Pkwy., Phoenix, have sold for $54.5M ($234/SF) to Griffin Capital Essential Asset BEX

June 25, 2013 // 0 Comments

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Commercial Real Estate News 6-18-13

Sales Transactions 1.  Although the price tag is $46.5M, the package included medical properties from Wisconsin, Illinois, and Banner Health in Goodyear. Broadstone Net BEX

June 18, 2013 // 0 Comments

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Green Buildings Lease Faster for Premium Rates

By Eric Jay Toll for Arizona Builder’s Exchange Craig Coppola Green buildings mean greener leases, according to premium content in Phoenix Business Journal. Reporter BEX

June 11, 2013 // 1 Comment

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Commercial Real Estate News 6-11-13

Sale Transactions 1.  It may be fully leased today, but who knows what the future holds for the U.S. Airways building in Tempe. W.P. Carey and US Airways sold a partial BEX

June 11, 2013 // 0 Comments

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Commercial Real Estate News 2-19-13

Sale Transactions 1.  Taylor Morrison/Arizona Inc. acquired 1,102 lots over the past six months in the Valley. The builder spent $43M ($39K/lot aggregate average) on the BEX

February 19, 2013 // 1 Comment

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Commercial Real Estate News 10-02-12

Economist Elliot Pollack’s comments on the boom in multifamily development in Rose Law Group Reporter saying, “Apartments are the investment of choice for institutional BEX

October 2, 2012 // 0 Comments

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Commercial Real Estate News 9-25-12

Sales and Leases ACCOR North America acquired six Motel 6 properties in the Phoenix area for $35.3M for the 862 total rooms. The company picked up the properties in a BEX

September 25, 2012 // 1 Comment

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Commercial Real Estate News 9-18-12

Sales and Major Leases 207 of the 230 Lakeside Village apartment units, 855 N. Dobson Rd., Chandler, have been sold to SP Lakeside LLC, Seattle, for $16.4M ($79K/unit). BEX

September 18, 2012 // 0 Comments

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Commercial Real Estate News 9-18-12

Sales and Major Leases 207 of the 230 Lakeside Village apartment units, 855 N. Dobson Rd., Chandler, have been sold to SP Lakeside LLC, Seattle, for $16.4M ($79K/unit). BEX

September 18, 2012 // 0 Comments

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Commercial Real Estate News 9-11-12

Photo Credit: Commercial Executive Magazine Renovation is planned by new owner Stratford Partner, LLC, Del Mar, Calif., for its newly acquired Chelsea Apartments, 57 N. Alma BEX

September 11, 2012 // 0 Comments

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Chandler High Density Site Comes on Market

“We’re entertaining ideas for entertainment, employment and housing for downtown,” Teri Killgore, Chandler downtown redevelopment manager, tells AZBEX during the BEX

September 4, 2012 // 0 Comments

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Comercial Real Estate News 9-4-12

Sales Transactions Photo Credit:CoStar Group Building Two of the Fowler Distribution Center, 800 N. 75th Ave., has been sold for $90.29M ($71/SF) to Industrial Income Trust, BEX

September 4, 2012 // 0 Comments

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