What's Hot

    Developer Proposing 83-Unit Condo Project in Flagstaff

    July 25, 2025

    BNSF Looks to Combine Plan Amendment, Rezoning in 1 County Hearing

    July 25, 2025

    GO Industrial Planning Car Storage Facility in Phoenix

    July 25, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [July 25, 2025] - Developer Proposing 83-Unit Condo Project in Flagstaff
    • [July 25, 2025] - BNSF Looks to Combine Plan Amendment, Rezoning in 1 County Hearing
    • [July 25, 2025] - GO Industrial Planning Car Storage Facility in Phoenix
    • [July 25, 2025] - Arizona Projects 07-25-25
    • [July 23, 2025] - Mohave County May Remove Data Centers as Economic Development Goal
    • [July 23, 2025] - Yuma P&Z Recommends Multifamily General Plan Amendment
    • [July 22, 2025] - Ariz. Construction Gained 600 Jobs in June
    • [July 22, 2025] - Yavapai Board Enables Bid Process for Cornville Road Roundabout
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      Developer Proposing 83-Unit Condo Project in Flagstaff

      July 25, 2025

      BNSF Looks to Combine Plan Amendment, Rezoning in 1 County Hearing

      July 25, 2025

      GO Industrial Planning Car Storage Facility in Phoenix

      July 25, 2025

      Yuma P&Z Recommends Multifamily General Plan Amendment

      July 23, 2025

      Mohave County May Remove Data Centers as Economic Development Goal

      July 23, 2025

      Ariz. Construction Gained 600 Jobs in June

      July 22, 2025

      Scottsdale Report Shows Multifamily Pipeline Half of Common Estimate

      July 22, 2025

      Alleging Breaches, ZenniHome Closes NGS Operations

      July 21, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      $56M+ MAG Program will Enable $90M in Arterial Street Widening Projects

      June 24, 2025

      Commercial Real Estate 07-22-25

      July 22, 2025

      Commercial Real Estate 07-15-25

      July 15, 2025

      Commercial Real Estate 07-08-25

      July 8, 2025

      Commercial Real Estate 07-01-25

      July 1, 2025

      Industry Professionals 07-22-25

      July 22, 2025

      Industry Professionals 07-15-25

      July 15, 2025

      Industry Professionals 07-08-25

      July 8, 2025

      Industry Professionals 07-01-25

      July 1, 2025

      Arizona Projects 07-25-25

      July 25, 2025

      Arizona Projects 07-18-25

      July 18, 2025

      Arizona Projects 07-11-25

      July 11, 2025

      Arizona Projects 06-27-25

      June 27, 2025

      Mohave County May Remove Data Centers as Economic Development Goal

      July 23, 2025

      Alleging Breaches, ZenniHome Closes NGS Operations

      July 21, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      Tax Bill Would Make LIHTC Permanent

      July 2, 2025

      Ariz. Construction Gained 600 Jobs in June

      July 22, 2025

      BEX Updates Construction Sector Projections in Annual Mid-Year Update

      July 18, 2025

      Phoenix Industrial Sees First Vacancy Drop in Years; YoY Completions Drop 75%

      July 18, 2025

      Phoenix Construction Costs See 4.42% Q2 Annual Change

      July 15, 2025

      Developer Proposing 83-Unit Condo Project in Flagstaff

      July 25, 2025

      BNSF Looks to Combine Plan Amendment, Rezoning in 1 County Hearing

      July 25, 2025

      GO Industrial Planning Car Storage Facility in Phoenix

      July 25, 2025

      Arizona Projects 07-25-25

      July 25, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Mid-Year Update
      • 2025 Industrial LMS
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Commercial Real Estate » Commercial Real Estate News 04-05-22
    Commercial Real Estate

    Commercial Real Estate News 04-05-22

    BEX StaffBy BEX StaffApril 5, 2022No Comments4 Mins Read
    Credit: ; Real Estate Daily News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Sales Transactions

    1: Western Wealth Capital has purchased the 880-unit apartment portfolio Tucson V in Tucson from Weidner Apartment Homes for $130M. The portfolio consists of Las Brisas (248 units), Aventura (239 units), Alegria (161 units), The Enclave (120 units) and Vista Montana (112 units). The sale was brokered by Hamid Panahi, Steve Gebing and Cliff David of Institutional Property Advisors, a division of Marcus & Millichap, representing the seller and procuring the buyer.

    2: JLL Capital Markets announced it has closed the $86.5M sale of The Alexander & The Johnathan, a pair of Class A office assets totaling 219.6KSF feet in Chandler. JLL represented the seller, George Oliver, and procured the buyer, Asana Partners.

    3: Sundance Bay has purchased the 304-unit Regency Square apartment development in Yuma from a private partnership for $41.5M. Cliff David and Steve Gebing of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer.

    4: With a down payment of $15M, Project K LLC (KORE Power) has commenced the nearly $29M purchase of the 214-acre site for its 1MSF battery manufacturing plant in Buckeye from previous owner Mangat Group.

    5: The 69.8KSF, 9.26-acre Shops at Dynamite Creek neighborhood retail center in Cave Creek has sold for $21.95M. The buyer was Shops at Dynamite Creek LLC. The seller, David Malin/Scottsdale Development Partners, was represented by John Schweikert and Chad Tiedeman with Phoenix Commercial Advisors.

    6: In two separate transactions, Larsen Baker has acquired a 15KSF retail building at 3232 E. Speedway Blvd. for $4M and the nearby 80KSF Rancho Center Shopping Center for $10.1M. Larsen Baker’s Isaac Figueroa represented the company. The VOLK Company’s Debbie Heslop represented seller SMDSK Encanto LLC.

    7: NewcrestImage has purchased six motel and three extended-stay properties in Arizona from G6 Hospitality (Motel 6 Operations, LP) in an $8M portfolio acquisition. The six Motel 6 properties are: Mesa North (152 rooms), Phoenix West (148 rooms), Phoenix Tempe (131 rooms), Scottsdale South (100 rooms), Mesa South (91 rooms) and Phoenix Airport (61 rooms). The three Studio 6 extended-stay properties are: Tempe (151 rooms), Phoenix Deer Valley (142 rooms) and Tucson East (121 rooms).

    8: Commercial Properties, Inc./CORFAC International announced the s$4.08M sale of a 25KSF industrial manufacturing building on 1.93 acres in the SouthPark Business Center in Chandler. CPI’s Jeff Hays, Sr. represented the owners, Paul & Marilyn Teagle Family Trust, as well as the buyer, 5970 Marion Drive, LLC.

    9: Marcus & Millichap’s Zack House, Mark Ruble and Chris Lind represented the buyer in the $4.07M purchase of a 5KSF Sun Devil Auto location in Gilbert.

    10: McKemy II, a 12-unit apartment community in Tempe, has sold for $3.23M. Marcus & Millichap’s Paul Bay and Darrell Moffitt represented the seller and procured the buyer, both of which are private investors.

    11: ABI Multifamily announced the $3.025M sale of One West Madison, a land deal located at 1 W. Madison St., Phoenix. ABI‘s John Klocek and Patrick Burch represented the seller.

    12: ABI Multifamily announced the $2.05M sale of Coronado Square, a 10-unit apartment community at 1808 N. 31st St., Phoenix. The buyer & seller were represented by ABI’s Carson Griesemer, Dallin Hammond and Mitchell Drake.

    Lease Transactions

    13: Ralph’s Transfer Inc. leased 30KSF of industrial space at 6760 S. Lisa Frank Ave. in Tucson, from Greenbean Investments LLC. Robert C. Glaser and Paul Hooker with Cushman & Wakefield | PICOR represented the landlord. Mark Irvin with Mark Irvin Commercial Real Estate Services, LLC, represented the tenant. 

    14: Arizona Theatre Company leased 22.6KSF of industrial space from 6363 S Country Club, LLC for a production shop, costume storage and administrative offices. Paul Hooker represented the landlord, while Robert C. Glaser represented the tenant. Both are with Cushman & Wakefield |PICOR.

    15: Movement Mortgage has signed a 13.4KSF lease at Chandler Center Commons in Chandler. The tenant was represented by CBRE’s Jamie Swirtz.

    16: Thomas Bean and Matt Harper of NAI Horizon represented the tenant, Tracey S. Thomas, in a 39-month industrial lease for 13.3KSF at 7030 W. Oakland St., Chandler. The landlord, 7030 W. Oakland, LLC, was represented by Kyle Seeger with JLL

    17: Chris Gerow, Shelby Tworek and Gabe Ortega of NAI Horizon represented the landlord, Queen Creek Fiesta, LLC and JW Duke Enterprises, LLC, in a 120-month retail lease for 12.5K SF at 44460 W. Edison Rd., Maricopa. The tenant, Petco Animal Supplies Stores, Inc., was represented by Mark Holinger with Frontera Development, Inc.

    18: Restaurant  Three Thirty Three  has signed a lease for 11.3KSF ground floor restaurant space plus patio and rooftop deck space at mixed-use development Watermark Tempe. Cushman & Wakefield’s Brent Mallonee sourced the tenant.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Commercial Real Estate 07-22-25

    July 22, 2025

    Commercial Real Estate 07-15-25

    July 15, 2025

    Commercial Real Estate 07-08-25

    July 8, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Developer Proposing 83-Unit Condo Project in Flagstaff

    July 25, 2025

    BNSF Looks to Combine Plan Amendment, Rezoning in 1 County Hearing

    July 25, 2025

    GO Industrial Planning Car Storage Facility in Phoenix

    July 25, 2025

    Arizona Projects 07-25-25

    July 25, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    Developer Proposing 83-Unit Condo Project in Flagstaff

    July 25, 20250

    By Roland Murphy for AZBEX Red Oak Development Group is planning to build an 83-unit…

    BNSF Looks to Combine Plan Amendment, Rezoning in 1 County Hearing

    July 25, 2025

    GO Industrial Planning Car Storage Facility in Phoenix

    July 25, 2025

    Arizona Projects 07-25-25

    July 25, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Developer Proposing 83-Unit Condo Project in Flagstaff

    July 25, 2025

    BNSF Looks to Combine Plan Amendment, Rezoning in 1 County Hearing

    July 25, 2025

    GO Industrial Planning Car Storage Facility in Phoenix

    July 25, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.