What's Hot

    Multifamily Mixed-Use with Daycare Planned in STV

    June 6, 2025

    Mesa P&Z Approves Updated EastMarket Plans

    June 6, 2025

    124-Room Extended Stay Hotel Planned in Casa Grande

    June 6, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [June 6, 2025] - Multifamily Mixed-Use with Daycare Planned in STV
    • [June 6, 2025] - Mesa P&Z Approves Updated EastMarket Plans
    • [June 6, 2025] - 124-Room Extended Stay Hotel Planned in Casa Grande
    • [June 6, 2025] - Pima BoS Approves $250M Affordable Housing Plan
    • [June 6, 2025] - Arizona Projects 06-06-25
    • [June 4, 2025] - Diversified Partners’ Phoenix Development Features 75KSF Family Entertainment  Center
    • [June 4, 2025] - $51M Land Buy May Result in New West Valley Data Center
    • [June 4, 2025] - OrthoArizona Announces New Facilities and Major Expansions
    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

      Multifamily Mixed-Use with Daycare Planned in STV

      June 6, 2025

      Mesa P&Z Approves Updated EastMarket Plans

      June 6, 2025

      124-Room Extended Stay Hotel Planned in Casa Grande

      June 6, 2025

      Diversified Partners’ Phoenix Development Features 75KSF Family Entertainment  Center

      June 4, 2025

      Pima BoS Approves $250M Affordable Housing Plan

      June 6, 2025

      Gilbert Council Approves Dev. Services Fee Hike

      June 3, 2025

      Scottsdale Establishes Transportation & Infrastructure Department

      May 30, 2025

      EdgeCore 44-Acre Mesa Land Buy Sets Up Massive Expansion

      May 23, 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

      Pima BoS Approves $250M Affordable Housing Plan

      June 6, 2025

      Peoria Council Approves $1.9B 10-Year CIP

      May 27, 2025

      Scottsdale Water Needs $50M for ‘Toilet to Taps’

      May 9, 2025

      Phoenix Releases $11.5B, 5-Year CIP with Nearly 1,000 Projects

      April 1, 2025

      Commercial Real Estate 06-03-25

      June 3, 2025

      Commercial Real Estate 05-27-25

      May 27, 2025

      Commercial Real Estate 05-20-25

      May 21, 2025

      Commercial Real Estate 05-13-25

      May 13, 2025

      Industry Professionals 06-03-25

      June 3, 2025

      Industry Professionals 05-27-25

      May 27, 2025

      Industry Professionals 05-20-25

      May 21, 2025

      Industry Professionals 05-13-25

      May 13, 2025

      Arizona Projects 06-06-25

      June 6, 2025

      Arizona Projects 05-30-25

      May 30, 2025

      Arizona Projects 05-23-25

      May 23, 2025

      Arizona Projects 05-16-25

      May 16, 2025

      Phoenix Considering Data Center Development Restrictions

      May 21, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Executive Order Will Streamline Federal Acquisition Regulations System

      April 26, 2025

      Legislation to Save Axon Plan Continues to Advance

      April 16, 2025

      Ariz. Construction Added 2,400 Jobs in April

      May 21, 2025

      Backlogs, Confidence Increase in April

      May 16, 2025

      Multifamily Developer Confidence Down in Q1

      May 13, 2025

      U.S. Construction Added 11,000 Jobs in April

      May 6, 2025

      Multifamily Mixed-Use with Daycare Planned in STV

      June 6, 2025

      Mesa P&Z Approves Updated EastMarket Plans

      June 6, 2025

      124-Room Extended Stay Hotel Planned in Casa Grande

      June 6, 2025

      Pima BoS Approves $250M Affordable Housing Plan

      June 6, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Mid-Year Update
    • 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 10-18-22
    Commercial Real Estate

    Commercial Real Estate News 10-18-22

    BEX StaffBy BEX StaffOctober 19, 2022No Comments3 Mins Read
    13. Northrop Grumman. Credit: Northrup Grumman/Phoenix Business Journal
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Sales Transactions

    1. Baron Properties has bought the 222-unit Dana Park apartment community in Mesa for $64.6M. Seller OpenPath Investments was represented by Cliff David and Steve Gebing of Institutional Property Advisors, a division of Marcus & Millichap, who also procured the buyer.

    2. Cushman & Wakefield announced the firm has brokered the $40.3M sale of the newly constructed Laveen Park Place, a 109.2KSF retail shopping center in the Laveen area of Phoenix. The buyer was Tradewinds Capital LP. Seller LB 59th LLC – an entity of Kitchell Corp. – was represented by Michael Hackett and Ryan Schubert with Cushman & Wakefield in Phoenix.

    3. Odyssey Properties Group has purchased the 155-unit Nola on 50th apartment community in the Arcadia area of Phoenix for $37.25M. Previous ownership had upgraded the interiors on 52% of the units. Odyssey will upgrade the remaining units and rebrand the property as Parq on 50th.

    4. Carlyle has bought the 72-unit single-family rental community Cyrene at South Mountain for $35.44M. Seller Curve Development was represented by Northmarq’s Phoenix Investment Sales team of Trevor Koskovich, Jesse Hudson, Bill Hahn and Ryan Boyle.

    5. Realty Income Properties 27, LLC – an affiliate of Realty Income Corporation REIT – has bought the 74.8KSF Pima Medical Institute Building on North Craycroft Road in Tucson for $22.98M under a sale-leaseback arrangement.

    6. Cushman & Wakefield announced the firm has brokered the $18.9M sale of a portion of Greenfield Gateway, a 349KSF retail shopping center in Mesa. The sale consisted of 67.7KSF, including an EoS Fitness-anchored building and two multi-tenant strip-retail buildings. The buyer was Greenfield Gateway, LLC. Michael Hackett, Ryan Schubert and Chris Hollenbeck with Cushman & Wakefield in Phoenix represented seller HH Greenfield Gateway, an entity formed by the Hinkson Company.

    7. Cushman & Wakefield announced the firm has brokered the sale of the 659KSF Tempe Commerce Center office property on South Kyrene Road. JLNI, LLC bought the property for $14.15M. Seller BH Properties was represented by Eric Wichterman, Mike Coover, Tracy Cartledge and Bob Buckley with Cushman & Wakefield’s Private Capital and Capital Markets teams in Phoenix.

    8. MCA Realty has purchased the 35KSF Hillside Sedona Shopping Center in Sedona for $12.45M in an off-market transaction. The buyer was represented by Tracy Cartledge, Bob Buckley, Shane Carter, and Chris Hollenbeck of Cushman and Wakefield.

    9. Thompson Golf Group has paid Daedalus Real Estate Advisors $8.95M for the 18-hole, 161.5-acre Longbow Golf Course in Mesa.

    10. The Ajo / Evans Business Center in Tucson sold recently for $5M to FJM Investments, represented by Robert Buckley with Cushman & Wakefield. The seller was 15100 Family, Limited Partnership, represented by Brad Dessy of Hanley Investment Group.

    11. NAI Horizon’s Matt Harper negotiated the sale of a 7.7KSF retail building representing the seller, GGR Holdings, Inc., for $2.26M. The property is located at 4024 E. Guadalupe Road, Gilbert. The buyer, Michael P. Glick, was represented by Carrick Sears with SVN.

    Lease Transactions

    12. RED Development announced it has leased all 180KSF at its office development The Grove in the Arcadia area of Phoenix. Tenants include JLL, Sendoso, Clayco, Clear Sky Capital and Common Bond Development Group, among others.

    13. Northrop Grumman will lease 50KSF of office space at 1700 S. Price Road in Chandler’s Price Road Corridor in an expansion of its office presence. The firm signed a sublease agreement for a 97-month term in August. The space was marketed by Mark Seale of Avison Young.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Commercial Real Estate 06-03-25

    June 3, 2025

    Commercial Real Estate 05-27-25

    May 27, 2025

    Commercial Real Estate 05-20-25

    May 21, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Multifamily Mixed-Use with Daycare Planned in STV

    June 6, 2025

    Mesa P&Z Approves Updated EastMarket Plans

    June 6, 2025

    124-Room Extended Stay Hotel Planned in Casa Grande

    June 6, 2025

    Pima BoS Approves $250M Affordable Housing Plan

    June 6, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    Multifamily Mixed-Use with Daycare Planned in STV

    June 6, 20250

    By Roland Murphy for AZBEX The Wolff Company is proposing a mixed-use multifamily and commercial…

    Mesa P&Z Approves Updated EastMarket Plans

    June 6, 2025

    124-Room Extended Stay Hotel Planned in Casa Grande

    June 6, 2025

    Pima BoS Approves $250M Affordable Housing Plan

    June 6, 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

    Multifamily Mixed-Use with Daycare Planned in STV

    June 6, 2025

    Mesa P&Z Approves Updated EastMarket Plans

    June 6, 2025

    124-Room Extended Stay Hotel Planned in Casa Grande

    June 6, 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.