Daily News for Commercial Real Estate & Business – March 22, 2011
To view Discover the Discovery Triangle from the AZRE March/April 2011 magazine, click here. GSA leases new office space in Phoenix The U.S. General Service Administration will occupy 29,500 square feet of space at the 2800 Tower, which is located at 2800 N. Central Ave. in mid-town Phoenix. GSA signed the 10-year lease on behalf […]
Daily News for Commercial Real Estate & Business – March 21, 2011
Restaurant Roundup: Spoonz in the wings Word is that the new food concept by restaurateurs Denise and Garry Bismore will soon open inside the 101 North Building in a storefront facing Adams Street next to Downtown Phoenix Partnership. Called Spoonz Cafe, the bistro is expected to incorporate items from both the Silver Spoon cafe and […]
Daily News for Commercial Real Estate & Business – March 18, 2011
ASU HOUSING COMPLEX SOLD TO PIERCE EDUCATION PROPERTIES VENTURE FOR $52 MILLION A venture formed by Pierce Education Properties in San Diego, Calif. (Fredick Pierce, pres.) and Partners Group in Zug, Switzerland (Steffen Meister, CEO) paid $52 million ($212,245 per unit) to acquire the 245-unit Block 1949 student housing community located adjacent to Arizona State […]
Daily News for Commercial Real Estate & Business – March 17, 2011
HAPPY ST. PATTY’s DAY! To view the March 2011 Commercial Property Executive magazine, click here. To view this weeks The Watchlist by Costar, click here. MDC Property Service buys Mesa plaza MDC Property Service Ltd. in Calgary, Alberta, purchased Ridgeview Plaza in Mesa for $14.6 million. The 130,600-square-foot center at 2822 – 2910 N. Power […]
Daily News for Commercial Real Estate & Business – March 16, 2011
Mormons moving forward with Phoenix Temple While construction on the Phoenix Temple is expected to start soon, project opponents are vowing to continue to fight the project. The Church of Jesus Christ of Latter-day Saints is moving ahead with its planned temple, a 30-foot-tall, single-story building with basement, totaling 58,000 square feet, at 5220 W. […]
Daily News for Commercial Real Estate & Business – March 15, 2011
Mach 1 Global opens distribution center Mach 1 Global Services has leased 262,000 square feet in Goodyear for a new distribution facility. Mach 1, a logistics and international transportation company, is headquartered in Tempe. With this new lease, the company is the first tenant in Goodyear Point, a 418,200-square-foot multi-tenant industrial complex built by Lauth […]