Daily News for Commercial Real Estate & Business – March 4, 2011

SO. CALIF.-BASED INVESTOR PAYS $17 MILLION FOR TEMPE APARTMENT PROJECT . . . WANTS MORE A company formed by M.F. Daily Corp. in Camarillo, Calif. (Tim Wolfe, principal) paid $17 million to acquire the 216-unit Elliot Point apartments located at 1155 W. Grove Parkway in Tempe. The seller was Hawthorne VI Limited Partnership, a company […]

Daily News for Commercial Real Estate & Business – March 3, 2011

To view this weeks The Watchlist by Costar, click here. Vista Medical Group (VMG) set to open Primary Care Internal Medicine Clinic in Apache ASL Trails Housing Complex (Dave & I negotiated this for the owner) Vista Medial Group (VMG) is proud to announce the opening of their fourth clinic within the compounds of Apache […]

Daily News for Commercial Real Estate & Business – March 2, 2011

Bureau of Land Management to develop three solar energy plants in Arizona A draft plan on the solar potential of federal land identifies three Arizona sites encompassing nearly 14,000 acres as highly suitable for energy development. View article… Ling & Louie’s owner sets goal of national expansion The owner of Ling & Louie’s Asian Bar […]

Daily News for Commercial Real Estate & Business – March 1, 2011

McCarthy Cook JV Nabs $40M Loan from Mesa West A joint venture comprised of McCarthy Cook & Co. and Morgan Stanley Real Estate has obtained $40 million loan from Mesa West to capitalize a class A office portfolio here. The JV acquired the office properties in an all cash deal from Teachers Insurance and Annuity […]

Daily News for Commercial Real Estate & Business – February 28, 2011

To view the February 2011 Multifamily Executive magazine, click here. To view the February 2011 Chain Store Age magazine, click here. Mellow Mushroom expands to Mill Ave An eclectic pizzeria in northwest Phoenix is expanding to a second location in Tempe, with a grand opening planned for March 14. Mellow Mushroom will be located at […]

Daily News for Commercial Real Estate & Business – February 25, 2011

CHICANOS POR LA CAUSA BUYING 400-UNIT APARTMENT COMPLEX IN WEST PHOENIX In a $9.009 million deal ($22,523 per unit) set to close at press time, the non-profit Chicanos Por La Causa organization based in Phoenix was slated to buy the 400 unit San Marina apartments at 7002 W. Indian School Road in Phoenix. The seller […]