Daily News for Commercial Real Estate & Business – February 24, 2011
To view this weeks The Watchlist by Costar, click here. $8 Million Retail Sale Debbie W. Heslop, CCIM, of Volk Co. in Tucson, Ariz., represented Crestline Investments LLC in the more than $8 million sale of 103,492-sf Northgate Plaza shopping center in Tucson to TNP SRT Northgate Plaza Tucson LLC. View article… World Wide Technology […]
Daily News for Commercial Real Estate & Business – February 23, 2011
Trustee sale date set for San Marcos resort Chandler’s historic Crowne Plaza San Marcos Golf Resort is headed for foreclosure March 31, but the real-estate agent hired to market the property said it could sell before then. Operation of the 98-year-old icon was taken over by a court-appointed receiver in October after San Marcos Capital […]
Daily News for Commercial Real Estate & Business – February 22, 2011
American Apparel Tempe store closes Shoppers looking for the hip brand American Apparel will have to go to Scottsdale now. The Tempe location of American Apparel, 26 S. Mill Ave., closed on Sunday. The Scottsdale location, 4501 N. Scottsdale Road, remains open. View article… Sherman & Howard moves to Collier Center Sherman & Howard LLC […]
Daily News for Commercial Real Estate & Business – February 21, 2011
Tempe’s Centerpoint development sold to Zaremba Group The Centerpoint development in Tempe has been sold to Zaremba Group, which plans to turn the two towers into a new 375-apartment complex called West Sixth, according to a news release. View article… Intel to invest $5 billion in new factory for Chandler Intel picked Chandler for a […]
Daily News for Commercial Real Estate & Business – February 18, 2011
To view the February 2011 Monthly Delinquency Report by Realpoint, click here. I have highlighted a few interesting stats for you. L.A. BILLIONAIRE AND NEW YORK CITY INVESTOR BUY HOTEL THEODORE FOR $16.25 MILLION A company formed by Los Angeles, Calif.-based investor Ronald Burkle and a New York City, N.Y.-based investment company paid $16.25 million […]
Daily News for Commercial Real Estate & Business – February 17, 2011
To view this weeks The Watchlist by Costar, click here. To view the 2011 Report Housing For All Americans by Affordable Housing Finance, click here. Wal-Mart Shadow-Anchored Asset Sells for $276 Per SF A 28,780-square-foot, shadow-anchored retail center here has sold for $276 per square foot – one of the highest prices in the state. […]