Daily News for Commercial Real Estate & Business – February 16, 2011
Commercial real estate drought appears over Whatever the drought commercial real estate brokers faced in 2008 and 2009, it couldn’t be all that bad by now. According to figures released by LoopNet Inc., there were about $2.3 billion in commercial deals in Phoenix in 2010. According to Loopnet, “For the 12 months ended December 2010, […]
Daily News for Commercial Real Estate & Business – February 15, 2011
To view the 2011 National Retail Report by Marcus & Millichap, click here. Desert Mountain Golf Club bought by members for $73.5 mil Members of the exclusive Desert Mountain Golf Club in north Scottsdale have completed a deal with owner Crescent Real Estate Holdings to purchase the club’s six golf courses, all related facilities and […]
Daily News for Commercial Real Estate & Business – February 14, 2011
Macerich aims to develop regional mall, outlet center in Phoenix The U.S. hasn’t seen a new regional mall break ground in years, with the global financial crisis freezing access to development dollars and consumers snapping their wallets shut. But now Santa Monica, Calif.based REIT Macerich is convinced the time is right for it to set […]
Daily News for Commercial Real Estate & Business – February 11, 2011
To view the February 2011 edition of Commercial Property Executive, click here. P.F. Chang’s building in Mesa sold Marcus & Millichap has sold a 6,483-square-foot single-tenant building at Superstition Springs Boulevard and U.S. 60. The building, known as P.F. Chang’s Ground Lease, commanded a price of $2,050,000…View article… Alliance Commercial Pays $30M for Industrial Park […]
Daily News for Commercial Real Estate & Business – February 10, 2011
To view this weeks The Watchlist by Costar, click here. Duke Realty Unloads More Than $32M in Commercial Land in 2010 Duke Realty, one of the largest commercial real estate companies in the United States, has sold over 127 acres nationwide in 2010 alone. Noteworthy sales include: 5.96 acres of medical office land in Anson, […]
Daily News for Commercial Real Estate & Business – February 9, 2011
10 Chandler Industrial Portfolio Sells for $30.4M Galveston 10 LLC, a venture formed by Lincoln Property Co. and RReef America LLC, sold the 553,317-square-foot 10 Chandler industrial park at the southwest corner of 54th and Galveston Streets in Chandler, AZ. The buyer, North 54th Street Venture LLC, a company formed by Alliance Commercial Partners LLC, […]