Daily News for Commercial Real Estate & Business – February 8, 2011
PICOR BROKERS APPROX. $8.29 MILLION SALE OF APTS. LEASED TO U. OF ARIZONA University Communities LLC has purchased a 76-unit apartment property, located at 1050 E. 8th Street in Tucson, for nearly $8.29 million. View article… New digs for Lux Coffee Lux Coffee Bar is planning to move into a bigger place next door. The […]
Daily News for Commercial Real Estate & Business – February 4, 2011
WEIDNER SPENDS $46 MILLION FOR 768-UNIT APARTMENT COMPLEX IN PHOENIX . . . WANTS MORE A company formed by Weidner Apartment Homes in Kirkland, Wash. (Dean Weidner, principal) paid $46 million ($59,896 per unit) to buy the 768-unit Peaks at Papago Park apartments at 815 N. 52nd Street in Phoenix. The seller was a limited […]
Daily News for Commercial Real Estate & Business – February 7, 2011
Owners of Tempe Irish pub eager to open one in downtown Scottsdale The founders of Robbie Fox’s Public House in Tempe are eager to open a second Irish pub in downtown Scottsdale. Last summer, Moirbia Scottsdale LLC signed a lease to occupy more than half of a vacant building on the western side of Scottsdale […]
Daily News for Commercial Real Estate & Business – February 3, 2011
To view the February 2011 Commercial edition of Scotsman Guide, click here. To view the 2010 Retail Review and Outlook by Costar, click here. I have highlighted the areas discussing Phoenix. To view the Jan/Feb 2011Apartment Finance magazine, click here. To view this weeks The Watchlist by Costar, click here. I am quoted in the […]
Daily News for Commercial Real Estate & Business – February 2, 2011
To view the 2011 Retail Market Outlook and Investment Report by Marcus & Millichap, click here. Phoenix IHOP Sells for $2.5M Sky Canyon LLC, a California investor, purchased the IHOP at 2103 W. Happy Valley Rd. in Phoenix, AZ for $2.52 million, or about $522 per square foot. The 4,821-square-foot restaurant was constructed in 2009 […]
Daily News for Commercial Real Estate & Business – February 1, 2011
To view the 2011 National Apartment Report from Marcus & Millichap, click here. Sunridge Properties Buys Gilbert Development Land Sunridge Properties purchased 2.30 acres between N. Higley Rd. and E. Banner Gateway Dr. in Gilbert, AZ from Finlinson Properties for $1.5 million, or about $653,000 per acre. The site will be the new location of […]