Daily News for Commercial Real Estate & Business – January 13, 2011
Zumar Industries Purchases Glen Harbor Business center For $1,250,000 Zumar Industries purchased 7833 N 106th Ave. in Glendale, AZ, from Joseph Martino for $1.225 million or about $78.54 per square foot on Dec. 22. Zumar Industries had occupied the property for a year prior to the sale. The 15,916-square-foot warehouse was constructed in 2007. It […]
Daily News for Commercial Real Estate & Business – January 12, 2011
To view “Focus of CMBS Modifications Is to Deal With Rather Than Ignore The Problem” by David Barksdale, attorney with Ballard Spahr, click here. To view the January 2011 Commercial Property Executive magazine, click here. Controversial Chandler Phase 54 nightclub closes Phase 54, the controversial nightclub at Interstate 10 and Ray Road that rankled proprietors […]
Daily News for Commercial Real Estate & Business – January 11, 2011
APS Buys 145 Acres for $1.3 Million Arizona Public Service Co. purchased 145.62 acres between US Highway 85 and Old US Highway 80 in Gila Bend, AZ, from Jokake Real Estate Services for $1.31 million, or about $9,000 per acre. The all-cash transaction involved an 18-megawatt solar power plant with construction beginning in early 2011 […]
Daily News for Commercial Real Estate & Business – January 10, 2011
Nicholas Miner Of Commercial Properties Inc. /CORFAC International Named To CCIM Technologies Board Of Directors Phoenix, AZ January 6, 2010) – Commercial Properties, Inc.(CPI)/CORFAC International of Scottsdale, AZ today announced that Nicholas L. Miner, CCIM, Vice President – Investments, has been named to the Certified Commercial Investment Member (CCIM) Technologies Board of Directors. View article… […]
Daily News for Commercial Real Estate & Business – January 7, 2011
Newflower Market Blossoms into 146,623 SF As it opens new stores and demand for its organic products increases, Newflower Market Inc. has expanded its distribution operations at West 10 Business Center. The Boulder, CO-based grocery chain signed a medium-term lease for 146,623-square feet at 4703 West Brill St. in the southwest submarket. The company will […]
Daily News for Commercial Real Estate & Business – January 6, 2011
To view this weeks “The Watchlist” by Costar, click here. Stadium Corp Center Sells for $1.45M Christopher & Judy Barnes purchased 3802 N. 53rd Ave. in Phoenix, AZ from Real Estate Investment Partners for $1.45 million, or about $38 per square foot. The 38,047-square-foot Stadium Corp Center was constructed in 1982 and is located in […]