Daily News for Commercial Real Estate & Business – November 4, 2010
To view this weeks “The Watchlist” by Costar, click here. Centerpoint Towers Sale Looking Shaky; Delay of Deal Persists as Sub-Contractors Press for Debt Payment Another week — another failure to close the sale of the high-rise Centerpoint Towers in Tempe. The deal, which was announced to great fanfare and media attention in early September, […]
Daily News for Commercial Real Estate & Business – November 3, 2010
WHITESTONE REIT ACQUIRES SUNNYSLOPE VILLAGE FOR $6.4 MILLION Whitestone REIT has purchased the 111,227-square-foot Sunnyslope Village, located in central Phoenix, for $6.4 million. The Class B community retail center is the second acquisition the Houston-based company has made using the proceeds of its August IPO. View article… Ahwatukee Office Plaza Sold for $52/SF Cedar Hearts […]
Daily News for Commercial Real Estate & Business – November 2, 2010
HTA Agrees to Buy Nine MOBs for $197M Healthcare Trust of America Inc. has inked an agreement to acquire a portfolio of nine medical office buildings for $196.6 million. The class A buildings, located in Florida, Massachusetts and New York, total 960,000 square feet. View article… $15M Marriott sets date for Gilbert Construction will begin […]
Daily News for Commercial Real Estate & Business – November 1, 2010
NEW VALLEY GROCER WINCO FOODS MOVING FAST . . . SNAPS UP THREE PROPERTIES FOR STORES WinCo Foods, a Boise, Idaho-based grocery chain, is on a fast track to gain entry into the Phoenix market. The employee-owned company has purchased former Costco locations in Mesa and Glendale and a former Wal-Mart in Phoenix. In three […]
Daily News for Commercial Real Estate & Business – October 29, 2010
Arizona‘s largest rooftop solar project opens in Phoenix The biggest rooftop solar-power array in Arizona and one of the biggest in the nation is pumping out 2.4 megawatts of power atop a south Phoenix warehouse. Few systems nationwide even approach the scale of the new supersize array, but officials said similar projects on industrial buildings […]
Daily News for Commercial Real Estate & Business – October 28, 2010
To view this weeks “The Watchlist” by Costar, click here. Phoenix‘s Top Retail Sales for Third-Quarter 2010 The following is an account of the Phoenix market’s top five retail sale transactions for third quarter 2010. View article… Spectrum Plans $21M Senior Housing Project Spectrum Retirement Communities LLC will break ground next month on its second […]