Daily News for Commercial Real Estate & Business – October 4, 2010
West Valley business park purchased A Phoenix company named 99th Ave./Van Buren Partners LLC has purchased a business park in the West Valley for $1.7 million. The 99th Avenue Business Park at 9950 W. Van Buren St. in Avondale was built in 2007. At the time of sale, the two-building, 79,150-square-foot business park was 5 […]
Daily News for Commercial Real Estate & Business – October 1, 2010
To read the 3rd Quarter 2010 Real Estate Investment Outlook, click here. L.A. INVESTOR BOLSTERS VALLEY APARTMENT PORTFOLIO . . . PAYS $27 MILLION FOR 672 UNITS Phoenix – A company formed by Summit Equity Investments in Los Angeles, Calif. (Michael Thom, Ryan Lynch, Joseph Rosen, partners) paid $27 million ($40,178 per unit) to buy […]
Daily News for Commercial Real Estate & Business – September 30, 2010
To view this weeks “The Watchlist” by Costar, click here. I am quoted on page 10! Summit Equity pays $27M for 672-unit Autumn Ridge Summit Equity Investments Inc., a Los Angeles real estate firm, paid $27 million for the 672-unit Autumn Ridge apartment complex at 1944 Thunderbird Road in Phoenix. View article… Johnson Bank closing […]
Daily News for Commercial Real Estate & Business – September 29, 2010
Bell Cove apartments sold for $9.2M Onni Capital LLC in Vancouver purchased the 256-unit Bell Cove apartment complex in north Phoenix for $9.2 million. The property, located at 17239 N. 19th Ave., was built in 1984. View article… Waterous consolidates, expands Arizona operations into Glendale facility The Waterous Co. is consolidating its Arizona operations into […]
Daily News for Commercial Real Estate & Business – September 28, 2010
Scottsdale group aims to transform vacant spaces into art venues The group that oversees Scottsdale’s public-art program is transforming the city’s vacant retail spaces into a window of opportunity for landlords and artists. View article… Paradise Valley No. 78 on top ZIP Code list It’s a long way from No. 1 Duarte, Calif., but Paradise […]
Daily News for Commercial Real Estate & Business – September 27, 2010
Aspen Valley Bread Co. Bakery buys Mesa building for $3M Mesa-based Aspen Valley Bread Co. Bakery has purchased a 61,200-square-foot industrial building at 300 W. Southern Ave. in Mesa for $3 million. View article… LASALLE INVESTMENT MANAGEMENT DROPS $42.525 MILLION FOR 342 APARTMENTS IN PHOENIX Phoenix – I&G Desert Ridge LLC, a company formed by […]