Daily News for Commercial Real Estate & Business – August 16, 2010

Tempe Flex Building Sells for $1.4M A private seller sold the R&D building at 2175 W 14th St. in Tempe, AZ, to Engineering Wireless Services LLC for $1.43 million, or about $105 per square foot. The buyer intends to occupy the property. View article… Judge OKs Bashas’ reorganization plan, sets stage for repayment Tough decisions […]

Daily News for Commercial Real Estate & Business – August 13, 2010

Home Depot Distribution Facility Sells for $30.5M Cole Real Estate Investments, a Phoenix-based REIT, purchased the industrial facility at 9081 W Washington St. in Tolleson, AZ, from USAA Real Estate Co. for $30.45 million, or about $65 per square foot. View article… Geico to hire 80 in Tucson Geico will hire at least 80 new […]

Daily News for Commercial Real Estate & Business – August 12, 2010

To view this weeks “The Watchlist” by Costar click here. Shops at Norterra in north Phoenix doing well It’s the season for back-to-school shopping and that last piece of apparel might just be available at the Shops at Norterra, the mall’s marketing director says. View article… Gateway Airport board sets stage for global cargo market […]

Daily News for Commercial Real Estate & Business – August 11, 2010

$11M Black Mountain Precinct opens this week A new northeast Phoenix police precinct set to open this month cost $11.6 million to build and equip with law-enforcement equipment, Police Department budget officials said. View article… OK Investor Drops $4M for 63,449-SF Office Asset A Norman, OK-based investor has purchased Anthem Corporate Center for $3.5 million […]

Daily News for Commercial Real Estate & Business – August 10, 2010

WAW Property buys unfinished Anthem center WAW Property LLC of Salt Lake City purchased Anthem Corporate Center in Anthem for $3.5 million. View article… Colony apartments fetch $11.6M The Colony, one of the largest apartment communities in Casa Grande, sold for $11.6 million to Friedman and Freidman Management Co. LLC of Newport Coast, Calif. The […]

Daily News for Commercial Real Estate & Business – August 9, 2010

ML Managers takes over Ten Wine Lofts, Hotel Monroe ML Managers LLC has taken possession of the Hotel Monroe in downtown Phoenix and Ten Wine Lofts in Scottsdale, both busted projects that the now defunct Grace Communities had partially developed. View article… NIAGARA BOTTLING TO OPEN PLANT IN WEST PHOENIX . . . BUYS FACILITY […]