The Baby Reesa Benefit Golf Tournament is July 27 For more info, click here…
Here are the news articles you might find interesting today for commercial real estate and business:
To view the 3Q12 Marcus & Millichap Apartment report for Phoenix, click here…
To view the 2Q12 Net Leased Market Report by Boulder Group, click here…
To see the 3Q12 Economic Reporter from Mesa, AZ, click here…
Here is a list of the Top 25 Owners of Retail Real Estate, click here…
To view this weeks Costar Watchlist, click here…
Phoenix sells Arizona farmland An entity controlled by International Farming Corporation LLC, an investment firm that acquires and manages agricultural land throughout the world, has bought a 12,900-acre city-owned property in rural La Paz County from Phoenix for $30 million. View article…
3rd Blue 32 Sports Grill to locate in NE Phoenix The owners of Blue 32 Sports Grill are opening their third Valley location in northeast Phoenix, betting on a shopping center that has seen three other restaurants close during the economic downturn. The eatery is opening this fall at Scottsdale 101, near Scottsdale Road and Mayo Boulevard and will occupy the space left vacant by Buffalo Wild Wings in December, just west of Harkins Theatres Scottsdale 101. View article…
Groundbreaking for new Chicago Cubs stadium in Mesa The Chicago Cubs will soon have a new winter home in the East Valley. The city broke ground Wednesday morning on a $99 million stadium which is expected to be completed in 2014. It’s located on Dobson Road just south of the Loop 202, near the Loop 101 interchange. View article…
Deal to house West Valley Boxing Club in Buckeye falls through The leader of an outreach youth boxing club in Buckeye wants town officials to answer for a failed deal that, he says, left the club with no space to help troubled teens. The agreement between Buckeye and Maricopa County officials would have allowed West Valley Boxing Club to lease a long-vacant building next to the Buckeye Sports Complex at Irwin Avenue and Miller Road. Negotiations on an intergovernmental pact between Buckeye and county officials fell apart in January when Buckeye attorneys raised legal concerns. View article…
Developer, Banner to bring clinic to Goodyear Estrella community The master-planned community of Estrella in Goodyear is expected to have its first medical clinic by summer 2013 following a partnership with an office developer and Banner Health. Mountain Ranch Medical Commons will be 18,000 square feet of medical offices anchored by a Banner Health Center. View article…
Phoenix to invest $50 million in local banks Phoenix is taking the concept of “buy local” to the next level, launching a bank-local program to invest millions of dollars in public money with Valley banks and credit unions. The city will invest up to $50 million with local financial institutions in the coming months through a variety of federally insured deposits, city officials said. Banks must either be Arizona-chartered or have a physical presence in Maricopa County. View article…
Arizona manufacturing job market remains in doldrums Arizona is still a long way from recovering the manufacturing jobs it lost in the Great Recession. So is the rest of the country. In Arizona, manufacturing jobs were still down 17 percent in May from five years earlier. There were 150,500 Arizona manufacturing jobs in May compared with 182,300 in the same month in 2007. View article…
Check out the Market Reports section of my webpage! The market reports that I review on a regular basis will be archived here. I would like to know your feedback after looking at the page. Send feedback by click here…
CURRENT FOR SALE OPPORTUNITIES:
Bella Vista Retail Center (IN ESCROW-ACCEPTING BACK UP OFFERS) Investment, multi-tenant retail center. For a brochure, click here…
NEW: Former SunTykes Property in Tempe Arizona – Owner/User Opportunity. For more information, click here…
NEW: Freestanding Auto in Mesa, Arizona – Owner/User Opportunity. For more information, click here…
+/- 43,000 SF Leased Industrial Building in Southern Gardens – Single Tenant Investment opportunity. For more information, click here…
2 Industrial Condos in Bahia Business Park (UNIT 104-SOLD – 105 Still available) Owner/User opportunity to purchase 1 or both industrial condos. For more information, click here…
Former TDC Corp HQ – 6515 S Rural Road, Tempe, AZ (IN ESCROW-ACCEPTING BACK UP OFFERS) – Former Corporate HQ for TDC in Tempe, AZ For Sale. For more information, click here…
7320 N Dreamy Draw – Freestanding Office Building in Squaw Peak Corridor-great owner/user opportunity. For a brochure, click here…
6677 W Thunderbird – BANK OWNED – Grey shell office condo in Glendale. For a brochure, click here…
Kokopelli Springs in St. David, AZ – Investment, 56 unit mobile home park. For a brochure, click here…
2 Acres of Land – Owner/User opportunity to purchase 2 acres of land off of I-10 & 40th Street. For a brochure, click here…
3.64 Acres of Land – BANK OWNED – Infill Development opportunity in Surprise. For a brochure, click here…
Feel free to contact me regarding any of these stories, the current market, distressed commercial real estate opportunities or your property.