The Baby Reesa Benefit Golf Tournament is THIS FRIDAY! For more info, click here…
Here are the news articles you might find interesting today for commercial real estate and business:
SOLD: Freestanding Office Building in Tempe, AZ Exclusively represented the buyer in the acquisition of an owner/user office building in Tempe. View article…
Veterans Benefits Administration plans office at City Square The Phoenix regional office for the U.S. Veterans Benefits Administration will kick off 2013 by expanding its administrative arm into a second location. Starting Jan. 1, the VBA will occupy roughly 25,400 square feet on the 10th and 11th floors at 3838 N. Central Avenue in uptown Phoenix. View article…
Pederson Group Sells 147,000-SF Grayhawk Plaza Following an 11-year ownership stint of Grayhawk Plaza, Phoenix-based Pederson Group sold the 147,084-square-foot, Bashas-anchored retail property to Scottsdale Grayhawk Center LLC of New Mexico. Pederson Group, which developed the asset, collected $36.9 million from the CRE transaction. Located at the southwest corner of Scottsdale Road and Grayhawk Drive in North Scottsdale, Grayhawk Plaza is one of a few retail properties in this submarket. View article…
Graham Real Estate Two LLC from Tacoma, WA acquired a 1,947-square-foot Jiffy Lube at 115 E. Van Buren St. View article…
2 Glendale plazas have boomed since recession Small, affordable spots in Arrowhead were hard to come by when Jill Kismet searched for a space to house her acupuncture business. Then she stumbled onto an office that was just the right size at Il Palazzo. The shopping center, at 59th Avenue and Union Hills Drive, was among the only complexes in the area offering smaller spaces to attract tenants during the tight economy. View article…
Map of Phoenix Area Co-Working Spaces, Incubators and Accelerators The Discovery Triangle and metro Phoenix host a growing number of co-working spaces, technology start-up accelerators and business incubators. We’ve created an interactive map to find these hubs of entrepreneurial energy. The Discovery Triangle Innovation Concentration map will be updated as more supportive places open their doors and help turn big ideas into beneficial reality. View article…
MAG conducting Northwest Valley transit study The Maricopa Association of Governments is conducting a transit study to deal with the Northwest Valley’s rapid growth. The purpose of the Northwest Valley Local Transit System Study is to develop a three-phase plan that identifies short-, mid- and long-range strategies for transit. View article…
Buffalo Wild Wings takes over naming rights for Tempe’s Insight Bowl It’s out with the Insight Bowl and in with the Buffalo Wild Wings Bowl. The Minneapolis-based restaurant and sports bar chain has taken over the naming rights for the college football bowl game played each December at Sun Devil Stadium in Tempe. Terms of the deal were not disclosed. View article…
Five Banks Fall Over Weekend, National Tally at 38 The FDIC’s Deposit Insurance Fund (DIF) is an estimated $151.3 million dollars lower after Friday claimed five more banks nationwide. View article…
C&W Reports Increased Real Estate Activity in 2Q12 According to a recently released report by Cushman & Wakefield, Inc., real estate activity in the second quarter of 2012 is gaining momentum. “Increasingly positive trends are emerging in New Jersey ‘s economy, including growing confidence in employment, and that is impacting real estate activity,” said Gualberto (Gil) Medina, New Jersey executive managing director. View article…
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CURRENT FOR SALE OPPORTUNITIES:
Bella Vista Retail Center (IN ESCROW-ACCEPTING BACK UP OFFERS) Investment, multi-tenant retail center. For a brochure, click here…
Former SunTykes Property in Tempe Arizona – Owner/User Opportunity. For more information, click here…
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…
1 Industrial Condos in Bahia Business Park (UNIT 104-SOLD – 105 Still available) Owner/User opportunity to purchase 1 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.