Daily News for Commercial Real Estate & Business – April 8, 2011
To view this weeks The Watchlist by Costar, click here. Developer buys 51 acres in Deer Valley A company that will build commercial build-to-suits and speculative construction has purchased nearly 51 acres in the Deer Valley submarket. TOF DV Bixby Services LLC paid $8.5 million for the land located at the southeast corner of Seventh […]
Daily News for Commercial Real Estate & Business – April 4, 2011
Oakwood Corporate Housing Upgrades with 24,765-SF Relo Oakwood Corporate Housing has picked Corporate Center for its new regional headquarters. The Los Angeles-based firm signed a five-year lease for 24,765 square feet of class B office space at 9630 N. 25th Ave., one of the eight office buildings that comprise Corporate Center. It is in the […]
Daily News for Commercial Real Estate & Business – April 1, 2011
To view the 1st Quarter Sales Comps for the Apartment Market in Phoenix (thanks Jim Crews at CW), click here. Nationwide Health buys Arbor Rose Nationwide Health Properties Inc., a real estate investment trust in Newport Beach, Calif., purchased the Arbor Rose Assisted Living center in Mesa for $12 million. The center is located at […]
Daily News for Commercial Real Estate & Business – March 31, 2011
To view this weeks The Watchlist by Costar, click here. Melcor Makes Second Fractured Condo Buy in AZ Melcor Developments Ltd. has made its second fractured condo buy in Arizona, paying $8.4 million for 82 units that are part of the 447-unit Edge at Grayhawk. The buyer, a publicly-traded Canadian property company based in Edmonton, […]
Daily News for Commercial Real Estate & Business – March 30, 2011
Great Hearts charter school buys former Motorola site Motorola Inc.’s former regional headquarters in the Arcadia neighborhood soon will become a charter school. The nonprofit Great Hearts Academy paid nearly $6 million for the 142,000-square-foot building and surrounding land at 3102 N. 56th St. View article… Talking Stick looks beyond Salt River Fields Members of […]
Daily News for Commercial Real Estate & Business – March 29, 2011
Talavi Tech Center Sold for $17/SF West Coast Capital Partners, located in Torrance, CA, purchased Talavi Tech Center in Glendale, AZ for $3 million, or approximately $17 per square foot. The property was 100% vacant at the time of sale, after most recently being occupied by Honeywell. West Coast Capital reportedly plans to convert the […]