Daily News for Commercial Real Estate & Business – March 10, 2011
To view the March 2011 Affordable Housing Financing magazine, click here. To view the March 2011 Multifamily Executive magazine, click here. Pennington Place Acquired for $3.4M Community Bridges, Inc. purchased the 67,208-square-foot office building in Mesa, AZ from The Cardon Group for $3.4 million, or about $51 per square foot. The property was constructed in […]
Daily News for Commercial Real Estate & Business – March 9, 2011
Arizona Center in downtown Phoenix sells for $136.5 million The Arizona Center in downtown Phoenix was sold for $136.5 million to Commonwealth REIT (NYSE:CWH) in Newton, Mass. The deal closed March 4. The sale likely is the largest real estate transaction in the state since the start of the Great Recession in 2008. View article… […]
Daily News for Commercial Real Estate & Business – March 8, 2011
Retail centers sold in Mesa, Phoenix Two investment retail transactions have closed at opposite ends of the Phoenix metro, according to Cassidy Turley/BRE Commercial and Faris Lee Investments. The first one is Ridgeview Plaza at 2824-2910 Power Road in Mesa. View article… Realtors group to open new Peoria location Realtors in the West Valley will […]
Daily News for Commercial Real Estate & Business – March 7, 2011
Southern Gardens Industrial Building Sells for $47/SF Nick Miner, CCIM and Dave Verwer, CCIM represented Compressed Air in the acquisition of 2507 E Chambers Road in Phoenix, Arizona. The buyer, Compressed Air, plans to relocate to the facilities. The building is just under 13,000 Sq. Ft. and sits on a little over 1 acre. View […]
Daily News for Commercial Real Estate & Business – March 4, 2011
SO. CALIF.-BASED INVESTOR PAYS $17 MILLION FOR TEMPE APARTMENT PROJECT . . . WANTS MORE A company formed by M.F. Daily Corp. in Camarillo, Calif. (Tim Wolfe, principal) paid $17 million to acquire the 216-unit Elliot Point apartments located at 1155 W. Grove Parkway in Tempe. The seller was Hawthorne VI Limited Partnership, a company […]
Daily News for Commercial Real Estate & Business – March 3, 2011
To view this weeks The Watchlist by Costar, click here. Vista Medical Group (VMG) set to open Primary Care Internal Medicine Clinic in Apache ASL Trails Housing Complex (Dave & I negotiated this for the owner) Vista Medial Group (VMG) is proud to announce the opening of their fourth clinic within the compounds of Apache […]