Deals - Phoenix
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Phoenix-Area Self-Storage Assets Find Out-of-State Owner
Marcus & Millichap's The Mele Group arranged the sale of a 608-unit self-storage portfolio, offering 86,963 square feet of rentable space. The two facilities offer value-add opportunities.
05 September 2017 15:23 -
Home Depot-Anchored Retail Center Trades in Phoenix
PASSCO Cos. sold the Laveen Village Marketplace to Litwin Management. The 56,747-square-foot asset sits within the Phoenix-Mesa-Scottsdale Metropolitan Statistical Area.
01 September 2017 08:41 -
110 KSF Industrial Asset Trades in Phoenix
SPIRE Real Estate Portfolios, through Nicola Crosby Real Estate, purchased Cabot Business Center in Phoenix. The buyer retained Kidder Mathews as property manager of the industrial/flex asset.
25 August 2017 16:53 -
Parallel Capital Brings New Tenants to Phoenix Office Tower
One of the most notable new tenants at One North Central is Quicken Loans, which will occupy six of the building’s 20 floors. Live Nation, Coleman & Finch and Urban Eye Care ink the other three leases.
26 July 2017 21:21 -
Siegel Suites Grows Phoenix Footprint
The company has purchased a property which was previously targeted by ADOT’s Loop 202 expansion plans. The firm will rebrand the asset and will undertake an extensive renovation program.
21 July 2017 12:00 -
JLL Arranges $39M Sale of Phoenix Industrial Portfolio
Colony Northstar is the new owner of two institutional grade warehouses totaling more than 558,000 square feet. Both buildings offer flexible space that can accommodate single and multi-tenant layouts.
19 July 2017 15:32 -
Phoenix Self Storage Lands New Owner
The 128,240-square-foot facility offers value-add opportunities, adjacent to a thoroughfare that is part of Phoenix’s $84 million Avenida Rio Salado street improvement project.
05 July 2017 17:51 -
JLL Brokers $18M Sale of Phoenix Industrial Asset
Continued confidence in the local industrial market has prompted Colony Northstar’s acquisition of Phoenix Logistics Center from Overton Moore Properties and PCCP LLC.
04 July 2017 17:41 -
Phoenix Offices Trade for $82M
JLL worked on behalf of TR Camelback Corp. to secure the sale of two office buildings in the heart of the Camelback Corridor. Goldman Sachs’s subsidiary Archon Acquisition purchased both properties.
19 June 2017 06:27 -
Phoenix-Area Shopping Center Fetches $23M
Sterling Org. acquired a 107,633-square-foot shopping center anchored by Safeway. The property's high-profile tenants include The UPS Store, Nationwide Vision, GNC and FastFrame.
16 June 2017 17:34 -
Westwood Sells Phoenix-Area Retail Center
Tatum Plaza, a retail center shadow-anchored by Fry’s Food & Drugs, traded for $9.5 million. Westwood acquired the property in 2014 and increased the asset’s net operating income by filling the center with high-profile tenants.
08 June 2017 13:15 -
Docutech Expands to Scottsdale
Docutech selected the north building of the Lincoln Towne Centre for its Scottsdale, Ariz., office. Additionally, the company appointed Amy Brandt as president & COO.
29 May 2017 13:53 -
HFF Closes $26M Sale of Phoenix-Area Property
The company represented the seller, a partnership between AEW Capital Management and The Muller Co., and procured the buyer, Arizona Partners.
24 May 2017 17:34 -
Phoenix-Area Retail Center Lands $31M in Financing
Meridian Capital Group represented the borrower in securing the three-year, floating-rate loan for the acquisition of a mixed-use retail center located in Peoria.
12 May 2017 12:28 -
Chandler Industrial Asset Changes Hands
NGKF's Executive Managing Director Jerry Jacobs and Associate Joe Vale represented the buyer, who paid $2.2 million for the 17,149-square-foot Class A industrial building.
11 May 2017 17:22