Phoenix
Velocis Sells Scottsdale Office Building for $53M
During its four-year ownership, the seller implemented a capital improvement program to reposition Camelback Square by upgrading the corridors and elevator lobby and adding a new conference center.
Graycor Completes 1st Phase of TEN Distribution Center in Phoenix
The development is Foreign Trade Zone capable, allowing for reductions of up to 72 percent on real estate property and equipment taxes.
Cushman & Wakefield Brokers AZ Industrial Sale
Conor Commercial Real Estate and Globe Corp. sold AZ|60 Industrial for $27 million. The two-building property in Gilbert encompasses 225,600 square feet.
LGE Breaks Ground on Phoenix-Area Warehouse
The design-build company has teamed up with Clarius Partners on the development of The HUB at Goodyear, a 791,000-square-foot spec project spanning 43 acres.
Lincoln Property Co. Tops Out AZ Office Asset
The property is the second of eight planned buildings at The Grand at Papago Park Center in Tempe, which will house 1.8 million square feet of office space.
Phoenix Office Building to Undergo $17M Revamp
New owner George Oliver Cos. will transform CASA, an Uptown property formerly known as Catalina Terraces, into a modern workplace focused on tenant health and wellness.
Farmers Insurance Exchange Signs New Lease in Phoenix
The company will occupy a 17,351-square-foot building, part of the Spectrum Ridge Flex park. Kidder Mathews brokered the transaction on behalf of the owner.
AZ Office Campus Commands $63M
Cushman & Wakefield Executive Directors Tracy Cartledge, Steve Lindley and Bob Buckley worked on behalf of the seller to facilitate the disposition of Rio West Business Park in Tempe.
Park Hotels Sells Phoenix Asset for $51M
The lodging REIT’s disposition of the 563-key Pointe Hilton Squaw Peak Resort is part of its portfolio transformation strategy.
Transwestern Adds Jim Fijan to Phoenix Office
Jim Fijan brings 35 years of experience to the new role and has been named NAIOP Office Broker of the Year 20 times in the course of his career.