Phoenix
Arizona Office Buildings Change Hands in $69M Deal
Transwestern Investment Group sold the 226,358-square-foot Lincoln Towne Centre in Scottsdale on behalf of its TSP Value and Income Fund I LP.
JLL Phoenix Office Lands New Leadership
Pat Williams, the newly appointed senior managing director & office leader, has been with the team for almost two decades. He was one of the founding members of Staubach Co.
Caliber to Develop Tucson Convention Center Hotel
The company partnered with Rio Nuevo, a municipal stadium and special taxing district, for the currently unbranded hotel. Construction is expected to begin later this year.
NKF Appoints Market Leader in Phoenix
Mike Garlick is now in charge of the Phoenix office’s overall strategy. He holds over two decades of experience in commercial real estate and has a good connection with the Phoenix brokerage community.
STORE Capital Buys AZ, CA Assets for $21M
The two properties sold by Erickson Construction feature railroad spurs and are located near major thoroughfares. The transaction involved a lease contract for STORE Capital.
Phoenix-Area Office Building Welcomes 30 KSF Tenant
GrubHub will open its fourth location, in Chander. San Tan Tech Center was constructed in 1981 and underwent renovations less than a decade ago.
Transwestern Hires Phoenix SVPs
Mark Stratz and Scott Baumgarten worked together at Cushman & Wakefield and have a combined track record of almost three decades.
Blue Vista JV Snags Phoenix Office Campus
The joint venture between Everest Holdings and Blue Vista Capital Management acquired the two-building asset completed in 2001 for $23.6 million.
Trammell to Develop 329 KSF Facility in Phoenix
The joint venture will donate 1.5 acres of land to Veterans of Foreign Wars, a nonprofit organization, which will build a new headquarters along Van Buren Street.
NAIOP Arizona Appoints Chairman of the Board
In his new role, Andrew Cheney will contribute to the organization’s 2018 mission to provide educational opportunities, oversee public legislature initiatives and promote networking events. He will also support NAIOP’s Developing Leaders program, which he helped found.