State: Arizona - AZ
Parkway, Investcorp Venture Agrees to Sell Phoenix Offices for $105.7Mln
The venture has agreed to sell Viad Corporate Center, a 482,000-square-foot office building at 1850 North Central Ave. The buyer is not known, but it is believed to be an institutional investor. Cushman & Wakefield's Phoenix office is brokering the ...
G.W. Williams Co. Pays $31.3Mln for Arizona Business Park
G.W. Williams Co. paid $31.3 million for the Airport Business Center, a 268,520-square-foot office complex in Tempe, Ariz.The San Mateo, Calif., firm purchased the 19-building property from a private investment group operating as Airport Business Center LLC Phoenix. The purchase ...
Bascom Venture Pays $16Mln for Arizona Apartments
Bascom Arizona Ventures has paid $16 million for Tierra Bonita Apartments, a 410-unit complex in Tucson, Ariz.The investment vehicle, which is a joint venture between The Bascom Group of Irvine, Calif., and Multifamily Advisors LLC of Scottsdale, Ariz., purchased the ...
Tempe, Ariz. Office Building Sells for $11.6Mln
Arizona Central Western American Equities has paid $11.6 million for Southwest Corporate Center, a 74,260-square-foot office building in Tempe, Ariz. The Kirkland, Wash., investment group purchased the property from International Capital Partners. Trammell Crow Co. represented the seller.
Mixed-use Project Planned in Suburban Phoenix
The Business Journal of Phoenix Desert Viking, an Arizona firm led by developers Mike Hogarty and Niels Kreipke, are developing a mixed-use project in the Phoenix suburb of Chandler. The project, San Marcos Commons, will have 200,000 square feet of ...
Arizona Apartment Complex Sells for $17Mln, to Go Condo
A private investment group has paid $17 million for Emerald Springs, a 194-unit apartment complex in Mesa, Ariz.The buyer, which operates under the name Unit 194 LLC, purchased the property from Farnum Properties LLC of California. The property will be ...
Wells REIT II Purchases Arizona Office Complex
Wells Real Estate Investment Trust II Inc. has purchased SanTan Corporate Center, a 268,000-square-foot, class-A office complex in Chandler, Ariz.The Norcross, Ga., company acquired the two-building property from RREEF, which co-developed it. A purchase price was not disclosed, but real ...
GLL to Pay $255Mln for 2 KanAm Properties
GLL Real Estate Partners has agreed to pay a total of $255 million for Chicago's 444 N. Michigan and 24th at Camelback in Phoenix. The two properties, which have a combined 850,209 square feet, were placed on the sales block ...
Crown Realty Pays $23Mln for Dial Corp.’s Arizona HQ
A Commercial Real Estate Direct Staff Report Crown Realty & Development Corp. has paid $23 million for 15501 N. Dial Blvd., a 129,689-square-foot office property in Scottsdale, Ariz.The Irvine, Calif., real estate firm purchased the property from an affiliate of ...
Native American Tribe, Developer to Construct Mixed-Use Project on Ariz. Reservation
Arizona Republic Members of the Gila River Native American tribe plan to partner with a Phoenix developer to construct an 11,000-acre mixed-use project on a reservation southwest of Chandler, Ariz. The development will include industrial, office and retail space, as ...
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