Regions Southwest | Phoenix
Alter Sells 2 Phoenix Industrial Properties for $41M
May 09, 2008
The Alter Group has sold two distribution buildings totaling 684,000 square feet at its 162-acre Buckeye Logistics Center in Phoenix.
35 Condos at Phoenix-Area Trammell Crow Project to Hit the Auction Block
May 08, 2008
It was only in 2006 that Trammell Crow Residential opened the sales center for the 171 luxury condominiums at The Quarter in Glendale's $1.5 billion mixed-use Westgate City Center, but just two years later, the company has decided to go with the flow of the housing downturn and auction off the remaining 35 units.
In Warm Phoenix, Open-Air Shopping Centers Struggle to Beat Summer Heat
May 07, 2008 - Source: Arizona Republic
Four regional outdoor lifestyle centers are about to face the challenge: Can they keep shoppers cool?
In Warm Phoenix, Open-Air Shopping Centers Struggle to Beat Summer Heat
May 07, 2008 - Source: Arizona Republic
Four regional outdoor lifestyle centers are about to face the challenge: Can they keep shoppers cool?
$40M Golf Clubhouse in the Works
May 06, 2008
Work has commenced on the development of the 82,000-square-foot Quintero Golf & Country Club Clubhouse at the 800-acre Quintero Golf & Country Club enclave located 45 minutes from downtown Phoenix in Peoria.
REIT Closes on 4 West Coast Office Buildings Totaling 275,000SF
May 05, 2008
Two weeks after announcing its plan to acquire seven office buildings in Southern California and Arizona, Pacific Office Properties Trust has closed on the purchase of four properties in San Diego and Phoenix. The REIT bought the assets, which total 275,000 square feet, from The Shidler Group.
Ryan Cos. to Break Ground On  Phoenix Project
May 02, 2008
Grubb & Ellis|BRE Commercial L.L.C. has announced its client, Ryan Cos., has closed on the sale of 4.8-acres of land at 3900 E. Camelback Road and is ready to break ground on 3900 Camelback Center, a 177,500-square-foot Class A office development.
Silver State Bancorp Takes Loss
May 01, 2008
Silver State Bancorp. has been hit by the bad real estate markets in Nevada and Arizona, according to a report in The Business Journal of Phoenix.
Ritz Carlton After Town Approval, $1.5B Ritz Carlton Community to Get Summer Start
April 15, 2008
After a unanimous vote on April 10 by the Paradise Valley Town Council, the $1.5 billion Ritz-Carlton Paradise Valley has been approved, and will be the first resort master-planned community under The Ritz-Carlton brand.
Phoenix Apartment Sterling American Buys $85M Phoenix Apartment Complex
April 07, 2008
SCI Real Estate Investments has sold Deer Valley Village, a 832-unit, gated, garden-style apartment complex in Phoenix, to Sterling American Property Inc. for $85.2 million. 
Squire Sanders to Join CityScape
March 14, 2008
Squire, Sanders & Dempsey L.L.P. has announced that it will move its Phoenix office to CityScape in early 2010.
Somera Capital, 3 Street Financial JV Takes Quail Point in Phoenix
March 11, 2008
Somera Capital Management has acquired Quail Point Apartments, a 264-unit garden-style apartment community located in Phoenix, from Newcastle Investments.
Montecito Medical Takes Office Portfolio
March 05, 2008
Montecito Medical Investment Co. has announced today that it has acquired three medical office buildings located on the John C. Lincoln North Mountain Hospital Campus in Phoenix. It purchased the portfolio, which is 100 percent leased, in a joint venture with Harrison Street Real Estate Capital.
New Partnership Kicks Off with 1.8MSF Mixed-Use Project in Scottsdale
March 05, 2008
Macerich Partnership L.P. and DMB Associates Inc. have just formed a regional alliance for the development of commercial real estate projects and are initiating the partnership with One Scottsdale, an upscale retail and lifestyle project in Scottsdale, Ariz. that DMB originally commenced as a solo endeavor.
1,600-Acre Business Park Planned for Phoenix Suburbs
March 03, 2008
Taking advantage of a market less than six hours from the ports of Los Angeles and Long Beach, Tempe-based SunCor Development Co. is planning a 1,600-acre 19.6 million-square-foot business park in the Phoenix suburb of Goodyear. 
New Residents = New Retail
March 01, 2008
Even in an uncertain economic climate and a housing crisis, the Phoenix residential market is making new retail construction possible, noted Don Sheckell, managing principal for De Rito Partners Inc.
Phoenix Retail Rises
March 01, 2008
Several Greater Phoenix mixed-use projects targeting upscale-retail shoppers have come online recently or are under construction. Some of the higher-profile developments.
Estrella Falls Westcor Pushes Phoenix Mall Opening Back a Year
Feb. 14, 2008
As retailers nationwide feel the financial pinch, Westcor, the largest owner-manager of commercial properties in Arizona, has delayed the opening of its Phoenix-area Estrella Falls regional mall from 2009 to 2010.
Phoenix Business Park Goes for $73M
Feb. 13, 2008
The four-building McShane Westside Business Park a. in Phoenix at 86th Ave. and Buckeye Rd. has been sold for $73 million.
Parkway Buys Phoenix Corporate Center for $81M 
Feb. 04, 2008
Parkway Properties Inc. has acquired Desert Ridge Corporate Center on behalf of its Parkway Properties Office Fund L.P. in an $81.6 million deal. Parkway will own a 26.5 percent share of the property and receive a commensurate share of income. The property will carry a $49.2 million first mortgage. 
$91M in Financing in Place for Phoenix Condo Project
Jan. 29, 2008
Fore Property Co. has gotten its hands on a financing package valued at nearly $91 million for its Mirabella, a 715-unit multi-family project it's developing in the suburban Phoenix city of Avondale, Ariz. 
Lauth Breaks Ground on Goodyear Point
Jan. 15, 2008
Lauth Property Group Inc. has broken ground on Goodyear Point, a six-building distribution park totaling nearly 2.5 million square feet of space in the Southwest Valley industrial submarket of Phoenix, according to the company.
CB Richard Ellis Negotiates 125,000-Square-Foot Office Lease in Phoenix
Jan. 14, 2008
CB Richard Ellis Inc. has negotiated the full-building lease of Phoenix West Business Center I, a 125,000-square-foot office building located at 8900 N. 22nd Ave. in Phoenix, Ariz., it has reported. Ashley Brooks and Jim Bayless of its Phoenix office represented the landlord, BCL Inc. of San Diego, Calif., in negotiating the 63-month lease.
Westcor to Begin Planning for 40-Year Development in Tucson
Jan. 03, 2008
Phoenix-based mall builder and operator Westcor is poised to receive a permit allowing it to make plans for the future development of 12,000 acres of state-owned land in southeastern Tucson.
ritz Tuscon Ritz-Carlton Resort Gets $160M Equity Financing
Jan. 03, 2008
With construction started on Ritz-Carlton’s second resort in Arizona, Phoenix-based Warnick & Company arranged for $160 million in equity financing for the new 250-room golf and spa resort Ritz-Carlton now under construction at Dove Mountain in northwest Tucson.
 

Helping you Understand Commercial Property Value


When it comes to the Phoenix real estate market, Commercial Property News is the one publication that can track all the important commercial property value trends. As a leading source for real estate advertising, real estate market news and commercial property values, CPN is one of the most valuable additions you can provide for your company. Subscribe to CPN today and discover the latest in real estate market news.

Engaging Your Employees Essential
May 09, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Long gone are the days where the executive leadership of a company can remain sequestered in their offices with an internal focus on hard metrics. It is the soft metrics of customer centricity...

The Name Game: Part 3
May 02, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This is the third and final piece in this series on naming. The first column dealt with how to select a naming firm, the second one addressed the components that go into creating...

The Name Game, Part 2
April 25, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This week's column is part two in a three part series on naming. Last week's column contained advice on how to select a naming firm and today I'll address the elements that go...

The Name Game: Part 1
April 18, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The disciplines of branding and corporate identity have long been personal passions of mine, and nothing within this genre holds greater fascination for me than the practice of corporate naming. This column is...

Knowledge Is Power
April 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The ability of an executive to sort out who, what, why, when, where, and how while contemplating how decisions are made will largely determine the qualitative outcome of said eventual decisions. Even though...