Archive for the ‘Arizona Commercial Real Estate’ Category
September 13th, 2007 | 
Author: PHOENIX, Ariz.–(BUSINESS WIRE)–More than 400 relocation industry specialists from around the world gathered today at the JW Marriott Desert Ridge in Phoenix, Ariz., for The Prudential Forum, a three-day networking event hosted by Prudential Relocation, Inc., a Prudential Financial, Inc. [NYSE: PRU] business. This year’s program, themed We’re Invested in You, brings together relocation and real estate professionals, relocation clients and service providers to enhance communications between the different, interdependent groups and explore ideas for improving the service delivery process. Read the rest of this entry »
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GILBERT, ARIZONAÂ Â Investment Equity Development- Arizona (IED-AZ) broke ground on Copper Point Business Park, a 98,000 square foot medical / office building, incorporated with a 14,000 square foot retail building, located on the southwest corner of Val Vista and the (loop 202) San Tan Freeway. Read the rest of this entry »
PHOENIX–(BUSINESS WIRE)–Arizona Land Income Corporation (AMEX: AZL) announced today that it anticipates that its 2007 Annual Meeting of Shareholders will be scheduled to be held during the second quarter of 2007. The Company also announced that, in addition to routine matters normally presented for consideration by its shareholders, the Company intends to submit to its shareholders the transactions and related matters contemplated by the Company’s Master Formation and Contribution Agreement dated as of October 3, 2006, as Read the rest of this entry »
-Fourth Quarter FFO Per Share Increases 29% Over Prior Year-
-Fourth Quarter Acquisitions and Financings Total $316.6 Million-
-Full Year 2006 FFO Per Share Increases 44% to $1.01-
-Gross Investment Portfolio Exceeds $2.8 Billion-
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Spirit Finance Corporation (NYSE: SFC), a real estate investment trust (REIT) focused on single tenant, operationally essential real estate, today announced results for the fourth quarter and year ended December 31, 2006. Read the rest of this entry »
ASU President Michael Crow and Scottsdale Mayor Mary Manross, along with the project’s development partners and contractors, officially celebrated the completion of a construction milestone Feb. 1: the structural framing of Building I, a 157,000-square-foot, four-story office/research/retail building at SkySong, the ASU Scottsdale Innovation Center, located at the intersection of Scottsdale and McDowell Roads. Read the rest of this entry »
New Name to Reflect Trend Into Larger and Mixed-Use Developments
SCOTTSDALE, AZ — (MARKET WIRE) — Scottsdale, Ariz.-based Shea Commercial announced today that its development operation will now be known as SAXA to reflect its expanded focus on diversified development offerings, including mixed use, industrial/flex, commercial subdivisions, investment properties, and mid-rise residential projects. SAXA will continue developing office condos throughout the country and currently is developing over 3 million feet in seven states. SAXA will operate under the continued leadership of Founder and CEO Jim Riggs. Read the rest of this entry »
SCOTTSDALE, AZ — (MARKET WIRE) — Prudential CRES Commercial Real Estate, one of the nation’s fastest growing commercial real estate networks, welcomes William C. Saul as president of its Arizona operations. Saul will set a clear vision for the firm, oversee commercial real estate opportunities, create an environment conducive to fulfilling goals, and recruit the key talent necessary to meet business objectives. Read the rest of this entry »
Purchase is example of how drug developer is generating interest in city, Chandler says
Luci Scott and Edythe Jensen
The Arizona Republic
A big-name investment group with plans for a business park has snapped up 76.6 acres next to the future Covance site.
City officials say the land deal at Queen Creek and Gilbert roads, made public earlier this month, is a sign that the drug development giant is attracting national interest – and investment dollars – to Chandler. Read the rest of this entry »
John McLean
Arizona Business Gazette
Flocchini Associates LLC/Van Wagner Family Partnership of Reno sold the Grove at Black Canyon office building at 11001 N. Black Canyon Freeway to NSD Holdings of La Jolla, Calif., for $18.9 million.
Brian Ackerman, Chris Toci, Ted Harrison and James Greaves of Cushman & Wakefield of Arizona Inc. negotiated the sale transaction for the four-story 95,653-square-foot building. The buildingis 96 percent leased by Cigna Healthcare of Arizona. Read the rest of this entry »
Conversion of Former Park Plaza Hotel Part of $4 Million Renovation
   CHANDLER, Ariz., Jan. 15 /PRNewswire-FirstCall/ — Carlson Hotels Worldwide today announced the 159-room hotel located at 7475 West Chandler Blvd. in Chandler, Ariz., has been rebranded as the Radisson Phoenix-Chandler. The conversion of the former Park Plaza hotel, owned by Hospitality Properties Trust (HPT), a major hotel industry real estate investment trust, is part of a $4 million renovation that began in early 2005 when Carlson Hotels Worldwide first assumed management responsibilities for the property. Read the rest of this entry »
