Archive for the ‘Arizona Real Estate Investment’ Category
September 1st, 2007 | 
Author: ASU officials announced April 20 that Finao Capital will set up operations this fall at SkySong – ASU’s Scottsdale Innovation Center.
Finao Capital is a venture capital firm that focuses on early stage technology companies. The firm concentrates on first-round financing and assisting companies that are considered to have “hypergrowth” potential. SkySong is an integral part of Finao’s business plan to bring early stage ventures and venture capital to Arizona. Read the rest of this entry »
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PHOENIX–(BUSINESS WIRE)–ILX RESORTS INCORPORATED (AMEX: ILX) announced today the appointment of Philip E. Baxter as Executive Vice President of Development. Mr. Baxter brings more than 20 years of hospitality experience to this position, as well as an undergraduate degree from the Cornell University School of Hotel Administration and a Masters in Business Administration from Tulane University A.B. Freeman School of Business. He has spent the last 14 years with Tishman Hotel Corporation where he was most recently First Vice President responsible for development, acquisitions, hotel management and advisory services for the West Coast. Read the rest of this entry »
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 »
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 »
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 »
Lakefront mansions would be near arts center
Katie Nelson and Eugene Scott
The Arizona Republic
Two housing developments are proposed for near Tempe Town Lake, close to the new Tempe Center for the Arts.
One would bring a whole different level of luxury to the area: single-family homes. The other would create condominium towers. Read the rest of this entry »
SAN DIEGO, CA — (MARKET WIRE) — January 12, 2007 — Equastone has announced the sale of Security Title Plaza (STP), a 12-story office building located at 3636 North Central Avenue in the North Downtown sub-market of Phoenix, Arizona. Alliance Commercial Partners purchased the building for $38 million. Investment entities affiliated with Equastone acquired the property for $14.75 million in October 2003. The sale price reflects a significant recovery in office building values in the North Downtown sub-market. Read the rest of this entry »
JJ Hensley
The Arizona Republic
While a controversial housing development east of Williams Gateway Airport has garnered most of the attention in the area during the past year, another group has quietly pieced together what Gateway supporters say could be a crucial part of the area’s future as an economic driver.
Paragon Properties, a partnership based in Carefree, spent more than $70 million to gobble up more than 900 acres of prime property south of the old airbase since summer 2005 and has christened it the Williams Trade Zone.
The most recent purchase, for about 230 acres at almost $25 million, completed Paragon’s Monopoly-like acquisitions in the area and leaves the developer poised to lease the land in the next year. Read the rest of this entry »
