Archive for the ‘Mesa Real Estate Investment’ Category

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 »

Sean Holstege
The Arizona Republic

Two years before the light-rail system opens, private investors are starting to pump more than $1 billion into new developments near the rail stations.

The investments promise to reshape key corners and neighborhoods along the 20-mile route, an infusion that is typical of light-rail systems but is occurring earlier in the Valley than in other cities. Read the rest of this entry »

Business-2-Business Host Rex Parry to Interview BuyerHunt Executives on December 2
SCOTTSDALE, AZ — (MARKET WIRE) — November 30, 2006 — BuyerHunt announced today that Rex Parry, the host of the Business-2-Business radio talk show on 1310 KXAM in Phoenix, will interview BuyerHunt Founder Gregory Hague; Vice President of Product Management, Jake Cunningham; and Vice President of Operations, Corbin Hague. The interview will air between 5 and 6pm on Saturday, December 2. Read the rest of this entry »

– Opens North American Headquarters in Phoenix —

PHOENIX–(BUSINESS WIRE)–Redwood Group, a New Zealand-based developer with an international real estate portfolio worth more than $600 million, has expanded its operations to the United States.

The company has opened its U.S. headquarters in Phoenix at 201 W. Indian School Road, in the historic Valley National Bank building. Read the rest of this entry »

    MESA, Ariz., Nov. 15 /PRNewswire/ — As part of its growth strategy, Realty ONE Group, Inc. is celebrating the opening of its newest office in Mesa, Arizona, bringing the total to seven prestigious locations between Nevada and Arizona. Since its inception in May 2005, the Las Vegas-based firm has experienced undisputed success with a pioneering business model that focuses on the use of cutting edge technology and dedication to service and value. Read the rest of this entry »

CHANDLER, Ariz.–(BUSINESS WIRE)–Engenuity Systems, Inc., the leading distributor of intelligent networked control components, and Lagotek Corporation, best known for making high quality home automation affordable to homes throughout the U.S., signed an agreement today to distribute Lagotek’s wireless Home Intelligence Platform (HIP). The agreement between the two organizations enables Lagotek to connect with over 800 dealers already affiliated with Engenuity.

“Signing this distribution agreement with Engenuity is a very important step for Lagotek. It will allow us to significantly expand our dealer Read the rest of this entry »

(PRLEAP.COM) Dallas, Texas — BMC Capital announced that it originated a $1.7 million loan for the acquisition of The Groves at Mesa Apartment Homes, a 35-unit complex located at 2030 East Broadway Drive in Mesa, Ariz.

“We accommodated 1031 exchanges for both the buyer and seller,” says Mike Callis, a vice president at BMC Capital’s Phoenix office. Callis provided the Ariz. borrower with a five-year fixed rate on a 76% loan-to-value mortgage. The loan, which was insured by Read the rest of this entry »

New Chandler Office Space 100 Percent Pre-Sold, Evidence of Growth in Airpark Area

MESA, Ariz.–(BUSINESS WIRE)–COBE Development today broke ground on Carmél Professional Plaza, a new office development located on more than six acres on the southwest corner of Gilbert Road and Queen Creek Road in Chandler. The $13 million project is 100 percent pre-sold and is scheduled for occupancy in the summer of 2007. Read the rest of this entry »