Archive for the ‘Scottsdale Real Estate Investment’ Category
February 7th, 2007 | 
Author: 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 »
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Litree, Fscreen are high-tech environmental companies
Jane Larson
The Arizona Republic
SCOTTSDALE – SkySong, the ASU Scottsdale Innovation Center, has signed two high-tech, environmental companies from China as its latest tenants. Read the rest of this entry »
City Council also OKs additional height for “Skysong†structure
The Scottsdale City Council on Tuesday, Dec. 13, unanimously approved design plans for the initial phases of the ASU Scottsdale Innovation Center planned at McDowell and Scottsdale roads.
The council also approved a height exemption for the “Skysong” shade structure proposed for the site, allowing the structure to reach as Read the rest of this entry »
The Republic
PARADISE VALLEY – Eurohypo AG, a European specialist bank for real estate and public finance, has supplied a $180 million loan to complete capitalization of the $250 million InterContinental Montelucia Resort & Spa project.
The agreement was one of the final pieces in the development puzzle to fall into place. Read the rest of this entry »
Peter Corbett
The Arizona Republic
SCOTTSDALE – SunCor Development Co. has applied to buy more than 1,700 acres of state trust land in north Scottsdale that the city wants to preserve as open space. Read the rest of this entry »
SCOTTSDALE, Ariz., Dec. 11 /PRNewswire/ — On Monday, December 11, 2006, The Dial Corporation and Henkel marked the official start of the largest construction project in their history with a groundbreaking ceremony for a new headquarters building located in Scottsdale. The event took place within the new One Scottsdale development site, located at the northeast corner of Scottsdale Road and the 101 Freeway. Read the rest of this entry »
Pricing of Common Stock Offering
SCOTTSDALE, Ariz.–Spirit Finance Corporation (NYSE:SFC), a real estate investment trust (REIT) focused on single tenant, operationally essential real estate, announced the pricing today of a public offering of 8,425,000 shares of its common stock, par value $.01 per share, at a price of $11.85 per share. Wachovia Capital Markets, LLC is acting as sole bookrunner for the offering and will offer the shares to a limited number of institutional investors. Read the rest of this entry »
Firm grapples with referendum threat, council questions
Lesley Wright, The Arizona Republic
SCOTTSDALE – DMB Associates is trying to address concerns about its One Scottsdale project before the City Council hears its controversial request for extra height Jan. 16.
However, a project-delaying referendum threat looms.
DMB asked Scottsdale for more time to address design issues before the City Council considers granting a height variance to allow some buildings to break a 60-foot ceiling and rise to 89 feet. Read the rest of this entry »
Peter Corbett
The Arizona Republic
SCOTTSDALE – Dial Corp. plans to start building its new headquarters at One Scottsdale next week even as debate continues over the project’s building height.
Dial is planning a 350,000-square-foot office and research center for about 700 employees northeast of Scottsdale Road and Loop 101, Dial spokeswoman Natalie Violi said. Read the rest of this entry »
Brokerage spins off from development
Yvette Armendariz
The Arizona Republic
Scottsdale-based Shea Commercial is undergoing a transformation.
The company best known for developing office condos is breaking into two businesses. Today it is expected to announce a franchise deal with Prudential CRES Commercial Real Estate to operate in Arizona and Nevada. Its development business will get a new name in January. Read the rest of this entry »
