CBRE Global Investors Acquires Phoenix-Area Last-Mile Warehouse Facility on Behalf of Allstate

Cushman & Wakefield Represented Seller LBA Realty

LOS ANGELES – October 30, 2017 – CBRE Global Investors has acquired Tempe Logistics Center, a 175,314-square foot industrial building located in the Southeast Valley submarket of Phoenix, Arizona, on behalf of Allstate, as part of its investment portfolio. The asset is fully leased to high-quality, investment-grade tenants.

Tempe Logistics […]

By |October 30th, 2017|In the News, Press Release|0 Comments

MCR Dunlap Sells Two North Phoenix Retail Buildings for $3.4 Million

Cushman & Wakefield Negotiates Sale to Two Separate Investors

PHOENIX, Oct. 18, 2017 – Cushman & Wakefield completed the sale of two north Phoenix retail buildings for a total of $3.4 million. The properties located at 701 E. Dunlap Avenue and 8949 N. 7th Street were controlled by MCR Dunlap, LLC and represented by Cushman & […]

By |October 19th, 2017|In the News, Press Release|0 Comments

Home Depot Center in Phoenix Sold for $11.76 Million

Cushman & Wakefield Negotiates Sale to San Diego Investor

PHOENIX, Oct. 16, 2017 – Cushman & Wakefield completed the sale of the 107,724-square-foot Home Depot at Hayden Plaza in Phoenix. Realty Income Properties of San Diego, Calif. purchased the property for $11.76 million.

Cushman & Wakefield Executive Managing Directors Ryan Schubert and Michael Hackett represented the seller, […]

By |October 18th, 2017|In the News, Press Release|0 Comments

Denver Investor Purchases Tempe Apartments for $20.5 Million

Cushman & Wakefield Negotiates Sale of 186-Unit Apartment Community

PHOENIX, Oct. 11, 2017 – Cushman & Wakefield completed the sale of Tempe Vista, a 186-unit apartment community located at 2045 E. Broadway Road in Tempe, Ariz., to Denver-based Capital Real Estate LLC for $20.5 million.

Brett Polachek from the Cushman & Wakefield Phoenix office represented the seller, […]

By |October 16th, 2017|In the News, Press Release|0 Comments

Dallas Investor Purchases Phoenix Shopping Center for $10.2 Million

Cushman & Wakefield Negotiates Sale of Bashas’ Anchored Shopping Center

PHOENIX, Oct. 9, 2017 – Cushman & Wakefield completed the sale of Covington Plaza. The Bashas’ grocery-anchored shopping center, located at the southeast corner of 7th Street and Union Hills Drive in Phoenix, was purchased by Dallas-based Covington Plaza LLC for $10.2 million.

Cushman & Wakefield Executive […]

By |October 16th, 2017|In the News, Press Release|0 Comments

Cohen Asset Management Sells Phoenix Industrial Building for $16.1 Million

Cushman & Wakefield and Lee & Associates Complete Sale to California Investor

PHOENIX, Sept. 25, 2017 – On behalf of Los Angeles-based Cohen Asset Management, Cushman & Wakefield and Lee & Associates completed the sale of an 188,142-square-foot industrial building located at 7822 S. 46th Street in Phoenix. Bailard of Foster City, Calif. purchased the property […]

By |September 27th, 2017|In the News, Press Release|0 Comments

Research Analyst from Lee & Associates Joins Top Ranked Cushman & Wakefield Industrial Team

PHOENIX, Sept. 21, 2017 – Cushman & Wakefield announced that Matt DePinto has joined the firm’s Phoenix office as a Senior Brokerage Coordinator for the industrial team of Mike Haenel, Andy Markham, Will Strong and Phil Haenel.

Matt joins the firm from Lee & Associates where he was the Senior Research Analyst. With over 10 years […]

By |September 22nd, 2017|In the News, Press Release|0 Comments

Family Trust Buys 15.62 Acres in Mesa, Arizona

Cushman & Wakefield Completes Sale on Behalf of Sliger Buckhorn Limited Partnership

PHOENIX, Sept. 18, 2017 – Cushman & Wakefield announced that Sliger Buckhorn Limited Partnership sold 15.62 acres at the northwest corner of Recker and Main Street in Mesa, Arizona for $2.15 million to the McHenry Family Trust. Brian Rosella of Cushman & Wakefield represented […]

By |September 22nd, 2017|In the News, Press Release|0 Comments

Landmark Office Tower in Mesa Sold for $23 Million

Cushman & Wakefield Completes Sale to Southern California-based Investor

PHOENIX, Sept. 13, 2017 – Cushman & Wakefield announced that 1201 Partners LLC, a company formed by Barker Pacific Group in Los Angeles, Calif., paid $23.95 million to purchase Mesa Financial Plaza from Mesa Financial Plaza LLC, an entity formed by Scottsdale-based Emrine LLC and PV Management […]

By |September 14th, 2017|In the News, Press Release|0 Comments

Bush’s Chicken on Bell Road Sold for $3.3 Million

Cushman & Wakefield Negotiates Sale of Chicken Eatery

PHOENIX, Sept. 11, 2017 – Cushman & Wakefield completed the sale of Bush’s Chicken as a single tenant net leased investment, located at 660 West Bell Road in Phoenix.  The all-cash California, 1031 Exchange Investor purchased the property from Phoenix-based Hinkson Company for $3,383,333.

Cushman & Wakefield Senior Director […]

By |September 11th, 2017|In the News, Press Release|0 Comments