Location Drives Tenants and Owners in Evolving Phoenix Retail Market

Cushman & Wakefield Reports Lower Vacancies and Focus on Neighborhood Centers

PHOENIX, November 2, 2015 – Cushman & Wakefield, a global leader in commercial real estate services, announced today that the Metro Phoenix retail market posted its 16th consecutive quarter of declining vacancy.  Vacancy fell to 11.1% at the end of Q3 with neighborhood and community […]

By |November 2nd, 2015|In the News, Press Release|0 Comments

Cushman & Wakefield Exclusive: Retailers Should Expect Higher Sales, More Customers During 2015 Holiday Season

Revenue expected to beat last year’s totals; lower unemployment, drop in gas prices will be boost to retail

NEW YORK, Oct. 28, 2015 – U.S. retailers should be optimistic about their bottom lines during the 2015 holiday season, as lower unemployment, a drop in gas prices and a predicted spike in consumer spending are expected to […]

By |October 28th, 2015|In the News, Press Release|0 Comments

Northgate Business Center and Blackhawk Corporate Center I in Deer Valley Sell for $29.5M

Cushman & Wakefield Represents Seller in Transaction with New York Investor

PHOENIX, Oct. 28, 2015 – Cushman & Wakefield, a global leader in commercial real estate services, announced today that Northgate Business Center and Blackhawk Corporate Center I, located at the interchange of Interstate 17 and Loop 101, have been sold to a New York investor […]

By |October 28th, 2015|In the News, Press Release|0 Comments

Owner/User Purchases Glendale Industrial Building and Adjacent Land

Cushman & Wakefield Negotiates Sale on Behalf of the Seller

PHOENIX, Oct. 22,  2015 – Cushman & Wakefield, a global leader in commercial real estate services, announced today that Mangat Investments I, LLC has purchased a 40,081 square foot freestanding industrial building on 3 acres of land at 7138 N. 110th Ave. in Glendale, AZ, for […]

By |October 22nd, 2015|In the News, Press Release|0 Comments

Native American Connections Purchases Central Phoenix Land for Apartment Development

Cushman & Wakefield Negotiates Land Sale on Behalf of Nile Housing Partners

PHOENIX, Oct. 21 , 2015 – Cushman & Wakefield, a global leader in commercial real estate services, announced today that Native American Connections, LLC has purchased 1.76 acres at 1537 W. Camelback Rd. for $1.1 million

Cushman & Wakefield Vice Presidents Brian Rosella and Will […]

By |October 21st, 2015|In the News, Press Release|0 Comments

Menlo Equities Purchases Entire Thistle Landing Office Park in Phoenix

PHOENIX, October 20, 2015 – Cushman & Wakefield, a global leader in commercial real estate services, announced today that an affiliate of Menlo Equities LLC purchased the remaining three buildings of the Thistle Landing office park located at 4801, 4805 and 4811 E. Thistle Landing Dr..

Chris Toci, Chad Littell, Jerry Noble, Pat Devine and Greg […]

By |October 20th, 2015|In the News, Press Release|0 Comments

Marketbeat: Metro Phoenix Office snapshot Q3 2015

What the 3Q 2015 numbers show:

>> At the close of the quarter, office vacancy in Metro Phoenix stood at 18.9%, a reduction from the 19.3% rate from Q2 2015. It showed a significant drop from the 19.6% reading one year ago.

>> The Metro Phoenix office market continued to experience robust demand, absorbing more than
880,000 square feet (sf), […]

By |October 19th, 2015|In the News, Press Release|0 Comments

North Mountain Plaza sells for $10.5 Million in Northwest Phoenix

 

Cushman & Wakefield Negotiates Purchase on behalf of Pivot Development

PHOENIX, Oct. 19, 2015 –  Cushman & Wakefield, a global leader in commercial real estate services, announced today that Arizona-based Pivot Development, LLC has purchased North Mountain Plaza, a retail center in Northwest Phoenix for $10,577,000.

Cushman & Wakefield Senior Vice Presidents Dan Salley and Jack Wilson […]

By |October 19th, 2015|In the News, Press Release|0 Comments

Pivot Development Purchases Papago Plaza for $12.5 Million

Cushman & Wakefield Negotiates Purchase of Shopping Center and Office Building

PHOENIX, Oct. 16, 2015 – Cushman & Wakefield, a global leader in commercial real estate services, announced today that Arizona-based Pivot Development, LLC has purchased Papago Plaza and an adjacent office building in South Scottsdale for $12.5 million.

Cushman & Wakefield Senior Vice Presidents Dan Salley […]

By |October 16th, 2015|In the News, Press Release|0 Comments

North Central Phoenix Office Buildings Sell for $10.4 Million

Cushman & Wakefield Negotiates Sale of Buildings in Revitalization Area

PHOENIX, Oct. 15, 2015 – Cushman & Wakefield, a global leader in commercial real estate services, announced today that Arizona-based East Missouri LLC has purchased the East Missouri Office Buildings for $10.4 million.

Eric Wichterman, Mike Coover, Bob Buckley, Tracy Cartledge, Steve Lindley, Ben Geelan, Chris Toci […]

By |October 15th, 2015|In the News, Press Release|0 Comments