Burlington Coat Factory, the national off price retailer, is opening a brand new store in Phoenix, Arizona. To celebrate, it will host a Ribbon Cutting Ceremony along with its premier philanthropic program, Burlington Gives Back on Friday, November 9th. Burlington Gives Back is a program dedicated to donating new merchandise to local charitable agencies in communities … [More]
Wells Fargo Arizona #1 SBA Lender
Wells Fargo & Company (NYSE: WFC), America’s #1 small business lender, today announced it is the #1 Small Business Administration (SBA) 7 (a) lender in Arizona in amount of dollars approved for the sixth consecutive year. Wells Fargo approved $75.8 million dollars in financing to Arizona businesses from Oct. 1, 2011 and Sept. 30, 2012. “Wells Fargo is committed to … [More]
NAI Horizon Economic Outlook
The Commercial Real Estate industry is progressing from the economic downturn post crisis. In the 3rd quarter, the largest capital investments were observed in the following sectors: apartment, high quality retail, and office space. Investors have looked towards CRE assets for enhanced returns, taking advantage of the low interest rates maintained by the Federal Reserve. … [More]
CPI Announces the Sale of a 32,674 sf Medical Property in Gilbert for $7.4m
Commercial Properties Incorporated (CPI) announces the sale of a 32,674 square foot medical office building in Phase 1 of the Greenfield Medical Dental Center in Gilbert, Arizona. Chad Merwin of Commercial Properties Incorporated represented the buyer, Gilbert Medical 2012 LP. “This was a unique deal on a very well-stabilized medical building that was 95% occupied,” said … [More]
