Block 23 Grabs Major HQ Commitment

by Mike Hunter

Marking one of the largest metro Phoenix leases to sign since the onset of the COVID pandemic, office experts from the Phoenix office of JLL have completed a 30,000-square-foot downtown Phoenix office lease for CVO Holding Company LLC, an industry-leading transportation technology provider. CVO will relocate and expand its corporate headquarters from its existing downtown … [More]

Tolleson Industrial Space Attracts Global Supplier

by Mike Hunter

MiTek, a diversified global supplier of services and products to the residential and commercial construction sectors, has expanded its presence in Arizona, working with Colliers International in Arizona in renewing its lease of 259,200 square feet at 7890 W. Lincoln St. — where it will be relocating some out-of-state operations — for eight-plus years and adding a new 10-year … [More]

SkySong TI Project for Unique Restaurant Concept

by Mike Hunter

Scottsdale-based Sigma Contracting, Inc. is collaborating on a unique restaurant concept opening this fall on the campus of SkySong, the ASU Scottsdale Innovation Center. It is providing design-build tenant improvement services for locally owned Born & Raised Hospitality, which anticipates opening its newest concept, Broth & Bao, in November. A bao bun, also known as a … [More]

High Demand Fills Medical Office Space

by Mike Hunter

Medical office experts in JLL’s Phoenix office have completed 21,275 square feet in new leases at the 27,868-square-foot Class A Lincoln Medical Plaza, located at the southwest corner of Scottsdale Road and Lincoln Drive, within the Lincoln Plaza Retail Center in Paradise Valley, bringing the newly renovated building to 100-percent leased.  James Shough and architect Dean … [More]

New Distribution Center for the West Valley

by Mike Hunter

Scannel Properties recently purchased an approximately 70-acre site just south of Interstate 10 in east Buckeye for nearly $6.65 million, with plans for the construction of an 850,000-square-foot distribution center for specialty discount retailer Five Below. This marks the newest distribution center for the City of Buckeye and West Valley, which continues to grow and attract … [More]

30,400-Sq-Ft Redevelopment in Mesa

by Mike Hunter

Evergreen Devco, Inc., a leading retail and multifamily development company, recently purchased the anchor-tenant building at the southwest corner of Mesa Drive and Southern Avenue in Mesa, for an undisclosed price, and plans to redevelop the currently vacant 30,400-square-foot property. The company is working with a national tenant on a lease agreement to occupy the anchor … [More]

DPMG Plans 87,000SF Development in Chandler

by Mike Hunter

DPMG Galveston LLC, a private Phoenix-based company, plans to construct an 87,000-square-foot mixed-use industrial project on 6.5 acres in Chandler it recently purchased for $2,050,000 at the southwest corner of Galveston Street and McClintock Drive. Completion of Chandler Corporate Industrial Center II is expected for mid to late 2021. The contemporary design of the project … [More]

Walton Closes on Buckeye Master Plans

by Mike Hunter

Walton, a real estate investment and land asset company with US$3.8 billion under management and administration, has sold 290 acres in the Mystic Vista and Vista Bonita masterplans located in Buckeye, Ariz., the country’s 7th fastest growing city.  MPC Developments, LLC has purchased 145 acres in the Mystic Vista community, zoned fully residential for 564 single family … [More]

LGE Design Build Starts Industrial Project in Glendale

by Mike Hunter

LGE Design Build has begun construction on Northern 101 Commerce Center, a 388,621-square-foot industrial and office space on a nearly 30-acre site just west of the Loop 101 at 7860 N. 106th Avenue in Glendale, a site chosen due to its easy freeway access and the burgeoning Glendale industrial market. The project is designed by LGE’s in-house architecture firm, LGE Design … [More]

Car-Free Lifestyle for Culdesac Tempe Tenants

by Mike Hunter

Planned to open in 2021, Culdesac is a $140-million project with 636 residential units, 24,000 square feet of retail and 35,000 square feet of amenities on 16 acres. Residents will not have private cars or parking spaces although the retail area will have ample parking with 150 spaces for retail visitors and resident guests. In typical developments, the parking lots often … [More]