en-us Copyright 2008 GlobeSt. Topics All Rights Reserved. webmaster@iproduction.com Thu, 03 Jul 2008 06:14:41 CDT Thu, 03 Jul 2008 06:14:41 CDT IPS - www.iproduction.com MARICOPA, AZ-Harvard Investments Inc. and Meritage Homes of Arizona buy and divvy 650 acres after a derailed partnership gives the land back to its lenders. http://www.globest.com/news/1192_1192/phoenix/172058-1.html?st=rss http://www.globest.com/news/1192_1192/phoenix/172058-1.html?st=rss Thu, 03 Jul 2008 04:06:35 CDT PHOENIX-David Guido takes over the helm in Tucson and Phoenix from David Wetta, who returns to the brokerage side after 20 years as manager. http://www.globest.com/news/1191_1191/phoenix/172028-1.html?st=rss http://www.globest.com/news/1191_1191/phoenix/172028-1.html?st=rss Wed, 02 Jul 2008 04:06:34 CDT PHOENIX-Equastone gets a lender's stamp of approval for South Mountain Center after pushing occupancy to 75% from 30% in three years. The financing is inked at an 80% LTV. http://www.globest.com/news/1191_1191/phoenix/172022-1.html?st=rss http://www.globest.com/news/1191_1191/phoenix/172022-1.html?st=rss Wed, 02 Jul 2008 04:06:34 CDT PHOENIX-Utah-based Wasatch Property Management ends up with $10.3 million following the sale of the class B Brookside Apartments to a Scottsdale family trust. http://www.globest.com/news/1190_1190/phoenix/171990-1.html?st=rss http://www.globest.com/news/1190_1190/phoenix/171990-1.html?st=rss Tue, 01 Jul 2008 04:06:33 CDT MESA, AZ-Using 1031exhange funds, a family investment group from Seattle buys 17 acres from First Industrial for $6.3 million. The land will be banked for three to five years http://www.globest.com/news/1190_1190/phoenix/171984-1.html?st=rss http://www.globest.com/news/1190_1190/phoenix/171984-1.html?st=rss Tue, 01 Jul 2008 04:06:33 CDT TEMPE, AZ-With the 1031 exchange clock ticking, Sumitomo deploys $92.5 million into the purchase of the 300,000-sf Tower II at Hayden Ferry Lakeside from SunCor. http://www.globest.com/news/1189_1189/phoenix/171942-1.html?st=rss http://www.globest.com/news/1189_1189/phoenix/171942-1.html?st=rss Mon, 30 Jun 2008 04:06:32 CDT PHOENIX-The developer pulls its metro oversight back to the Newport Beach, CA office, putting Tim Regan in charge as manager of development operations in Greater Phoenix. http://www.globest.com/news/1188_1188/phoenix/171901-1.html?st=rss http://www.globest.com/news/1188_1188/phoenix/171901-1.html?st=rss Fri, 27 Jun 2008 04:06:29 CDT TEMPE, AZ-Fidelity National Title and MetLife take 44,649 sf in the 300,000-sf Tower II, pushing occupancy to 90%. With that, planning begins for a third class A office building. http://www.globest.com/news/1187_1187/phoenix/171864-1.html?st=rss http://www.globest.com/news/1187_1187/phoenix/171864-1.html?st=rss Thu, 26 Jun 2008 04:06:28 CDT PHOENIX-Researchers say regions like Greater Phoenix will morph into megapolitans due to gasoline's rising price and the need for high-density residential commuter zones. http://www.globest.com/news/1186_1186/phoenix/171833-1.html?st=rss http://www.globest.com/news/1186_1186/phoenix/171833-1.html?st=rss Wed, 25 Jun 2008 04:06:27 CDT PEORIA, AZ-The investment group buys the 95%-leased Crossroads Plaza from a Colorado Springs, CO-based partnership. http://www.globest.com/news/1185_1185/phoenix/171799-1.html?st=rss http://www.globest.com/news/1185_1185/phoenix/171799-1.html?st=rss Tue, 24 Jun 2008 04:06:26 CDT PHOENIX-Belleview Communities and Pointe of View Developments plan to test demand with a sales office before breaking ground on the 129-unit DNA condominium tower. http://www.globest.com/news/1184_1184/phoenix/171747-1.html?st=rss http://www.globest.com/news/1184_1184/phoenix/171747-1.html?st=rss Mon, 23 Jun 2008 04:06:25 CDT PHOENIX-The Beltmann Group of Roseville, MN sells a 90,000-sf distribution center to the Chicago REIT for $6.6 million. http://www.globest.com/news/1183_1183/phoenix/171707-1.html?st=rss http://www.globest.com/news/1183_1183/phoenix/171707-1.html?st=rss Fri, 20 Jun 2008 04:06:22 CDT PHOENIX-The buyer eases the strain of all-cash buys by securing a credit facility expandable to $235 million. This year, $400 million has been deployed into retail buys. http://www.globest.com/news/1182_1182/phoenix/171675-1.html?st=rss http://www.globest.com/news/1182_1182/phoenix/171675-1.html?st=rss Thu, 19 Jun 2008 04:06:21 CDT TOLLESON, AZ-QuietFlex Manufacturing triples its size, leasing 72,597 sf of the Ryan West Building Park. The lease has a $2.3-million payout over its term. http://www.globest.com/news/1181_1181/phoenix/171647-1.html?st=rss http://www.globest.com/news/1181_1181/phoenix/171647-1.html?st=rss Wed, 18 Jun 2008 04:06:20 CDT PHOENIX-A new team takes over the leasing duties for the One 11 Tower in the CBD. The recently renovated, class B office space is 45% occupied. http://www.globest.com/news/1180_1180/phoenix/171610-1.html?st=rss http://www.globest.com/news/1180_1180/phoenix/171610-1.html?st=rss Tue, 17 Jun 2008 04:06:19 CDT In Phoenix, one of the markets that are suffering the brunt of the housing downturn, the Plaza Lofts continues to enjoy strong sales. http://www.globest.com/news/1178_1178/phoenix/171742-1.html?st=rss http://www.globest.com/news/1178_1178/phoenix/171742-1.html?st=rss Fri, 13 Jun 2008 04:06:15 CDT SCOTTSDALE, AZ-Plans are moving forward on the next office building as well as 325 residential units in the 32-acre, $300-million mixed-use development. http://www.globest.com/news/1179_1179/phoenix/171571-1.html?st=rss http://www.globest.com/news/1179_1179/phoenix/171571-1.html?st=rss Fri, 13 Jun 2008 04:06:15 CDT TEMPE, AZ-In the first of a two-phase project that will ultimately generate seven megawatts of electricity, the university will place solar panels on several rooftops on its Tempe campus. http://www.globest.com/news/1178_1178/phoenix/171517-1.html?st=rss http://www.globest.com/news/1178_1178/phoenix/171517-1.html?st=rss Fri, 13 Jun 2008 04:06:15 CDT PHOENIX-A prominent Valley lender halts new loans on projects and accepting investors' money in the wake of pending litigation and its former CEO's death. http://www.globest.com/news/1177_1177/phoenix/171488-1.html?st=rss http://www.globest.com/news/1177_1177/phoenix/171488-1.html?st=rss Thu, 12 Jun 2008 04:06:14 CDT TEMPE, AZ-Following the successful launch of its 24-megawatt Snowflake White Mountain Biomass Power Plant, the local independent energy company wants to acquire and develop more of the same throughout the U.S. http://www.globest.com/news/1176_1176/phoenix/171452-1.html?st=rss http://www.globest.com/news/1176_1176/phoenix/171452-1.html?st=rss Wed, 11 Jun 2008 04:06:13 CDT