AZRE November/December 2013

Page 18

BIg Deals IIDA Top 5 Sales of an individual property (August 1 to September 31, 2013) Source: Cassidy Turley Research Department

Retail/Sales

2. Tutor Time

Cave Creek 25,315 SF; $8,750,000 Buyer: Terry & Steve Blumenfeld Seller: National Retail Development Partners Listing Broker: Chad Tiedeman, Phoenix Commercial Advisors 3. Hurley Plaza

Teale Bloom

Greg Laing

Phoenix 20,243 SF; $6,922,104 Buyer: Capstone Advisors, Inc. Seller: Lawrence & Geyser Development Listing Broker: Chad Tiedeman, Phoenix Commercial Advisors 4. 35th Avenue & Bell Road

1. Gilbert & Southern Chad Tiedeman Mesa 238,613 SF; $9,530,200 Buyer: Astani Enterprises, Inc. Seller: Wells Fargo Listing Broker: Chad Tiedeman, Steven Underwood, Greg Laing, Teale Bloom and Cameron Warren, Phoenix Commercial Advisors

Steven Underwood

Phoenix 78,422 SF; $5,493,146 Buyer: Kinetic Companies Seller: CWCapital Asset Management, LLC Listing Broker: Jules Sherwood, Rockwood Real Estate Advisors 5. Peoria Square

Cameron Warren

Office/Sales

Glendale 23,075 SF; $5,300,000 Buyer: Cave Creek Capital Partners LLC Seller: Sierra Consulting Group, LLC Listing Broker: Adrian Evarkiou, Helo Real Estate Buyer’s Broker: Max Bippus, CBRE

2. North Scottsdale Corporate Center

Phoenix 156,629 SF; $38,600,000 Buyer: Artis REIT Seller: Miller Global Properties, LLC LISTING BROKER: Chris Toci, Cushman & Wakefield Larry Downey

Jerry Jacobs

Chad Littell

Chris Toci

1. Biltmore Commerce Center Phoenix 258,348 SF; $42,773,000 Buyer: DPC Development Companies Seller: The Muller Company Listing Broker: Chris Toci, Chad Littell, Jerry Jacobs, Larry Downey, Cushman & Wakefield 16 | September-October 2013

3. Kierland One

Scottsdale 175,441 SF; $29,300,000 Buyer: Pacific Coast Capital Partners LLC Seller: Cornerstone Real Estate Advisors, Inc. Listing Broker: Barry Gabel, Mindy Korth and Chris Marchildon, CBRE 4. DeVry University

Phoenix 111,957 SF; $23,030,000 Buyer: Cole Corporate Income Trust, Inc. Seller: LBA Realty Listing Broker: Jeffrey Cole, Cushman & Wakefield 5. Midtown Bank of America Tower

Phoenix 189,868 SF; $14,800,000 Buyer: Omninet Capital Seller: Morrison Street Capital, LLC Listing Broker: Michael Crystal, Cushman & Wakefield


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AZRE November/December 2013 by AZ Big Media - Issuu