Authors Posts by Lee & Associates Arizona Research Division

Lee & Associates Arizona Research Division

Scottsdale Shopping Center Sold to Private Investment Group for $38.7M

SCOTTSDALE, AZ - November 8, 2012 - (RealEstateRama) -- The Lincoln Village Shops retail shopping center has sold to a privately owned real estate investment company for $38,712,500. Bethesda, Maryland-based Global Retail Investors purchased the 71,142...

Two High-Profi le, National Offi ce Tenants Take Space in Phoenix

PHOENIX, AZ - October 22, 2012 - (RealEstateRama) -- Two prominent national companies have negotiated leases in the Phoenix area. New Jersey-based home builder K Hovnanian Homes renewed their lease for 19,892 SF for 96-months at Desert Ridge Corporate ...

Mostly Positive Indicators Show Strong Phoenix Industrial Market

PHOENIX, AZ - October 15, 2012 - (RealEstateRama) -- The Phoenix industrial market continues its convincing march toward recovery by reaching several important milestones. As a more resilient sector during the recession, the industrial market was not p...

Spectrum Labs Takes 25,569 SF, 10.5-Year Lease at Southbank

PHOENIX, AZ - September 17, 2012 - (RealEstateRama) -- Spectrum Labs, a pet allergy solutions company, has signed for 25,569 SF of lab offi ce space within Southbank Business Park, 2801 S. 35th St. in Phoenix.

Chad Ackerley Promoted to Associate Broker

PHOENIX, AZ - September 12, 2012 - (RealEstateRama) -- Lee & Associates Arizona Principals have promoted Chad Ackerley to Associate Broker for the Industrial Division.

Tucson Shopping Center Sold to Investment Trust for $125.4 million

Tucson, AZ - August 23, 2012 - (RealEstateRama) -- The Tucson Spectrum Shopping Center sold to a publicly-traded investment trust for $125,375,000. DDR Corp. purchased the 709,811 SF and seven developable fi nished retail pads of the Phase II portion o...

Chandler Parcel Sold for $1.6 million, Data Center Breaks Ground on Phase I

CHANDLER, AZ - June 14, 2012 - (RealEstateRama) -- A state-of-the-art data center has broken ground recently after the purchase of 8 acres of land at 2600 W. Germann Rd. in Chandler for $1.6 million or $200,000 per acre.

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families