Deals of the week: Valley industrial complex, medical offices sold

Freeway Logistics industrial complex, a 230,422-square-foot industrial and distribution center in Phoenix, was sold for $28.6 million. Kitchell Development, which developed the industrial park, sold the complex to Los Angeles-based CAM Industrial F.....»»

A quick look at three Valley commercial real estate deals from the past week: Mountain View Marketplace, a shopping center that includes a vacant Safeway store that will soon be a VASA Fitness, sold for $8.3 million. The center, located at 3131 E......»»

Valley Commerce Center, a multi-tenant office building at 4745 and 4747 N. 7th Street in Phoenix, sold to Denver-based Bow River Capital Partners for $27.95 million. Steve Lindley, Eric Wichterman, Tracy Cartledge, Bob Buckley and Mike Coover of Cushman.....»»

Built in 2015, the Southwest Industrial Center totals 684,420 square feet and was sold to a Los Angeles real estate investor......»»

A 418,000-square-foot industrial and warehouse building at 12000 N. 132nd Avenue in Surprise has been sold for $24.1 million. Northstar Commercial Partners sold the building, located on 32 acres of land, to Dalfen America Corp., a Canadian REIT tha.....»»

The Rio West Business Park, a five-building, 296,663-square-foot office campus in the Rio Salado corridor in north Tempe, sold for $63.35 million. Los Angeles-based Oaktree Capital Management LP bought the complex from joint venture of the princi.....»»

A retail portfolio comprising four metro Phoenix retail assets totaling 29,001 square feet and three fully improved retail pads ready for development sold for $21.45 million. Glenn Smigiel, Bob Young, Steve Brabant, Rick Abraham, Bill Bones and Ch.....»»

Glenwood Development Co., a Mesa-based real estate firm, bought a Safeway-anchored shopping center in Prescott for $13.1 million. Kevin Fryman, Edward Hanley and Lee Csenar of Hanley Investment Group represented the seller, Columbus Pacific Prop.....»»

Black Canyon Tower, a 147,731-square-foot office building located at 10851 N. Black Canyon Highway, has been sold for $20.1 million. Fenway Capital Advisors, represented by CJ Osbrink, Kevin Shannon, Paul Jones, Ken White, Brunson Howard, Sean Fulp, .....»»

As partner of the firm’s Life Science and Healthcare Industry Group, Brian Cuneo, who’s based in the firm’s Menlo Park offices, has helped broker the type of complex financial agreements that can lead to medical advancements......»»

The buyer of the distribution center, CBRE Global Investors, had been targeting cold storage as a subtype. Also in this week's roundup: a Bashas'-anchored shopping center is sold, along with a pair of office properties......»»

Grunow Memorial Medical Center, a 53,000-square-foot, two-story Phoenix medical office building at 926 E. McDowell Road, sold to Chicago based-Harrison Street for $12.35 million. Meridian, an affiliate of Marcus & Millichap Co., had previously collabor.....»»

An office property at 5829 N. Seventh St. sold for $1.475 million. Troy Giammarco, Tyler Smith and Joe Pequeno of NAI Horizon represented the seller, Pisa Properties Sixteenth LLC, in the sale. Ortega Ault with Colliers International represented the .....»»

Deals of the week: Tempe office building sold; industrial flex property changes hands.....»»

This week, a downtown Denver bank building sold for $194 million and WeWork picked Cherry Creek for its ninth Denver location......»»

A 266-unit multifamily community on the former site of ASU's Thunderbird School of Management has traded hands. Plus, this week's roundup of real estate news includes a downtown apartment tower's groundbreaking.....»»

Nearly 40 acres of land in St. Johns County sold for $4.75 million last week, and the buyers are planning to develop a 312-unit apartment complex on the property......»»

The former Google CEO has reinvented himself as the prime liaison between Silicon Valley and the military-industrial complex......»»

Chesapeake Real Estate Group sold the property to a German company that manages $4 billion in U.S. assets......»»

Demand for large warehouses and distribution centers remains high as consumers shift their buying to online platforms. Phoenix, in particular, could be poised to be at the forefront of deals in the space, according to an industrial investor......»»