JLL buys East Valley industrial complex
JLL Income Property Trust has bought the Chandler Distribution Center, a 211,000-square-foot industrial complex, for $31 million. The distribution center, near Loop 202 and Germann Road in Chandler, includes two newly developed Class A warehouses tha.....»»
LA investor buys East Valley office complex for $22M
The two-building Chandler development was 95% leased at the time of the sale......»»
Industrial Commercial Properties buys land under Dayton-area office buildings
In February, Industrial Commerical Properties and regular partner, Industrial Realty Group of Los Angeles, acquired the Dayton-area office complex anchored by LexisNexis for undisclosed terms......»»
Los Angeles investor buys Phoenix building leased by Bang Energy drink maker
Industrial real estate has continued to attract investors in Arizona, including Cohen Asset Management, which owns about 50 properties in the Valley......»»
‘I could solve most of your problems’: Eric Schmidt’s Pentagon offensive
The former Google CEO has reinvented himself as the prime liaison between Silicon Valley and the military-industrial complex......»»
Hines, Oaktree plan West Valley industrial complex near Loop 303
The speculative industrial park will include two buildings totaling 1.2 million square feet......»»
Barro’s Pizza buys former restaurant building in East Valley
Barro’s Pizza, a family-owned Valley pizzeria chain, recently purchased a former Ruby Tuesday location in Gilbert where it plans to open a new location. In December, the company closed on the 5,218-square-foot building at 2571 S. Market Street in Gilb.....»»
Nation"s largest homebuilder in escrow to buy key chunk of East Valley land
The builder told the Business Journal it took nearly two years to get the rezoning worked out to allow the residential project to move forward. The land being acquired originally was zoned for light industrial and business park use......»»
Remodeling company buys Tempe building, plans to hire 200
Power Home Remodeling, a Pennsylvania-based residential remodeling company, has acquired a Tempe industrial building to gain a foothold in the Valley and plans to hire 200 people for sales, customer development and installation services jobs. Acc.....»»
Trump Attacks Military Industrial Complex, Urges Infrastructure Investments In Middle East
Authored by Matthew Ehret via The Strategic Culture Foundation, For the first time in over half a century.....»»
Deals of the week: Valley industrial park, office complex and retail center 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.....»»
Windermere realty firm buys, plans move to concrete contractor’s building near Creative Village
Katherine Bordelon is heading east as part of a plan that will redevelop the site of a nearly 9,000-square-foot warehouse complex west of downtown Orlando. The broker/owner of Windermere-based Castle & Cottage Realty LLC through her related RAKB Hold.....»»
Electronic Arts buys Pasadena game maker
Silicon Valley video game company Electronic Arts (EA) has acquired Industrial Toys, a creative team of game makers based in Pasadena, California. Founded in 2012, Industrial Toys made the mobile shooter games “Midnight Star†and its sequel “Midn.....»»
Deals of the week: Valley shopping centers, industrial complex sold
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......»»
Silicon Valley East: Google plans $1B expansion in New York
High tech's center of gravity is shifting east. Google has announced plans for a new $1 billion office complex in New York City. It is the tech industry's latest major expansion beyond the Seattle-San Francisco corridor......»»
Dallas PE firm buys former Perot company office complex
A Plano office complex that once housed H. Ross Perot’s Electronic Data Systems has been scooped up by a local private equity firm. Citing deed records, the Dallas Morning News reported that the 1.6 million-square-foot complex, located east of the D.....»»
Global real estate investor buys East Austin apartments
The Arnold, a 346-unit apartment complex on Austin’s East Side, was recently sold by Transwestern Development Co. for an undisclosed amount......»»
Deals of the week: Canadian investor buys West Valley warehouse
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.....»»
St. Louis-area tent company buys assets from family-owned Illinois tent business
A family-owned Metro East tent company has acquired assets from a longtime family tent business in Illinois that's shutting down......»»
Major industrial site could help Queen Creek compete for more manufacturers
As LG Energy Solution ramps up construction at its future battery complex in Queen Creek, nearby property owners are setting up large tracts of land as potential sites to compete for more major manufacturing projects in Arizona......»»