Following the Great-Recession and ever changing consumer habits, the future of retail centers will most certainly look nothing like what we saw just five years ago. In 2008 regional retail power centers were planned for three corners of an intersection in nearly every regional trade area of our market here in Phoenix, AZ. This meant […]
Rents Bottom Out Investment Sales Volume Up New Construction is Minimal Vacancy Expected to be 10% or less by end of the year The Metro Phoenix retail market is continuing to improve with strong momentum continuing to build in leasing activity as well as investment sale transactions. Additionally, the trend in rental rates, which […]
Medical Office Lease Activity The leasing market for medical office space in the Valley for the Second Quarter, 2013 is reporting an increase in the average lease rate from approximately $21.15 per square foot, Full Service, in the First Quarter, 2013 to $21.92 per square foot, Full Service, this Quarter; which consists of 331 buildings […]
August 19, 2013 (Phoenix, Arizona) – GPE Companies (gpe1.com) reports the following transactions: Sales Scottsdale, AZ – Franklin & Dawn Boxberge (Trustees) purchased 2,730 SF for $232,500 at Vista Bonita, 8701 East Vista Bonita Drive. Bret Isbell and Russell Fine represented the Seller. Phoenix, AZ – Paramount Skyline purchased Skyline Ridge at the Preserve Condominiums […]
July 22, 2013 (Phoenix, Arizona) – GPE Companies (gpe1.com) reports the following transactions: Sales Tempe, AZ – PBB-TRG Broadway, LP purchased 31,100 SF for $1,550,000 at Dorsey Crossing, 1223-1225 West Broadway Road. Dave Sampson and Desert Holdings Property Management represented the Seller. Surprise, AZ – JSBT, LLC purchased 19,100 SF for $717,600 at 10867 North […]
GPE Companies, a healthcare real estate pioneer, today announced the hire of Michael C. Brinkley, MCR as Healthcare Strategic Advisor. The move will help GPE’s clients navigate a complex, highly specialized market full of untapped opportunity as well as strengthen GPE’s already influential presence in the healthcare marketplace. Seismic shifts underway in healthcare make Brinkley’s […]
Are You Getting What You Deserve? At GPE we will not micromanage your entrepreneurial spirit, you will be able to focus your attention on your clients and not the stress of low commission splits, high desk costs and a quota of cold calls. Here you will enjoy increased support, flexibility and leadership. Call us today […]
OFFICE LEASES: Exxcel, Inc leased 853 SF at The Century Building at 1940 E. Thunderbird Road in Phoenix. Justin Horwitz and Nicole Ridberg represented the landlord in the transaction. Justin Horwitz and Nicole Ridberg represented the landlord at 17215 N. 72nd Drive in Glendale, known as Arrowhead Park Place, to lease 2,493 SF to Sun […]
June 17, 2013 (Phoenix, Arizona) – GPE Companies (gpe1.com) reports the following transactions: Sales Chandler, AZ – D & S Real Estate Management, LLC purchased 9.81 Acres for $820,000 at 11428 East Appleby Road. Bret Isbell and Russell Fine represented the Seller. Surprise, AZ – St. Joseph Holding Group, LLC purchased 2,088 SF for $160,000 […]
A landmark in Downtown Scottsdale since 1972, imagine the view from this 11-story, Class A high-rise, formerly known as the Camelview Office Building located at 6900 E. Camelback Road. With its new designation of Camelback Tower, this exclusive property, connected to Scottsdale Fashion Square, has recently been reinvigorated attracting new tenants to make a distinctive […]
May 15, 2013 (Phoenix, Arizona) – GPE Companies (gpe1.com) reports the following transactions: Sales Glendale, AZ – Parker Property Management, LLC purchased 7,448 SF for $640,000 at 17431 N. 71st Drive. Bret Isbell and Russell Fine represented the seller. Scottsdale, AZ – MD 7861 E. Gray Road, LLC purchased 18,492 SF for $1,149,980 at 7861 […]
GPE Companies (gpe1.com) reports the following transactions: Sales Prescott Valley, AZ – Green Arrow Partners, LLC purchased 28,440 SF for $655,000 at 9551 East Lorna Lane. Bret Isbell and Russell Fine represented the seller. Mesa, AZ – L&T Freeman Rosemont, LLC purchased 19,200 SF for $850,000 at 1909 North Rosemont Drive for private label snacks […]
March 18, 2013 (Phoenix, Arizona) – GPE Commercial Advisors welcomes Linda Robbins, CCIM, Senior Vice President as our newest member of the brokerage team. Linda brings over 30 years of commercial real estate experience throughout the Metro Phoenix area. She specializes in Seller, Buyer and Tenant representation for office, retail, medical and industrial users. Her […]
March 14, 2013 (Phoenix, Arizona) – The GPE Healthcare Investment Group successfully closed deals totaling approximately $70 million dollars in 2012, absorbing nearly 1.2 million square feet. The team consists of veteran brokers: Trisha A. Talbot, CCIM, Kathleen M. Morgan, CCIM and Julie A. Johnson, CCIM with over 50 years of combined brokerage experience specializing […]
Beginning in a One-Room Space to Representing 8M SF Valley-Wide & Exceeding $2B in Transactions 2013 is GPE Companies 40th year of business in Arizona. Since 1973, the company has seen numerous changes in the Valley. In Scottsdale, where the business was started, the population was approximately 60,000 people, Shea Boulevard was considered the beginning […]
March 4, 2012 (Phoenix, Arizona) – GPE Management Services welcomes Greg Leverton as our newest member of the property management team. As Senior Property Manager, Greg will primarily be in charge of Camelback Tower, a Class A, 10-story building that resides next door to Scottsdale Fashion Square and includes tenants such as Seersucker Restaurant and […]
February 6, 2013 (Phoenix, Arizona) – GPE Commercial Advisors, a local industry cornerstone and leading third-party commercial real estate firm have many reasons to celebrate one of their best fiscal years since the economy faltered. Their 2012 results are as follows: • Approximately 400,000 sq feet of leased space • Approaching 1.7 million sq […]
GPE Commercial Advisors welcomes Marcela Houser, CCIM as our newest member of the brokerage team as Associate Vice President. Marcela brings to GPE over 10 years of experience in Commercial Real Estate. She has worked for companies such as Coldwell Banker Commercial, ROI Properties and Colliers International in Mexico. She holds qualifications of CCIM (Certified […]
November 13, 2012 (Phoenix, Arizona) – GPE Companies is proud to announce the promotion of Linda Tierney to Director of Property Administration for GPE Management Services, LLC. In addition to managing a portfolio of commercial properties, the job will entail overseeing accounting, managing all property management operation standards, facilitating inter-departmental communication and assisting the director […]
In a tremendous gesture of support, GPE Connect, a digital news magazine produced by GPE Companies, has incorporated the tally of CRE firms to join us in our quest to be the highest quality database of CRE folks on the planet! As of the last count, reported here on GPE Connect, today, there are 399 firms […]