CBRE has completed the $1.78 million sale of a single-tenant property leased to Dutch Bros Coffee, located at 602 South Beeline Highway in Payson, Ariz. The 824-square-foot building is the first Dutch Bros in the Payson market and will benefit from the year-round tourism in the area. Joseph R. Compagno and Benjamin Farthing with CBRE’s […]
CBRE has completed the sale of a 21,702-square-foot retail building located at 24930 S. Ellsworth Rd. in Queen Creek, Ariz. The property, which is on a long-term lease to Tractor Supply Company, traded for nearly $5.3 million. The Buyer was in a 1031 exchange and obtained new financing in escrow. Joseph R. Compagno with CBRE’s Phoenix office represented […]
CBRE Completes Portfolio Sale of Chick-fil-A and Wendy’s Ground Leases in Phoenix PHOENIX – January 22, 2019 – CBRE has completed the $5.88 million sale of a portfolio comprised of two single-tenant retail properties located at the southwest corner of 24th Street and E. Baseline Road in Phoenix. The first is a new Chick-fil-A ground […]
CBRE completed the sale of a two-property portfolio leased to Goodwill, located at 8053 East Raintree Dr. in Scottsdale, Ariz. and 4570 South Higley Rd. in Gilbert, Ariz. The properties sold for $10.2 million and $5.8 million, respectively.
CBRE has completed the sale-leaseback of a property occupied by the popular, locally-owned, Spinato’s Pizzeria located at 4848 E. Chandler Blvd. in Phoenix’s Ahwatukee submarket. The property is located at 48th Street and Chandler Blvd. and sold for $3.05 million with a new 15-year, absolute triple-net lease. Joseph R. Compagno with CBRE’s Phoenix office represented […]
CBRE has completed the sale of a single-tenant, 3,243-square-foot Freddy’s Frozen Custard and Steakburgers located in The Marketplace Marana at 3725 West Orange Grove Road in Tucson, Arizona. The Property commanded a sale price of $2.378 million. Joseph R. Compagno with CBRE’s Phoenix office represented the Seller, Arizona-based BLT Marana Properties, LLC. Steven Fontes with […]
CBRE has completed the sale of a 100 percent occupied, shopping center located at the northeast corner of 51st Avenue and Baseline Road in Laveen, an urban village located within metro Phoenix. The ±34,575-square-foot retail property has a complimentary mix of tenants, including Jimmy John’s, Native Grill & Wings, Little Caesars Pizza, AT&T, AutoZone and […]
CBRE has completed the sale of a single-tenant, newly constructed Native Grill & Wings located in the Prescott Valley Crossroads shopping center at 5533 East State Route 69 in Prescott Valley, Ariz. The 4,460-square-foot location sold for $2.8 million with a new 15-year, absolute triple net lease. Joseph R. Compagno with CBRE’s Phoenix office represented […]
CBRE has completed the sale of a single-tenant, 3,200-square-foot Freddy’s Frozen Custard and Steakburgers located at 1785 East 16th Street in Yuma, Arizona. The Property commanded a sale price of $3 million. Joseph R. Compagno and Ryan Eustice with CBRE’s Phoenix office represented the Seller, Barclay Holdings LXVIII, LLC; an affiliate of Arizona-based Barclay Group. […]
CBRE has completed the sale of a single-tenant, newly constructed Starbucks store located in the Village Grove Shopping Center at 1939 N. Gilbert Rd in Mesa, Ariz. The 2,000-square-foot location sold for $2.2 million or $1,099 per square-foot. Joseph R. Compagno with CBRE’s Phoenix office represented the seller, Oregon-based CVP – Village Grove Starbucks, LLC. […]
CBRE, Group Inc., has completed the sale of The Shoppes at Copper Point, a multi-tenant retail building located on the hard northwest corner of Val Vista Drive and Willis Road in Gilbert, Ariz. The 15,086-square-foot retail property was fully leased to a complementary mix of national and local tenants and commanded several offers and a […]
It is with bubbling excitement and fanfare that we are thrilled to announce the 4th anniversary (OMG 4 years have gone by!) of the amazing collaboration between Buildout and theBrokerList to produce the 2018 #DNAofCRE Survey. Remember, we are saying 2018 because we are asking you to download your brain and tell us what you did last year!
485 Respondents for DNA of #CRE Survey! Yes, you heard right, almost 500 commercial real estate professionals contributed to the 2017 DNA of #CRE Survey this year! That is an increase of 60% over last year! This year was so special because we had so much enthusiasm as a result of this being our 3rd year. […]
Just an Idea The idea of the DNA of #CRE survey began as a collaboration between Buildout and theBrokerList teams. We all wanted to know more about the people who make up the commercial real estate brokerage industry because it has been such a hard to understand facet of real estate. Generally people think of […]
Yes, it is true, we completed the first, official tabulation of the 2015 DNA of #CRE Survey! Please review and digest this historic attempt to obtain the actual DNA of the commercial real estate brokerage industry. Huge thanks to the team at Buildout for the amazing collaboration. It was our first one, so we are […]