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CREReport | Phoenix for November 10, 2014

CREReport | Phoenix

Commercial Real Estate Report for November 10, 2014

Premier Cardiovascular Leases 8.8K SF of Medical Office Space in Chandler

Ensemble Real Estate Solutions announced that Premier Cardiovascular leased 8,800 square feet of medical office space at Dobson Medical Plaza, a soon-to-be completed 17,500 square foot medical office building located at S/SEC Dobson Rd & Chandler Blvd in Chandler.

The remaining 8,700 square feet of space is still available for lease.

Ensemble Real Estate Solutions

Plans for 90-Home Enclave at Borgata Progress

Planned 90-Condo Development in Central Scottsdale (Berry Riddell & Rosensteel) Planned 90-Condo Development in Central Scottsdale (Berry Riddell & Rosensteel)

Scottsdale Development Review Board approved plans for The Enclave at Borgata, N/NWC Scottsdale Rd & McDonald Dr in Central Scottsdale.

Antera Development LLC plans to redevelop a +/-5-acre site to build a 90-condo multifamily project. Plans include construction of three separate four-level buildings.

Scottsdale AZ

10-Unit Las Casitas Apartments in Central Phoenix Sells for $425K

Las Casitas Apartments, a 10-unit multifamily property at NW/NWC 15th Ave & Camelback Rd in Central Phoenix, sold for $425,000.

Cooper, Cardinal and Company’s Gary R. Cooper and Jack A. Cardinal represented the seller (undisclosed).

Velocity Retail Group Transaction Report: Cabin Modern Whiskey Bar Leases 6.5K SF at Park West in Peoria


Cabin Modern Whiskey Bar leased 6,500 square-feet of retail space at Park West, NWC Loop 101 & Northern Ave in Peoria.

Diamond Properties’ Chip Diamond represented the tenant, Cabin Modern Whiskey Bar.

Velocity Retail Group’s Michael Clark and John Jackson represented the landlord.

Several other transactions also reported...

SkySong’s Largest Tenants

Phoenix Business Journal’s list of the largest tenants at SkySong, SEC Scottsdale Rd & McDowell Rd in South Scottsdale.

• ASU: 79,994 SF

• Ticketmaster: 33,335 SF

• Yodle: 26,521 SF

• Workiva: 16,245 SF

• Adaptive Curriculum: 13,290 SF

Alliance of Arizona Nonprofits Relocates to Legacy Place in Central Phoenix

Alliance of Arizona Nonprofits announced the company relocated their office to Legacy Place at 360 E Coronado Rd in Central Phoenix (N/NWC 7th St & McDowell Rd).

News of the move is also included on Lee & Associates’ Coppola-Cheney website, While the team does not make any statements about representing any of the parties involved, it’s likely they played a role.

Bahia Work Live Play Project Scheduled for Review

The Scottsdale Planning Commission is scheduled to review the Bahia Work Live Play project request on Nov. 12, 2014.

Catclar Investments LLC plans include developing a mix-use project featuring loft-style residential units above 64 ground-level offices.

Scottsdale AZ