Archive for the 'Chandler' Category

Arizona Real Estate Highlights

Mike Padgett -

Nov. 1, 2008 Seattle luxury homebuilder opening in Arizona A luxury builder active in Washington state for more than 40 years is offering seven new homes in Carefree, an upscale suburb of Phoenix. Seattle-based Chaffey Homes opened its sales office Oct. 30 in its Casa Serena model, which has 4,264 square feet of livable space. […]

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Downtown Walkabout: City of Chandler

Mike Padgett -

Oct. 21, 2008 (Writer’s note: Downtown Phoenix rules the school these days, with the headlines dominated by the new Metro light rail, the expanded Phoenix Convention center, the new 1,000-room Sheraton Phoenix Downtown Hotel, Arizona State University’s expanded downtown campus and other new developments. But there is more to the Valley than Phoenix. Over the […]

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Metro Phoenix’s rising office vacancy rates expected to worsen

Mike Padgett -

Oct. 20, 2008 Office space vacancies are highest in several suburbs of metro Phoenix, with total regional rates expected to worsen by mid-2009, according to new numbers released by Cushman  & Wakefield of Arizona. The metro region’s overall vacancy rate rose to 18.8 percent at the end of the third quarter 2008, up from 14 […]

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Space technology company expanding in Chandler

Mike Padgett -

Oct. 14, 2008 Orbital Sciences Corp. plans to expand its presence in Chandler, where it already employs 1,300 full- and part-time employees. The space technology company has signed a 10-year lease, negotiated by CB Richard Ellis, for a new 82,000-square-foot build-to-suit facility at 3377 S. Price Road. It will built on land adjacent to Orbital’s […]

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Metro Phoenix’s East Valley, with fuel at $5 a gallon

Mike Padgett -

Sept. 30. 2008 A look at the future of the East Valley with fuel prices reaching $5 a gallon will be enlightening, and probably painful. That’s the topic the East Valley Partnership is offering, along with a lineup of powerhouse experts, at a Nov. 6 gathering at The Buttes, a Marriott Resort in Tempe. The […]

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San Diego group buys central Phoenix apartment property

Mike Padgett -

Aug. 13, 2008 A private capital group in San Diego is the new owner of a central Phoenix apartment complex across the street from the Phoenix Country Club. ColRich paid $5.2 million to the seller, Newcastle Investments of Phoenix, for the Executive Plaza Apartments at 550 E. Earll Drive. The garden-style multifamily property is across […]

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Phoenix light rail system 92 percent complete

Mike Padgett -

Aug. 5, 2008 Like most other parts of the local economy, interest in redevelopment along the $1.4 billion light rail system in metropolitan Phoenix has cooled. But much could change by the end of this year. December is when three major downtown Phoenix projects will be finished: the $1.4 billion light rail system; the $350 […]

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New home prices nearing bottom in Phoenix

Mike Padgett -

July 25, 2008 Stability in the prices of new homes in metro Phoenix is on the horizon, but resale prices will continue slipping, said R.L. Brown, publisher of the Phoenix Housing Market Letter. He added that although investors remain active in the market, this time they’re likely using their own money, instead of lenders’, and […]

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Major New York developer opening Phoenix office

Mike Padgett -

July 23, 2008 A company that owns, develops and manages key commercial real estate properties across the United States is opening its first office in Phoenix. Rockefeller Group Development Corp. has named Mark Singerman of Phoenix to run the office at 2375 E. Camelback Road. Singerman is joining RGDC as a regional director. His immediate […]

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