Archive for the 'Downtown Phoenix' Category

Arizona Real Estate Highlights

Mike Padgett -

Dec. 16, 2008 Medical office building sold Grubb & Ellis/BRE Commercial has announced the $1.9 million sale of a medical office building in Scottsdale. The building at 9745 N. 90th Place was purchased by PG&J Properties LLC from Scottsdale Medical Building LLC. The buyer is a group of local doctors. They plan to relocate their […]

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New computer link between ASU, TGen to transfer data faster

Mike Padgett -

Nov. 12, 2008 A new partnership between Arizona State University and a Canadian company is designed to compress into one hour the 12 days required to transmit volumes of data between the Translational Genomics Research Institute and the university. TGen in downtown Phoenix and ASU’s new Saguaro Supercomputer 2 in Tempe are about 10 miles […]

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National law firm relocating into historic Phoenix building

Mike Padgett -

Nov. 7, 2008 A nationwide law firm’s Phoenix office plans a February 2009 move into the top floor of the historic Luhrs Building at 11 W. Jefferson St. in downtown Phoenix. Hagens Berman Sobol Shapiro LLP is leasing the 9,700-square-foot space, which includes a mezzanine level. “We will get the best of both worlds, with […]

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Arizona Real Estate Highlights

Mike Padgett -

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. The Tranquil Trail […]

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Metro Phoenix’s rising office vacancy rates expected to worsen

Mike Padgett -

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 percent a year […]

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Commercial property vacancy rates climbing in metro Phoenix

Mike Padgett -

Oct. 8, 2008 Vacancy rates are up throughout the metro Phoenix commercial real estate sector, while construction of new buildings continues, according to third quarter analyses released this week. The third-quarter analysis from Colliers International says the challenging economic times “provide an opportunity for all players to come together with a realistic mindset that could […]

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Food for thought: an outdoor downtown Phoenix market, and fading voices

Mike Padgett -

An all-weather outdoor market for downtown Phoenix, a lightning tamer, traveling back in time to interview Mark Twain and Ernest Hemingway, an Irish adventure, and fading voices in the corporate wilderness have my attention this week. All-weather market ideas for Phoenix Now that the 1,000-room Sheraton Phoenix Downtown Hotel is opening, and with the new […]

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‘Sliver buildings’ considered for downtown Phoenix

Mike Padgett -

At least twice in recent years, a bold design for mid-rise office buildings was considered for downtown Phoenix’s architectural palette. The innovative concept is as different from Phoenix’s predictable office buildings as singer Eric Clapton’s jazz is to sleepy elevator melodies. The cutting-edge concept is for a “sliver building,” and it was a welcome change […]

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Playing in Phoenix: Bar salvaged from popular Chicago nightclub

Mike Padgett -

Sept. 24, 2008 One of the coolest artifacts near downtown Phoenix is a piece of Chicago architecture with history. It’s a long wooden bar, probably mahogany or walnut, that Steven and Andi Rosenstein say was the focal point in the Black Orchid Club when the nightspot was on Rush Street. The Rosensteins have installed the […]

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Phoenix business community honors ASU’s Duke Reiter

Mike Padgett -

The business pipeline between Phoenix and Chicago, created generations ago by Windy City retirees wintering in Phoenix, and by the Chicago Cubs training in the Arizona sunshine, has grown a little wider. Wellington Reiter, the former dean of the College of Design at Arizona State University, pointed out the Chicago-Phoenix pipeline during his reception Aug. […]

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