Entries by Travis Williams

TEMPE OFFICE PROPERTY SELLS FOR $3M

TEMPE – A 118,355-square-foot office property in Tempe has sold to ViaWest Group for $3 million. It is located at 8375 River Parkway in ASU Research Park. The property is fully occupied by NXP Semiconductors and Wells Fargo. ViaWest plans to renovate the building once current leases expire. Nexus Buy

WEST 101 BUSINESS CENTER SOLD FOR $13.2M

PHOENIX – Carlson Real Estate Co. of Minneapolis sold West 101 Business Center on 95th Ave. on the north side of McDowell Road in Phoenix to ViaWest Group of Phoenix for $13.2 million. Eastdil Secured represented the seller. The buyer was self-represented in the purchase of this 118,853- square-foot multi-tenant. West 101 Buy

VIA WEST GROUP ACQUIRES MULTI-OFFICE ASSET FOR $10.1 M, SEEKS NEW ACQUISITIONS

CHANDLER –  Adding to its growing portfolio of properties, ViaWest Group successfully acquired two commercial office buildings and five office condominium buildings within the Chandler Midway Corporate Center at Chandler Blvd. and Kyrene Rd. The combined purchase price of the short-sale acquisition exceeds $10M. Midway Buy

VIA WEST GROUP BUYS FLAGSTAFF CONDOS FOR $8.2 MILLION

FLAGSTAFF – A condominium complex in Flagstaff has sold for nearly $8.2 million to Phoenix-based Via West Group. Cassidy Turley BRE Commercial brokered the sale of the 102 condos that are located within the 204-unit Timberline Place Condominiums project. Timberline Buy

GLENDALE, AZ BUILDING TRADES HANDS IN $4.3 MIL DEAL

GLENDALE – ViaWest Group has sold a 19.Sk sf free-standing office/industrial building in Glendale, AZ recently developed for Boart Longyear for $4.29 mil ($217/sf). The buyer was an entity formed by Ron Kaufman of The Ron Kaufman Companies in San Francisco. Boart Longyear

TEMPE OFFICE/RETAIL DEVELOPMENT SELLS FOR $4.1M

TEMPE – A joint venture of Via West Properties LLC and Southwest Value Partners paid almost $4.1 million for a mixed-use development in Tempe named the Crossroads at Tempe. Phoenix-based Via West Partners and San Diego based-Southwest Value Partners purchased the three-building office and retail. Crossroads Buy