CHANDLER - Not every office concept can be a win-win-win for owners, brokers, and tenants, but spec suites - Richly finished new office space geared to small businesses that require less than 10,000 square feet - are the ideal solution for owners to construct, brokers to lease, and tenants to occupy.
In The News
SUN CITY - ViaWest Group has sold Grand Retail Plaza, a premier multi-tenant strip center located at 9827 W. Grand Ave. in Sun City, Ariz., for a total consideration of $1.3 million. The property was 100% leased at time of sale.
CBRE Negotiates $11.1 Million Sale of Two Premier Class A Office Buildings from ViaWest Group to Mel...
PHOENIX - Via West Group has sold two premier class A office buildings in the Phoenix metro area for a total consideration of $11.1 million. CBRE negotiated the sale to Melear Development of the +/- 24, 154-square-foot Perimeter Parkview Corporate Center at 8355 E. Hartford Drive Scottsdale, Ariz.
PHOENIX - SWRE Deal IV LLC, an entity formed by ViaWest Properties (Gary Linhart, Steven Schwarz) in Phoenix, sold 102 condos at the Timberline Place condominium community at 4343 E. Soliere Ave. in Flagstaff to Clear Sky Timberline LP, an entity formed by Clear Sky Capital (Marcus Kurschat) in Phoenix.
CHANDLER - CBRE represented the seller in the sale of San Tan Tech Center located at 145 S. 79th St. in Chandler, Ariz. The 129, 187-square-foot, Class A property building was purchased by leading local, commercial real estate firm, Via West Group (Steven Schwarz) for $9.6 million ($74 PSF).
TEMPE - ViaWest Group in Phoenix sold Warner Business Center at 1121, 1131, 1221, 1231, 1241 W. Warner Road, and 8905, 8930 S. Beck Ave. in Tempe to Warner Business Center I LLC and Warner Business Center 4 LLC, both entities of Voit Real Estate Services, for $40 million.
PHOENIX - Newmark Grubb Knight Frank (NGKF) represented Anthem Education Group in two lease transactions, including a new 12-year lease for The Bryman School on a vacant 38,086-square-foot office building at 9215 N. Black Canyon, and a 17,455-square-foot renewal.
TEMPE - Adding to its growing portfolio, ViaWest Group, along with joint-venture partner Contrarian Capital Management, has successfully acquired Warner Business Center through a credit bid at the trustee sale. The joint venture had purchased the debt and completed the foreclosure process.
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.