• Skip to primary navigation
  • Skip to main content
       480-612-0384        nick@nickminer.com                     

Nick Miner, CCIM

  • Home
  • News/Blog
  • Properties
    • Listings
    • Recent Transactions
  • Market Reports
  • About
  • Contact
  • Consulting

Commercial Real Estate & Business News – December 7, 2015

December 7, 2015 by Nick Miner, CCIM   No comments   Filed Under: Daily News

Location Drives Retail in Evolving Market
The Metro Phoenix retail market posted its 16th consecutive quarter of declining vacancy. The vacancy rate declined to 11.1% at the end of the third quarter with neighborhood and community centers drawing the most leasing activity. Metro Phoenix recorded nearly 552,000 square feet of occupancy growth during the quarter, bringing the year-to-date total to 984,000 square feet. The Chandler/Gilbert, Scottsdale, Central Phoenix and Northwest Phoenix submarkets accounted for 83% of… Read more »
Prime Property Sold Near Scottsdale Fashion Square
Turf Paradise horse racing track owner Jerry Sims has sold a prime property at Scottsdale and Camelback roads. Simms tells the Phoenix Business Journal he’s sold a commercial property at the southeast corner of the busy intersection across from Scottsdale Fashion Square. Stockdale Capital Partners is buying the property from Simms for $22.6 million… Read more »
Tesla Motors will Move into Tempe Industrial Building
A 42,281 SF industrial building at 2077 E. University Dr., in Tempe has sold for $3,600,000 ($85.14 per SF) and will house a service facility for Tesla Motors, the innovative maker of luxury, electric automobiles. This is the second location for a Tesla service center in the Valley. The other is located in the Scottsdale Airpark. In addition, there is a retail showroom at Scottsdale Fashion Square…. Read more »
LA Fitness Closes Three 24 Hour Fitness Locations
LA Fitness announced several weeks ago that it would be acquiring all 24 Hour Fitness locations in Arizona. Of those 11 24 Hour Fitness centers, three are currently closing their doors. The decision came after LA Fitness executives evaluated club options in the Valley. When they saw that 24 Hour Fitness locations in Mesa, Glendale and Scottsdale were close to LA Fitness centers, they decided to close shop… Read more »
Survey: Realtors Feel Phoenix Real Estate Market Moving Up
The Phoenix real estate market is on solid ground, an Arizona State University survey of commercial brokers said. Every participant in the Commercial Real Estate Broker Forum at ASU’s W.P. Carey School of Business believes the real estate market in Phoenix is moving up. “Ninety percent of the respondents say that we are in an expansion mode,” Mark Stapp, director of the Master of Real Estate Development Program at the W.P. Carey School…Read more »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Nick Miner, CCIM

ORION Investment Real Estate
7150 E. Camelback Road
Suite 425
Scottsdale, AZ 85251

480-226-8037
nick@nickminer.com

FOLLOW NICK ON TWITTER

  • Commercial Real Estate & Business News – April 9, 2021 #Phoenix #AZ #CRE #news https://t.co/jNropekWaV via @nickminer about 21 hours ago
  • SOLD: ARE FREESTANDING RETAIL BUILDING IN ARCADIA LITE TRADES FOR $218/SF #Phoenix #AZ #CRE #donedeal #arcadiahttp… https://t.co/cgVh3gMWDX 09:23:55 AM April 08, 2021
@nickminer

Site Library

SITE CATEGORIES

Sign up for email updates

  • This field is for validation purposes and should be left unchanged.

×