Just because you do not take an interest in politics doesn’t mean politics won’t take an interest in you!
– Pericles (430 B.C.)
Mike Sunnucks- Senior Reporter-Phoenix Business Journal Dec 26, 2013, 12:35pm MST
Los Angeles-based Lowe Enterprises has bought two class A office buildings in Phoenix and Scottsdale for $51 million.
Lowe and investors advised by JP Morgan Asset Management bought the Scottsdale Financial Center III off Indian School Road in Old Town Scottsdale for $24.7 million and another office building near 40th Street and Camelback Road for $26.4 million.
The Scottsdale building totaled 152,100 square feet while the 40th Street building comes in at 175,200 square feet.
Orange County-based CJK Investments was the seller. CBRE’s Phoenix brokers Jim Fijan and Will Mast negotiated the sale.
A hospitality arm of Lowe owns the Royal Palms Resort and Spa and Tempe Mission Palms resort in the Phoenix area.
Mike Sunnucks writes about politics, law, airlines, sports business and the economy.
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Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Investment Properties in Phoenix.
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Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial Investment Real Estate Broker in Arizona now for 20 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial landspecialist in Phoenix and a Landspecialist in Arizona.
WHETHER YOU LEASE OR OWN
NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.
we are at on the a rise of the cycle in Commercial Real Estate. so there is only one way and it’s called we are going up and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix. The prices on deals I may get you will not be around forever.
WAITING TO SELL YOUR LAND ? TIMES CHANGE / IT’S TIME
We barely could give land away the last few years, but times are changing. Even in those meager years, I sold more land across the state than most other brokers. Before the real estate crash I was a land specialist in Arizona with millions of dollars of transactions, but then I had to change and also sell other commercial investment properties, which was fun, but I am a Commercial Landspecialist in Arizonal, a Commercial Land Specialist in Phoenix and love to sell land, one acre to thousands of acres.
If you have any questions about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207 or Office:480-948-5554
PLEASE NOTE, I CHANGED BROKERAGES BUT CELL PHONE AND E-MAIL STAY THE SAME.
Thank You
Walter
Walter Unger CCIM
Associate Broker, West USA Commercial Real Estate Advisers
7077 E. Marilyn Road, Bldg 4, Suite 130
Scottsdale, AZ 85254
Cell: 520-975-5207
Office : 480-948-5554
Fax: (480-658-1172
View my listings and my profile at:
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a little about me and my expertise – video
commercial-investment real estate adviser-land specialist
https://www.youtube.com/watch?v=PPs3kpKR4nY
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