Category: News articles

Camelback Collective will be redeveloped at 28th and Camelback

Tags: , , ,

A prominent ±3.62 acre infill, redevelopment site located in the prestigious Camelback Corridor area of Phoenix has sold for $17.475 million, or $111 per sq. ft. of land.

The property, located at 2801 and 2845 E. Camelback Road, was acquired by a joint venture of  Las Vegas-based developer LaPour Partners, Inc. and Holualoa Companies, headquartered in Tucson. Jim Fijan and Will Mast with CBRE’s Phoenix office represented the seller, Phoenix-based Daily Double, LLC, in the sale.

Click Here for Article

Breaking: former Canyon Ranch, Miraval, Two Bunch execs form new wellness hospitality company

Tags: ,

A group spa industry veterans have come together to create a new hospitality and real estate company, Civana, based around sustainable wellness through an affordable travel and lifestyle platform.

Led by Kevin Kelly – who was former Canyon Ranch president and chief branding officer, and most recently was CEO and co-owner of California’s Two Bunch Palms – Civana will bring together wellness programming, sustainable design and hotel asset and property management.

Click Here for Article

SkySong 4 building awarded Silver LEED certification AZRE

Tags: , ,

SkySong 4 has joined its fellow office buildings in the project in a very “green” club — and continues to set the standard for office work space innovation.

The four-story, 145,000-square-foot office and research building at the intersection of SkySong Boulevard and Innovation Place has achieved Silver LEED certification from the U.S. Green Building Council for its sustainable design and construction.

LEED—Leadership in Energy and Environmental Design—is a certification program that sets the standard for environmentally responsible construction in the U.S. Buildings are measured based on the number of points they earn across the categories of green building, such as energy, water, indoor environment, location and materials.

Click Here for Full Article

UTAH INVESTOR SPENDS $31 MILLION FOR SCOTTSDALE ROAD RETAIL PLAZA- BREW AZ

Tags: , ,

Scottsdale – Woodbury Corp. in Salt Lake City, Utah (O. Randall Woodbury, pres.) paid $31 million ($191.05 per foot) to acquire a 162,259-square-foot shopping center at the northwest corner of Scottsdale and Thunderbird roads in Scottsdale. The seller was Holualoa Scottsdale Retail LLC, a company formed by Holualoa Arizona Inc. in Tucson (Mike Kasser, principal).

SkySong, The ASU Scottsdale Innovation Center Receives Two Best of NAIOP

Tags: , ,

SCOTTSDALE, Arizona—SkySong, The ASU Scottsdale Innovation Center recently received two prestigious awards from the National Association of Industrial and Office Properties, Arizona Chapter (NAIOP) — Economic Impact Project Of The Year and Spec Office Project Of The Year for 2016.

The Best of NAIOP event is dubbed the “Academy Awards” for the commercial real estate industry. Nominations for 2016 were reviewed and rated by a panel of NAIOP judges whoselect the best in a variety of categories from building to individuals

Click Here for Full Article

 

HOLUALOA/LAPOUR VENTURE BUYS CAMELBACK ROAD SITE PLANNED FOR OFFICE-HOTEL PROJECT-BREW AZ

Tags: , ,

Phoenix – LaPour Partners Inc. in Las Vegas, Nev. (Jeff LaPour, principal) has teamed up with Holualoa Companies in Tucson (Mike Kasser, principal) to develop a $75 million office-hotel project at the southeast corner of 28th Street and Camelback Road in the Biltmore area of central Phoenix. In November, BREW reported LaPour Partners agreeing to acquire the 3.618-acre (net) site, and working to obtain zoning approval for the mixed-use project. Fast forward one year. Zoning is in place.  And in a cash sale, Camelback Collective Holding LLC (LaPour/Holualoa entity) paid $17.475 million  to purchase the property.

 

Tucson • Los Angeles • Kailua-Kona • Phoenix • Paris