Tag: Holualoa Companies

Camelback Collective will be redeveloped at 28th and Camelback

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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.

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Park Central Mall Purchase Closes, Renovation Plans Unveiled

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Park Central Mall Purchase Closes, Renovation Plans Unveiled

Plaza Companies, Holualoa Companies Complete Purchase of 337,000 Square Feet;

Purchase and Improvements Valued at $57 Million

PHOENIX, Arizona (date, 2017) — Plaza Companies and Holualoa Companies have completed the purchase of a significant portion of the iconic Park Central Mall in Phoenix, and have unveiled plans for renovation of the property.

The overall price of the purchase and expected renovations is approximately $57 million, and construction work will begin on the transformation effort in the coming weeks. The new ownership group is working with architect richärd+bauer and DPR Construction to reinvent Park Central by converting it into a modern, mixed-use, competitive economic engine for the Valley of the Sun.

Already, the team has developed a new brand identity for Park Central that will be implemented throughout the site as part of the redevelopment — the new look, along with extensive renderings and the new project site plan, can be viewed on the project’s new web site, www.parkcentralphoenix.com.

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Prominent Local Real Estate Firms to Purchase, “Reinvent” Park Central Mall

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PHOENIX, Arizona (September 12, 2017) — It’s a change that has been decades in

coming for one of central Phoenix’s most iconic properties. But the time for a new Park Central

is now.

Two of Arizona’s most prominent commercial real estate firms — Plaza Companies and

Holualoa Companies — have teamed up to purchase a significant portion of the Park Central

Mall site, once one of the Valley’s premier properties and one that has long been a target for

redevelopment.

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

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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.

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SkySong 4 building awarded Silver LEED certification AZRE

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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.

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

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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

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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

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2017 Property Sales

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Holualoa sells 40% of The Review Avenue self-storage facilty in Queens, New York City sold on January 4, 2017.

Holualoa sells The 120-unit Dakota Canyon Apartments in Santa Fe, New Mexico, on April 6, 2017.

Holualoa sells The 33-unit Jentilly Rental Townhomes in Tempe, Arizona,  on April 24, 2017.

Holualoa sells The 162,000 SF Scottsdale Towne Square shopping center in Scottsdale, Arizona, on April 27, 2017.

Holualoa Companies Property Acquisitions 2016

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Holualoa acquires  The Mint,  42‐unit, historically significant, Class‐A, multifamily property located in the City West neighborhood in Downtown Los Angeles .

Holualoa acquires 388 Cordova – On July 28, 2016, the joint venture acquired an eight-story, 121,656 SF vacant office tower with an adjacent 340 space, four-story, parking structure in downtown Pasadena, California. . The office tower into 73 condo units on floors three through eight with ground floor retail space (9,307 SF), and second floor office space (15,300 SF). 58 residential units around the existing parking garage.

Holualoa acquires the majority  348 Estabrook, a 38-unit, apartment property in San Leandro, California on January 4,2016. The units will be renovated during the first 12 months of ownership.

Holualoa acquires Arrowhead Executive Center, a 99,062 SF multi-tenant office property in Glendale, Arizona  on March 31, 2016.

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