Tag: Camelback Collective

Stifel signs 10-year lease at Camelback Collective

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One of the country’s premier investment firms is moving its Phoenix office to a premier location in the Camelback Corridor’s newest office project.  Stifel, Nicolaus & Company, Incorporated (“Stifel”) is a full-service wealth management and investment banking firm established in 1890. It is the primary broker-dealer subsidiary of Stifel Financial Corp., a diversified financial services holding company that conducts its business through several wholly-owned subsidiaries.

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AC Hotel opens second Valley property; this time in upscale Biltmore area

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A new AC Hotels by Marriott has opened in Phoenix’s upscale Biltmore area, and it looks to cater to both business and leisure travelers.

The 160-room AC Hotel Phoenix Biltmore is part of the Marriott International (Nasdaq: MAR) brand that has heavy European influences. The property, at 2811 E. Camelback Road, had a soft opening in October and held a grand opening event on Nov. 8.

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

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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.

 

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