New Senior Care Facility Planned For Arrowhead Ranch
The $2.23 million sale of the commercial land parcel on the northwest corner of Bell Road and 67th Avenue was just completed by Colliers International. A new senior care facility called Orchard Pointe at Arrowhead is planned for the 3.95 acre lot. Glendale Heritage of Heritage Communities LLC, the purchaser of the land, is planning on building Orchard Pointe as its second Heritage Community in the Valley, with the first being in Surprise. The center will provide care to all l
One | Hundred | Mill Coming Soon to Downtown Tempe
The City of Tempe is working with Hayden House Tempe, LLC, which according to AZ Big Media, is a partnership between Douglas Wilson Companies of San Diego and Hensel Phelps Development LLC of Greely, Colorado, to develop a new project on the corner of Mill Avenue and Rio Salado Parkway. The name of the new mixed-use development is One | Hundred | Mill, a play on the actual address of the property which is 100 S. Mill Ave. The project is a $190 million mixed-use creative prope
Arizona Commercial Real Estate Market on the Rise
The Phoenix office sector has seen strong growth as the overall economy has continued to improve. The Valley is considered a very attractive place for firms to relocate to as reported by Site Selection magazine. Phoenix topped other Western cities like Seattle, Denver, Salt Lake City, Los Angeles and San Francisco. Construction, sales and rent are all gaining momentum, while leasing has stayed stagnant. This trend can be explained in part by the slow office space job growth a
Commercial Executive - April 2015
Commercial Executive Magazine features Helix for the acquisition and leasing of a new corporate center building in Scottsdale, AZ. Click here to read more. #commercialrealestate #realestatetrends #property #phoenixvalley #scottsdale #Phoenixcommercialrealestate #leasing #realesate #crephoenix #helix
Sheraton Phoenix Downtown Hotel to be Sold in Light of Financial Trouble
After careful consideration, the city of Phoenix is in talks of selling the Sheraton Phoenix Downtown Hotel in favor of a new downtown arena for the Phoenix Suns. The hotel has seen an extreme loss of approximately $38 million since opening in 2008, and the future of the its performance does not look promising. According to Tim Gallen from the Phoenix Business Journal, the city owes about $330 million on the Sheraton, but estimates suggest its value only ranges between $175 m
AZRE - March 2015
AZRE features Helix for acquiring a new headquarters and expanding services. Click here to read more from AZRE. #helix #commercialrealestate #Phoenixcommercialrealestate #crephoenix #commercialrealestatetrends
Commercial Real Estate Ties to Small Business Recovery
A recent article on Globest.com analyzes the correlation between real net job and wage growth and economic health for the commercial real estate industry and other US industries - identifying needs for future economic health for the US market. With the second quarter of 2015 ready to begin -economists can safely share that the US recovery is underway from the troubles of the 2008 - 2009 financial crisis. Commercial real estate is an example of this. Prices on on the rise, Cap
Helix Properties Aquires & Relocates to New Headquarters, Expands Services
7,500 Square Foot Office Building Will House Helix Brokerage, Development and Property Management Companies PHOENIX – Helix, an Arizona-based commercial real estate investment, development, brokerage and management Company, recently acquired its new headquarters office complex and also expanded its service offerings. Located at 3335 E. Indian School Road in Phoenix, the new headquarters includes two office buildings. Helix will operate its brokerage, development and property
