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Land Advisors Organization - Tucson Closes $1.6M Lot Deal in Gladden Farms

Press Contact:
Theron Neff
Land Advisors Organization
tneff@landadvisors.com
(480) 483-8100

Land Advisors Organization – Tucson Closes $1.6M Lot Deal in Gladden Farms

TUCSON, AZ, January 5, 2016 — The Tucson office of the Land Advisors® Organization (LAO), a premier nationwide land brokerage firm, announced today the successful closing of 89 platted and engineered lots in the Gladden Farms master planned community. Located along Tangerine Farms Road just west of Interstate 10 in Marana, Arizona, the Gladden Farms community consists of over 1,250 homes situated within lushly landscaped greenbelts.

Land Advisors Organization brokers Will White and John Carroll negotiated this transaction, representing the seller.

The platted and engineered lots were sold by Gladden Phase 1, LLC and was purchased for $1,682,100, by Meritage Homes. Development activity on

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Click Distributing East relocates to new bigger distribution center

Inland Northwest Business Watch
www.inlandnwbusiness.com

SPOKANE, WA- The wine and craft beer industry continues to be a strong spot in our local economy, which likely plays a big part in the recent relocation and expansion of Click Distributing East's distribution center and office's in the Spokane Business & Industrial Park. However they didn't move very far, Click moved from building 18 to building 29 still in the Business Park. But there space is now much larger, in fact the new space is almost double the size of their old space. Click had occupied 21,000 square feet and now has 40,000 square feet.

In addition to all new building space they also have new, more convenient cold storage area. Their space is equipped with a 4,000 square foot, 1

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Avesis signs lease for 55,000+ SF at Corporate Center

AZ Big Media
www.azbigmedia.com

PHOENIX, AZ- Cushman & Wakefield has announced that locally based Crown West Realty has leased 55,501 square feet to Avesis Inc. for the new tenant’s corporate headquarters at Corporate Center, located at 10400 N. 25th Ave.

Cushman & Wakefield Senior Directors Tim Whittemore and Mike Sayre represented Crown West Realty in the transaction. Todd Noel with Colliers represented Avesis.

Corporate Center, which totals 109,332 square feet in the growing Metrocenter submarket, is now 50% leased. Avesis is relocating its corporate headquarters and regional sales office from 3030 N. Central Ave. and 4451 E. Oak St. in October. Avesis is a national vision company that contracts with optometrists and ophthalmologists to provide members the freedom to choose from thousands of providers in a nationwide network.

“Avesis was

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Lamination Technologies Industries Inc.

Journal of Business

Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com


SPOKANE - Lamination Technologies Industries Inc., a White City, Ore.-based manufacturer of laminated panels, doors, and decorative components, has leased 40,000 square feet of space in the Spokane Business & Industrial Park, at 3808 N. Sullivan Road, and has moved its Spokane-area operations there from similiar-sized quarters at 1611 N. Molter Road. Chase Breckner of Crown West Realty LLC, handled the lease.

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Shower Enclosures opens new distribution center

Journal of Business
Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com


SPOKANE - Hoskin & Muir Inc., a Livermore, Calif.-based specialty distributor doing business as HMI/Cardinal Shower Enclosures, has leased 13,300 square feet of space for a new distribution center in the Spokane Business & Industrial Park, at 3808 N. Sullivan Road.. Chase Breckner of Crown West Realty LLC, handled the lease.

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Cosentino Center to move to larger quarters in Valley

Journal of Business

Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com


SPOKANE - C&C North America Inc., a Sugarland, Texas-based distributor and retailer of natural and manufactured stone surfaces, doing business here as Cosentino Center, has leased 22,600 square feet of space in the Spokane Business & Industrial Park, at 3808 N. Sullivan, and plans to move its Spokane Valley operations there in August from smaller quarters at 10717 E. Montgomery Drive. Chase Breckner of Crown West Realty LLC, handled the transaction.

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Hytest Safety leases Sullivan Road site

The Spokesman Review

Spokesman.com

Treva Lind, correspondent


The Dirt:

BC Sales Co., doing business as Hytest Safety Footwear, has leased about 1,250 square feet of space at 3012 N., Sullivan Road, in the Spokane Business & Industrial Park. The company provides industrial safety footwear and safety supply sales.

Chase Breckner of Spokane BUsiness & Industrial Park assisted with the lease..

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Spokane Industries taps niche

Journal of Business
By Kim Crompton


SPOKANE, WA-Spokane Industries, Inc., the longtime castings and metal fabricated product manufacturer here, says it's experiencing mostly steady sales growth companywide and finding encouraging market expansion opportunities in its custom stainless steel fabrication division.

In particular, it points to the successes it's had to date in tapping niche demand for large beverage tanks that it's producing for storing and processing wine, beer, and spirits, and for its mobile aviation vacuum fuel drain systems.

One of its newest products targeting the wine industry is the CleanSweep No Entry Fermenter, which it makes available on tanks of 25-ton capacity or larger. The system enhances worker safety and improves efficiency, the company says, by removing pulpy grape residue mechanically with the touch of a button, eliminating

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True North/Crown West drops $29.925 million for office/flex space at Cotton Center

BREW
Business Real Estate Weekly of Arizona
www.brewaz.com

Phoenix, AZ - A joint venture formed by True North Management Group in White Plains N.Y. (Desmond McGowan, principal) and Crown West Realty, LLC in Phoenix (Bob Olshan, pres.) paid a combined $29.925 million ($113.15 per square foot blended average) to acquire 264,424 sq. ft. of office and flex space located within the Cotton Center business park in Phoenix.

The sellers in two cash transactions were commercial mortgage backed securities (CMBS) managed by LNR Partners LLC in Miami Beach, Fla. The assets were sold through www.auction.com. The property sales were negotiated through Eric Wichterman and Mike Coover of DTZ in Phoenix.

In the larger of the two transactions, Cotton Corporate Center JVE - Flex LLC (True North/Crown West entity) paid $17.8

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Schultz Ranch subdivision clears hurdle

www.nevadaappeal.com

John Barrette

jbarrette@nevadaapeal.com

The initial phase of a 424-house subdivision at Carson City's south edge moved a big step closer to real activity this year due to a Thursday vote by the Board of Supervisors.

That word came from Dean Wingert, who heads Crown West Land Group and is vice president of Crown West Realty, LLC, both in Arizona, after the unanimous board tally to approve and accept the Schultz Ranch landscape maintenance district petition and the Schultz Ranch maintenance district development agreement. The first phase envisions 100 lots, but delays the craft petition and agreement language to suit board members and others took longer than expected.

Board members still posed a host of questions before their approving vote, but in the end Supervisor Lori Bagwell summed up

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