Journal of Business
Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com
RANDL Industries Inc., a Spokane Valley maker of sheet-metal components for electrical boxes, has leased 6,000 square feet of floor space in the Spokane Business & Industrial Park, at 3808 N. Sullivan, and moved there from smaller quarters at 9618 E. First. Dean Stuart, of Crown West Realty LLC, handled the transaction.
www.phoenix.dbusinessnews.com
Phoenix – Petrus Partners Ltd. (“Petrus”), in association with Voyager Investment Properties, LLC (“Voyager”) of Scottsdale, AZ (Mark Voigt and Dave Rogers, Principals), purchased Phase IX (“Palm IX”) of the Palm Valley master planned community for $3.9 million. Palm IX includes 145 acres of zoned and approved Residential and Commercial Land with utilities to the site. The seller was Southwest Solar Technologies, Inc. and the sale marked Petrus’ 10th acquisition of residential land in the Phoenix M.S.A. since October 2008. Mike Ratliff, Dave Headstream, and Jason Hyams of CB Richard Ellis represented the seller.
Palm Valley, a successful 9,000-acre master-planned community developed by SunCor Development Co., includes exclusive gated single family subdivisions, a variety of mid-range single family subdivisions, a 1,400 acre business park
by Craig Howard, News Editor
Spokane Valley Herald / Spokane Valley Online
In the true spirit of industriousness, the Habitat for Humanity retail store is moving to a new site in the Spokane Business & Industrial Park.
The 32,000-square-foot venue at 3808 N. Sullivan Road in Spokane Valley will represent the merging of Habitat's store at Trent Avenue near the Gonzaga University campus and a Spokane Valley location at Sprague and Bowdish that opened in December 2008. The upgraded facility - which will still feature the same variety of building surplus materials, household items, antiques and knickknacks - is scheduled to open April 1.
"This is a clean, bright building and it's new," said Gary Ragsdale, Habitat store manager. "we're getting feedback from people who say they wouldn't go
PHOENIX - Petrus Partners Ltd. (“Petrus”), in association with Voyager Investment Properties, LLC (“Voyager”) of Scottsdale, AZ (Mark Voigt and Dave Rogers, Principals), has purchased for $1.2 million 50 residential lots (55’ x 115’) in the Canyon Trails master planned community in Goodyear. The seller was an affiliate of Stearns Bank N.A. and the sale marked Petrus’ eighth acquisition of bank-owned residential R.E.O. in Phoenix since October 2008. Michael Martindale and Todd Vesledahl of CRA Ltd. represented the seller.
Continental Homes, now part of D.R. Horton, Inc., began developing Canyon Trails in 2000-01. Since then, a range of homebuilders have built out over 70% of the 2,000-acre project primarily by offering homes for the move-up segment. Canyon Trails enjoys easy access to downtown as well as
www.businesswire.com/news
RALEIGH, NC - Coca-Cola Bottling Co. Consolidated today announced it will open a new sales and distribution center in the Carolinas Distribution Center in Clayton. The 233,000 square foot replaces the company's existing 90,000 square foot building on South Wilmington Street.
"We are very pleased to be expanding our operations in the Raleigh market, more than doubling the size of our distribution center to better serve our customers in the Triangle," said Lauren Steele, Coca-Cola Consolidated spokesman.
The new sales and distribution center will serve the company's customers in Wake, Johnston, Franklin, Harnett, Orange and Chatham counties. All of the company's 184 local employees will move to the new facility.
The existing Raleigh Coca-Cola facility in South Raleigh was built in 1957 as a production and distribution
Journal of Business
Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com
Zome Design LLC, an apparel screen-printing and embroidery company, has leased 8,000 square feet of floor space in the Spokane Business & Industrial Park, at 3808 N. Sullivan, and has moved its production operations there from smaller quarters at 1821 W. Fifth. Chase Breckner of Crown West Realty, and Erik Nelson, of Kiemle & Hagood Co., handled the lease.
PHOENIX -Petrus Partners Ltd. (“Petrus”), in association with Voyager Investment Properties, LLC (“Voyager”) of Scottsdale, AZ (Mark Voigt and Dave Rogers, Principals), has purchased for $2.08 million 88 residential lots in the Cortessa master planned community in Waddell. The seller was an affiliate of Stearns Bank N.A. and the sale marked Petrus’ seventh acquisition of bank-owned residential R.E.O. in Phoenix since October 2008. Michael Martindale and Todd Vesledahl of CRA Ltd. represented the seller.
The Cortessa lots are in a master-planned community located in Waddell, an unincorporated area of Maricopa County, east of White Tank Mountain Regional Park, north of the Town of Buckeye and south of the City of Surprise.
Stardust Development of Scottsdale, AZ originally developed Cortessa through the preliminary plat phase and sold
PHOENIX - Petrus Partners Ltd. (“Petrus”), in association with Voyager Investment Properties, LLC (“Voyager”) of Scottsdale, AZ (Mark Voigt and Dave Rogers, Principals), has purchased for $2.0 million 67 residential lots in the Blossom Hills Two subdivision in Phoenix. The seller was JPMorgan Chase, N.A. and the sale marked Petrus’ sixth acquisition of bank-owned residential R.E.O. in Phoenix in the past two years. Brent Moser and Brian Rosella of Cassidy Turley BRE Commercial represented the Seller.
Blossom Hills Two constitutes 67 residential lots located in the South Mountain submarket of Phoenix, eight miles southeast of the Central Business District. South Mountain Park, encompassing 16,000 acres, runs along the southern boundary of the neighborhood and offers appealing mountain views. Given the proximity to downtown Phoenix, homebuilders have
Ed Clark's How's Business
Spokane Edition
Ed Clark / info@spokanehowsbusiness.com
Zome Design, LLC, a silk screen company, has leased approximately 8,000 square feet of space in Building #3 of the Spokane Business & Industrial Park, at 3808 N. Sullivan Road in the Spokane Valley. The business, owned by Brayden Jessen, offers screen-printing, embroidery, tackle-twill and more.They can print from one garment to one hundred thousand. Zome Design also specializes in web solutions offering design and development, hosting, e-commerce and search engine optimization. Zome Design's phone number is 509-279-2034. The Website is zomedesign.com. The lease activity was completed by Chase Breckner, marketing specialist at the Spokane Business & Industrial Park and Erik Nelson of Kiemle & Hagood Company.
by Bert Caldwell
Here's the Dirt Weekly Report
The Spokesman Review
Satellite entertainment company DirecTV, Inc. has leased 10,600 square feet in Building 33 of the Spokane Business & Industrial Park, at 3808 N. Sullivan Road.
The company is using the building to store equipment and supplies.