CARLSBAD, Calif. – Oct.12, 2018 – Further diversifying its portfolio, Capstone Advisors announces the completed acquisition of a two-building flex industrial property in Phoenix, Arizona. Acting on strong growth fundamentals and promising market dynamics, Capstone Advisors, a diversified real estate investment, development and advisory firm based in Carlsbad, Calif., acquired First Rose Garden, a two-building flex industrial property in the Deer Valley submarket of Phoenix. The 73,317 square-foot property is located at 21002 North 19th Ave. and 1950 West Rose Garden Lane and was purchased for $6.6 million. (Read More)
Commercial Property Executive – Midtown and downtown Phoenix are experiencing growth in terms of retail space. Hurley Plaza is a shopping center located at 540 W. McDowell Road, on the northeast corner of 7th Avenue. JLL’s Phoenix office managed to sign four new leases, bringing the building to 100 percent occupancy…Read More