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New Corporate Headquarters for MEB Management Services

PHOENIX, Arizona – ORION Investment Real Estate is pleased to announce the lease of the new corporate headquarters for MEB Management Services.

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New Construction STNL Restaurant Sells for $995 Per Square Foot

Tempe, Ariz. – ORION Investment Real Estate is pleased to announce the sale of a newly constructed, single tenant net leased building in highly sought after Downtown Tempe

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2019 IREM/CCIM ECONOMIC FORECAST RECAP

Like previous years, it is always fun to do a quick bullet point recap for those that were not able to attend. Here I go: Jerry Colangelo presenting the Jerry Colangelo Impact Award

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ORION Sells Golden Corral for $413 per Square Foot

ORION Investment Real Estate is pleased to announce the sale of the 10,015-square-foot Golden Corral in Yuma, Arizona. Selling for $4,131,633, and nearly $413 per square-foot

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ORION Handles Off-Market Land Transaction Glendale

GLENDALE, Arizona – Situated at 6901 West Glendale Avenue, with Glendale Avenue frontage, this approximate one-acre land parcel sold for $350,000, or $8.09 per Square Foot.

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ORION Sells 3.25-acre Scottsdale Site for $2.5M

ORION Investment Real Estate is pleased to announce the sale of the approximate 3.25-acre site located at 2240 North Hayden Road in Scottsdale. It sold for $2.5M to Rob Lyles of Deco Communities.

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ORION Investment Real Estate Negotiates Sale of Retail Pad to Arizona Investor for $4.7 Million

Glendale, AZ –ORION Investment Real Estate is pleased to announce the closing of Union Hills Square, a 11,960–square-foot multi-tenant retail pad, located in Glendale, Arizona. It sold for $4.7 million ($392 PSF)

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Top 200 Experts in the Construction Industry 2019

Our homes are more than structures. They are the places we live, where we shape each day of our lives and help create our futures. As Winston Churchill once said, “We shape our buildings; thereafter they shape us.”

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Scottsdale’s Old Town Gringos building sold to Opportunity Zone investors

Old Town Gringos, a popular Mexican restaurant and bar in Old Town Scottsdale, has a new landlord following the sale of the nearly 60-year-old building for $2.23 million or $755 per square foot.

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Fruta & Co Juice Bar to Open in Chandler, AZ

CHANDLER, ARIZ. – A lease for 1,361 square feet in Chandler Mercado to Fruta & Co Juice Bar was recently consummated. The location of the property is 222 E. Warner Rd in Chandler, AZ. The owner of the center is EC Chandler, LLC.

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ORION Represents Seller in Biltmore Corridor Office Sale

PHOENIX, Arizona – Situated on the southeast corner of Missouri Avenue and 12th Street, this 8,700-square-foot, mid-century style office property closed for $1,275,000, or $147 per square foot. 1215 East Missouri Avenue office

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Biltmore-area shopping center sells for $4.05 million

A small shopping center in the Biltmore area of Phoenix with a 7-Eleven convenience store sold for $4.05 million in September. The four-tenant retail center – named Campbell Shops at 24th on 24th Street just north of Campbell Avenue

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ORION sells Le Cordon Bleu College of Culinary Arts in Scottsdale

The renowned former home of Le Cordon Bleu College of Culinary Arts will soon be redeveloped into an assisted living and memory care facility. Bordering the nationally famous Indian Bend Wash Park, the 110 room, three-story facility will have unobstructed views

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ORION Represents Seller in Glendale Shopping Center $5.85M Closing

GLENDALE, Arizona – Closing for $5.85 million, or $113 per-square-foot, Brittany Square totals approximately 51,554-square-feet and includes two pad buildings. Brittany Square is located at the major signalized intersection of 67th Avenue and Peoria.

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Busy Mesa Retail Center Sold by ORION

Located on Main and 48th Street, Main Street Plaza sold for $2,500,000 ($78 PSF) – 98% of asking price. The busy Mesa retail strip center is situated along Main Street, giving it excellent visibility and exposure.

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Iconic Scottsdale Tennis Club Sells to The Wolff Company for Residential Healthcare Facility

SCOTTSDALE, Arizona – The iconic Scottsdale Tennis Club, with 11 championship tennis courts and pool, will soon be redeveloped into Revel Scottsdale – a refined 159-unit senior community.

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ORION Reps Buyer in 340-unit Chandler Apartment Development Site

The 9-acre agricultural property located west of the northwest corner of Dobson and Frye roads, in the prestigious Price Corridor of Chandler, was recently purchased for $4,400,000. A 340-unit multifamily project, to be named The District at Chandler

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Verde at Cooley Station Coming to Gilbert

SB2-Gilbert, LLC, a commercial real estate investment, development and management company announced a new mixed-use development, Verde at Cooley Station. Located at the southwest corner of E. Williams Field Road and S. Recker Road, this 23-acre project will include restaurants, retail, offices, health and wellness facilities, and apartment residences.

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Former Restaurant Sells and Will be Converted to Office Building

PHOENIX, ARIZ. – A unique building located along Osborn Road, just east of 16th Street, recently sold for $1,190,000 ($242.71/SF). Formerly occupied by Coupe des Tartes restaurant

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ORION Sells Iconic 7 Thousand Shea for $16M

DPC Companies, headquartered in Denver, has purchased 7 Thousand Shea; a mixed-use 145,000 square foot development in Scottsdale, Arizona, adjacent to beautiful Paradise Valley. ORION Investment Real Estate facilitated the sale for $16,000,000, or $110 per square foot.

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