Regions Southwest
Ryan Cos. to Break Ground On  Phoenix Project
May 2, 2008

Grubb & Ellis|BRE Commercial L.L.C. has announced its client, Ryan Cos., has closed on the sale of 4.8-acres of land at 3900 E. Camelback Road and is ready to break ground on 3900 Camelback Center, a 177,500-square-foot Class A office development in Phoenix. Ryan Companies purchased the land from RK Buckeye L.L.C. One of only two new office developments within the Camelback Corridor in the past seven years, 3900 Camelback Center is a three-story building wth two levels of underground parking. The center will be the first LEED certified building” within the corridor. Construction is expected to be completed during the fourth quarter of 2009. 

 
Recent Southwest Headlines
Correction: Shops at Vineyard Village Lists for $43M in Texas
July 19, 2008
An item here yesterday stated that on behalf of the seller, Marcus & Millichap Real Estate Investment Services had sold for $43 million the Shops at Vineyard Village, a 208,000-square-foot shopping center in Euless, Texas.
Lake Las Vegas Vegas-Area Resort Developer Files for Bankruptcy
July 18, 2008
A sluggish economy coupled with housing market woes nationwide trickled down to the robust Las Vegas housing market, contributing to the filing to reorganize under Chapter 11 bankruptcy for Lake at Las Vegas Joint Venture L.L.C., the master developer of the Lake Las Vegas Resort.
terminal Vegas Airport Awards $1.2B Construction Contract
July 17, 2008
Las Vegas's McCarran International Airport has awarded a $1.2 billion construction contract to Perini Building Co.
Grubb & Ellis Sells Texas Office Property
July 17, 2008
Grubb & Ellis Realty Investors L.L.C. announced the disposition of 1410 East Renner Road, a two-story office building in the Dallas suburb of Richardson, on behalf of tenant-in-common investors.
Trademark Buys Padre Staples Mall in Texas, Plans $50 Renovation
July 16, 2008
Trademark Property purchased Padre Staples Mall in Corpus Christi, Tex, the company said today.