Regions Southwest
Work Commences on 42,000SF Office-Research Structure in Mesa
May 20, 2008

Ground has broken for a new 42,000-square-foot office/biomedical research building at Arizona Health & Technology Park, a 50-acre compound in Mesa, Ariz., featuring biomedical R&D facilities, medical office structures and specialty hospitals. The Alter Group is behind the development of the two-story structure. It will be the fourth building the company has constructed at the park, which is being developed as an alliance between Alter and the Mesa campus of A.T. Still University of Health Sciences. CB Richard Ellis has been charged with marketing space at the project.

 
Recent Southwest Headlines
Colonial Properties Trust Sells 5 Apartment Communities for $82M
July 03, 2008
Colonial Properties Trust, a multi-family-focused REIT, is continuing its plan to dispose of older assets by selling five apartment communities in two transactions for a total of $81.8 million. The buyer or buyers were not identified.
vegas World's Tallest Timeshare Tops Off in Vegas
July 03, 2008
The $1.2 billion PH Towers by Westgate in Las Vegas has reached a pivotal point in development with the attainment of the highest point of vertical construction. Located at the Planet Hollywood Resort & Casino, the upscale 52-story PH Towers (pictured) will be the tallest timeshare building in the world.
vegas LA Developer Partners with Vegas Officials for Museum, Hotel Redevelopment
July 03, 2008
Less than a year after entering the Las Vegas market with the acquisition of the Lady Luck Hotel and Casino, Los Angeles-based CIM Group won a deal with the city to develop land adjacent to the planned Mob Museum in the city’s historic Post Office Block.
CBRE Investors Snaps Up 1MSF Suburban Dallas Office
July 02, 2008
Acting on behalf of its Strategic Partners U.S. 5 fund, CB Richard Ellis Investors has just acquired The Colonnade, a 1 million-square-foot office property in Addison, Texas.
Holliday Fenoglio Arranges $23M Construction Loan for Houston Office Development
July 02, 2008
The Houston office of Holliday Fenoglio Fowler L.P. arranged a $23.5 million construction loan for a speculative class A, 180,000-square-foot office development in The Woodlands, Tex.