Regions Southwest | Phoenix
New York Investment Group Inks Deal to Buy Iconic Hayden Ferry Lakeside Office Tower
June 27, 2008

HF Lakeside II L.L.C., a subsidiary of Sumitomo Corporation of America, purchased a 12-story commercial office tower at Hayden Ferry Lakeside in Tempe, Ariz., from SunCor Development Co.  The recently constructed class A 299,540-square-foot office tower was purchased for $92 million.  This sale marks the second such sale of a commercial office tower by SunCor at Hayden Ferry Lakeside.  SunCor has plans in the pipelines for additional commercial and residential structures in the area.

 
Recent Phoenix Headlines
Nelson Brothers Breaks Into TIC Investment Biz with Phoenix Retail Purchase
Aug. 29, 2008
Nelson Brothers Professional Real Estate, a one-year-old firm based in Aliso Viejo, Calif., has completed its first Tenant-in-Common transaction with the purchase of Palm Valley La Piazza Retail Center in Goodyear, Ariz.
Amazon Leases 513,000-SF Warehouse Outside of Phoenix
Aug. 22, 2008
In an effort to accommodate increasing demand, Amazon.com recently leased a 513,000-square-foot warehouse in Goodyear, Ariz., from Duke Realty.
Four Seasons Walton Street Refinances Four Seasons Hotel
Aug. 22, 2008
Walton Street Capital L.L.C. has refinanced its Four Seasons Resort Scottsdale, in the Phoenix metro area, for $75 million. The funding was provided by HSBC and secured by Jones Lang LaSalle’s capital markets group.
Phoenix Office Property Fetches $9.5M
Aug. 15, 2008
Ownership of Camelwest Plaza at 1951 and 2001 W. Camelback Rd. in Phoenix has changed hands in a deal valued at $9.5 million.
Phoenix Apartment Property Fetches $10M
Aug. 08, 2008
Ownership of Brookside, a 203-unit multi-family property in Phoenix, has just come under new ownership courtesy of a transaction valued at $10.3 million.