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California investor buys 3 Arizona properties including industrial, hotel

California investor buys 3 Arizona properties including industrial, hotel
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Electrical contractor inks big Mesa lease for fabrication facility

Electrical contractor inks big Mesa lease for fabrication facility
CBRE
Posted at 11:36 AM, May 27, 2021
and last updated 2021-05-27 14:36:16-04
MESA, AZ â California-based electrical contractor Rosendin Electric Inc. leased 146,000 square feet at the Power 202 Business Park, a new industrial park in Mesa.
The site will serve as a prefabrication facility, and will put Rosendin Electric in close proximity to a data center project that the company is working on.
Mike Parker of CBRE Group Inc. represented Rosendin in the lease negotiations. The landlord, Phoenix-based Bird Dog Industrial, was represented by Ken McQueen and Chris McClurg of Lee & Associates.
âRosendin had a compressed timeframe to secure a minimum of 120,000 square feet of space in the high-demand Southeast Valley to service a data center project nearby,â Parker said in a statement. âAfter exploring numerous options in the area, we learned Power 202 would deliver in tim ....

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11 Weird And Wonderful Ways To Jazz Up Scrambled Eggs

Grill chef Oisin Rogers recommends the below for silky and smooth eggs.
1. Crack your eggs into a measuring jug. Season really, really well and whip with a fork.
2. Melt 100g butter per person slowly on lowest heat in the pan.
3. Add the eggs and cook super slowly moving the egg mixture away from the sides towards the centre of the pan with the fork. If it’s cooking quickly at all, take it off the heat. It’s worth doing it dead slow.
4. When the egg is almost congealed, add another 80g of butter and mix it in with the fork. ....

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gate Technology Commerce Center in Mesa sells for $ 21.4 million

gate Technology Commerce Center in Mesa sells for $ 21.4 million
News Highlights: gate Technology Commerce Center in Mesa sells for $ 21.4 million
A newly constructed Class A multi-tenant industrial / warehouse project with two buildings totaling 138,692 square feet has been sold for $ 21.4 million to MIG Real Estate of Newport Beach, California. Cushman and Wakefield brokered the sale of the Gateway Technology Commerce Center, 7535 E. Ray Road, Mesa.
“Gate Technology Commerce Center is an excellent addition to MIG’s growing industrial portfolio and well located in one of Arizona’s top performing sub-markets, ”said Greg Merage, CEO of MIG Real Estate in a press release. “MIG continues to aggressively seek opportunities to acquire assets across the western US and has significant discretionary capital to invest in existing new development and redevelopment of multi-family homes, mixed and industrial projects.” ....

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SunCap Property Group Sells Arizona Industrial Asset

SunCap Property Group Sells Metro Phoenix Industrial Asset
The company developed the 135,745-square-foot property as the first building of its Gilbert Spectrum Business Park.
Jan132021
Image courtesy of Cushman & Wakefield
SunCap Property Group has sold a 135,745-square-foot light industrial building forming part of its 63-acre Gilbert Spectrum Business Park in Gilbert, Ariz. Boston-based GID Industrial paid $23.2 million for the Class A asset which was fully leased at the time of close. Cushman & Wakefield negotiated on behalf of the seller.
SunCap developed the facility on nearly 9 acres at 196 S. McQueen Road as the first building of the Spectrum industrial campus, financing the construction with a $9.7 million loan from Delaware Life Insurance Co., according to CommercialEdge. Completed in 2019, the one-story property features a 32-foot clear height and 40 dock doors. ....

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