Arizona

News

Ilume Innovation Center to Host Nucleate’s New Arizona Chapter

Nucleate, a nonprofit organization for global biotech entrepreneurs, has leased a headquarters space in Scottsdale’s Ilume Innovation Center for its new Arizona chapter in a deal brokered by Cushman & Wakefield. Located at 19001 N Scottsdale Rd, Ilume comprises four stories and is owned by Stockdale Capital Partners, a Los Angeles-based, vertically integrated real estate…

Finance

Westcore Secures Acquisition Financing for Industrial Development in Glendale

Cushman & Wakefield recently facilitated US $73.3 million of acquisition financing for Hatcher Industrial, a state-of-the-art industrial park in Glendale, Arizona. The development spans 906,125 square feet and consists of two Class A buildings, completed in Q3-2023, with current vacancy. A Cushman & Wakefield Equity, Debt & Structured Finance (EDSF) team of Rob Rubano, Executive…

News

Ilume Innovation Center in Scottsdale to Transform into Life Sciences Hub

LA-based Stockdale Capital Partners has unveiled plans to transform the Ilume Innovation Center in Scottsdale, Arizona into a location for life sciences companies, and retained Cushman & Wakefield’s project leasing team. The LEED-certified development was acquired by Stockdale in December 2019 and features an 82ft central atrium with a skylight and breathable membrane that allows…

News

Speculative Arizona Logistics Center Development Signs Tenant

Cushman & Wakefield has brokered a full-building lease totaling 1,156,860 square feet with Logistics Plus, Inc. (LP) at Sarival Logistics Center, a new industrial development in Glendale, Arizona. The building was constructed on a speculative basis and represents the first phase of a larger development which can accommodate over 2 million square feet of industrial…

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