Raising Canes Ground Lease Sells to ARCP

It’s official: We are thrilled to announce that as of Friday, May 23, the Raising Cane’s Chicken Fingers property located at our Gateway Crossing shopping complex was sold to American Realty Capital Properties, the largest publicly traded net lease REIT in the country.

Stan Johnson Company (Brad Richardson, Associate Director), one of the nation’s leading commercial real estate brokerage and advisory firms, as well as our team here at Mutual Property Advisors (Jessica Vercellino, Designated Broker) represented the seller.

Looking forward, this is great news for their already successful concept!!!

The Mediterranean Grill – GRAND OPENING!


14880 N. Northsite Blvd, Suite 103
Scottsdale, Arizona



Mutual Property Advisors is proud to announce that The Mediterranean Grill will be opening to the public on November 1, 2012!

Milagro Grill – Opens August 27, 2012!

Mutual Property Advisors is proud to announce that Milagro Grill, in Arcadia, will be open to the public on August 27th!

Milagro Grill is Located at 4280 E. Indian School Road, Ste. 110, Phoenix, Arizona

Click here to visit them on facebook and “like” their page for updates!


Mexican-American Fusion Restaurant Coming to Arcadia

By Laura Hahnefeld Mon., Jul. 9 2012 at 9:00 AM - www.Phoenixnewtimes.com

“I grew up in Arcadia, and went to Arcadia High School, so this location just felt right.”

That’s Reed Johnson, owner of Milagro Grill, a new Mexican-American fusion restaurant planned to open in mid-August at 4280 East Indian School Road, at the corner of a strip mall and in the former home of Joey’s of Chicago. Johnson, who’s been in the restaurant business for years, tells me Milagro Grill is the first restaurant he’s owned and that he’s excited about the location (In the last few months, the stretch of Indian School Road between 36th and 56th streets, has become a popular place for new establishments.).

Heading up Milagro Grill’s cuisine is chef James Fox, who was most recently at Big Earl’s BBQ in Scottsdale after working with chef Matt Carter at The Mission and Zinc Bistro and spending time in Mexico as a personal chef.

Click Here to read the full article.

CMBS Market Active, But Volume Still Dashes Hopes

Aug 1, 2012 12:47 PM, By Elaine Misonzhnik, Senior Associate Editor
Article by: National Real Estate Investor


Year-to-date, the U.S. commercial real estate market saw $22.5 billion in new CMBS issuance, according to Commercial Mortgage Alert, an industry newsletter. Somewhere close to $10 billion in additional deals might come to market in the coming months, according to Commercial Real Estate Direct, another industry publication. That would put 2012’s non-agency CMBS volume on par with 2011’s $32.9 billion, but fall $15 to $20 billion short of earlier expectations, according to Ken Cheng, managing director for CMBS new issuance ratings with Horsham, Pa.-based Morningstar Credit Ratings LLC.

Click Here to read the full article.

The Joint – Coming Soon to the Gateway Crossing Shopping Center!


The Joint is the latest concept in chiropractic care and has been popping up all over the Valley. We are proud to announce they will be coming soon to the Gateway Crossing Shopping Center at 99th Avenue & McDowell, in Avondale. Construction is currently wrapping up. Look for them to open next week!

You can visit The Joint’s website at: www.thejoint.com to get membership information and to find a location near you!

“The Joint offers an alternative approach to healthcare, based on the age old practice of restoring balance by promoting your body’s ability to heal itself. Predicated on the vision that quality of life can be improved through chiropractic care, The Joint brings affordable and convenient chiropractic maintenance services to locally owned and operated clinics nationwide. With the help of dedicated and experienced chiropractors, each clinic offers excellent chiropractic care. At The Joint we are committed to identifying and addressing your health needs.”