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

480-361-5654

www.themedgrillaz.com

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

Foreclosures are rising in 21 states, but don’t panic yet

foreclosures in states

Source: Washingtonpost.com | March 15, 2012

Nationally, foreclosures are creeping downward: The total number of new foreclosure filings dropped 2 percent from January to February, according to RealtyTrac and that’s an 8 percent decrease from February 2011. Completed foreclosures fell 13 percent in January over the previous year. That said, new foreclosures are still rising in more than 20 states mostly in the Midwest and on the East Coast and that’s a trend that’s expected to continue in the coming months.

Why? It’s in large part due to the recent $25 billion settlement over faulty foreclosure practices. Foreclosure proceedings had been stalled while the deal was being worked out, and states are moving to clear the backlog now that the settlement has provided a clear roadmap for moving forward, according to Brandon Moore, CEO of RealtyTrac, the foreclosure sales company that conducted the survey.

In the short term, the new foreclosures could risk depressing housing prices, which just increased in February for the first time in 18 months. But the national trend suggests that the foreclosure crisis is finally showing signs of abating.

[Read this article]

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

thejoint

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.”