Newmark Group Facilitates Sale of Phoenix Office Campus for Transformation into Formation Park 17 Industrial Hub

Reuters

2025/06/06

Newmark Group Facilitates Sale of Phoenix Office Campus for Transformation into Formation Park 17 Industrial Hub

Newmark Group Inc. has successfully arranged the sale of the Corporate Center, a 338,048-square-foot office campus located on 22.6 acres at 10010-10220 North 25th Avenue, Phoenix, Arizona. The Dallas-based developer Formation Interests acquired the site with plans to transform it into Formation Park 17, a 425,000 square-foot, Class A mid-bay industrial park. This redevelopment project will involve demolishing the existing office buildings to create a transit-oriented industrial business park in a Qualified Opportunity Zone. The strategic location, adjacent to the Metrocenter East Light Rail station and the planned $1 billion redevelopment of the nearby Metrocenter Mall, positions Formation Park 17 as a significant urban infill project in Central Phoenix. Newmark Executive Managing Directors CJ Osbrink, Barry Gabel, Chris Marchildon, and Managing Director Gary Cornish represented the seller in this transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

应版权方要求，你需要登录查看该内容

登录 / 注册

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2541865960"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2541865960\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2541865960?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-06 22:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2541865960","market":"nz","top_or_hot":-1,"title":"Newmark Group Facilitates Sale of Phoenix Office Campus for Transformation into Formation Park 17 Industrial Hub","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Newmark Group Facilitates Sale of Phoenix Office Campus for Transformation into Formation Park 17 Industrial Hub\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/NMRK\">Newmark Group Inc.</a> has successfully arranged the sale of the Corporate Center, a 338,048-square-foot office campus located on 22.6 acres at 10010-10220 North 25th Avenue, Phoenix, Arizona. The Dallas-based developer Formation Interests acquired the site with plans to transform it into Formation Park 17, a 425,000 square-foot, Class A mid-bay industrial park. This redevelopment project will involve demolishing the existing office buildings to create a transit-oriented industrial business park in a Qualified Opportunity Zone. The strategic location, adjacent to the Metrocenter East Light Rail station and the planned $1 billion redevelopment of the nearby Metrocenter Mall, positions Formation Park 17 as a significant urban infill project in Central Phoenix. Newmark Executive Managing Directors CJ Osbrink, Barry Gabel, Chris Marchildon, and Managing Director Gary Cornish represented the seller in this transaction.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Newmark Group Facilitates Sale of Phoenix Office Campus for Transformation into Formation Park 17 Industrial Hub</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNewmark Group Facilitates Sale of Phoenix Office Campus for Transformation into Formation Park 17 Industrial Hub\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-06 22:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Newmark Group Facilitates Sale of Phoenix Office Campus for Transformation into Formation Park 17 Industrial Hub\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/NMRK\">Newmark Group Inc.</a> has successfully arranged the sale of the Corporate Center, a 338,048-square-foot office campus located on 22.6 acres at 10010-10220 North 25th Avenue, Phoenix, Arizona. The Dallas-based developer Formation Interests acquired the site with plans to transform it into Formation Park 17, a 425,000 square-foot, Class A mid-bay industrial park. This redevelopment project will involve demolishing the existing office buildings to create a transit-oriented industrial business park in a Qualified Opportunity Zone. The strategic location, adjacent to the Metrocenter East Light Rail station and the planned $1 billion redevelopment of the nearby Metrocenter Mall, positions Formation Park 17 as a significant urban infill project in Central Phoenix. Newmark Executive Managing Directors CJ Osbrink, Barry Gabel, Chris Marchildon, and Managing Director Gary Cornish represented the seller in this transaction.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4079","symbol_name":"房地产服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nNDL643wmw:1","article_id":"2541865960","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541865960","pubTimestamp":1749218975,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Newmark Group Inc. has successfully arranged the sale of the Corporate Center, a 338,048-square-foot office campus located on 22.6 acres at 10010-10220 North 25th Avenue, Phoenix, Arizona. The Dallas-based developer Formation Interests acquired the site with plans to transform it into Formation Park 17, a 425,000 square-foot, Class A mid-bay industrial park. This redevelopment project will involve demolishing the existing office buildings to create a transit-oriented industrial business park in a Qualified Opportunity Zone. The strategic location, adjacent to the Metrocenter East Light Rail station and the planned $1 billion redevelopment of the nearby Metrocenter Mall, positions Formation Park 17 as a significant urban infill project in Central Phoenix. Newmark Executive Managing Directors CJ Osbrink, Barry Gabel, Chris Marchildon, and Managing Director Gary Cornish represented the seller in this transaction.Disclaimer: This news brief was created by Public Technologies  using generat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4079":"房地产服务","NMRK":"Newmark Group Inc."},"translate_title":"纽马克集团促成凤凰城办公园区的出售，以转型为Formation Park 17工业中心","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NMRK":0.9},"content_text":"Newmark Group Facilitates Sale of Phoenix Office Campus for Transformation into Formation Park 17 Industrial Hub\n    \n\nNewmark Group Inc. has successfully arranged the sale of the Corporate Center, a 338,048-square-foot office campus located on 22.6 acres at 10010-10220 North 25th Avenue, Phoenix, Arizona. The Dallas-based developer Formation Interests acquired the site with plans to transform it into Formation Park 17, a 425,000 square-foot, Class A mid-bay industrial park. This redevelopment project will involve demolishing the existing office buildings to create a transit-oriented industrial business park in a Qualified Opportunity Zone. The strategic location, adjacent to the Metrocenter East Light Rail station and the planned $1 billion redevelopment of the nearby Metrocenter Mall, positions Formation Park 17 as a significant urban infill project in Central Phoenix. Newmark Executive Managing Directors CJ Osbrink, Barry Gabel, Chris Marchildon, and Managing Director Gary Cornish represented the seller in this transaction.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}