Safari Drive condo sales, Camelback Executive Park

Safari Drive condo sales increase Safari Drive has reported 23 sales of its downtown condominiums through the second quarter. The midrise project is on 4.8 acres northeast of Scottsdale and Camelback roads along the Arizona Canal. It takes its name from the Safari Resort, built in 1956 and a downtown icon for 40 years. A total of 78 condos are available. Prices range from $399,000 to $699,500 for units of 1,166 to 1,700 square feet. Geoffrey H. Edmunds Realty, which is marketing the property, has six staged models. Safari Drive was completed in 2007, but sales were halted because of the recession after 15 units were sold. Chicago-based ST Residential bought the property and relaunched sales in January. ST Residential is seeking city approval of a second phase of 160 units in two buildings. Leasing officials selected The Lincoln Property Co., a full-service real-estate firm, has selected CR Richard Ellis to market the Camelback Executive Park in downtown Scottsdale. The three-story building of 172,690 square feet is at 6991 E. Camelback Road. Tenants include Mastro's City Hall Steakhouse, Ashton Woods Homes and Pacific Coast Mortgage. James Fijan, Jerry Roberts and Corey Hawley of CB Richard Ellis' Phoenix office will handle leasing for the building. Lincoln Property acquired Camelback Executive Park in May as part of a joint venture. Lincoln serves as the property and construction manager for the building.

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