Principal Real Estate Investors Archives

$6.5M land transaction leads to new Mesa industrial park

Reviving the Construction Industry

Metro East Valley Holdings, LLC, a joint venture between Tempe based Metro Commercial Properties, Inc., and a private REIT managed by Principal Real Estate Investors, Des Moines, IA, completed the purchase of 21.5 acres of land fronting the US 60 Superstition Freeway in Mesa, Arizona, for a planned four building light industrial development. The seller… Read More →

Phoenix-Based Hannay Realty Advisors Expands to Colorado

Hannay Reality Advisors - Denver

Longtime Phoenix-based property management and commercial real estate investment firm, Hannay Realty Advisors, has opened an office in Colorado to expand presence. To take the lead of the new office, Denver-based commercial real estate executive Bruce Backstrom has been brought on as senior vice president and manager of the Hannay Realty Advisors’ Colorado office in… Read More →