Construction Unemployment Drops To 10.8%, Lowest May Mark In 5 Years
Construction employment increased by 7,000 in May, helping to push the industry’s unemployment rate down to the lowest May level in five years, according to an analysis of new…
Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.
Construction employment increased by 7,000 in May, helping to push the industry’s unemployment rate down to the lowest May level in five years, according to an analysis of new…
Mentor Properties Inc. purchased the Aztec Apartments, a 12-unit multi-family property located at 3611 N. 5th Ave. in Phoenix for $660,000. The sellers were Patrick and Rebecca Prendiville. Brian…
Howard S. Wright, a Balfour Beatty company, successfully installed six, 280-foot steel double roof trusses at the North Hall addition of the Tony Nelsson Equestrian Center expansion project at…
Dibble Engineering has named Bob Haneline, PE, CFM, LEED AP, as senior project manager for its Drainage and Flood Control Practice. Haneline brings more than 18 years of experience in…
Finding a contractor that has the skills and experience for a remodel can be daunting. There are hundreds of nuances to renovation projects and not all contractors are equipped…
Velocity Retail Group completed seven transactions in May totaling nearly 100,000 SF. A summary of each transaction follows: >> Velocity Retail’s Dave Cheatham, Andy Kroot and Darren Pitts…
Colliers International negotiated the 36-month lease of an approximately 8,806 SF Class A office space in the Arcadia Gateway Center, 4222 E. Thomas Rd. in Phoenix. Greg Hopley, executive…
Cushman & Wakefield of Arizona announced the sale of 6700 W. Morales Place in Chandler, an industrial facility that houses Avnet Global Solutions. The purchase price was approximately $32.5M.…
Cooper, Cardinal and Company closed on Mountain View Apartments, a 26-unit turn-key multi-family community in Phoenix. The sale price of $725,000 represents a capitalization rate of 3.52% on in-place…
Total construction spending registered a small gain in April but showed very mixed patterns among major segments, according to an analysis of new Census Bureau data by the Associated…
RiverRock Real Estate Group, a West Coast-based commercial real estate management and leasing firm, announced it has promoted Michelle Weber to Regional Vice President in its Phoenix office. Weber previously…
CBRE negotiated the acquisition of a freestanding retail building at 4330 E. Broadway Blvd. in Tucson. The site will become the new regional headquarters campus for the Girl Scouts…