USI Insurance Services (“USI”) announced the closing of the acquisition of Wick Pilcher Insurance, Inc. based in Phoenix. Terms of the transaction were not disclosed. Formed in 1992, Wick Pilcher…
NAI Horizon recent transactions: Sales >> David Cravath negotiated the sale of a 96,401 SF multi-family property, representing the seller, Ramona Property for $5.315M. The property is at 7045 N.…
A last-minute surge in spending helped many major retailers report better-than-expected sales in December, a relief for stores that make up to 40 percent of annual revenue during the holiday…
With the Chicago Cubs set to open a new Arizona spring training facility just a mile to the east, one of the Windy City’s most famous restaurants has just…
Beginning the year on a positive note, the Phoenix office of Jones Lang LaSalle completed the sale of Papago Spectrum to German-based investor GLL Real Estate Partners, reportedly for…
Private investor Buckeye Casa Grande LP assembled and purchased ±610 acres in Mesa along Ellsworth and Pecos roads, in the former Williams Trade Zone. Brent Moser, Mike Sutton and…
CBRE completed the sale of a 90,496 SF portion of Mesa Commons, a retail center on the SWC of Signal Butte Rd. and Apache Trail in Mesa. Glenn Smigiel,…
Whitestone REIT closed on the off-market purchase of The Shops at Pecos Ranch, a 78,767 SF, 100% leased community center in Chandler for $18.95M in an all-cash transaction. The…
Construction spending dipped from October to November, but resolution of the uncertainty regarding federal taxes for 2013 should unleash more private construction investment, according to an analysis of new…
CBRE completed the $17.85M sale of a 129,117 SF office campus at 930, 940 and 950 N. Finance Center Dr. in Tucson. The campus is 100% leased by GEICO…
Arizona’s U.S. House delegation split along party lines late Tuesday night as the House passed the so-called “fiscal cliff agreement. The agreement avoided middle-class tax increases. House approval of the…
While the tax package that Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more…
