206 acres of land in Avondale sells for $247 million
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In one of the biggest commercial real estate deals of the year, QTS Data Centers acquired 206.08 acres of land in Avondale for $246,866,895, according to Vizzda. The sellers were Terry…
The Greater Phoenix industrial market delivered 10 million square feet of new space during second quarter, marking the completion of a portion of the record construction started in 2023, according…
Harvard Investments closed on land sales to a homebuilder and multifamily developer who plan to construct single-family residences and build-to-rent units, respectively, in the growing, unincorporated community of San Tan…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Glen 91, a 296-unit multifamily asset in Glendale, Arizona. The property sold for $76.5 million,…
Cushman & Wakefield has advised US Capital Development and another institutional investor in the sale of Falcon Park 303 – Phase II, a brand new 326,018-square-foot Class A industrial building…
Wespac Construction, Inc. announced the completion of Surprise Crossings, a state-of-the-art, LEED-certified industrial shell building. This impressive 274,040 SF facility, situated on a sprawling 16.23-acre site, represents a significant milestone…
The Metro Phoenix retail sector has seen a spectacular recovery since the pandemic, with Avison Young’s First Quarter 2024 Phoenix Retail Market Report stating that “since Q4 2020, Phoenix has…
In the last decade, six different industrial submarkets have more than doubled in size, while an additional seven grew between 50% and 100%. But as we stand today, Phoenix is…
NAI Horizon facilitated the $4.58 million sale of Serrano’s Mexican Restaurant, located at 141 S. Arizona Ave., in Downtown Chandler, Arizona. The restaurant totals 13,250 SF; the sale fetched $346…
The Glendale City Council has authorized the City Manager to enter into an agreement to sell 8.25 acres of city-owned land to VAI Resort LLC for $7,546,770. The property is…
Selecting the right location for your office is a pivotal decision that can influence the success and growth of your business. The right office location can enhance employee satisfaction, improve…
On behalf of Portland-based Schnitzer Properties, JLL today announced the start of construction on Palm Valley Commerce Center, a Class A industrial project designed to serve local entrepreneurs and multinational…