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,…
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…
ORION Investment Real Estate negotiated the successful sale of the Sandpiper Apartments, 2735 E. Thomas Rd. in Phoenix. The 100-unit, master metered, 1969 vintage property sold for $3.175M. The…
An industrial building at Freeport Center, 420 S. 53rd Ave. in Phoenix, sold for $6.8M. Included in the transaction was an adjacent 2.09 acre, fully-improved land parcel. The buyer…
Elizabeth Arden Spas signed an 134-month, 13,021 SF lease at Tempe Gateway, 222 S. Mill Ave. in Downtown Tempe to serve as its retail operations hub for the U.S. The…
Newmark Grubb Knight Frank announced that Karl Abert, Sally Schwenn and Brad Pickering of the Newmark Grubb Knight Frank Multifamily team, represented the seller, Lili Rubin Investment Properties, LLC.…
Liberty Property Trust announced it will begin redevelopment and renovation of a newly acquired industrial building at 2626 S. 7th St. in Phoenix. The property is located within minutes…
GPE Commercial Advisors secured the sale of a 98,930 SF, 5.1-acre property that consists of two buildings, 14988 & 15010 N. 78th Way in the Scottsdale Airpark. Southwest Jet Corporate…
CBRE negotiated the sale of the 249-unit Montierra and 320-unit San Marcos luxury apartments, located in the preferred North Scottsdale submarket. Tyler Anderson, Sean Cunningham and Asher Gunter of CBRE’s…
Canadian investors from Calgary purchased the 252-unit Fernwood Manor Apartments, 4540 S. Rural Rd. in Tempe, for $17.5M. This signature multi-family complex is located in one of the most highly…
