The Greater Phoenix industrial real estate market posted a strong fourth quarter finish to 2017, which was one of the city’s historically best years. Net absorption was the strongest in…
An attractive market for real estate investment and development can start and end with the economy. Hence, the woes felt during the Great Recession when the economy was down, unemployment…
Commercial Properties, Inc./CORFAC International. (CPI), Arizona’s largest locally owned commercial real estate brokerage, announced the sale of the former Brentwood Industries industrial manufacturing building. Z & E Holdings Group LLC (Global…
The LGE team served triple-duty as the developer, architect and general contractor for the new $2.7 million headquarters for Milam Glass, a family-owned-and-operated provider of premium-quality commercial glass for storefronts, schools,…
JLL Q4 Phoenix Industrial Report Highlights: – 2017 recorded the largest annual net absorption gains in Phoenix history. – This marks the fourth consecutive year of annual net absorption totaling…
Rich Uncles NNN REIT Inc. of Costa Mesa, Calif. expanded into the Phoenix market through a $26.5 million ($162.86 per foot) purchase of AvAir’s headquarters. The 162,714-square-foot creative office/warehouse space…
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the $21 million sale/leaseback of a two-property industrial portfolio. The…
Dallas-based Jackson-Shaw and Las Vegas-based LaPour Partners Inc. have completed construction of Parc Pinnacle, a 311,840-square-foot, three-building speculative industrial development in Deer Valley, Arizona. “We have a nearly 20-year history…
NAI Horizon Senior Vice President John Filli, SIOR, represented the seller, a debtor in a Chapter 11 proceeding, in a pair of Southeast Valley industrial deals totaling $4.897 million. Filli…
JLL brokered the sale of the Western U.S. Industrial Multi-Tenant Portfolio on behalf of the seller, BPP Pacific, which sold the nine building portfolio for $40 million to Artis REIT The portfolio totals…
Dallas-based Clarion Partners sold West 10 Business Center, a 146,663-square-foot industrial building located at 4703 W. Brill Street in Phoenix, to Bixby Land Company of Newport Beach, Calif. for $9.53 million. Cushman &…
Cushman & Wakefield announced that Westport Capital Partners of Wilton, Conn. sold Pinnacle Park Business Center, located at 1125 W. Pinnacle Peak Road in Phoenix, to Libitizky Property Companies of…
