Phoenix industrial absorption hits all-time high
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…
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…
LGE Design Building broke ground today on its latest development, the $10 million Chandler Corporate Industrial Center. The 100,018-square-foot corporate facility will be located at 370 N. Juniper Dr. in…
Walker & Dunlop, Inc. announced today that it structured three loans in the amount of $85,950,000 for a four-property portfolio consisting of two Class A office buildings and two industrial…
A company formed by West Coast Commercial, a real estate development company led by Principal Todd M. Lytel, purchased two-acres of land slated to develop a roughly 30,000-square-foot multi-tenant industrial property…
True Harvest has become Arizona’s largest indoor cannabis grower thanks to its adaptive reuse of the long-shuttered Revlon plant located in southwest Phoenix. In the late 1960s, Revlon built the…