NAI Global’s Chief Economist Peter Linneman released a white paper on Nov. 15 that addresses the slow recovery of the suburban office sector. The topics covered by “Suburban Office: A…
RJM Construction, a Phoenix general contractor, recently began renovations for the new corporate headquarters of Meritage Homes, the ninth-largest public homebuilder in the United States. Its new location will be…
A proposed 967,000 SF development called FNB Fountainhead is expected to move into the SWC of Alameda Drive and 55th Street in Tempe and adjacent to Fountainhead Park Office Park…
Colliers International in Greater Phoenix recently negotiated the sale of a 92,233 square-foot Class-A office building located at 3333 E. Camelback Road in Phoenix for $12 million, or $130/square foot.…
Tumbleweed Center for Youth Development will expand and relocate its headquarters from Downtown Phoenix to Siete Square II, 3707 N. 7th St. in Midtown, according to Cushman & Wakefield of…
Cassidy Turley sold 21601 N. 21st Ave., a ±13,068-square-foot warehouse property in Phoenix. Bunker Hill, LLC. (Phoenix), purchased the property for $1,078,000 ($82.49/psf) from High Altitude Holdings, LLC (Anthem, Ariz.).…
CBRE arranged the sale of Elliot Corporate Center located at 875 W. Elliot Road in Tempe, Ariz. The 223,392 square-foot office building commanded a sale price of $23.5 million, or…
Restart Western Skies L.P. in Kentfield, Calif. (Lee Sims, Jr., Kent Rowett, principals) paid $6.275 million ($90.17 per foot) to purchase a 69,593-square-foot office project at 1166, 1176 and 1206…
Cushman & Wakefield of Arizona, Inc. has completed the $14.8 million sale of the Midtown Phoenix Bank of America Tower at 3030 N. Central Ave. The tower contains approximately 189,000…
Representatives of Arizona’s three public universities and other major educational institutions will meet with members of the Maricopa Association of Governments’ (MAG) Economic Development Committee in Flagstaff next week to…
Justin Horwitz, Nicole Ridberg and Neil Sherman of Sperry Van Ness, LLC, in Phoenix represented Pacific Western Bank in the sale of the Offices at Reems, a 16-unit office condo…
There is new optimism in the office market as the sector is exhibiting positive vacancy, absorption, rental rates and sales velocity. Office had been the slowest commercial sector to…
