Phoenix Commercial Advisors facilitated the sale of The Collective Shops, six-tenant shops in the heart of Tempe, Ariz., shadow-anchored by Alamo Drafthouse Cinema. The property, located on 2.59 acres on…
Toll Brothers has purchased an 8.2-acre multifamily development site in Phoenix from local full-service investment firm Bayless Investment & Trading Co. for $17.9 million, or about $2.2 million per acre.…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Parc Midtown, a 306-unit apartment complex in Phoenix, Arizona. The $78.5 million sales price equates to $256,536 per unit. “Influenced…
Union @ Roosevelt, a recently developed mixed-use project within the popular Roosevelt Row district of Downtown, has been sold to a Chicago-based investor for $27 million. Located at 888 N.…
Edkey, Inc., also recognized as Sequoia Charter Schools, has purchased 8.66 acres within Buckeye Parkway Center at the southeast corner of Interstate 10 and Verrado Way in Buckeye. The company…
Metro Phoenix Bank announced an eight-figure credit facility to Krista R Corporation, further reinforcing MPB as a seasoned commercial real estate lender within the Arizona construction market. Jay Olson, principal of…
CBRE has arranged the sale of the 212-unit multifamily community Sonesta on University on behalf of Knightvest Residential to Western Wealth Capital (WWC) and its investor partners for $43.6 million.…
SVN Desert Commercial Advisors completed the sale of First McKinley, a development site located at the NWC of 1st Ave. and McKinley St. in downtown Phoenix. The property was acquired…
2019 was another banner year for the Phoenix office market. By any measure, the sector is thriving and performing at the highest levels, with record-breaking stats across the board to…
The Phoenix industrial market finished another strong year, with vacancy rates hovering around the record low and asking rental rates escalating to a record high, according to a report from…
Newmark Knight Frank (NKF) has announced the sale of Aragon Holdings, LLC’s national portfolio of apartment properties to Harbor Group International (HGI), a global real estate investment and management firm,…
CBRE announced the firm has secured three leases at the newly renovated Chandler Office Center in Chandler, Arizona, bringing the property to 85 percent occupancy. New tenants include Arizona Children’s…
