The Laguna Village apartment community at 102 Palomino Dr. in Chandler has been sold to a Utah-based investor for $70,250,000.00. The buyer intends to complete modernization of the 460-unit property…
One simple, obvious question kicked off the process that unlocked thousands of acres of land in North Phoenix and cleared the way for what could be years of economic development…
A Tempe investor has purchased the industrial/flex building at 7434 E. Monte Cristo Ave. in the Scottsdale Airpark for a price of $4,680,000.00. The buyer will occupy the entire 28,241-square-foot…
Cushman & Wakefield completed the sale of Lakeside Drive, located at 500 W. 1st Street in Tempe, Ariz. San Diego-based Lakeside Drive Apartments, LLC, purchased the property from Broadstone Lakeside,…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Alante at the Islands, a 320-unit multifamily asset in Chandler, Arizona. The property…
CBRE arranged the $4.85 million sale of a newly constructed, 17-unit townhome-style multifamily community located at 2340 E. McKellips Rd. in Mesa, Ariz. Regency Park, LLC, acquired the property from…
Bascom Arizona Ventures, LLC a subsidiary of Irvine, California-based private equity firm The Bascom Group, LLC has acquired the Tempo at McClintock Station Apartments (“Tempo”). Tempo is a mid-rise multifamily property…
Darren Pitts of Velocity Retail Group represented Life Time in the purchase of a 3-acre land parcel at Happy Valley Road and 67th Avenue in Peoria, Arizona. The parcel…
CBRE announced the sale of Fiesta Tech Center, a 243,370-square-foot manufacturing and office facility occupied by Keter Plastics in Gilbert, Ariz. Nearon Enterprises acquired the asset from Los Angeles-based Fiesta…
You have been hearing and reading about the new capital gains tax incentives associated with the Opportunity Zones and investors and developers are taking interest quick. SVN Desert Commercial Advisors…
ORION Investment Real Estate announced the sale of a newly constructed, single tenant net leased building in highly sought after Downtown Tempe, Arizona. Property-adjacent is The Local, anchored by well-known…
Nationwide Realty Investors has announced six new office tenants at Rivulon, the expansive 250-acre master-planned, mixed-use development located along Loop 202 at Gilbert Rd. Nationwide Realty Investors President and COO Brian…
