JLL Capital Markets announced today the $51 million sale of KV Buckeye 10, a new 249,600-square-foot industrial complex that is 60% leased. The project is located in Buckeye, Arizona, which has…
CBRE negotiated the $79 million sale of Alta North Central, a 229-unit Class A multifamily community located in north central Phoenix. MORE NEWS: AZRE’s Most Influential Women in Commercial Real Estate…
Newmark announced it has arranged the sale of 3137 East Elwood Street, a single-story, 123,032-square-foot industrial/flex building in Phoenix, Arizona. MORE NEWS: Tempe’s historic Hayden Flour Mill redevelopment could begin this…
Midway Commerce Center located in Chandler traded hands this week as award-winning real estate development firm Creation sold the three-building, 301,994-square-foot master-planned industrial center to Boston-headquartered Longpoint Realty Partners for $57 million. MORE NEWS: 4…
Citywide Commercial announced that it has successfully facilitated the acquisition of a prime 112,300-square-foot industrial property located at 1345 S. 52nd St. in Tempe, Arizona. The building was purchased by Setna iO/Setnix…
The Greater Phoenix industrial market delivered 10 million square feet of new space during second quarter, marking the completion of a portion of the record construction started in 2023, according…
Harvard Investments closed on land sales to a homebuilder and multifamily developer who plan to construct single-family residences and build-to-rent units, respectively, in the growing, unincorporated community of San Tan…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Glen 91, a 296-unit multifamily asset in Glendale, Arizona. The property sold for $76.5 million,…
Cushman & Wakefield has advised US Capital Development and another institutional investor in the sale of Falcon Park 303 – Phase II, a brand new 326,018-square-foot Class A industrial building…
Wespac Construction, Inc. announced the completion of Surprise Crossings, a state-of-the-art, LEED-certified industrial shell building. This impressive 274,040 SF facility, situated on a sprawling 16.23-acre site, represents a significant milestone…
The Metro Phoenix retail sector has seen a spectacular recovery since the pandemic, with Avison Young’s First Quarter 2024 Phoenix Retail Market Report stating that “since Q4 2020, Phoenix has…
In the last decade, six different industrial submarkets have more than doubled in size, while an additional seven grew between 50% and 100%. But as we stand today, Phoenix is…
