Denver-based Rectangle Investment Management, the investment management affiliate of Comunale Properties, has acquired the industrial building at 20 S. 69th Ave. in Phoenix. The property adds to the company’s existing metro Phoenix…
Here are the biggest commercial real estate deals in Arizona from June 14, 2024, through Aug. 12, 2024, according to data collected by the commercial real estate tracking website Vizzda…
JLL Capital Markets announced today that it has arranged the $51 million sale and acquisition financing of Casas Adobes Plaza, a Whole Foods-anchored shopping center in Tucson, Arizona. MORE NEWS: Metro Phoenix…
As the office rental market evolves, Phoenix has experienced a notable increase in office vacancy rates. With remote and hybrid work becoming more common, companies are adopting flexible work-from-home models,…
In one of the biggest commercial real estate deals of the year, QTS Data Centers acquired 206.08 acres of land in Avondale for $246,866,895, according to Vizzda. The sellers were Terry…
Phoenix ranks sixth nationally among the markets with the largest share of the top 100 industrial leases in the first half of 2024, according to a new report from CBRE. MORE…
CommercialSearch just released the latest mid-year industrial development report. With 39.1 million square feet currently underway, Phoenix topped the list as the market with the most industrial space currently being built. The…
Green Bay Packaging (GBP) announced the completion of its land acquisition in in Casa Grande near Phoenix, Arizona. The approximately 80-acre parcel purchased by GBP is located at the NEC/SEC…
Cushman & Wakefield announced the firm has advised the sale of Parc Germann, a recently constructed industrial project in Chandler, Arizona. The asset comprises two state-of-the-art Class A industrial buildings,…
Large move outs in the Greater Phoenix office market overshadowed strong leasing activity during second quarter 2024, according to a report from Colliers. These move outs and expiring sublease space…
CBRE announced the $26 million sale of Mesa Ranch Plaza, a 130,000 square-foot shopping center in Mesa, AZ. A private investor, Mesa Ranch 24 LP, acquired the property from SimonCRE. …
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…
