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…
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…
