Christina Grimme, vice president of Northmarq’s Cincinnati office, arranged acquisition financing of $25.5 million for Gainey Ranch Town Center I & II. The two-building, 126,516 sq. ft. 3-story class A…
About 391 acres of land in the City of Glendale has been sold for $255.3 million, according to Vizzda. The buyer was QTS Datacenters and the seller was First Industrial Realty…
Today, Mekong Real Estate Investment Group, owner of Mekong Plaza located in Mesa’s Asian District, broke ground on a more than 35,000-square-foot expansion of Mekong Plaza at the southwest corner…
3.32 acres of vacant land on the south side of Tempe Town Lake has been sold for $33.75 million, according to Vizzda. That equates to $10,165,663 per acre. The transaction…
JLL Capital Markets announced today it has closed the $25.7 million sale of a retail portfolio comprising two shopping centers totaling 38,274 square feet in Phoenix and Scottsdale, Arizona. JLL marketed the…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Hilands, a 826-unit multifamily asset in Tucson, Arizona. The $178 million sales price, which represents $215,496 per…
Draper and Kramer, Incorporated, a national full-service real estate firm, today announced it has added to its national portfolio of multifamily properties with the purchase of Senita on Cave Creek,…
CBRE announced the sale of two office properties in Scottsdale, Ariz. to North Dakota-based Edgewood Real Estate Investment Trust for $85 million. CBRE’s Barry Gabel and Chris Marchildon represented the sellers, Wentworth…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Craft @ Gilbert & Baseline, a boutique, 104-unit multifamily asset in Mesa, Arizona. The $45…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Port Royale, a 252-unit multifamily property in Sierra Vista, Arizona. The $46.5 million sales price equates…
Rood Investments acquired the highly desirable High Street in North Phoenix for $172,103,940, according to Vizzda, the commercial real estate tracking site. The deal included the part of High Street…
The Phoenix office market continues to experience record high sublease availabilities in second quarter, according to a report from Kidder Mathews. READ ALSO: Here’s what is fueling the Tempe economy MARKET…
