Scottsdale acquired 2,365 acres of land for its McDowell Sonoran Preserve at a state land auction Tuesday. The city was the only bidder. The city’s successful bid was $21.3M –…
Scottsdale-based real estate development and investment company Deco Communities has expanded its Arizona portfolio once again with the acquisition of Sunshine Terrace Apartments in Phoenix. The 75-unit property was purchased…
Colliers International in Greater Phoenix recently completed the $6.53M sale of the 100-unit Sonoma Place, located at 11600 N. 75th Ave. in Peoria, for $65,300 a unit, or $80.33 a…
ZELL, a full-service shopping center management and leasing firm based in Phoenix, announced the following retail lease transactions: CEDRICS LUXE LEASES SPACE IN LA MIRADA IN NORTH SCOTTSDALE Cedrics Luxe,…
NAI Global’s Chief Economist Peter Linneman released a white paper on Nov. 15 that addresses the slow recovery of the suburban office sector. The topics covered by “Suburban Office: A…
Public Action Management Real Estate, LLC of Scottsdale has purchased Lindsay Villas Apartments, a 32-unit multi-family property located at 2580 E. Baseline Rd. in Mesa, from Lindsay Villas, LLC of…
CBRE has completed the sale of Mountain Vista Commerce Center located at 14647 S. 50th St. in Phoenix. The three-building, 134,713 SF industrial complex commanded a sale price of $11.36M.…
RETAIL LEASES: Mary Ridberg and Rommie Mojahed represented the landlord at 8th Avenue Shops in Mesa to lease 1,307 to Herbalife. This neighborhood retail center is located at 810 S.…
Buchanan Street Partners, an active buyer of value-add office and industrial real estate, has purchased a 446,000 SF portfolio from Carlson Real Estate Company for $52.6M, or $118 per square-foot.…
Sale Transactions: Mark Wilcke negotiated the sale of a 25,031 SF industrial property, representing the buyer, G-Love Investments, LLC, for $1.7M. The property is located at 1515 W. Broadway Rd.…
Cushman & Wakefield of Arizona, Inc. negotiated the $8.528M sale of Acacia Pointe Apartments, located at 8344 N. 67th Ave. in Glendale. Paradise Urban Apartments, LLC dba Bank of America…
A 7,707 SF office building located at 7000 E. 1st Ave. in Old Town Scottsdale was recently sold for $2.15M. Price per square foot was calculated at $278.97. The entity, Laguna Holdings,…
