• Rise48 buys The Nolan in Mesa for $92 million - Read Article

    Rise48 buys The Nolan in Mesa for $92 million

    2022-06-02T09:00:21-07:00

    Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle represented the buyer, Rise48 Equity, LLC, in the $92 million purchase of The Nolan, a 288-unit…

  • Madison Grove in Phoenix sells for $51.3 million - Read Article

    Madison Grove in Phoenix sells for $51.3 million

    2022-06-01T08:40:55-07:00

    Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Madison Grove, a 171-unit multifamily property in Phoenix, Arizona. The $51.3 million sales price equates…

  • Sanctuary on Broadway in Tempe sells for $75M - Read Article

    Sanctuary on Broadway in Tempe sells for $75M

    2022-05-20T15:00:19-07:00

    CBRE announced the sale of Sanctuary on Broadway, a 240-unit multifamily community in Tempe, Ariz., to a private Washington state-based syndicator for $75 million. Brian Smuckler, Jeff Seaman, Derek Smigiel, and Bryson Fricke of CBRE…

  • KB Investment buys 280-unit Green Leaf Arts District - Read Article

    KB Investment buys 280-unit Green Leaf Arts District

    2022-05-20T14:50:42-07:00

    CBRE facilitated the sale of Green Leaf Arts District, a 280-unit apartment property in Phoenix, to KB Investment Development for an undisclosed sum. Asher Gunter, Matt Pesch, Sean Cunningham, Austin Groen and Tyler Anderson…

  • 20-acre Apache Junction development site sells for $9.5M - Read Article

    20-acre Apache Junction development site sells for $9.5M

    2022-05-17T09:50:42-07:00

    Berkadia announced today the sale of a ±20-acres development site situated at the Southwest Tomahawk Road and Broadway Avenue in Apache Junction, Arizona. Senior Managing Director Mark Forrester and Director…

  • The Moderne in Scottsdale sells for $260 million - Read Article

    The Moderne in Scottsdale sells for $260 million

    2022-05-17T09:45:45-07:00

    Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of The Moderne, a 369-unit mid-rise multifamily asset in Scottsdale, Arizona developed by JLB Partners. The $260…

  • 7.6 acres of land in Surprise sells for $1.65M - Read Article

    7.6 acres of land in Surprise sells for $1.65M

    2022-05-17T09:10:43-07:00

    Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 7.589-acre parcel of…


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