Lincoln Property Company’s Southwest division, LPC Desert West (LPC), has sold the landmark 3131 and 3133 Camelback to an entity of Presson Corporation, led by local investor Daryl Burton for $72.1 million.…
Cushman & Wakefield has arranged the sale of a fully entitled ±11.65-acre industrial development site in Surprise (Phoenix), Arizona. Echo Real Estate Capital, Inc. acquired the land in Surprise located…
One of the East Valley’s newest and most successful medical office buildings — the Banner Ironwood Medical Center campus — is changing ownership. Plaza Companies and Ryan Companies have sold…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Cabana Happy Valley, a 292-multifamily asset in Phoenix, Arizona. The property sold for $79.25 million or $271,404…
NAI Horizon’s Church Realty Solutions practice represented the seller in the disposition of 4.567 acres of land in North Scottsdale. NAI Horizon Senior Vice President Thomas Smith represented the Spiritual…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Aiya, a 360-unit multifamily asset in Gilbert, Arizona. The property sold for $112 million, or…
CBRE negotiated the sale of Arcadia Cove, a 432-unit multifamily community in Phoenix. CBRE’s Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen represented the seller, Priderock Capital Partners. The sale price was $130,500,000, according to…
Berkadia announced today the $85.35 million sale of Springs at Cooley Station, a 276-unit, garden-style multifamily property in Gilbert, Arizona. Managing Director Dan Cheyne, Senior Managing Directors Mark Forrester and Ric Holway,…
Westcore, a leading industrial real estate acquisition, development and asset management firm, has completed a $92.7 million forward purchase of Hatcher Industrial Park from Ryan Companies US, Inc. Westcore partnered…
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale and financing of Country Gables, a 139-unit, boutique apartment asset in Glendale, Arizona. The property sold for $28…
CBRE has negotiated the sale of Proximity Baseline, an 80-unit build-to-rent (BTR) property in Phoenix for $27.2 million. Griffen Tymins, Sean Cunningham, Asher Gunter, Matt Pesch and Austin Groen of CBRE’s institutional multifamily practice in Phoenix represented…
Frank DiMaggio, Managing Partner at Launch Powered by Compass in Scottsdale, closed the largest single family parcel sale in Paradise Valley, Arizona for $7 million on May 31. At 1.25…
