Newmark announced it has completed the $25.2 million sale and $20 million financing of Plaza 550, a 92-unit, value-add multifamily community located at 550 E. Earll Drive in Phoenix, Arizona. …
CBRE announced Becton, Dickinson and Company, a medical technology company, added 32,917 square feet at the IDEA Tempe campus in Arizona. Becton, Dickinson and Company, the building’s original tenant, signed a…
SB Real Estate Partners (“SBREP”) has acquired Cantamar Apartments, a 180-unit garden style multifamily community in Glendale, AZ for $58.1 million. The property will be rebranded as Portola On Bell.SBREP…
Land Advisors Organization announces the recent closing of a 20-acre parcel for $1.628 million to Jing He Science, an industrial gas manufacturing company. The parcel, which is located at the…
21 acres of land located on the southwest corner of 99th Avenue and Indian School Road in rapidly growing Avondale sold this week for $9,400,000 or $10.28 per square foot.…
Menlo Group Commercial Real Estate announced the successful sale of Lake Biltmore Corporate Center. The more than 100,000 sq. ft., two-building, multi-tenant office property sold for $11.5 million. Lake Biltmore…
Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle represented Tide Equities, LLC in the $255 million ($251,976 per unit) purchase of Del Mar…
Phoenix-based GO Industrial has purchased land parcels on each side of metro Phoenix for the development of more than 1.28 million square feet in two fully speculative, Class A industrial…
While the Phoenix office market softened a bit going into Q4 2021, there are still reasons to be hopeful, according to a report from Transwestern Real Estate Services. The office…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Roadrunner on McDowell, a 356-unit multifamily asset in Scottsdale, Arizona. The property sold for $193.5 million, which equates to…
CBRE announced the sale of 140,161 square-foot Concorde Commerce Center in Phoenix to Idaho-based Stafford Holdings for $23 million. CBRE’s Barry Gabel, Chris Marchildon, Geoff Turbow, Matt Pourcho, Anthony DeLorenzo,…
Cushman & Wakefield has advised the joint venture of Martens Development, a Scottsdale, AZ-based real estate firm, and Dune Real Estate Partners, a New York City-based real estate investment firm,…
