• 5 biggest commercial real estate deals in April - Read Article

    5 biggest commercial real estate deals in April

    2021-05-12T09:00:42-07:00

    The Metro Phoenix commercial real estate sector continues to stay red hot, as evidenced by the biggest commercial real estate deals in April, according to the commercial real estate tracking…

  • Tower 16 acquires 2 Phoenix multifamily properties for $55M - Read Article

    Tower 16 acquires 2 Phoenix multifamily properties for $55M

    2021-05-07T09:00:33-07:00

    San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 332 units in the greater Phoenix area for $55 million. Summerhill Place Apartments is in Glendale, Ariz., and…

  • 3 acres of land in Scottsdale sells for $3.55M - Read Article

    3 acres of land in Scottsdale sells for $3.55M

    2021-05-07T09:00:09-07:00

    Three acres of land in Scottsdale sold for $3,550,000, according to the commercial real estate tracking website Vizzda. The land is located at the southeast corner of Loop 101 and Bell…

  • IPA sells Cabana on 12th for $54.5M - Read Article

    IPA sells Cabana on 12th for $54.5M

    2021-05-01T07:15:58-07:00

    Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Cabana on 12th, a 252-unit multifamily asset in Phoenix, Arizona. The property sold for $54.5 million, which…

  • CBRE sells Allred Tech Center in Phoenix for $19.5M - Read Article

    CBRE sells Allred Tech Center in Phoenix for $19.5M

    2021-04-29T17:35:39-07:00

    CBRE announced the sale of Allred Tech Center, a 132,744-square-foot single-tenant industrial building in Phoenix, to 51st Fenix, LLC, for $19.5 million. CBRE’s Mark Krison, Bob Young, Glenn Smigiel, Rick Abraham…

  • Sumitomo will renovate, rebrand the former Collier Center - Read Article

    Sumitomo will renovate, rebrand the former Collier Center

    2021-04-28T18:10:08-07:00

    Sumitomo Corporation of Americas plans to submit the former Collier Center, an office high-rise in downtown Phoenix, to a sweeping renovation, after which the company will reintroduce the approximately 600,000-square-foot…

  • Trammell Crow completes Axis Raintree in Scottsdale - Read Article

    Trammell Crow completes Axis Raintree in Scottsdale

    2021-04-25T07:40:09-07:00

    The partnership of Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers and investors, and PGIM Real Estate, the real estate investment and financing arm of…


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