Leading commercial real estate firm Lincoln Property Company (LPC) has announced the $68 million sale of a five-building industrial portfolio, representing 540,039 square feet of multi-tenant, fully leased infill space in key locations…
CBRE announced the $27 million sale of a 145,872-square-foot FedEx last-mile distribution center in Tempe, Ariz., to Realterm, a Maryland-based logistics real estate firm. The property is 100 percent occupied…
Newmark Knight Frank (“Newmark”) announced it has arranged a lease on behalf of OnePointOne, a Silicon Valley-based developer of vertical indoor farming, at Avondale 107, a large industrial development in…
Taylor Morrison, the nation’s fifth largest homebuilder and developer based in Scottsdale, bought 17 lots in North Phoenix for $2,858,095, according to the commercial real estate tracking website Vizzda. The cost of the…
Through a challenging year for nearly every property sector, industrial real estate has consistently stood apart from the crowd. Having already had solid footing, the surge in e-commerce demand strengthened the sector…
Colliers International brokered the sale of Agave Center, a 2.46-acre shopping complex in Scottsdale, AZ. With 16,038 square feet of retail space and positioned at the highly trafficked intersection of…
CBRE and Newmark announced the $110 million sale of PetSmart’s corporate headquarters campus in Phoenix to Portland, Oregon-based BPM Real Estate Group. CBRE’s Barry Gabel, Chris Marchildon and Will Mast along with Newmark’s Kevin Shannon, Ken White and CJ…
Newmark Knight Frank (NKF) announced it has arranged the sale of a new 146,500-square-foot distribution and manufacturing facility in Phoenix, Arizona to a 1031-exchange investor for $16.8 million. NKF’s Executive…
KKR has acquired a five-building, 540,000-square-foot industrial portfolio in Phoenix for $68 million through its Americas opportunistic equity real estate strategy. According to CommercialEdge information, the previous owner was Lincoln…
CBRE announced the sale of the 389-unit multifamily community Almeria at Ocotillo in Chandler, Ariz. to a New York-based pension fund advisor. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional…
Phoenix was named the top growth market in North America for large-warehouse leasing activity in the industrial sector, with 9.1 percent of its inventory absorbed in 2020, according to a…
A 160-acre development site located at the northwest corner of Nafziger Road and Martin Road in Coolidge, Pinal County, Arizona, has sold for $2,002,250. The seller P & L Arizona…
