Newmark Knight Frank announced the sale of Copper Point, a multi-tenant 91,805-square-foot medical office building in Gilbert, Arizona, for $33 million in an off-market transaction. Newmark Managing Directors Kathleen Morgan…
CBRE arranged the sale of the 300-unit Class A luxury multifamily community Broadstone Grand to Decron Properties for $106.5 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch…
Zanjero Falls, a three-story, grey shell building, originally developed to be medical/office condominiums has sold for $10 million. The vacant property was purchased by a local investor and will be…
ORION Investment Real Estate announced the sale of Urban 55, a 209-unit apartment complex located on 55th Avenue and Camelback Road in Glendale, Arizona, currently one of the fastest growing…
A 35-acre development site located at El Mirage Road and Northern Avenue in Maricopa County, Arizona, has been purchased by Marbella Ranch East, LLC, a Scottsdale-based developer, for $4.85 million.…
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., announced the $42,000,000 / $152,174 Per Unit / $233.50 Per SF sale of Solano Pointe Apartments,…
Across the top 30 markets CommercialEdge surveyed for its newest report, asking rents for industrial space averaged $6.31 per square foot in July and Phoenix led the nation with 24…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sales of The District at Fiesta Park, a 321-unit multifamily asset in Mesa and Arcadia on 49th,…
Phoenix saw the second-most data center leasing activity in North America in the first half of 2021, according to CBRE’s latest North American Data Center Trends Report. Phoenix had 20.0 megawatts (MW)…
Decron Properties continued its rapid expansion into the Phoenix MSA with its acquisition of Broadstone Grand, a 300-unit multifamily community in Tempe for $106.5 million. Since entering the market in…
Cushman & Wakefield has brokered the sale of a newly developed Class A industrial cross dock facility totaling approximately 450,600 square feet on over 29 acres in Goodyear. Constructed in…
LaPour Partners has sold its 199-room, 13-floor AC Hotel at Arizona Center in downtown Phoenix to Arbor Lodging Properties, a Chicago-based hotel investment and management firm. The hotel opened in…
