Tight vacancies and high demand are sparking bidding wars for industrial space across the U.S., driving both asking and taking industrial rent growth to new highs.
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Level at Sixteenth, a 240-unit, mid-rise apartment community in the urban core of Phoenix,…
With thousands of acres of flat open land ideally situated midway between Phoenix and Tucson, and with easy access to major highway, rail and air transportation, it’s no wonder that…
Rise48 Equity announced its 12th acquisition in Phoenix since 2019. Cascada Del Sol Apartments is a $26,700,000, 166-unit multifamily apartment property located in Central Phoenix, Arizona. Cascada Del Sol is…
NAI Horizon announced that it assisted in negotiating the sale of the iconic Duke Photography business to local investor Aaron Klusman and his operating partners, Eric and Darcy Carter. NAI…
The Greater Phoenix industrial market posted its largest amount of net absorption in history during 2020, according to a report from Colliers International. And another report shows that Phoenix is the sixth-hottest U.S.…
The Hardy luxury townhomes, located at 909 West 2nd Street, sold today for $10,000,000, $500,000/unit, or $292.91/square foot. This is the highest price per unit recorded in the past two…
Harvard Investments, an Arizona-based real estate investment and development company is in escrow to sell two commercial pads within its Arrival at Cadence commercial center to Thompson Thrift Retail Group (TTRG),…
CBRE announced the sale of a three-building office and industrial property at the Price Road Corridor in Chandler, Ariz. to EQ Exeter Property Group for an undisclosed price. CBRE’s Barry Gabel, Chris Marchildon and Will Mast represented the…
Leading general contractor Graycor Construction Company has completed a near 57,000-square-foot Chandler, Arizona campus expansion for Rinchem, the world’s largest network of chemical and gas distribution centers. The addition increases Rinchem’s local footprint…
Newmark Knight Frank (“Newmark”) announced it has completed the sale of Urban Park Apartments, a 104-unit multifamily property in Downtown Phoenix. Newmark’s Managing Director Chris Canter, Senior Managing Director Brett…
Landsea Homes Corporation, a publicly traded residential homebuilder, announced today that it has closed on 247 homesites at Bentridge, located in the heart of Buckeye, Arizona. “Bentridge is an…
