Newmark Knight Frank (“Newmark”) announced that it has completed the sale of three retail assets at Gilbert Crossroads in Phoenix, Arizona. The properties traded for a combined total of…
CBRE arranged the sale of the 205-unit multifamily community The Ledges at West Campus in Tucson, Ariz. to Tara Investment Group LLC for $33.75 million. CBRE’s Jeff Casper, Asher Gunter,…
CBRE arranged the sale of the multifamily communities Ascend at Kierland and Elite North Scottsdale to The Ezralow Company for $312.5 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional…
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)…
