CBRE negotiated the sale of the 383-unit multifamily community Parcland Crossing to San Diego-based Sunroad Enterprises for $125 million. Sunroad renamed the community The Laurel Apartments. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt…
CBRE negotiated the sale of the 264-unit multifamily community Palm Valley in Goodyear, Ariz. to Tides Equities for $71.8 million. Tides Equities renamed the community Tides at Palm Valley. CBRE’s Tyler…
The Arizona commercial real estate industry is red-hot right now, ranking among the best markets for multifamily sales in the nation. Those rankings are backed up by the biggest commercial…
Mattamy Homes, North America’s largest privately owned homebuilder, announced that it has closed on a significant land purchase in the Town of Queen Creek, AZ. The 153-acre property, known as Empire Pointe,…
KB Home bought 39.9 acres of land in Gilbert for $12,999,000, according to the commercial real estate tracking website Vizzda. The price breaks down to nearly $326,000 per acre. The land is…
Lee & Associates, which specializes in providing exceptional commercial brokerage services of industrial, office, investment, multifamily, retail, and land, announced the landmark sale of The Scottsdale Plaza Resort, LLC. The buyer…
Tower 16 Capital Partners has sold IVilla Garden Apartments, a 214-unit multifamily project in Phoenix, for $30 million. The property was purchased by Tower 16 in February 2020 for $15.1 million in…
Consumer spending on retail has rebounded, eclipsing pre-COVID levels. Now, investor confidence – and demand – is following, evidenced by a bounce-back in retail real estate transaction volumes. Retail, especially…
47.1 acres of land in Apache Junction, located at Idaho Road, Old West Highway, and Apache Trail sold this past week for a total of $5,800,000 across four separate transactions,…
Newmark Knight Frank (“Newmark”) announced it has completed the sale of two grocery-anchored retail centers in Phoenix for a combined total of $14 million. Newmark’s Senior Managing Directors Steve Julius…
Mattamy Homes, North America’s largest privately owned homebuilder, announced that on June 11, 2021 it closed on a land purchase in the desirable Westside area of Tucson, AZ. The 27-acre property, purchased for $2.44 million,…
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.
