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…
Conor Commercial Real Estate and joint venture partner WHI Real Estate Partners have sold the first phase of Lotus Project to a Chicago-based investment advisor. The newly built industrial park…
Bedbrock Developers bought three lots in Paradise Valley for $4,149,000, according to the commercial real estate tracking website Vizzda. The cost of the land, located at the southwest corner of…
Two land sales totaling almost $5 million – one in Phoenix and another in Casa Grande – highlight recent deals closed by NAI Horizon professionals. Sale Transactions: Isy Sonabend and…
DAUM Commercial Real Estate Services has completed the sale of a 10-acre land parcel located at the Southwest corner of 15th Avenue and Pinnacle Peak Road in the Deer Valley submarket…
Scottsdale-based Starpoint Commercial Properties bought 6.08 acres of land in Mesa for $5,775,000, according to the commercial real estate tracking website Vizzda. The cost of the land, located at the northeast…
Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, announced the sale of a ±729,020 square foot Opportunity Zoned land assemblage slated for mixed-use redevelopment for…
S&J Enterprise LLC bought 2.42 acres of vacant land in Surprise for $6,128,000, according to the commercial real estate tracking website Vizzda. The cost of the land, located at the southeast…
