9.8 acres of commercially zoned land located at the SWC of Litchfield Road and Sweetwater Avenue in Surprise traded recently for $1,113,306 or $2.61 per square foot, plus $0.48 per…
Langley Properties acquired 709 acres of land in Florence for $21,700,000, according to the commercial real estate tracking website Vizzda. The seller was Sunbelt Holdings. READ ALSO: Here’s the outlook for land…
K Hovnanian Homes acquired 80 partially finished lots near Queen Creek for $5,800,000, according to the commercial real estate tracking website Vizzda. The seller was Wayne DeStefano. READ ALSO: Fulton Homes…
An entity traced to Trammell Crow, one of the nation’s largest commercial real estate developers and investors, bought 24.48 acres of land in Tolleson for $6,398,566.14, according to the commercial…
Nutex Health has purchased the Gilbert Emergency Hospital at 5656 S. Power Rd. in Gilbert, Ariz. The healthcare provider paid $10,500,000 for the property, which will serve as the company’s…
Del Mar, a beach city in California, was initially developed as a resort town for the wealthy. Over the years, it has slowly transformed into a commercial hub, with employment…
Nicola Wealth Real Estate (NWRE) and Hopewell Development (Hopewell) are strategically developing three industrial properties in low-tax, low-regulation Southwestern states with high migration. NWRE’s focus is growing an industrial portfolio…
The Land Agency, an Arizona-based land brokerage firm, announced today the successful closing of +/- 28.60 acres located in the high deserts of North Scottsdale. The property is generally located…
Forestar Group acquired 325 planned lots in Buckeye for $5,362,500, according to the commercial real estate tracking website Vizzda. The seller was TGV Investments. The sale price breaks down to $16,500…
San Isidro Six Investments bought 5.4 acres of land in Peoria for $2,117,025, according to the commercial real estate tracking website Vizzda. The seller was Ali Mojaverian. The land is located at the…
Newport Beach, Calif.-based BKM Capital Partners sold Tempe Commerce Park, a five-building, multi-tenant, light industrial park in Tempe, Arizona, for $85.35 million. The buyer of the 536,051 square-foot asset was…
Industrial real estate continues to see strong rent growth and high demand, driven by pandemic-prompted online shopping trends. Industrial rents averaged $6.44 per square foot in January, a 5.1% increase…
