Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Onnix, a 659-unit multifamily asset in Tempe, Ariz. The property sold for $117.5 million, which…
The Greater Phoenix industrial market has surged during the COVID-19 pandemic, driven largely by the country’s increased use of e-commerce and elevated grocery shopping while restaurants were closed, according to…
CBRE Capital Markets’ Debt & Structured Finance team headed by Jesse Weber and Andrew Behrens recently facilitated the refinance of Tuscany Ridge on behalf of AUK-Tuscany Ridge LLC (Aukum Group) out…
Phoenix’s business-friendly environment and diverse workforce continues to attract new tenants to the market and support existing companies as they develop short- and long-term strategies in the new pandemic economy, according…
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 238 acres of ranch…
Sublease availability has become a noteworthy element of the office market, increasing approximately 133 percent year-over-year since last September, according to a report from Colliers International. As a result, Colliers…
An affiliate of Mack Real Estate Group (MREG) has completed the $59 million acquisition of The Hub at Goodyear, a new, 793,862-square-foot industrial facility located in Goodyear, AZ, in a…
In a welcome signal for the Phoenix region’s economic recovery, industrial real estate development projects will continue to heat up over the next year and beyond with the hottest market…
Lee & Associates announced the recent sale of 246 East Watkins Street, a single-story, 27,060 square foot, industrial warehouse building located within an Opportunity Zone in Phoenix. Originally constructed in…
Jackson-Shaw, LaPour Partners, and JLL announced the sale of Parc Germann, a new 224,471-square-foot, two-building urban industrial development in Chandler, Arizona, to TA Realty LLC. Situated on 16 acres in…
Drexler Enterprises Inc., a Phoenix-based investment company, has sold a 12.26-acre development site, located at the northwest corner of Loop 202 and Baseline near Laveen for $2,220,503. The buyer was LGP…
Atlanta-based multifamily real estate, investment, and management company Cortland Partners made its largest complex purchase in Arizona, acquiring the 408-unit Metropointe Apartments in south Tempe for $96.75 million, according to…
