• Elliot 94 fully leased, Elliot 96 nearing completion - Read Article

    Elliot 94 fully leased, Elliot 96 nearing completion

    2025-05-23T07:25:00-07:00

    On May 14, Kitchell Development Company announced that Abbott Label, a wholesale custom printing company, has leased the final 50,509 square feet of vacancy at Elliot 94, completing the lease-up of the premier Class…

    Elliot 94 fully leased, Elliot 96 nearing completion
  • Ocotillo Bay apartment community in Chandler sells for $90.5 million - Read Article

    Ocotillo Bay apartment community in Chandler sells for $90.5 million

    2025-05-16T05:10:16-07:00

    CBRE negotiated the sale of Ocotillo Bay, a 296-unit multifamily community in Chandler, Ariz. CBRE’s Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen represented the seller, a national fund manager. New York-based TGM acquired Ocotillo…

    Ocotillo Bay apartment community in Chandler sells for $90.5 million
  • Thunderbird Commerce Park adds 243,360 SF to Scottsdale - Read Article

    Thunderbird Commerce Park adds 243,360 SF to Scottsdale

    2025-05-14T11:10:00-07:00

    LGE Design Build (LGE), an award-winning integrated design-build firm, announced on May 12 the completion of construction on Thunderbird Commerce Park, a 243,360-square-foot Class-A industrial building in Scottsdale Airpark developed by Creation.…

    Thunderbird Commerce Park adds 243,360 SF to Scottsdale
  • Here’s how Phoenix office asking rents compare with U.S. - Read Article

    Here’s how Phoenix office asking rents compare with U.S.

    2025-04-30T07:05:00-07:00

    Western office markets faced mounting challenges in December 2024, with San Francisco standing out. The city saw record-high vacancy rates of 28.8% driven by a wave of lease expirations and declining demand. These pressures have also weighed…

    Here’s how Phoenix office asking rents compare with U.S.
  • Sanctuary at South Mountain BTR property sells for $48 million - Read Article

    Sanctuary at South Mountain BTR property sells for $48 million

    2025-04-30T04:15:29-07:00

    San Diego-based Tower 16 Capital Partners in partnership with Raith Capital Partners has successfully acquired Sanctuary at South Mountain, a 166-unit horizontal Build-to-Rent (BTR) property located near South Mountain in Phoenix. The…

    Sanctuary at South Mountain BTR property sells for $48 million
  • CBRE sells Broadstone Uptown PHX apartments for $87 million - Read Article

    CBRE sells Broadstone Uptown PHX apartments for $87 million

    2025-04-25T09:25:00-07:00

    CBRE negotiated the sale of Broadstone Uptown PHX, a 280-unit luxury multifamily community in Phoenix, Ariz. CBRE’s Austin Groen, Matt Pesch, Asher Gunter and Sean Cunningham represented the seller, Alliance Residential Company. Phoenix-based Christiansen Ventures LLC…

    CBRE sells Broadstone Uptown PHX apartments for $87 million

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