A wave of new Metro Phoenix industrial construction continues to drive vacancy rates, according to a report from Kidder Mathews. MORE NEWS: Phoenix defies trends to lead U.S. in industrial…
Despite record supply and economic uncertainty, the distribution and warehousing sector remains resilient. While the pandemic-driven e-commerce boom is well in the rear-view, distribution still dominated the largest industrial projects…
While many markets have seen their pipelines shrink considerably in 2024, Phoenix is an exception. There are 36.8 million square feet of industrial development underway in Phoenix, with 10.6 million…
Full-service commercial real estate firm Lincoln Property Company (Lincoln) and partner Goldman Sachs today announced the sale of Buckeye85, a Class A industrial building located in the heart of metro Phoenix’s Interstate…
Paradise Hills Shopping Center, located at 10604-10662 N. 32nd St. and 3110-3116 E. Shea Blvd. in Phoenix, has been purchased by Westwood Financial, LLC, a national retail property investor. The…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale and financing of Ponderosa Park, a 120-unit apartment property in Flagstaff, Arizona. The asset sold for…
Cushman & Wakefield has advised seller ViaWest Group in the sale of Canyon Corporate Center, a 311,706-square-foot Class A office campus on a total of approximately 11.6 acres. MORE NEWS: The…
Stos Partners, a leading commercial real estate investment and management firm specializing in the value-add space, announces its closing of 236 and 240 North 48th Avenue in Phoenix. The 5.3-acre property includes…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Desert Club, a 497-unit multifamily asset in Phoenix, Arizona. The property sold for $187.5 million,…
Recreational Investment Group LLP recently completed the $1 million purchase of 15.95 acres in Camp Verde, which its plans to develop into a new RV resort park. The vacant property,…
Industrial development remains strong in the Valley, with CBRE reporting that 45 buildings totaling 9.1 million square feet were delivered in Q2 2024, with nearly 25% of that space being…
On behalf of KBC Advisors Arizona, Phoenix-based Stevens-Leinweber Construction (SLC) has delivered Empire 101, a brand new Class A industrial building offering Loop 101 freeway frontage, just 12 minutes from the growing Taiwan…
