ViaWest Group announced the sale of 20.04 acres of land located at the SWC of John Wayne Parkway and Edison Road in Maricopa for $4,259,440. ViaWest originally purchased 22.75 acres…
Driven by demand from cloud services companies, Phoenix saw the eighth-most data center leasing activity in North America in H1 2020, and remains the fifth-largest data center market in the…
There was a general feeling of prosperity and buoyancy in the Phoenix office market a long, long time ago (circa February 2020), but those days are now only fond memories.…
With concerns about COVID-19 still lingering in the Phoenix metropolitan area, many workplaces have yet to welcome their employees back to the office. How productive employees are while working remotely…
CBRE has arranged a 10-year, 85,000-square-foot lease to GPMI Company, a disinfectant wipe manufacturer, at Gilbert Spectrum Building 1 in Gilbert, Arizona. The tenant will bring its manufacturing back to…
Axon Enterprise, Inc., was the successful bidder during a public auction of State Trust land at the southeast corner of Hayden Road and Loop 101 in Scottsdale. The 73.57-acre parcel’s…
Trammell Crow Company (TCC) and its partner, CBRE U.S. Development Partners 5, a fund sponsored by CBRE Global Investors, announce the completion of Park Aldea, a 356,000-square-foot four-building industrial development…
32 Arcadia, a 104-unit multifamily community, located at 3211 E. Pinchot Avenue in Phoenix, Arizona, has sold for $14,800,000. The buyer was Cowabunga Two, LLC, a private capital family office…
CBRE announced that The Craftsman Cocktails and Kitchen, a new American bistro and distillery concept, has signed a 6,375-square-foot lease at Hayden Peak Crossing, a prominent neighborhood retail center at…
Newmark Knight Frank (NKF) announces the $41 million sale of The Vineyard Apartments, located at 6706 North Dysart Road in Glendale, Arizona. Director Chris Canter, Executive Managing Director Brad Goff…
Real estate is one of Arizona’s most powerful economic drivers in Arizona. However, certain real estate investors could see a decline in profits and their income tax rate could increase…
The coronavirus pandemic threw the commercial real-estate world into disarray. Employees and business owners emptied out their offices, hotels took a big pause, and malls have had significant difficulty keeping…
