New-home sales hit 2-year high
Sales of new homes in the United States rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the…

Sales of new homes in the United States rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the…
The Tucson Spectrum Shopping Center sold to a publicly-traded investment trust for $125.4M. DDR Corp. purchased the 709,811 SF and seven developable finished retail pads of the Phase II portion…
Elliot Business Park has launched the final phase of its 1 MSF project, bringing 316,000 SF of investment-grade warehouse distribution space to market by the end of the year. The…
Plaza Companies enjoyed a strong second quarter of leasing activity while also enhancing its leasing team in the process. The company signed a total of $6.7M in new leases in…
Shea Homes Arizona will open its sixth and seventh new community this year, Ridgeview and Hideaway at Johnson Ranch. The anticipated opening is November 2012 with 6 model homes breaking…
Peaks Corporate Park LLC of Scottsdale purchased The Peaks Office Buildings — two, 2-story office buildings at 7669 and 7689 E. Pinnacle Peak Rd. in Scottsdale. Built in 2008, the…
Contract logistics specialist Exel has leased 237,000 SF at 7210 W. Van Buren St., Phoenix, announced Jim Wilson of Cushman & Wakefield, Inc. The property will serve as a retail distribution center for a…
From the foreclosure crisis to roller-coaster home prices and a trove of new investors, we’re watching the world of real estate dramatically change. This evolution has some real estate professionals…
The Desert West Region office of Lincoln Property Company, a full-service real estate firm providing development, investment, property management, receivership, leasing and construction management, announced the expansion of its property…
The cost of key construction materials dropped for the third consecutive month in July, pushing down year-over-year prices for the first time since 2009, according to an analysis of producer…
Liberty Property Trust today announced that it will develop a 140,000 SF, 2-story office building for Aetna Insurance on 12 acres of land at Liberty Cotton Center Business Park. “Aetna…
A major lease was recently completed at Westside Business Park Bldg 4, 8602 W. Buckeye Rd. in Tolleson. The 8-year, 238,450 SF lease transaction is for more than 40% of…