Many real estate investors determine the value of an income property by using the capitalization rate, also known as the “cap rate.” However, this is absolutely the one most misused…
Historic Buildings – Arizona has a history that ranges from historic wonders, such as the Grand Canyon, to remarkable buildings. Each year the Arizona Preservation Foundation releases their Arizona Most Endangered Historic…
Arizona-based general contractor Sundt Construction has expanded its operations, opening three satellite offices in Albuquerque, N.M.; Cary, N.C. and El Paso, Texas. The offices will support active projects in those…
Is Commercial Real Estate On the Upswing? While many people have been watching the housing-market crisis in the Valley, fewer have paid attention to the situation in commercial real estate.…
1. Different geographical areas bring very different results When you are looking to invest in Arizona commercial real estate, different geographical areas of the market can have dramatically different results…
CB Richard Ellis released its 2Q 2011 market analysis of the Phoenix area office, industrial and retail sectors and report highlights include: Office The office market vacancy rate decreased slightly…
An estimated 450,000 U.S. office jobs have moved offshore in recent years, and that number will likely grow as high as 3.4 million by 2015, according to a study performed…
SALT RIVER SCOTTSDALE 101 COURTYARD BY MARRIOTT Developer: Salt River Devco General contractor: W.E. O’Neil Architect: PK Architects Location: Pima Rd. north of Chaparral Rd., Scottsdale Size: 96,705 SF The $22M, 156-room hotel will be…
YUMA REGIONAL MEDICAL CENTER DATA CENTER IT BUILDING Developer: Yuma Regional Medical Center General contractor: McCarthy Building Companies Architect: Archsol Location: Yuma Size: 12,500 SF The $5.2M freestanding data center will help YRMC transition to…
The slowly recovering economy is revitalizing the multi-family market in Arizona, restoring the industry to robust health. Rents are up, vacancies down, and, unlike most commercial real estate segments, any…
Figuring out the bottom line return on investment figures for installing solar panels on commercial buildings is a bit like hitting a moving target. Incentives from utilities are apt to…
BANNER HEALTH CENTER – MARICOPA Developer: Banner Health General contractor: DPR Architect: SmithGroup Location: SWC of Alan Stephens Parkway and Porter Rd., Maricopa Size: 40,000 SF (Phase I) The $17.2M Banner Health Center will be…
