NAI Horizon shows surge in owner/user demand with $10.58M sale
The office market in Metro Phoenix is experiencing a surge in demand for owner/user deals. In the past six months, approximately 55% of all office sales have been sold to…
The office market in Metro Phoenix is experiencing a surge in demand for owner/user deals. In the past six months, approximately 55% of all office sales have been sold to…
Renting an apartment in Greater Phoenix has become an increasingly costly endeavor since the onset of the pandemic. Zillow reports that as of July, the typical monthly rent in Phoenix…
Belgravia Group, Chicago’s award-winning real estate developer, has sold over 70% of the condominiums at Portico, the 112-unit luxury condominium project located at the Loop 101 and Scottsdale Road in North…
Evergreen Devco, Inc., a leading retail, multifamily and industrial development company, announced the groundbreaking of its first-ever industrial development in Arizona. The 9.4-acre site located northeast of the intersection of Litchfield…
Buying the first home is an important milestone in life. But often together with excitement and thrill comes the anxiety and the challenge of coming up with the down payment.…
Did you know there were 28,311 homes for sale in Arizona in July? That’s down 29% compared to the year-ago period. Meanwhile, the median sale price in July 2023 was…
NAI Horizon represented the tenant, a community bank, in a long-term sublease of office space at Scottsdale Centre in Scottsdale, Arizona. NAI Horizon First Vice President Joan Krueger represented Republic…
The Greater Phoenix retail market vacancy level hit a historic low 4.8 percent at the end of June, reflecting strong tenant demand in one of the nation’s fastest-growing cities, according…
Activity from cloud service providers continues to drive data center construction in Phoenix in the first half of 2023, helping the market retain its status as one of the primary…
Known as one of the country’s leading developers of Net Zero communities, MODUS Companies, has completed its latest project in the highly sought after Arcadia community of Phoenix, called Arcadia…
Housing for Hope, an affiliate of Catholic Charities Community Services, has received $4.5 million in funding commitment to purchase and convert a motel in Kingman, Ariz. into affordable, transitional housing for those experiencing…
Housing affordability in Arizona and nationally took another hit in the second quarter of 2023 primarily due to rising home prices and higher interest rates based on the latest National Association…