• 33 lots in North Phoenix sell for more than $5M - Read Article

    33 lots in North Phoenix sell for more than $5M

    2021-04-05T10:05:43-07:00

    Taylor Morrison, the nation’s fifth largest homebuilder and developer based in Scottsdale, bought 17 lots in North Phoenix for $2,858,095, according to the commercial real estate tracking website Vizzda. The cost of the…

  • 59% of homes under contract within 2 weeks — fastest on record - Read Article

    59% of homes under contract within 2 weeks — fastest on record

    2021-04-05T10:00:28-07:00

    The median home-sale price increased 17% year over year to $335,613—an all-time high—according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. However, year-over-year comparisons may more reflect the fact…

  • Top 10 markets for industrial transactions in 2020 - Read Article

    Top 10 markets for industrial transactions in 2020

    2021-04-03T10:45:52-07:00

    Through a challenging year for nearly every property sector, industrial real estate has consistently stood apart from the crowd. Having already had solid footing, the surge in e-commerce demand strengthened the sector…

  • Colliers sells Agave Center in Scottsdale for $9.775M - Read Article

    Colliers sells Agave Center in Scottsdale for $9.775M

    2021-04-02T08:30:34-07:00

    Colliers International brokered the sale of Agave Center, a 2.46-acre shopping complex in Scottsdale, AZ. With 16,038 square feet of retail space and positioned at the highly trafficked intersection of…

  • CBRE and Newmark sell PetSmart HQ for $110M - Read Article

    CBRE and Newmark sell PetSmart HQ for $110M

    2021-04-02T08:10:51-07:00

    CBRE and Newmark announced the $110 million sale of PetSmart’s corporate headquarters campus in Phoenix to Portland, Oregon-based BPM Real Estate Group. CBRE’s Barry Gabel, Chris Marchildon and Will Mast along with Newmark’s Kevin Shannon, Ken White and CJ…

  • NKF sells new Phoenix industrial building for $16.8M - Read Article

    NKF sells new Phoenix industrial building for $16.8M

    2021-04-01T12:50:43-07:00

    Newmark Knight Frank (NKF) announced it has  arranged the sale of a new 146,500-square-foot distribution and manufacturing facility in Phoenix, Arizona to a 1031-exchange investor for $16.8 million. NKF’s Executive…

  • KKR makes $68M Phoenix industrial investment - Read Article

    KKR makes $68M Phoenix industrial investment

    2021-04-01T10:50:29-07:00

    KKR has acquired a five-building, 540,000-square-foot industrial portfolio in Phoenix for $68 million through its Americas opportunistic equity real estate strategy. According to CommercialEdge information, the previous owner was Lincoln…


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