Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Tucson V, a five-property, 880-unit multifamily portfolio in Tucson, Arizona. The assets traded for $130…
The national average for in-place industrial rents across the top 30 U.S. markets reached $6.45 per square foot in February, increasing 4.4% year-over-year. At the same time, the average price of leases…
Driven by demand from large cloud service providers, data center leasing activity in Phoenix set new records in 2021, according to a new report from CBRE. Phoenix had 29.8 megawatts…
Holualoa Companies has unveiled plans to revitalize the Park One office development in the Biltmore area in Phoenix as it rebrands the property to its new name, WaterView. The 217,433-square-foot…
Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, announces its further expansion in the Phoenix market with the…
Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, announced the sale of an industrial manufacturing building in the Southeast Valley in Chandler, Arizona. The 25,000…
For many, Phoenix malls conjure up memories of summer breaks as a youth with nowhere else better to be, convenient one-stop shopping trips for the whole family and the somewhat…
A bill to decrease Arizona’s commercial property tax assessment ratio to 15% over the next five years would achieve a goal set decades ago by the Citizen’s Finance Review Commission…
Phoenix-based Unbound Development set the table for a large-scale industrial development near Phoenix Mesa Gateway Airport and recently completed a transaction with Greystar, who will now finish the process. Unbound…
Leading global real estate investor, asset manager and business builder Oxford Properties Group (“Oxford”) and prominent real estate investment management firm EverWest Real Estate Investors (“EverWest”) have closed on the $26.34 million…
The Arizona Builders Alliance (ABA) announced the addition of Stephen Nichols to its team. Nichols, a long-time volunteer instructor with the ABA, will take on the part-time role of Instructional…
A joint venture of CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, and Wood Partners (“Wood”), a leading, fully integrated real estate company with expertise…
