Greater Phoenix posted its strongest industrial market conditions during first quarter 2022, according to a report from Colliers. Vacancy fell to a historic low level of 4.0 percent during the…
Northmarq’s Phoenix-based investment sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle, brokered the $28,500,000 sale of Mission Creek apartments and the $26,350,000 sale of San Marin…
The University of Arizona’s new $85-million, four-story Applied Research Building (ARB) recently reached the construction topping-out milestone for the 89,000-square-foot facility. The ARB, located at the southeast corner of Helen…
The Arizona Multihousing Association (AMA) has launched a new program called Arizona Housing for All, which will address the regulatory issues at the local, state, and federal levels to combat…
ViaWest Group and Nicola Wealth Real Estate have purchased a 20.77 Acre industrial development site in Mesa for $9.692 million. The development known as Advanced Industrial Park will be comprised…
Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, has sold Park Central Luxury Townhomes, a 56-unit townhome rental community in Phoenix, Arizona to…
The housing market is hot and is continuing to heat up as we enter one of the busiest seasons for homebuying. If you are looking to purchase a home this…
Tower 16 Capital Partners has acquired Nottinghill Apartments, a 322-unit multifamily property in Tucson, AZ in an off-market transaction for $35.5 million. Nottinghill is Tower 16’s third investment in Tucson…
CBRE arranged the sale of a 10,739-square-foot office property in Scottsdale to a private Northern California-based buyer for $5.7 million. The property sold at a $531 per square foot, which…
David Krumwiede, a 36-year veteran of the commercial real estate industry and Senior Executive Vice President for Lincoln Property Company (LPC), has been named NAIOP Arizona’s 2021 Award of Excellence recipient.…
Scottsdale-based ReNUE Properties today announced the official sale of its affordable housing portfolio to Starwood Real Estate Income Trust for $345 million. The deal, which includes seven properties across metropolitan Phoenix, is the largest…
Rent prices in Gilbert and Chandler are way up. New data from Rent.com shows renters are paying 81% more for a studio in Gilbert compared with this time last year. READ ALSO: Heritage…
