• Phoenix Commercial Advisors sells The Collective Shops - Read Article

    Phoenix Commercial Advisors sells The Collective Shops

    2020-01-25T08:30:52-07:00

    Phoenix Commercial Advisors facilitated the sale of The Collective Shops, six-tenant shops in the heart of Tempe, Ariz., shadow-anchored by Alamo Drafthouse Cinema. The property, located on 2.59 acres on…

  • Navigating the future of construction - Read Article

    Navigating the future of construction

    2020-01-25T06:00:06-07:00

    The construction industry is as busy as we’ve ever seen it — and a historic number of projects are being built in cities across the country. At the same time,…

  • IPA sells Parc Midtown for $78.5M - Read Article

    IPA sells Parc Midtown for $78.5M

    2020-01-24T13:05:59-07:00

    Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Parc Midtown, a 306-unit apartment complex in Phoenix, Arizona. The $78.5 million sales price equates to $256,536 per unit. “Influenced…

  • Union @ Roosevelt sells to investor for $27M - Read Article

    Union @ Roosevelt sells to investor for $27M

    2020-01-24T13:00:23-07:00

    Union @ Roosevelt, a recently developed mixed-use project within the popular Roosevelt Row district of Downtown, has been sold to a Chicago-based investor for $27 million.  Located at 888 N.…

  • Metro Phoenix Bank finances Hyatt Place project in Flagstaff - Read Article

    Metro Phoenix Bank finances Hyatt Place project in Flagstaff

    2020-01-24T10:51:20-07:00

    Metro Phoenix Bank announced an eight-figure credit facility to Krista R Corporation, further reinforcing MPB as a seasoned commercial real estate lender within the Arizona construction market. Jay Olson, principal of…

  • Sonesta on University apartments sell for $43.6M - Read Article

    Sonesta on University apartments sell for $43.6M

    2020-01-24T10:50:05-07:00

    CBRE has arranged the sale of the 212-unit multifamily community Sonesta on University on behalf of Knightvest Residential to Western Wealth Capital (WWC) and its investor partners for $43.6 million.…

  • Construction contractor confidence surges into 2020, says ABC - Read Article

    Construction contractor confidence surges into 2020, says ABC

    2020-01-23T13:50:27-07:00

    Confidence among U.S. construction industry leaders increased in November 2019 with respect to sales, profit margins and staffing, according to the Associated Builders and Contractors Construction Confidence Index released today.…


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