Navigating the future of construction
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,…
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,…
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, 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.…
Edkey, Inc., also recognized as Sequoia Charter Schools, has purchased 8.66 acres within Buckeye Parkway Center at the southeast corner of Interstate 10 and Verrado Way in Buckeye. The company…
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…
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.…
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.…
SVN Desert Commercial Advisors completed the sale of First McKinley, a development site located at the NWC of 1st Ave. and McKinley St. in downtown Phoenix. The property was acquired…
Lincoln Property Company (LPC) has won a “The Outstanding Building of the Year” (TOBY) award for its management of The Grand – the first of eight Class A office buildings…
Palmer Development Group of Scottsdale has broken ground on its mixed-use project called The Edge, which is located on the northeast corner of 90th Street & Loop 101 in Scottsdale.…
A record number of applicants applied for the 2020 NAIOP Arizona Developing Leaders Mentor Program, known as the Young Professionals Group (YPG). Twenty-six protégés, or young professionals, who come from all…
Apartment rents witnessed the slowest annual rise in 17 months – a 3% increase in one year, reaching $1,474, according to a report from RENTCafé. The national average rent ended…