Four years ago, Jason Kush of J.P. Kush Construction kicked off the Lomas Verdes project, a semi-custom luxury home community located off 64th Street and Jomax Road. The Lomas Verdes…
2020 will go down as the year COVID-19 changed everything. As the pandemic became rampant, many initially feared that multifamily rents would rapidly decline. But many metros have emerged from…
A joint venture led by ViaWest Group has acquired a three-building, 288,500-square-foot office portfolio in Tempe, Ariz. Insight Enterprises Inc. sold the properties, which include its corporate headquarters, for $26.9…
CBRE announced the sale of a 26,174-square-foot Class A creative office building in Phoenix to a private investor for $9.75 million. At $372 per square foot, the sale sets a…
Crescent Communities has selected McShane Construction Company to provide construction services for NOVEL Val Vista. Located in Gilbert, Arizona, the new multi-family community will contain 317 units. “We’re thrilled to…
Legacy Traditional Schools announced the opening of three new, tuition-free public K-6 charter schools in Arizona in fall 2021. The campuses will be located in Mesa (southeast corner of Val…
ABI Multifamily – the leading multifamily brokerage and advisory services firm in the Western US – announced the $24.25 million / $151,563 Per Unit / $204.66 per square foot sale…
CBRE has arranged the $15 million sale of Tri-City Pavilions, a 94,268-square-foot Safeway grocery-anchored shopping center in Mesa, Ariz., to HK Real Estate Investment. Glenn Smigiel, Bob Young and Rick…
Real estate experts project that home sales will jump by 5% from 2020 to 10% this 2021. According to them, 2021 will have more home sales than any year since 2006.…
The Greater Phoenix industrial market posted its largest amount of net absorption in history during 2020, according to a report from Colliers International. The city posted 13.9 million square feet…
KBS, one of the largest investors in premier commercial real estate in the nation, announced today that it has sold a 333,014 square-foot Class A office property in Phoenix, Arizona. The property, Anchor Centre, was sold to TerraCap for $103.5 million after…
When 2020 began, the commercial real estate industry was enjoying calm winds at its back and smooth sailing ahead. The forecast changed rapidly, and by the middle of 2020, it…
