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…
CRG, the real estate development and investment arm of Chicago-based Clayco, announced today it is developing The Cubes at Glendale, a 335-acre industrial park featuring 5.5 million square feet at…
Phoenix offers one of the most favorable development markets for commercial construction in the U.S. according to CBRE’s U.S. Development Opportunity Index. The Valley of the Sun secured the third overall…
Housing markets weathered a challenging 2020 with a strong second half. But will the positive trends hold? Here are the five biggest questions for real estate, and who should care…
There was a lot of bad news to go around in 2020, as many businesses in Arizona were affected by the COVID-19 pandemic. As our attention turns to what lies…
Impact of the COVID-19 pandemic has clearly arrived in Phoenix office market statistics for fourth quarter 2020, according to a Colliers International report. The city had its first quarter of…
Good Earth Power AZ and its operating entity, NewLife Forest Products, Arizona’s leading forest products company, has acquired a large-scale industrial manufacturing facility located at 14005 West Old Highway 66…
SunCap Property Group has sold a 135,745-square-foot light industrial building forming part of its 63-acre Gilbert Spectrum Business Park in Gilbert, Ariz. Boston-based GID Industrial paid $23.2 million for the…
