Leasing your real estate property to a tenant is an excellent source of passive income. All you have to do is charge a rent that’s more than the monthly mortgage…
Colliers International brokered the sale of Agave Center, a 2.46-acre shopping complex in Scottsdale, AZ. With 16,038 square feet of retail space and positioned at the highly trafficked intersection of…
CBRE and Newmark announced the $110 million sale of PetSmart’s corporate headquarters campus in Phoenix to Portland, Oregon-based BPM Real Estate Group. CBRE’s Barry Gabel, Chris Marchildon and Will Mast along with Newmark’s Kevin Shannon, Ken White and CJ…
Newmark Knight Frank (NKF) announced it has arranged the sale of a new 146,500-square-foot distribution and manufacturing facility in Phoenix, Arizona to a 1031-exchange investor for $16.8 million. NKF’s Executive…
KKR has acquired a five-building, 540,000-square-foot industrial portfolio in Phoenix for $68 million through its Americas opportunistic equity real estate strategy. According to CommercialEdge information, the previous owner was Lincoln…
The 2010s will be remembered as a period of all-round economic growth, including in office construction. In particular, the last decade set the stage for several landmark office building projects,…
Surf’s up Mesa! A 37-acre surf, shop, gym and multi-use development project is set to break ground on Tuesday, March 30 at 11 a.m. The surf oasis is being made…
Will rising interest rates cool our red-hot housing market? The answer is: It’s a chicken and egg dilemma. Here’s what you need to know. READ ALSO: 5 Arizona housing market…
CBRE announced the sale of the 389-unit multifamily community Almeria at Ocotillo in Chandler, Ariz. to a New York-based pension fund advisor. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional…
Phoenix was named the top growth market in North America for large-warehouse leasing activity in the industrial sector, with 9.1 percent of its inventory absorbed in 2020, according to a…
Owning real estate is one of the best investments you can make. Simply owning a home gives you the opportunity to build wealth. But buying an investment property can earn…
In a turbulent year with overall U.S. commercial real estate volume decline, increased activity in some alternative investments and alternative property sectors was a bright spot for the industry. Alternatives…
