Construction input prices rose 2.2% in June, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input…
CBRE Capital Markets Debt & Structured Finance has arranged a $22 million loan for the acquisition of a 285,022-square-foot cold storage facility in Phoenix. CBRE’s Bruce Francis, Robert Ybarra, Shaun…
CapRock Partners, a leading private industrial investment and development firm based in Newport Beach, Calif., today announced it has acquired a newly constructed industrial building located at 4615 W. McDowell…
A sizable industrial building located at 7400 W. Buckeye Rd. has been sold for $30,700,000. Cohen Asset Management of Los Angeles has purchased the property from Kansas City Life Insurance…
Cushman & Wakefield announced today the firm has brokered the sale of approximately 83 acres of land in Phoenix, Arizona. The property was acquired by an entity formed by Phoenix-based…
JPI announced today the sale of Jefferson Town Lake, a 244-home, 1.6-acre luxury apartment community in the Phoenix suburb of Tempe, to national multifamily company Fairfield Residential. Tempe, located just…
Evergreen Devco, Inc., a leading retail and multifamily development company in the western U.S., announced today that it has acquired Chandler Pavilions, a 163,594 square-foot high traffic retail center in Chandler,…
Student loans: they are the bane of both Millennial and Gen X existence. Many people, especially prospective home-buyers, have lost confidence in their finances as they watch their pockets shrink…
The construction industry in Arizona continued to deliver high-quality projects during the first half of 2020 and it looks like that momentum will continue all the way through the year.…
Despite the challenges and uncertainties ahead, West Valley economic leaders retain optimism for the future, by looking back in the past. Developers and West Valley city leaders gathered for the…
The COVID-19 crisis has had a significant impact on the housing market and the full effect may not be seen for another 12-18 months. As the economy ground to a…
Five Star Development – builder of The Palmeraie luxury community and accompanying Ritz-Carlton, Paradise Valley – has filed suit against the Town of Paradise Valley in Arizona Superior Court. The…
