The median home sale price increased 14% year over year to $319,769—the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The 14% jump was the…
Russ Lyon Sotheby’s International Realty, Arizona’s leader in luxury real estate, announced the $24.1 million closing of what is now an Arizona record for the highest residential sale in the state.…
Upon the termination or expiration of a commercial lease, the tenant surrenders the leased spaced to the landlord. With the uptick in commercial tenants terminating their leases and vacating leased…
McCarthy Building Companies recently completed the new Emergency Department (ED) at Banner Boswell Medical Center, located at 10401 W. Thunderbird Blvd. in Sun City, Ariz. The new ED began seeing patients on Tuesday,…
A successful property tax appeal of new construction can reduce a property’s tax liability over the property’s life due to Arizona’s “Rule B” ratio. *** County assessors throughout Arizona have…
Jackson-Shaw, LaPour Partners, and JLL announced the sale of Parc Germann, a new 224,471-square-foot, two-building urban industrial development in Chandler, Arizona, to TA Realty LLC. Situated on 16 acres in…
Drexler Enterprises Inc., a Phoenix-based investment company, has sold a 12.26-acre development site, located at the northwest corner of Loop 202 and Baseline near Laveen for $2,220,503. The buyer was LGP…
Atlanta-based multifamily real estate, investment, and management company Cortland Partners made its largest complex purchase in Arizona, acquiring the 408-unit Metropointe Apartments in south Tempe for $96.75 million, according to…
Arizona’s tallest precast parking structure is now complete, bringing more than 2,000 new parking spaces to midtown Phoenix to support the Park Central revitalization. The new 10-story, $33.5 million, 551,750-square-foot…
For the operators of apartment communities and commercial real estate properties, self-guided tours are no longer merely a “nice-to-have” feature. They’re becoming more of a necessity. Socially distancing mandates due…
CBRE Arranges $5.7M sale of Class-A medical office in Tucson CBRE has completed the sale of a 14,844-square-foot property in Tucson, Ariz. that serves as OneOncology’s newest cancer treatment facility…
As the novelty and convenience of working from home wears off, many who have been forced to work from home for the past six months are beginning to long for…
