Rents are on the rise across the country, and that’s a positive indicator for the industry and the economy at large, reports Yardi Matrix. Multifamily rents increased by 0.6% on a year-over-year…
Leading commercial real estate firm Lincoln Property Company (LPC) has announced the $68 million sale of a five-building industrial portfolio, representing 540,039 square feet of multi-tenant, fully leased infill space in key locations…
CBRE announced the $27 million sale of a 145,872-square-foot FedEx last-mile distribution center in Tempe, Ariz., to Realterm, a Maryland-based logistics real estate firm. The property is 100 percent occupied…
Newmark Knight Frank (“Newmark”) announced it has arranged a lease on behalf of OnePointOne, a Silicon Valley-based developer of vertical indoor farming, at Avondale 107, a large industrial development in…
Housing prices across the Valley exploded last year even as the area lost tens of thousands of jobs due to the COVID-19 pandemic. That trend shows no sign of slowing,…
Red Hawk Development has awarded Scottsdale-based Venn Construction to build the 48,000 sq. ft Red Hawk Garage Suites in North Phoenix on Happy Valley and 19th Ave. Scheduled to break…
Taylor Morrison, the nation’s fifth largest homebuilder and developer based in Scottsdale, bought 17 lots in North Phoenix for $2,858,095, according to the commercial real estate tracking website Vizzda. The cost of the…
The median home-sale price increased 17% year over year to $335,613—an all-time high—according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. However, year-over-year comparisons may more reflect the fact…
Kim Komando, the host of the popular consumer tech radio show with 3.5M+ listeners, called The Kim Komando Show, just put her Phoenix estate on the market for $6,350,000. According to Kim Komando,…
You just purchased your new home and closed escrow. You feel you did everything right. Among other things, you (1) read the purchase contract in detail, (2) obtained a home…
Through a challenging year for nearly every property sector, industrial real estate has consistently stood apart from the crowd. Having already had solid footing, the surge in e-commerce demand strengthened the sector…
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…
