• Bascom Arizona buys Tempo at McClintock for $89.2M - Read Article

    Bascom Arizona buys Tempo at McClintock for $89.2M

    2019-03-04T11:40:58-07:00

    Bascom Arizona Ventures, LLC a subsidiary of Irvine, California-based private equity firm The Bascom Group, LLC has acquired the Tempo at McClintock Station Apartments (“Tempo”). Tempo is a mid-rise multifamily property…

  • Here are the finalists for the 2019 RED Awards - Read Article

    Here are the finalists for the 2019 RED Awards

    2019-03-04T08:00:54-07:00

    The annual Real Estate & Development (RED) Awards are back, highlighting impressive projects completed in the last year and the owners, developers, architects and contractors who made these awe-inspiring projects possible. The…

  • CBRE sells Fiesta Tech Center in Gilbert for $18M - Read Article

    CBRE sells Fiesta Tech Center in Gilbert for $18M

    2019-03-01T13:50:51-07:00

    CBRE announced the sale of Fiesta Tech Center, a 243,370-square-foot manufacturing and office facility occupied by Keter Plastics in Gilbert, Ariz. Nearon Enterprises acquired the asset from Los Angeles-based Fiesta…

  • Study: Cap rate stability expected to continue - Read Article

    Study: Cap rate stability expected to continue

    2019-03-01T10:50:18-07:00

    Strong economic growth, abundant capital, and a favorable supply and demand environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the second half of 2018,…

  • Baron Properties breaks ground on The McKinley - Read Article

    Baron Properties breaks ground on The McKinley

    2019-03-01T10:02:05-07:00

    As part of the final phases of a development agreement with the City of Phoenix, Metrowest Development and Baron Properties and Haselden Investments are proceeding with new residential development projects…

  • 20 acres in Mesa Opportunity Zone sell for $2.25M - Read Article

    20 acres in Mesa Opportunity Zone sell for $2.25M

    2019-02-28T16:51:40-07:00

    You have been hearing and reading about the new capital gains tax incentives associated with the Opportunity Zones and investors and developers are taking interest quick.  SVN Desert Commercial Advisors…

  • ORION sells new construction restaurant for $995 SF - Read Article

    ORION sells new construction restaurant for $995 SF

    2019-02-28T08:45:46-07:00

    ORION Investment Real Estate announced the sale of a newly constructed, single tenant net leased building in highly sought after Downtown Tempe, Arizona. Property-adjacent is The Local, anchored by well-known…

  • George Oliver unveils $17M CASA redevelopment - Read Article

    George Oliver unveils $17M CASA redevelopment

    2019-02-26T14:50:59-07:00

    Phoenix-based commercial real estate investment and operating company George Oliver has unveiled plans for its new CASA redevelopment, a 181,188-square-foot, Class A office building in Phoenix’s booming Uptown neighborhood. Through a $17…


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