Rise48 Equity announced its 11th acquisition in Phoenix since 2019, Revival on Indian School Apartments, a 96-unit multifamily apartment property located in Phoenix, Arizona. The sale price was $18,400,000. Revival…
CBRE has arranged a 146,000 square-foot industrial lease on behalf of Rosendin Electric, Inc. at Power 202 Business Park in Mesa, Ariz. CBRE’s Mike Parker represented Rosendin in the lease…
The first quarter of 2021 brought positive net absorption to the Greater Phoenix retail market, according to a report released today by Colliers in Arizona. Absorption pushed retail vacancy down…
GTIS Partners has formed a joint venture with Baker Development Corp. and Foundation Capital Partners to build Yuma 143, a logistics center located within a Qualified Opportunity Zone in Goodyear.…
A community describes a group of people living in one area or sharing a standard living dynamic. The establishment of living communities, or strata, has arisen from the more modern…
San Diego-based Parallel Capital Partners, Inc. has announced $8 million in retail and commercial lease deals at Phoenix’s iconic mixed-use hub, Arizona Center – including an 11-year lease renewal spanning 22,858 square feet with global…
Builders FirstSource, Inc., the nation’s premier supplier of building materials and services, today announced it has entered into a definitive agreement to acquire Cornerstone Building Alliance SW, LLC, Arizona’s largest…
CBRE announced the $61.7 million refinance for Elevate 24, a Class-A office property in Phoenix. CBRE’s Bruce Francis, Dana Summers, Shaun Moothart, Robert Ybarra, Doug Birrell and Tim Bokinsky facilitated…
Diversified Partners announced plans for East Gate Plaza, a major 17-acre mixed-used development at northeast corner of Ellsworth Road and Elliot Road in Mesa, Ariz. The Elliot tech corridor, which includes…
Multifamily investment firm ZMR Capital has made its foray into the Phoenix housing market with the off-market acquisition of District Flats Off Dobson, a 112-unit apartment community in Mesa, AZ…
As we move deeper into 2021, the U.S. commercial real estate (CRE) market is poised to move beyond its trough of 2020 and enter a new cycle of growth. Thanks…
In a first for Arizona, the Novus Innovation Corridor earned LEED-ND Gold certification last month from the U.S. Green Building Council. The 355-acre mixed-use, public-private partnership between Arizona State University…
