• Pending home sales see 0.7% drop in November - Read Article

    Pending home sales see 0.7% drop in November

    2018-12-31T14:50:59-07:00

    Pending home sales overall slipped in November, but saw minor increases in the Northeast and the West, according to the National Association of Realtors. The Pending Home Sales Index,* www.nar.realtor/pending-home-sales, a forward-looking…

  • LaSalle acquires 488-unit Ahwatukee complex - Read Article

    LaSalle acquires 488-unit Ahwatukee complex

    2018-12-31T10:38:01-07:00

    LaSalle Investment Management (“LaSalle”) announced today that it has acquired San Melia (“the property”), a 488-unit luxury multifamily community in Phoenix, on behalf of its U.S. core open-end real estate…

  • Report: Contractors lose confidence, but remain upbeat - Read Article

    Report: Contractors lose confidence, but remain upbeat

    2018-12-31T08:45:21-07:00

    While construction industry leaders remained confident in the third quarter of 2018, optimism slipped relative to the second quarter, according to the latest Construction Confidence Index released by Associated Builders…

  • NorthMarq sells Breckenridge Apartments for $32.8M - Read Article

    NorthMarq sells Breckenridge Apartments for $32.8M

    2018-12-27T09:50:38-07:00

    Breckenridge Apartments, located at 17625 North 7th Street in Phoenix, Arizona sold this month for $32,800,000.  The NorthMarq Multifamily team of Bill Hahn, Trevor Koskovich, and Jesse Hudson represented both…

  • JLL sells Papago Spectrum for $34M - Read Article

    JLL sells Papago Spectrum for $34M

    2018-12-26T08:00:56-07:00

    Capital Markets experts in the Phoenix office of JLL have completed the sale of Papago Spectrum, a 159,261-square-foot Class A office building in the heart of Tempe, Arizona. JLL Senior…

  • ViaWest sells San Tan Tech Center for $22.75M - Read Article

    ViaWest sells San Tan Tech Center for $22.75M

    2018-12-21T12:05:35-07:00

    ViaWest announced the sale of San Tan Tech Center, located at 145 S. 79th Street in Chandler, Ariz. The 129,187 square-foot, Class A property was purchased by Southern California-based developer,…

  • CBRE and Cushman & Wakefield will market The Edge - Read Article

    CBRE and Cushman & Wakefield will market The Edge

    2018-12-21T12:00:37-07:00

    Palmer Development has awarded CBRE and Cushman & Wakefield the marketing assignment for The Edge, a 15.39-acre planned mixed-use development. CBRE’s Bryan Taute and Charlie von Arentschildt are exclusively marketing…

  • CBRE’s CRE outlook: Economy will lift all sectors in 2019 - Read Article

    CBRE’s CRE outlook: Economy will lift all sectors in 2019

    2018-12-20T12:45:31-07:00

    Sustained momentum from the U.S. economy’s extended economic expansion bodes well for major commercial real estate asset classes in 2019, promising additional allocation from institutional and international investors, a hunt…

  • Home affordability drops to more than a 10-year low - Read Article

    Home affordability drops to more than a 10-year low

    2018-12-20T10:30:16-07:00

    ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q4 2018 U.S. Home Affordability Report, which shows that the U.S. median home price in the fourth quarter…

  • McCarthy picked as GC for $310M Sky Harbor expansion - Read Article

    McCarthy picked as GC for $310M Sky Harbor expansion

    2018-12-20T10:00:48-07:00

    McCarthy Building Companies Inc. was recently named the general contractor for the addition of the eighth and final concourse at Terminal 4 in Phoenix Sky Harbor International Airport, a project…


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