• Alliance Residential sells Lakeside Drive for $44.5M - Read Article

    Alliance Residential sells Lakeside Drive for $44.5M

    2019-03-05T08:45:46-07:00

    Cushman & Wakefield completed the sale of Lakeside Drive, located at 500 W. 1st Street in Tempe, Ariz. San Diego-based Lakeside Drive Apartments, LLC, purchased the property from Broadstone Lakeside,…

  • Chandler’s Alante at the Islands sells for $59.6M - Read Article

    Chandler’s Alante at the Islands sells for $59.6M

    2019-03-04T14:50:14-07:00

    Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Alante at the Islands, a 320-unit multifamily asset in Chandler, Arizona. The property…

  • CBRE sells 17-unit townhome community for $4.85M - Read Article

    CBRE sells 17-unit townhome community for $4.85M

    2019-03-04T13:20:40-07:00

    CBRE arranged the $4.85 million sale of a newly constructed, 17-unit townhome-style multifamily community located at 2340 E. McKellips Rd. in Mesa, Ariz. Regency Park, LLC, acquired the property from…

  • 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…


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