Associated Builders and Contractors reports that its monthly Construction Backlog Indicator expanded to 9.5 months in March 2019, up 0.7 months or 8.8% since February 2019 when CBI stood at…
CBRE announced the sale of The CORE, a newly built Class A multifamily complex in Scottsdale, Ariz., for $80.4 million. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of…
The Phoenix Kidder Mathews Healthcare Team represented the landlord and tenant in a 20,997-SF, 15-year lease valued at more than $9.5 million in total lease consideration at West Valley Medical…
The whispers and hints of big things happening in the Phoenix data center market are now full-fledged roars and the market is no longer a sleeping giant. The giant has…
It has long been an afterthought on where the latest, greatest development is happening in the Valley, but the Downtown Phoenix area is quickly becoming the place to do business…
Women are continuing to break stereotypes across all industries, and real estate is no exception. Enter CREW Network, Commercial Real Estate Women. Founded in 1989 with a goal of expanding…
In today’s rental market, life couldn’t be better for the owners of multifamily developments. Rising rents, declining vacancy and a positive economic outlook suggest that the market could be robust…
RENTCafé‘s April Rent Report reveals that Arizona rents are keeping shy of the national average, except for Scottsdale. While rents in the U.S. have seen a 3% upwards move compared…
CBRE announced three tenants have signed agreements to locate at The Landing at PMG, a soon-to-be-opened industrial subdivision. Collabtech Group, Huesman Brothers Door and Custom Molding, and Russell-Sigler Inc. will…
It’s no secret that things are good in commercial real estate. From big industrial deals, to blockbuster multifamily transactions to continued interest in the Valley’s urban core, Metro Phoenix brokerage…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Verde Dimora, a 153-unit multifamily asset in Mesa, Arizona. The sales price is $27…
Apartment resident retention is at an all-time high, and renters in some markets are paying a premium to stay put, according to RealPage. In 1st quarter 2019, 53.1% of U.S.…
