Absorption of retail real estate in Greater Phoenix slowed during the second quarter, but investors were busy purchasing retail properties. The mid-year retail research report released by Colliers International in Greater…
For the first half of 2017, the retail market in Phoenix has recorded continued improvement in both vacancy and leasing activity (absorption). The current overall vacancy rate is 9.3 percent,…
It’s one of Old Town Scottsdale’s most iconic addresses, and LGE Design Build helped give it a nearly $2 million face-lift . Galleria Scottsdale, a massive, 537,000 square-foot commercial property…
National construction employment added 16,000 net new construction jobs on a seasonally adjusted basis in June, according to an analysis of data from the U.S. Bureau of Labor Statistics by Associated…
JLL Capital Markets today announced the firm completed the sale of the I-10 Distribution Portfolio in Phoenix on behalf of DCT Industrial. Colony Northstar purchased the portfolio, which consists of…
The Local, a new, mixed-use development located at the intersection of University Drive and Ash Avenue in downtown Tempe, has officially broken ground. Developed by Denver-based Forum Real Estate Group,…
Cawley Architects of Phoenix recently completed a 9,130-square-foot surgery center for Spectra Eye Institute at the newly redeveloped 36,959-square-foot headquarters of Retinal Consultants of Arizona along I-17. Spectra Eye Institute…
UMB Bank, a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), announces it has hired Steve Fenton as senior vice president, commercial real estate in Arizona. In his role, he is…
The polarization of politics and global uncertainty are expected to be among the Top 10 Issues Affecting Real Estate and have a significant impact on commercial real estate in Arizona…
A 194-unit Tempe apartment complex near Broadway and Rural roads was recently sold for $41.81 million to Toronto-based Brass Enterprises. Trinsic Residential Company and CNL Growth Properties, which were both represented…
Bascom Arizona Ventures (Bascom Group) completed the $71.5 million sale of Arcadia Cove Apartments in Phoenix, commanding $165,509 per unit. Arcadia Cove, built in 1996, is located at 2252 N.…
It was an evening of celebration recently as the NAIOP Arizona Developing Leaders Young Professional Group (YPG) Mentor Program hosted graduation for the 2016-2017 class at Andaz Scottsdale Resort &…
