• Uptown Phoenix offices with penthouse sells for $2.063M - Read Article

    Uptown Phoenix offices with penthouse sells for $2.063M

    2016-12-16T15:50:53-07:00

    A 7,400-square-foot contemporary resident and office building at 116 W. McDowell Rd. has sold for $2,062,500 in an all-cash transaction. Price per-square-foot was $278.71. Built in 2007, this striking contemporary building features…

  • SanTan Corporate Center sells for $58.5 million - Read Article

    SanTan Corporate Center sells for $58.5 million

    2016-12-16T09:57:48-07:00

    Columbia Property Trust Inc. exited the Phoenix market as it sold the SanTan Corporate Center for $58,500,000 million, according to a Thursday announcement. City Office REIT purchased the SanTan Corporate…

  • 561-unit Phoenix apartments sell for $36.25M - Read Article

    561-unit Phoenix apartments sell for $36.25M

    2016-12-16T07:50:49-07:00

    A Los Angeles-based property firm sold a 561-unit community in Phoenix for $36.25 million, according to Cushman & Wakefield. B.H. Properties sold the property to Phoenix-based 3rd Avenue Investments LLC. The apartment…

  • Hines buys Southwest Industrial Center for $47.3M - Read Article

    Hines buys Southwest Industrial Center for $47.3M

    2016-12-15T15:50:29-07:00

    Hines, the international real estate firm, acquired the Southwest Industrial Center from Hillwood Property Trust for $47.3 million. The  Class A industrial park is located in the heart of the Southwest Valley submarket…

  • Former Peoria RV storage facility sells for $3.9M - Read Article

    Former Peoria RV storage facility sells for $3.9M

    2016-12-15T12:50:59-07:00

    An industrial warehouse in Peoria at 10857 N. 95th Ave. was sold by Peoria Mini Storage II LLC to Precision Fleet Services, according to Commercial Properties Inc./CORFAC International (CPI). The…

  • SkySong 4 opens to tenants and public - Read Article

    SkySong 4 opens to tenants and public

    2016-12-15T08:50:49-07:00

    The fourth commercial office building at SkySong, The ASU Scottsdale Innovation Center is officially open for business. The facility is already 50 percent leased, and has recently signed on two…

  • Standalone Old Town Scottsdale building sells for $1.8M - Read Article

    Standalone Old Town Scottsdale building sells for $1.8M

    2016-12-14T13:50:33-07:00

    Churchplace Inc. purchased a standalone commercial building in Old Town Scottsdale, located near Goldwater Boulevard and Scottsdale Road, for $1.8 million, according to Levrose Commercial Real Estate/TCN Worldwide, negotiators on…

  • Scottsdale Airpark facility sells for $2.1M - Read Article

    Scottsdale Airpark facility sells for $2.1M

    2016-12-14T11:50:07-07:00

    A 14,500-square-foot industrial facility in the Scottsdale Airpark sold to SWAKE Holdings LLC, according to ORION Investment Real Estate, which represented SWAKE. The industrial warehouse property at 15210 N. 75th St.…

  • Construction backlog rebounds in third quarter - Read Article

    Construction backlog rebounds in third quarter

    2016-12-14T10:50:02-07:00

    Construction backlog expanded during the third quarter, according to Associated Builders and Contractors‘ (ABC) Construction Backlog Indicator, released Tuesday. The expanding backlog is led by strong growth in the commercial…

  • AAED will discuss historic preservation at January luncheon - Read Article

    AAED will discuss historic preservation at January luncheon

    2016-12-14T08:50:16-07:00

    The Arizona Association for Economic Development (AAED) January luncheon will focus on historic preservation as an economic driver. The lunch will host Kathryn Leonard, state historic preservation officer, who will…


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