• Opus Airport Industrial Development sold - Read Article

    Opus Airport Industrial Development sold

    2016-12-02T08:50:41-07:00

    The Opus Group  sold Opus Airport Industrial, a 393,300-square-foot Class A warehouse and distribution center it recently completed. The building was sold to an entity formed by Principal Real Estate Investors,…

  • Nonresidential construction spending gains momentum - Read Article

    Nonresidential construction spending gains momentum

    2016-12-02T07:50:31-07:00

    Nonresidential construction spending totaled $699.7 billion on a seasonally adjusted, annualized basis in October, a 0.3 percent decrease from September’s significantly upwardly revised total, but an increase of 2.6 percent…

  • Construction starts on uptown Phoenix luxury apartments - Read Article

    Construction starts on uptown Phoenix luxury apartments

    2016-12-01T13:50:22-07:00

    Construction is underway on Peak 16, a luxury apartment community located on 16th and Colter Streets in uptown Phoenix, by Kansas City-based VanTrust Real Estate. Designed by Phoenix-based ORB Architecture, the four-story,…

  • Chandler industrial facility sells for $2.456M - Read Article

    Chandler industrial facility sells for $2.456M

    2016-12-01T11:50:38-07:00

    NAI Horizon Senior Vice President Jeff Adams represented the buyer, Phoenix-based Marx Properties LLC, in the $2.456 million sale of a 26,199-square-foot industrial building at 4151 W. Lindbergh Way in…

  • Camelback Corridor office building sells for $42.6 million - Read Article

    Camelback Corridor office building sells for $42.6 million

    2016-12-01T07:50:43-07:00

    A Class A 175,835-square-foot office building in Phoenix’s Camelback Corridor area sold for $42.6 million, or approximately $242 per square foot, according to CBRE. The office complex is located at 5090 N. 40th…

  • Earthworks Environmental expands, opens Florida offices - Read Article

    Earthworks Environmental expands, opens Florida offices

    2016-11-30T14:50:06-07:00

    Earthworks Environmental LLC expanded its operations to Florida and added two employees at its Arizona office, Principal Cherie Koester announced. Mark Hubbard will run the Orlando/Tampa/Jackson, Fla., office as a Lead…

  • Construction starts on McKesson Corporation offices in Scottsdale - Read Article

    Construction starts on McKesson Corporation offices in Scottsdale

    2016-11-30T09:00:34-07:00

    Ryan Companies broke ground Wednesday on a 271,000-square-foot, two-story twinned office complex at the Chaparral Commerce Center, which will serve as McKesson Corporation‘s regional headquarters. Upon completion in 2017, the new…

  • Construction unemployment rates improve in 33 states - Read Article

    Construction unemployment rates improve in 33 states

    2016-11-30T07:50:27-07:00

    October not seasonally adjusted (NSA) construction unemployment rates were down in 33 states and the nation on a year-over-year basis, according to analysis released Tuesday by Associated Builders and Contractors (ABC). The national NSA…

  • Avnet headquarters sell for $32M - Read Article

    Avnet headquarters sell for $32M

    2016-11-29T15:50:27-07:00

    The corporate headquarters of Avnet Inc. has been sold to Phoenix-based Cole Office & Industrial REIT (CCIT II) Inc. for $32 million. The Class A, 176,402-square-foot building at 2211 S. 47th…

  • $63M Mesa multifamily project breaks ground - Read Article

    $63M Mesa multifamily project breaks ground

    2016-11-29T12:50:56-07:00

    Multifamily developer Housing Trust Group (HTG) closed on financing and broke ground on Aviva, a new $63 million, multifamily development in Mesa, according to a Tuesday announcement. The luxury gated community, located at…


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