It’s not often when 22 miles of freeway is added to a major city in the U.S. It also isn’t often when a large area becomes ripe for a slew…
The annual pace of U.S. apartment rent growth accelerated to 2.9 percent in the third quarter, according to real estate technology and analytics firm RealPage, Inc. (NASDAQ: RP). The bump…
Light Networks, LLC and Cresa recently announced the formation of a strategic partnership to serve real estate clients. The service platform will provide value through communications, colocation and cloud-based technology…
These are the places people, employees and visitors alike, talk about. These are the coolest offices in Metro Phoenix. Designed with form and function in mind as well as creating an…
The Nines Apartments, a 244-unit complex located at Baseline and Rural roads in Tempe, sold this month for $38,500,000. The seller, 3rd Ave Investments, is a Phoenix-based private equity firm operated by…
Driftwood Acquisitions & Development (DAD) celebrated the groundbreaking of the Canopy by Hilton, Hilton’s (NYSE: HLT) lifestyle hotel brand, yesterday in Tempe, Arizona. Slated to open as a 198-room hotel…
To identify the multifamily trends that people working in commercial real estate should know about, AZRE talked with Chris Brozina, executive vice president at Mark-Taylor Companies. AZRE: Downtown urban areas…
Apartment living was once thought of as a time of transition. Young people, fresh out of their teens and just setting off in the world, lived in apartments or rented…
JLL’s Capital Markets experts have completed the $25.3 million sale of Camelback Arboleda, a 178,792-square-foot, four-story office building in Phoenix’s prestigious Camelback Corridor. Solana Beach, California-based Fenway Capital Advisors bought…
Pederson Group Inc. successfully bid $7.2 million today for about 23 acres of State Trust Land in Phoenix at the northwest corner of 35th Avenue and Happy Valley Road, State…
Siena on Baseline, an apartment community at 4520 E. Baseline Rd., has been sold to a Dallas investor for $49,000,000. “This property offered a very attractive ‘value-add’ opportunity for the…
Bixby Land Company, a Newport Beach, California-based investor, has recently acquired two Class A industrial properties totaling $60.5M in Phoenix, AZ and West Sacramento, CA. The Class-A distribution center located…
