U.S. apartment rents fall again in October
The U.S. apartment rent average fell by $3 in October to $1,216, according to data compiled from 123 markets surveyed by Yardi Matrix. Despite the second straight month of decline in the…
The U.S. apartment rent average fell by $3 in October to $1,216, according to data compiled from 123 markets surveyed by Yardi Matrix. Despite the second straight month of decline in the…
The NAI Horizon team of Russell and Andrew Warner negotiated the $7.75 million sale of the Leaf Verde RV Resort at 1500 S. Apache Blvd., in Buckeye, Arizona. NAI Horizon…
September not seasonally adjusted (NSA) construction unemployment rates improved in 32 states and the nation on a year-over-year basis, according to analysis released Monday by Associated Builders and Contractors (ABC). According to Associated Builders…
DMB, in partnership with Macerich, has awarded Cushman & Wakefield the marketing assignment for the nearly 14-acre, mixed-use commercial core of One Scottsdale in Scottsdale, Ariz. Cushman & Wakefield Land Division Executive Managing…
Construction for Fellowship Square Surprise, located at 16477 W. Bell Rd. will begin on November 15, 2016. It is expected to open in February 2018. The fully gated facility will have…
The Phoenix office of JLL has been awarded the leasing assignment for Riverside 43, a 250,043-square-foot, fully speculative Class A industrial project that broke ground this week by Scottsdale-based Merit Partners Inc. The…
CBRE recently completed the sale of 1133 West Fifth, a 44-unit multifamily property located at 1133 W. 5th St in Tempe, Ariz. Brian Smuckler and Jeff Seaman of CBRE Multifamily…
ABI Multifamily negotiated the $13,500,00, $48,913-per-unit sale of the 276-unit, Casa Bellisima Apartment Homes, located in Glendale, Ariz. Built in two phases in 1983/84 and highly repositioned in 2015, the…
CBRE completed the sale of a 97,500-square-foot industrial property located at 440 N. 51st Ave. in Phoenix, Ariz. Bill Bayless with CBRE’s Phoenix office represented the buyer, Dolphin Manufacturing. The seller,…
ABI Multifamily negotiated the $10,850,000 sale of the 155-unit, Broadway Heights Apartments, located in Mesa, Ariz. The sale turns out to $70,000-per-unit and $100.20-per-square-foot. Originally built in 1983, the property features…
Scottsdale-based Solterra Senior Living leased 1.93-acres at Third Avenue and Indian School Road in uptown Phoenix, with plans to build a 164-bed assisted living facility, according to Cushman & Wakefield. The…
Arizona Center, Phoenix’s original downtown entertainment destination located at Third and Van Buren Streets, will undergo a significant transformation beginning early 2017. Acquired by Parallel Capital Partners and Angelo, Gordon & Co. in…