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…
From cold brew on tap in the lobby to tanning beds in the gym, multifamily housing developers are doing more to give their properties an extra edge in the age…
The Greater Phoenix medical office market gained momentum during the second quarter, following a relatively lackluster first three months of 2018. Vacancy of medical office space fell to its…
CBRE has negotiated the sale of a two-property office portfolio consisting of three buildings in metro Phoenix to a Gulf-based, high-net-worth investor for a total consideration of $25.95 million. San…
CBRE arranged the sale of a single-tenant, 163,607-square-foot corporate office building, located at 17500 N. Black Canyon Freeway in Phoenix. Portland, Ore.-based BDC Real Estate Investments, LLC, purchased the building,…
