• Scottsdale and Pinnacle Peak Roads retail center sold for $47M - Read Article

    Scottsdale and Pinnacle Peak Roads retail center sold for $47M

    2016-08-08T10:51:23-07:00

    JLL Income Property Trust, an institutionally-managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), acquired a newly built Scottsdale retail center for $47 million. Silverstone Marketplace is anchored by a…

  • Vereit Inc. upsizes stock to 60,000,000 shares - Read Article

    Vereit Inc. upsizes stock to 60,000,000 shares

    2016-08-08T09:50:00-07:00

    Vereit Inc. (NYSE: VER) priced an underwritten public offering of 60,000,000 shares of common stock in an effort to repay amounts of outstanding debt, according to a company announcement. The…

  • Vestar acquires Gilbert retail center for $17.96 million - Read Article

    Vestar acquires Gilbert retail center for $17.96 million

    2016-08-05T15:50:37-07:00

    Phoenix-based real estate firm Vestar acquired Lakeview Village at Morrison Ranch, a 93,741-square-foot grocery-anchored neighborhood center in Gilbert for $17.96 million. Situated on 16 acres at the southeast corner of Higley and Elliot Roads,…

  • 300k SF Goodyear warehouse completed (photos) - Read Article

    300k SF Goodyear warehouse completed (photos)

    2016-08-05T13:50:04-07:00

    LGE Design Build completed construction on a new 300,000-square-foot U.S. Western warehouse and distribution center in Goodyear for Michael Lewis Company (MLCo). MLCo selected Goodyear Gateway industrial park for its…

  • Shea Homes offers teachers credit toward home purchase - Read Article

    Shea Homes offers teachers credit toward home purchase

    2016-08-05T12:50:37-07:00

    As summer vacation comes and school begins Shea Homes wants to thank Arizona teachers for their service by offering teachers the Heroes Reward program, which provides teachers with a 1 percent base price credit toward…

  • Blandford Homes buys 12.6-acres in Mesa - Read Article

    Blandford Homes buys 12.6-acres in Mesa

    2016-08-05T09:50:43-07:00

    Mesa-based Blandford Homes was the winning bidder in a Flood Control District of Maricopa County land auction for 12.6-acres, according to Cushman & Wakefield. The master-planned community firm won the auction…

  • Nonresidential construction growth rebounds strongly - Read Article

    Nonresidential construction growth rebounds strongly

    2016-08-05T08:52:03-07:00

    The U.S. construction industry rebounded strongly, adding 14,000 net new jobs in July according to an analysis of Bureau of Labor Statistics data released Friday by Associated Builders and Contractors (ABC).…

  • Valley Partnership announces 2016 Community Project - Read Article

    Valley Partnership announces 2016 Community Project

    2016-08-05T07:50:32-07:00

    Sunshine Acres Children’s Home in Mesa has been selected as recipient of the 2016 Valley Partnership Community Project. The event is Nov. 5. Sunshine Acres provides a home for children who…

  • SVN sells Alexsi Apartments for $890K - Read Article

    SVN sells Alexsi Apartments for $890K

    2016-08-05T06:50:52-07:00

    Desert Commercial Advisors Vice-President and Investment Advisor Danny Lee represented the seller, Seacret Forum Group of Companies, in the $890,000 sale of Alexsi Apartments. Sheila Hunter with Thomas Title & Escrow Agency…

  • Northsight Village III sells for $1.475M - Read Article

    Northsight Village III sells for $1.475M

    2016-08-04T19:50:38-07:00

    Northsight Village III, a 8,532 square foot retail building, closed for $1,475,000 ($172.88-per-square-foot). The building was occupied by AVIS Rent a Car and Traders Smoke Shop at the close of…

  • Page retail center sells for $1.95M - Read Article

    Page retail center sells for $1.95M

    2016-08-04T18:50:58-07:00

    ORION Investment Real Estate negotiated the sale of Gateway Park Shopping Center, on behalf of the seller, for $1,950,000 ($23.84-per-square-foot). The property was sold by CopperPoint Mutual Insurance Company. D&S Gardner…


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