Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Alante at the Islands, a 320-unit multifamily asset in Chandler, Arizona. The property…
CBRE arranged the $4.85 million sale of a newly constructed, 17-unit townhome-style multifamily community located at 2340 E. McKellips Rd. in Mesa, Ariz. Regency Park, LLC, acquired the property from…
Lincoln Property Company (LPC) has officially poured the top floor of The Grand at Papago Park Center 2, bringing the building to the “topped out” stage and ushering in its final…
Bascom Arizona Ventures, LLC a subsidiary of Irvine, California-based private equity firm The Bascom Group, LLC has acquired the Tempo at McClintock Station Apartments (“Tempo”). Tempo is a mid-rise multifamily property…
Recent data shows that apartment rents in Phoenix are on the rise. In fact, according to RealPage, Inc., rent in the area has hit an all-time high, increasing faster than…
The annual Real Estate & Development (RED) Awards are back, highlighting impressive projects completed in the last year and the owners, developers, architects and contractors who made these awe-inspiring projects possible. The…
Darren Pitts of Velocity Retail Group represented Life Time in the purchase of a 3-acre land parcel at Happy Valley Road and 67th Avenue in Peoria, Arizona. The parcel…
CBRE announced the sale of Fiesta Tech Center, a 243,370-square-foot manufacturing and office facility occupied by Keter Plastics in Gilbert, Ariz. Nearon Enterprises acquired the asset from Los Angeles-based Fiesta…
Strong economic growth, abundant capital, and a favorable supply and demand environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the second half of 2018,…
As part of the final phases of a development agreement with the City of Phoenix, Metrowest Development and Baron Properties and Haselden Investments are proceeding with new residential development projects…
You have been hearing and reading about the new capital gains tax incentives associated with the Opportunity Zones and investors and developers are taking interest quick. SVN Desert Commercial Advisors…
Graycor Construction Company has completed the panel tilt on East Valley Commerce Center Phase II, a two-building, 363,000-square-foot industrial project being developed by Metro Commercial Properties in the heart of Mesa’s…
