Daum Commercial Real Estate Services has negotiated the $5.362 million sale-leaseback of a large medical practice group of west valley properties – the 19,679-square-foot medical office complex, Fountains Medical Center…

Valley-based Realty Executives is expanding with a new office in Gilbert, which will serve as the East Valley headquarters for its professional agents.  With the rapid growth of the area,…

David Mehl of Cottonwood Properties and Humberto S. Lopez of HSL Properties announced the formation of a new partnership that has completed the purchase of The Ritz-Carlton, Dove Mountain resort.…

The changing global economy, debt capital market retrenchment and widespread demographic shifts are expected to have the most significant impact on real estate in Arizona and in the U.S. in the near-and long-term. This is according to…

Valley Partnership‘s 2015-16 Advocates class has graduated. This year’s Valley Partnership Advocates curriculum offered participants a robust exposure to all aspects of the lifecycle of development. Some of this year’s…

Barbara Lloyd, CCIM, a Senior Vice President at NAI Horizon, has been appointed to the City of Tempe Development Review Commission. Lloyd, a member of the NAI Investment Services Group,…

Construction unemployment rates improved in 46 states and throughout the nation in May on a year-over-year basis, according to an analysis of Bureau of Labor Statistics data released today by…

PHG Hotel Fund I, LLC, an affiliate of Pacific Hospitality Group (PHG), announced the purchase of AC Hotel® Phoenix Tempe/Downtown in Tempe and AC Hotel® Irvine in Irvine, Calif. from…

KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust based in Newport Beach, California, announced the renewal of a 16,194-square-foot lease by Northwestern Mutual, a…

CBRE finalized the sale of Highland Park and Park View, two multifamily communities totaling 472 units and located in Tempe. Together, the properties sold for $42.65 million. A joint venture sponsored by…

Ohio-based Woodside Health/Crescendo Commercial made its first Phoenix market purchase with a Glendale medical complex, Arrowhead Creekside, according to Newmark Grubb Knight Frank (NGKF), one of the brokers of the deal.…

Valley Partnership’s mission is advocating responsible development. The advocacy group represents the commercial, industrial and masterplanned real estate development industry by presenting a balanced, pro-development perspective and the Valley’s best…