The Phoenix retail big box market continues to hold back real improvement in shopping center vacancy. In the year-end 2015 National CoStar Retail Report, Phoenix ranked as having one of…
An Anthem property, that Valley Child Care leases, sold to Ira Stegner for $3,090,000 by Anthem Heritage, LLC. The building is located near Daisy Mountain Drive and Anthem Way, and…
The historic Welnick Bros. Marketplace building in downtown Phoenix has sat vacant for the past decade. But now, developers plan to restore it as an adaptive reuse project with restaurant,…
Well Fargo sold its office building near Broadway Road and Roosevelt Street in Tempe for $6.25 million to Evergreen Devco. The bank secured a short-term lease to continue occupancy of…
The former Giant Industries corporate headquarters sold for $8.5 million to an investor who plans to convert the property into an assisted living facility. Generations at Pinnacle Peak, LLC of…
Valley Partnership’s first monthly breakfast of 2016 on Friday, Jan. 29., will be on a commercial real estate preview for the coming year. The panel will feature Alan Maguire, president…
CBRE completed the sale of a commercial property that had been redeveloped into an office space for $3.9 million. The property was formerly a Bally Total Fitness facility, and is…
General contractor, Jokake Construction, hired Allison Black as the company’s new marketing project manager. In her new role, Black will be managing marketing programs at Jokake both internally and externally…
A $50 million, exclusive condominium project, Easy Street, is coming to Carefree with plans to break ground in June to be finished by the Fall of 2017. Easy Street will…
Opus Development Company, LLC purchased a 23-acre parcel of land at the northeast corner of 7th and Elwood Streets in Phoenix, and plans to develop a 390,000 square-foot industrial property…
Semi-custom home community, Scottsdale Mountain Villas, broke ground in North Scottsdale along the Shea Corridor. An area that is currently seeing an infill boom, Scottsdale Mountain Villas is nestled among…
BKM Capital partners purchased a Tempe multi-tenant industrial center, Desert Vista Commerce Center, for $8,914,000. The 98,678 square foot, three-building complex was purchased in a value-add transaction. Kidder Mathews commercial…
