• IPA sells $42.5M luxury multifamily property - Read Article

    IPA sells $42.5M luxury multifamily property

    2016-03-02T12:50:46-07:00

    Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the sale of Ashton Pointe, a 314-unit multifamily asset…

  • KB Home will build homes in Estrella - Read Article

    KB Home will build homes in Estrella

    2016-03-02T10:50:03-07:00

    Newland Communities announced that KB Home (NYSE:KBH) closed on 67, 60 feet x 120 feet wide lots in Estrella. The builder is set to break ground on its “Stone Canyon”…

  • Phoenix dealership transforming into luxury apartments - Read Article

    Phoenix dealership transforming into luxury apartments

    2016-03-02T09:30:07-07:00

    The new buyers of the former downtown Phoenix Phoenix Motors Mercedes-Benz dealership located near 3rd Avenue and Indian School Road is planned to be developed into a 306-unit luxury apartment. De Rito…

  • Colliers sells Chandler 396-unit apartment complex - Read Article

    Colliers sells Chandler 396-unit apartment complex

    2016-03-02T08:50:59-07:00

    Colliers International negotiated the sale of Country Brook, a 396-unit Class A apartment community at 4909 W Joshua Blvd., in Chandler. The seller was BAZV Country Brook, LLC, of Scottsdale,…

  • Nonresidential spending regains momentum in 2016 - Read Article

    Nonresidential spending regains momentum in 2016

    2016-03-02T07:50:06-07:00

    Nonresidential construction spending crested the $700 billion mark on a seasonally adjusted annualized basis in January for the first time since March 2009, according to analysis of U.S. Census Bureau…

  • SVN closes more than $1.5 million in lease transactions - Read Article

    SVN closes more than $1.5 million in lease transactions

    2016-03-01T10:10:39-07:00

    SVN’s Phoenix offices closed out February with $1.5 million in lease transactions, which includes medical offices, and office space. Rommie Mojahed and Mary Nollenberger leased 1,408 square-feet of medical office space to…

  • NexMetro Communities signs deal with IStar - Read Article

    NexMetro Communities signs deal with IStar

    2016-02-26T16:18:35-07:00

    Phoenix-based homebuilder NexMetro Communities, America’s  innovator and builder of next generation, leased-home neighborhoods in the Sunbelt, announced today that it has closed on two financing deals with iStar Inc. (NYSE:STAR)…

  • Alter spearheads new co-working space in Scottsdale - Read Article

    Alter spearheads new co-working space in Scottsdale

    2016-02-26T11:50:08-07:00

    Alter Group is adding a new collaborative workspace, R-Tech, to its 176-acre mixed use business park, Riverwalk Arizona, in Scottsdale. GlobalTranz Inc. will be the inaugural tenant, signing a 70,347…


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