MG Properties purchased a Scottsdale apartment community, Broadstone Scottsdale Horizon, from Rockwood Capital and Alliance Residential Company for $51 million, according to JLL Phoenix, which negotiated the deal. Executive Vice President…
A joint venture group purchased Renaissance Square, a two-tower office and retail plaza in Downtown Phoenix, for $151.25 million, a source close to the deal reported. In an announcement the new…
A new franchise joined HomeSmart International in northeastern Arizona as HomeSmart Professionals in Lakeside, Ariz. The franchise is owned by John Bobo and Felice Katz-Bobo. The company recently joined HomeSmart,…
Marriott International Inc. (NASDAQ: MAR) opened Element Chandler Fashion Center, which marks the debut of the eco-conscious brand, Element, in Arizona. Element Chandler Fashion Center, owned by Chandler HG LLC,…
Silagi Development & Management (SDM) broke ground on Chandler Airpark, a Class A business park to feature six single-tenant industrial buildings in Chandler, Ariz. Working with LGE Design Build Chandler Airpark located on…
REI’s distribution center in Goodyear became the first distribution center to receive both the LEED Platinum certification and the Net Zero Energy rating after it received the LEED certification on…
While some criteria for classifying a building as a core asset a decade ago still remain, changing trends in the market and tenant demands are recalibrating the way we think…
The housing market is on the rise with a Buckeye development, Tartesso, creating new and exciting opportunities for residents and the Arizona real estate industry. Tartesso is an 11,000-acre master-planned…
Located less than one half mile south of The University of Arizona Campus, Cherry Park Studios student housing complex closed for $2,695,000 ($165.32/SF). Cherry Park Studios consists of 17 student…
NAI Horizon Senior Vice President Denise Nunez negotiated the $2.025 million sale of a self-storage facility at 13360 W. Van Buren St., in Goodyear, Ariz. Nunez represented both the seller…
Florida-based real estate investment firm Monument Capital Management acquired a Glendale apartment community, Casa Bellisima, the firm’s first Phoenix buy. Casa Bellisima is part of Monument Capital Management’s seventh acquisition…
After just 13 months, CBRE’s Cooper Fratt is getting another title change to vice president at the firm’s Phoenix office. Fratt works in the firm’s industrial and logistics practice as…
