Westcore Properties reentered the Phoenix market after a short hiatus, adding a 170,625 square-foot industrial property located at 125 N. 67th Ave. to its portfolio. Westcore purchased the property, originally…
The Paradise Valley Corporate Center, near Cactus Road and Tatum Boulevard, sold for $37.4 million to a California-based real estate investment firm. Cushman & Wakefield’s Executive Director Chris Toci and…
Good news for folks owning homes priced below $250,000 as they appreciated the most in 2015 between 6 and 12 percent, according to the W.P. Carey School of Business at…
CBRE completed the sale of Cambria, a 174-unit apartment community located at 130 W. Guadalupe Road in Gilbert, for $24.35 million. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch…
The Weitz Company, a design and construction firm, broke ground for Hacienda at the River, a $21 million Watermark Retirement Communities, Inc. and The Freshwater Group of Tucson project. “The…
Phoenix’s industrial market had an exceptional final quarter in 2015, according to a Lee & Associates report. The improving economy, including consumer confidence, a rising home market and lower unemployment,…
The Phoenix office sector took a strong turn to finish the fourth quarter in solid fashion. The year started off slow, but picked up momentum as the year progressed and…
If “slow and steady” is the general theme for the 2016 commercial real estate outlook, shopping centers may have a quasi-theme of “rocket boost.” With a lagging economic recovery and…
With an overall growth in the commercial real estate industry in 2015, what lies ahead in 2016 for Metro Phoenix? Find out Friday, Jan. 22, at the Tempe Center for…
CBRE has completed the sale of Centrepoint, a 320-unit multifamily community located at 3220 West Ina Rd in Tucson, for $33.6 million. The complex was 96 percent occupied at the…
Associated Builders and Contractors (ABC) applauded the House Committee on Oversight and Government Reform’s favorable reporting of the Government Neutrality in Contracting Act (H.R. 1671) out of committee. The bill,…
Big box retail space throughout Tucson saw healthy leasing activity in 2015, particularly spaces in the 10,963 to 100,000-square-foot range, according to CBRE Research’s Big Box Report of 2015. “Over…
