The Arizona Builders Alliance (ABA) appointed Ken Kortman of Kortman Electric as the organization’s 2017 president. In his role, Kortman will facilitate discussions with the board of directors and utilize their…
Situated on the southeast corner of Second Street and Hardy Drive, just East of Mill Avenue in a prime Tempe location, Hardy Apartments sold for $840,000, or $93,333 per unit…
Scottsdale-based 1784 Capital Holdings LLC acquired 2.81 acres at 121 W. Orange Grove in Tucson. The company has begun construction of a two-level, freestanding self-storage facility on the property. The…
Papago Hills, an 11,646-square-foot freestanding retail center, sold for $3,025,000 ($260/SF). The property is located on the northeast corner of Priest Drive and Washington Street in Tempe. Arizona State University,…
Fund management firm, BKM Capital Partners, acquired Northwest Business Center, an 11-building multi-tenant light industrial business park totaling 227,603 square feet in Phoenix, Arizona for $17.2 million. The business park…
Biltmore Corporate Park office project at 6245 N. 24th St. has been sold to a local investor for $7,075,000. The new owner plans to modernize the multi-story building. “Biltmore Corporate…
Capital Real Estate purchased a 203-unit Chandler apartment complex for $28.75 million from Stratford Partners, according to Institutional Property Advisors (IPA), a division of Marcus & Millichap. Palm Trails Apartments were…
The Class A Camelback Corridor office property, 2777 Camelback, has been purchased for $24.65 million by Lincoln Property Company, according to a Friday announcement. The 104,618-square-foot building is located at 28th Street and…
Tucson hasn’t seen a new hotel in 30 years, but that is quickly changing as two more hotels are announced, totaling three hotels that are in the works. Marriott announced…
An Investment firm, Virtua Partners, acquired 60 acres near South Mountain at the northwest corner of 35th Avenue and Carver Road with plans to revise existing entitlement on the land…
Nonresidential construction spending contracted during January, according to analysis of U.S. Census Bureau released Wednesday by Associated Builders and Contractors (ABC). Nonresidential spending fell 1.9 percent from December to $698.4 billion…
Construction on Estrella Women’s Health Center‘s newest facility, that will help the Center better accommodate the growing need of women’s health care and birthing services in the area, has been complete.…
