Buchanan Street Partners has purchased Paradise Valley Corporate Center, a 198,000-square-foot office building at 4835 East Cactus Road in Scottsdale, Arizona. The acquisition increases Buchanan Street’s real estate investment holdings in the Greater Phoenix…
Two commercial land transactions in Buckeye totalling just over 54 acres, sold for $4,000,000 ($74,061 per AC) or $1.70 per SF. The buyer and seller were the same for both parcels…
A 40,000 SF Mountainside Fitness at 9745 W. Happy Valley Rd. in Peoria, sold for $7,120,000 or $178.00 per SF. Patrick Dempsey and Jan Fincham, Principals with Lee & Associates,…
Marcus & Millichap announced the sale of Candela Park, a 76-unit apartment property located in Mesa, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset…
After more than a decade of significantly contributing to the success of HSL Properties, Inc., and remaining dedicated to the company’s growth throughout Arizona, Omar Mireles has been named President…
The 2015-2016 NAIOP Arizona Developing Leaders Mentor Program protégés have been announced, and the 12 young professionals come from all corners of the Valley’s commercial real estate industry. Each protégé…
Lennar Multifamily Communities announced the start of construction on The Muse, a 367-unit luxury apartment community in Phoenix, and the signing of two retail leases from Press Coffee Roasters and…
A straight-forward 48.9 acre industrial land parcel sale spurs interest from players looking for a piece of the puzzle. The most compelling part of sale was the several transactions involving…
Erin Davis, associate editor of AZRE: Arizona Commercial Real Estate Magazine, is quick to admit that she has “a slight obsession with Star Wars.” But what a lot of people…
A joint venture of Wadsworth Acquisitions, LLC and Accelerated Development Services, a division of Velocity Retail Group, purchased a 14.5 acre parcel located south of the southeast corner of Ellsworth…
Commercial real estate developer SimonCRE purchases the +/-36,000 SF completely remodeled and refurbished “1917 OS Stapley Buildings” located in the up and coming Lower-Grand Avenue Business District in Downtown Phoenix. Emerging…
Cushman & Wakefield announce that Phoenix-based Wentworth Property Company (“WPC”) purchased a ±42,281 square foot industrial property at 2077 E. University Drive in Tempe, AZ for $3.6 million. The seller…
