Bascom Arizona Ventures has acquired three apartment communities located in Tucson & Sierra Vista, Arizona for $70,225,000, or $86,484 per unit. Bascom Arizona Ventures assumed the existing HUD loans for…
The Arizona Builders Alliance (ABA) has announced Yanet Sanchez as the association’s apprenticeship coordinator. In this role, Sanchez will handle the program’s administrative duties, including the coordination of enrollment, orientation,…
CBRE has completed the sale of a 27,711-square-foot two-story office building located at 399 South Malpais Lane in Flagstaff, Ariz. The property commanded a sale price of $7.375 million, or…
ORION Investment Real Estate and The Kobold Group announced the redevelopment of a previously shuttered restaurant building on 46th Street & Thomas Road. The former Hal-O-Peno’s Mexican Restaurant has been an eyesore…
Orsett Properties, Ltd., a Phoenix-based commercial real estate development company, has sold Pinnacle Peak Commerce Center for $14,175,000. The property was purchased by Nicola Crosby, a real estate and asset…
Berkadia announced the recent $21.2 million sale of Avenue 8, a garden-style multifamily property located Mesa, Arizona. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne…
Crescent Highland, the highly sought-after multifamily community located on the corner of Highland and 16th St., has officially opened and announces a new retail partnership with The Casual Pint of…
From the growing prevalence of collaborative open workspaces and shifting demands of a multi-generational workforce to disruptive new technologies and an increased emphasis on facilitating health and wellness within the…
SVN Desert Commercial Advisors in Phoenix were one of a hundred or so SVN brokerages across the country that attended the 2017 National Conference last week at the Hyatt Regency…
The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in August, down 0.4 percent from a year ago and the lowest August rate on record, the U.S.…
The Rio Nuevo Board this week unanimously approved a motion to authorize its executive officers to finalize and execute the $43 million loan package issued by Rio Nuevo to finance…
Daum Commercial Real Estate Services has negotiated the lease of a 63,723-square-foot manufacturing facility for Bravada Yachts, located at 9310 W. Buckeye Road in Tolleson. Steve Bodeman, executive vice president…
