• LA company purchases multifamily complex for $47.5M - Read Article

    LA company purchases multifamily complex for $47.5M

    2015-10-21T15:50:13-07:00

    TruAmerica Multifamily in partnership with an institutional investor, has completed the purchase of Trevi, a 290-unit community in Chandler, AZ, in an off-market transaction valued at $47.5 million. The acquisition…

  • LiveOps to open new offices at SkySong - Read Article

    LiveOps to open new offices at SkySong

    2015-10-21T13:50:36-07:00

    LiveOps, the global leader in cloud contact center and customer service solutions, is opening new offices at SkySong, The ASU Innovation Center. LiveOps, headquartered in Austin, Texas, supports a wide…

  • Bank of America awards $190K in housing grants - Read Article

    Bank of America awards $190K in housing grants

    2015-10-21T12:50:21-07:00

    The Bank of America Charitable Foundation announced $190,000 in housing grants to 10 nonprofits serving the greater Phoenix metropolitan area. This investment will help improve access to affordable housing, preserve…

  • North Central office buildings in Phoenix sell for $10.4M - Read Article

    North Central office buildings in Phoenix sell for $10.4M

    2015-10-21T11:50:18-07:00

    Cushman & Wakefield announced that Arizona-based East Missouri LLC has purchased the East Missouri Office Buildings for $10.4 million. Eric Wichterman, Mike Coover, Bob Buckley, Tracy Cartledge, Steve Lindley, Ben…

  • Desert Troon named 25-Year concessionaire of Scorpion Bay - Read Article

    Desert Troon named 25-Year concessionaire of Scorpion Bay

    2015-10-20T15:50:18-07:00

    Desert Troon Companies, a Scottsdale-based real estate development and investment firm, is has announced that the Maricopa County Board of Supervisors has approved the transfer of the Concessionaire Management Agreement for Scorpion…

  • McKellips Business Park in Tempe sold for $1.38M - Read Article

    McKellips Business Park in Tempe sold for $1.38M

    2015-10-20T11:50:38-07:00

    Cushman & Wakefield has announced the $1.38 million sale of McKellips Business Park in Tempe. This completes the final property to be sold from the PS Business Parks portfolio, bringing…

  • How can marijuana initiatives affect CRE? - Read Article

    How can marijuana initiatives affect CRE?

    2015-10-20T09:50:47-07:00

    One of the most talked about ballot initiatives this year has been the Arizona Marijuana Legislation Initiative. If it makes it onto the ballot and is approved by voters, the possession…

  • Colliers Phoenix closes 4 apartment sales - Read Article

    Colliers Phoenix closes 4 apartment sales

    2015-10-19T15:50:52-07:00

    Warren Park Excel Real Estates, Zong-fu Li, principal, paid $3,800,000 ($41,304 per unit) to buy the 92 unit Warren Park apartments located 1433 W. University Dr. in Mesa, Arizona. Wyoming…

  • Westview Mobile Home and RV Park sells for $1M - Read Article

    Westview Mobile Home and RV Park sells for $1M

    2015-10-19T13:50:37-07:00

    Park Brokerage Inc. has sold Westview Mobile Home and RV Park located at 6331 W Glendale Avenue in Glendale, Arizona was completed on October 13, 2015 for the price of $1,000,000.  John Sheedy with Park Brokerage…


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