Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, released a brief overview of Phoenix’s commercial real estate activity, and reports on the top five transactions in June from…
JLL Income Property Trust, an institutionally-managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), acquired a newly built Scottsdale retail center for $47 million. Silverstone Marketplace is anchored by a…
Jobs, wages and population are all making a comeback in Arizona, according to local economists. How is this comeback affecting the Valley’s commercial real estate market at mid-year? A group…
Vereit Inc. (NYSE: VER) priced an underwritten public offering of 60,000,000 shares of common stock in an effort to repay amounts of outstanding debt, according to a company announcement. The…
Phoenix-based real estate firm Vestar acquired Lakeview Village at Morrison Ranch, a 93,741-square-foot grocery-anchored neighborhood center in Gilbert for $17.96 million. Situated on 16 acres at the southeast corner of Higley and Elliot Roads,…
LGE Design Build completed construction on a new 300,000-square-foot U.S. Western warehouse and distribution center in Goodyear for Michael Lewis Company (MLCo). MLCo selected Goodyear Gateway industrial park for its…
As summer vacation comes and school begins Shea Homes wants to thank Arizona teachers for their service by offering teachers the Heroes Reward program, which provides teachers with a 1 percent base price credit toward…
Mesa-based Blandford Homes was the winning bidder in a Flood Control District of Maricopa County land auction for 12.6-acres, according to Cushman & Wakefield. The master-planned community firm won the auction…
The U.S. construction industry rebounded strongly, adding 14,000 net new jobs in July according to an analysis of Bureau of Labor Statistics data released Friday by Associated Builders and Contractors (ABC).…
Sunshine Acres Children’s Home in Mesa has been selected as recipient of the 2016 Valley Partnership Community Project. The event is Nov. 5. Sunshine Acres provides a home for children who…
Desert Commercial Advisors Vice-President and Investment Advisor Danny Lee represented the seller, Seacret Forum Group of Companies, in the $890,000 sale of Alexsi Apartments. Sheila Hunter with Thomas Title & Escrow Agency…
Northsight Village III, a 8,532 square foot retail building, closed for $1,475,000 ($172.88-per-square-foot). The building was occupied by AVIS Rent a Car and Traders Smoke Shop at the close of…
