Although the average rent in Arizona was hovering around $947 at the end of Q1—quite far below the national average that hit $1,316 in May—, certain spots in the desert can yield generously…
“A Look at Commercial Real Estate in 2018” will be the topic at the Arizona Association for Economic Development’s (AAED) August luncheon. It will be held on Aug. 8 from…
Cushman & Wakefield announced the $9.3 million sale of Summerhill Apartments, a 130-unit apartment community located at 2925 N. Greenfield Road in Phoenix, to Phoenix-based Pacific Real Estate Partners. Brett…
The Phoenix office of JLL has earned the leasing assignment for Phase I of Skyway Commons, a fully speculative new Class A industrial project that has broken ground in the northwest Phoenix…
Darren Pitts of Velocity Retail Group represented At Home in the purchase of 8.54 acres in the San Tan Pavilions shopping center located at the southwest corner of Williams Field…
The largest recreational vehicle park in Apache Junction, Ariz. – Lost Dutchman RV Resort – was recently sold by NAI Horizon for $34 million ($46,575 per space). Russ and Andrew…
The Local, a new, mixed-use development located at the intersection of University Drive and Ash Avenue in downtown Tempe, will officially break ground on Tuesday, July 11. Developed by Denver-based…
SRS announced the recent sale of 2.11 acres north of the northeast corner of Thomas Road and SR-51 in Phoenix to PEG Development for the planned construction of a Staybridge Suites…
Scottsdale Airport will host a ceremonial groundbreaking to officially mark the launch of the terminal area redevelopment project. It takes place at 8:00 a.m. Wednesday, July 12, at the terminal…
The $4,315,000 sale of a recently built Panera Bread in Chandler set a national record for the highest sale price, highest price per square foot and lowest cap rate for the chain,…
CBRE Group Inc. arranged the $40.25 million sale of Avenue 25, a 254-unit, Class A multifamily community located at 18250 N. 25th Ave. in Phoenix, Arizona. Sean Cunningham, Tyler Anderson, Asher Gunter…
For the fourth year in a row, the Phoenix office market is on pace to surpass 2 million square feet of absorption, according to the Q2 Phoenix Office Insight Report released today…
