A two-tenant retail center in Casa Grande sold for $4.45 million to Amir Fateh Amirian by an entity formed by the Hinkson Company LLC, according to CBRE who represented the…
A townhome development near the heart of Scottsdale was sold for $1,000,000 to Scottsdale-based LNR Holdings LLC, according to ORION Investment Real Estate. The development, located at 70th Street and Earll…
Last week, we spoke with Mortenson principal, Tammy Carr, about the basics of commercial, corporate and enterprise real estate optimization efforts. Today, we dig deeper and explore the optimization value proposition…
A midtown office tower, near Central Avenue and Thomas Road, was sold to Houston-based Riva Ridge Development from Miami-based LNR Property Corporation for $26 million, which included fees assessed by…
Phoenix-based Vestar has commenced the renovation of its shopping center Desert Ridge Marketplace located off Loop 101 and Tatum Boulevard in north Phoenix. The $15 million overhaul is being done…
The first high-rise luxury condominium tower at Optima Kierland is over 50 percent sold, with the developer’s ability to customize each home, unmatched amenities and desirable location cited as the…
A 4.5-acre land parcel near Scottsdale Road and Princess Boulevard was sold for $7,128,728, according to Lee & Associates. The new owners plan to develop a mixed-use project, including a…
Development has started on a 210-room, 11-story Hampton Inn & Suites in Downtown Phoenix, near the ASU Downtown Campus, according to an announcement from Mortenson. The hotel is expected to…
The apartments at Vistara at San Tan Village look like many other “luxury” units available in the Valley with its granite countertops and walk-in closets. But step inside one of…
Located within one of the largest entertainment and retail districts in Arizona, Westgate 95, a 7,539 square foot retail center, sold for $1,500,000 ($199/SF). Built in 2008, Westgate 95 is…
A Florida-based investment firm purchased a Tempe data center from a Scottsdale-based development company for $16,400,000, according to Colliers International. The data center includes 44,244 rentable square feet and was…
As the real estate market continues its slow and steady recovery, C-suite executives are showing great interest in how to optimize their corporate and commercial real estate portfolios. All businesses…
