• UMB Bank expands CRE team in Phoenix - Read Article

    UMB Bank expands CRE team in Phoenix

    2016-03-11T11:50:00-07:00

    UMB Bank, a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), expanded its commercial real estate team in key markets including Kansas City, Fort Worth, Phoenix, St. Louis and Denver. During…

  • Evans Corporate Park sells for $7.85M - Read Article

    Evans Corporate Park sells for $7.85M

    2016-03-11T10:50:54-07:00

    Daum Commercial Real Estate Services negotiated the $7.85 million sale of the six-building, 71,900 square-foot Evans Corporate Park located on five acres at 8350 E. Evans Rd. in Scottsdale. David Wilson…

  • CVS leased NNN Investment Property sold - Read Article

    CVS leased NNN Investment Property sold

    2016-03-11T08:50:27-07:00

    ORION Investment Real Estate announced the sale of an NNN Investment property leased to CVS, near Ellsworth and Broadway Roads, for $3,375,000. The property was sold by SCP 2004E-014, LLC and…

  • Sorrento Apartments in Mesa sell for $18M - Read Article

    Sorrento Apartments in Mesa sell for $18M

    2016-03-11T07:50:26-07:00

    Colliers International in Phoenix completed the sale of the 226-unit Sorrento Apartments for $18 million, or approximately $79,646 per unit. The community is located at 901 S. Dobson Road in Mesa.…

  • Verde Palms Apartments near ASU sells for $1.25M - Read Article

    Verde Palms Apartments near ASU sells for $1.25M

    2016-03-11T06:50:47-07:00

    A 16-unit multifamily property, Verde Palms Apartments, was sold to a Utah-based investor for $1,250,000, which comes to $78,125 per unit. Verde Palms Apartments is made up of 16 units, all…

  • LGE Design Build completes 20K SF medical offices - Read Article

    LGE Design Build completes 20K SF medical offices

    2016-03-10T12:50:16-07:00

    LGE Design Build has completed a 20,500-square-foot medical office building in Anthem for Wood Orthodontics and Sheppard Pediatric Dentistry. The new horseshoe-shaped building, at 41930 N. Venture Dr., includes a water feature in…

  • Riviera Village in Tempe sells for $10M - Read Article

    Riviera Village in Tempe sells for $10M

    2016-03-10T11:50:06-07:00

    Berkadia announced, Wednesday, the sale of Riviera Village, a multifamily property located at 1532 S. Price Road in Tempe. Senior Managing Director Mark Forrester, Managing Director Ric Holway, Vice President Dan…

  • Report: Phoenix mid-size industrial market on rise - Read Article

    Report: Phoenix mid-size industrial market on rise

    2016-03-10T09:50:56-07:00

    Mid-size users are dominating the Phoenix industrial market, and the construction sector has a heavy hand in that success, according to the Phoenix office of JLL. The brokerage firm reports much of the…

  • EDU3 Ventures buys land near Tempe Town Lake - Read Article

    EDU3 Ventures buys land near Tempe Town Lake

    2016-03-09T10:50:40-07:00

    Colliers International in Greater Phoenix negotiated the $1.4 million purchase of 1.5 acres at 942 and 946 W. First St. in Tempe, near Arizona State University and Tempe Town Lake. The site, which…

  • Online real estate marketplace launches home trade-in - Read Article

    Online real estate marketplace launches home trade-in

    2016-03-09T09:50:04-07:00

    San Francisco-based online residential real estate marketplace, Opendoor, launched a new service that allows homebuyers to trade-in their home for a new home in a single transaction. Through the new program,…

  • Transwestern brokers $13M sale of Scottsdale complex - Read Article

    Transwestern brokers $13M sale of Scottsdale complex

    2016-03-08T15:50:49-07:00

    Transwestern’s Arizona Multifamily Investment Services Group today announced it brokered the $13 million sale of Winfield of Scottsdale, Tuesday. The 95-unit apartment community has nine buildings, and is located at…


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