Construction unemployment rates improved in 46 states and throughout the nation in May on a year-over-year basis, according to an analysis of Bureau of Labor Statistics data released today by…
PHG Hotel Fund I, LLC, an affiliate of Pacific Hospitality Group (PHG), announced the purchase of AC Hotel® Phoenix Tempe/Downtown in Tempe and AC Hotel® Irvine in Irvine, Calif. from…
KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust based in Newport Beach, California, announced the renewal of a 16,194-square-foot lease by Northwestern Mutual, a…
CBRE finalized the sale of Highland Park and Park View, two multifamily communities totaling 472 units and located in Tempe. Together, the properties sold for $42.65 million. A joint venture sponsored by…
Ohio-based Woodside Health/Crescendo Commercial made its first Phoenix market purchase with a Glendale medical complex, Arrowhead Creekside, according to Newmark Grubb Knight Frank (NGKF), one of the brokers of the deal.…
Valley Partnership’s mission is advocating responsible development. The advocacy group represents the commercial, industrial and masterplanned real estate development industry by presenting a balanced, pro-development perspective and the Valley’s best…
Just when we couldn’t think life could get more unfair, we see a home like this. Arizona has many beautiful views, but from this Fountain Hills home you can see…
Walt Danley Realty ranked as the No. 1 selling real estate team in Arizona by sales volume, according to the REAL Trends, “The Thousand: 2016 Teams by Sales Volume.” Walt…
The NAI Horizon team of Russell and Andrew Warner represented the seller in the $6.15 million sale of Destiny Phoenix RV Resort at 416 N. Citrus Rd., in Goodyear. NAI…
Zocallo Plaza, a 51,195 square-foot retail center located near Scottsdale Road and Frank Lloyd Wright Boulevard in Scottsdale, sold for $15.55 million. Built in 1999, Zocallo Plaza is currently 100 percent…
A North Scottsdale Class-A office portfolio was sold by its developers for $122 million to a Phoenix-based property company. Wentworth Property Company purchased the 640,000 square-foot portfolio from Desert Troon Companies…
Coldwell Banker Commercial Advisors is expanding its brokerage services in the Phoenix area with real estate veterans Chuck Wells and Trask Switzenberg leading the charge. Coldwell Banker Commercial Advisors has…
