The Opus Group sold Opus Airport Industrial, a 393,300-square-foot Class A warehouse and distribution center it recently completed. The building was sold to an entity formed by Principal Real Estate Investors,…
Nonresidential construction spending totaled $699.7 billion on a seasonally adjusted, annualized basis in October, a 0.3 percent decrease from September’s significantly upwardly revised total, but an increase of 2.6 percent…
Construction is underway on Peak 16, a luxury apartment community located on 16th and Colter Streets in uptown Phoenix, by Kansas City-based VanTrust Real Estate. Designed by Phoenix-based ORB Architecture, the four-story,…
NAI Horizon Senior Vice President Jeff Adams represented the buyer, Phoenix-based Marx Properties LLC, in the $2.456 million sale of a 26,199-square-foot industrial building at 4151 W. Lindbergh Way in…
Denver-based National Healthcare Realty and Development announced plans to build McDowell Medical Commons, a medical office building to be located at 10650 W. McDowell Rd. in Avondale. “This building will be…
A Class A 175,835-square-foot office building in Phoenix’s Camelback Corridor area sold for $42.6 million, or approximately $242 per square foot, according to CBRE. The office complex is located at 5090 N. 40th…
With more than 20-years of experience in architecture, Caroline Lobo, president of American Institute of Architects Arizona, brings a unique perspective and a wealth of experience to AIA in its…
Earthworks Environmental LLC expanded its operations to Florida and added two employees at its Arizona office, Principal Cherie Koester announced. Mark Hubbard will run the Orlando/Tampa/Jackson, Fla., office as a Lead…
Ryan Companies broke ground Wednesday on a 271,000-square-foot, two-story twinned office complex at the Chaparral Commerce Center, which will serve as McKesson Corporation‘s regional headquarters. Upon completion in 2017, the new…
October not seasonally adjusted (NSA) construction unemployment rates were down in 33 states and the nation on a year-over-year basis, according to analysis released Tuesday by Associated Builders and Contractors (ABC). The national NSA…
The corporate headquarters of Avnet Inc. has been sold to Phoenix-based Cole Office & Industrial REIT (CCIT II) Inc. for $32 million. The Class A, 176,402-square-foot building at 2211 S. 47th…
Multifamily developer Housing Trust Group (HTG) closed on financing and broke ground on Aviva, a new $63 million, multifamily development in Mesa, according to a Tuesday announcement. The luxury gated community, located at…
