There are 22 casinos in Arizona. One planned casino currently under construction on the Tohono O’odham Nation will cost $600M, bring in $100M in economic impact during the construction process…
CBRE has completed the sale of the Verrado Main Street located in the master planned community of Verrado in Buckeye, Ariz. The investment sale consisted of the ±66,085-square-foot, mixed-use office…
The Arizona-based resort development firm Power Hotel Group, working with Starwood Hotels, selected Phoenix-based Ideation Design Group (IDG) to design the Valley’s newest Sheraton project. The four-story 160,000+ square foot…
The Metropolitan Phoenix retail market continues its recovery, as noted in a recent report from CBRE Phoenix Research. With vacancy under 10 percent for the first time in seven years,…
Office investment and management expert Lincoln Property Company (LPC) and funds managed by Oaktree Capital Management, L.P. (Oaktree) have completed the $58 million purchase of Biltmore Commerce Center, a Class A, institutional-quality…
There is more luxury development on the horizon for the in-demand Fulton Ranch neighborhood in Chandler. Valley-based Serenity Development is set to build 128 luxury condominium villas as part of…
Gee Gee Entz brings over 28 years of experience in commercial real estate, specializing in office tenant representation to Cresa Pheonix. Prior to joining Cresa, Ms. Entz worked at Heiple…
HSL 44 Monroe, LLC, purchased a $50.65 million controlling interest in 44 Monroe, Arizona’s tallest luxury residential tower. Located at 44 Monroe on the northeast corner of 1st Avenue and…
Andy Kroot with Velocity Retail Group, LLC sold the single tenant Starbucks store located at the SWC of Scottsdale and McKellips – 1926 North Scottsdale Rd, Tempe AZ. Andy Kroot, Principal…
A bill supported by NAIOP Arizona and a coalition of 10 other industry groups prohibiting a municipality from requiring an owner, operator or tenant of a business, commercial building or…
Alliance Residential has earned national recognition by making the National Multi Housing Council’s (NMHC) annual multifamily industry rankings report. For the first time, the NMHC expanded to include the nation’s…
Source: Lee & Associates Q1 Report As the overall economy continues improving, the Phoenix office sector is experiencing strong momentum in a variety of different measurements. Office construction, sales velocity…
