A joint venture between McCarthy Building Companies Inc. and Sundt Construction Inc. was recently selected as general contractor for the $120 million Ocotillo Water Reclamation Facility(OWRF) Expansion and Process Improvement…
Across all business sectors, local companies are constantly running into challenges competing against the big, national companies that possess more resources, easier access to capital and power of size. This…
The Weitz Company announced its selection to build the Hacienda at the River project for Watermark Retirement Communities, Inc. along with The Freshwater Group of Tucson. The project will include a…
Daum Commercial Real Estate Services has negotiated the all-cash, $21.6 million sale of a 145,000-square-foot flex-office showroom project located at 2851 W. Kathleen Road in the Deer Valley submarket area…
Speculative office buildings are making their way back into the market, says Lee & Associates’ Andrew Cheney. “As of the end of Q1, 18 percent of the 2 MSF we…
WILLIAM M. OLSON SENIOR VICE PRESIDENT, DIVISION MANAGER, NEWLAND REAL ESTATE GROUP YEARS AT COMPANY: 1; in commercial real estate development industry: 31 years BORN/RAISED: Michigan EDUCATION HIGH SCHOOL: Scottsdale,…
The Phoenix-area housing market is NOT creating another housing bubble to pop anytime soon. The latest monthly report from the W. P. Carey School of Business at Arizona State University…
PHOENIX–(BUSINESS WIRE)–The Supreme Court of the State of Arizona released an opinion on Aug. 26 that Arizona Revised Statutes 33-992(A) does not preclude equitable subrogation to establish priority over mechanics’…
Commercial Properties, Inc. announced the sale of The Offices at Sundown Ranch. Eric Butler of CPI’s Scottsdale Office Group represented the seller in this transaction. The 6,291 SF, Class…
Healthcare Trust of America, Inc. (NYSE:HTA) announced today that it had closed on approximately $89 million of investments in August 2014, increasing its total investment activity to approximately $300 million…
A Phoenix-based company bought a 113,827 SF industrial warehouse facility at 317 S. 48th St. in Phoenix for $9,200,000 or $80.82 per SF. The transaction closed on Aug. 22. …
SRS Real Estate announced ZK Grill, a Mediterranean fast casual restaurant, has leased a 2,347-square-foot space at the northeast corner of Guadalupe and Gilbert roads in Gilbert, Ariz. …
