Phoenix & Southwest Commercial Real Estate News

US 36 Corridor Continues to Attract Strong Demand rrom Investors

Phoenix & Southwest + Southwest + Office | September 24, 2021

Lender Expresses Confidence in New Denver Projects

Phoenix & Southwest + Southwest + Apartments | September 23, 2021

Accolade is One of Arizona’s Top Five Largest Multifamily Sales

Phoenix & Southwest + Phoenix + Apartments | September 24, 2021

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Latest New Mexico Stories

Off-Market Purchase Partially Plugs Hole in Albuquerque Housing

Phoenix & Southwest + New Mexico + Apartments | May 13, 2021

Newport Beach-based RanchHarbor and Los Angeles-based Westgrove Partners recently acquired a two-property multifamily portfolio in Albuquerque in a joint venture partnership. The JV purchased the portfolio off-market, substantially below replacement cost and at an attractive basis. The assets, Candlewood Village and Candelaria Heights, which have since been rebranded to The Grove and The Heights at …

Bonelli’s Relocation Follows Acquisition by Pella Corporation

Phoenix & Southwest + New Mexico + Industrial | May 4, 2021

Bonelli Doors + Windows recently relocated its manufacturing headquarters to Mesa. The move follows the acquisition of Bonelli by Pella Corporation as part of the Luxury Division of Brands back in 2018. With the relocation process, the door and window designer and manufacturer created 35 new jobs at the new 50,000-square-foot facility at Landing 202 …

Latest Arizona Stories

Undersupplied Prescott Fits the Bill for Investors

Phoenix & Southwest + Arizona + Apartments | September 20, 2021

Two luxury apartment communities in Prescott totaling 326 units recently sold for $111.6 million. Terraces, 5700 E. Market St., and Winfield at the Ranch, 3470 Lee Circle, attracted investors who are gravitating to the growing Prescott market. “The Prescott-Prescott Valley market has exceptional investment drivers stemming from the quality of life and immense barriers to …

The Ledges at West Campus’ Multifamily Transition Nets $34M

Phoenix & Southwest + Arizona + Apartments | September 13, 2021

The 205-unit multifamily community The Ledges at West Campus in Tucson recently sold to Tara Investment Group LLC for $33.75 million. Built in 1997, The Ledges at West Campus is adjacent to Pima Community College near the base of the Tucson Mountains. CBRE’s Jeff Casper, Asher Gunter, Matt Pesch, Tyler Anderson and Sean Cunningham represented …

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