Phoenix
Classic Phoenix Apartment Sells for $51.3 Million
The buyer of the Madison Grove, Brass Enterprises, paid $300,000 a unit for the 1976-era project. I...Read more
Two Build-To-Rent Projects Coming to Metro Phoenix
Blue Vista Capital is hoping to develop two subdivisions with over 300 homes west of Phoenix. The $...Read more
Mesa, Arizona Apartment Homes Sell For $319,444 a Unit
Rise48 Equity used a combination of debt and equity to buy the $92 million multifamily community. N...Read more
Phoenix Condo Complex Sells for $8.2 Million
SVN Desert Commercial Advisor's Danny Lee was no newcomer to the Graybriar Condominiums. He sold hi...Read more
Tempe Multifamily Community Attracts $96 Million Purchase Price
The 171-unit Hudson-on-Farmer is within the tree-lined Mill Avenue District, which places it near A...Read more
Central Phoenix Apartment Sells to Cal-Based Investor
KB Investment Development was the buyer of the 280-unit project, known as the Green Leaf Arts Distr...Read more
Tempe Townhome Rental Building Acquired for $13.1 Million
The 18-unit, Farmer Avenue Lofts townhome property was acquired by Blueprint Capital. Built in 200...Read more
Phoenix-Area Town Ranks #1 in Office Construction
Gilbert Arizona, once known as "The Hay Shipping Capital of the World" has developed into a world b...Read more
Avondale, AZ Retail Center Trades for $14 Million
Coldwater Plaza, an 80,600 square foot retail center, sold for $174 a square foot. The property was...Read more
ABI Brokers 240-unit Apartment Sale Near Phoenix
The 240-unit community sold for $75 million, or $312,500 per unit. The Sanctuary on Broadway, in Te...Read more
Phoenix Area Infill Site to Be a Multifamily Community
Berkadia arranged the sale of the 20 acre site at the corner of SW Tomahawk Road and Broadway in Ap...Read more
Phoenix #2 for Industrial Development Growth
A recent report from CommercialSearch points to Phoenix as the number two ranking city for industri...Read more
Another Million Square Foot Project May be Coming to Downtown Phoenix
A preliminary development plan was filed with the City of Phoenix that would include a 29-story res...Read more
Paradise Village Office Park Sells to New York Group
The five-story office building has 268,516 square feet of space. It's currently 72% leased up. ...Read more
Scottsdale Multifamily Asset Sells for Record-Breaking $260 million
The 369-unit Moderne sold for a price that equates to $704,607 a unit. The transaction is the large...Read more
Vestar to Build 500,000 Square Foot Retail Center West of Phoenix
The shopping center is going in at Verrado, an 8,800 acre master planned community in Buckeye, Ariz...Read more
New Phoenix Multifamily Project Secures $45 Million Refi
NewPoint Real Estate Capital provided the 10-year Fannie Mae loan to refinance a build-to-rent 200-...Read more
JLL Arranges $372 Million Refinancing for 10 Southwest Properties
The properties, in Texas and Arizona, amount to 2,549 units. JLL worked on behalf of the borrower, ...Read more
Scottsdale Arizona Multifamily Community Sells for Over $600,000 a Unit
The 240-unit property, known as Liv North Scottsdale, sold for $145 million. Steve Gebing, with Ins...Read more