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With apartment units averaging $75,000 below the cost of similar units in San Diego and $10,000 below Phoenix's per unit prices, investors are looking to place their money in Tucson. The area's increased job projections and a cutback in development is helping to popularize the area as an investor market.
PHOENIX-The medical supply firm finesses a three-year agreement, valued at $550,000, for office and distribution space vacated 10 months ago by Albertsons. Western Medical turns on the lights in October.
PHOENIX-A Gilbert couple swaps 1031 Exchange capital from a multifamily asset for the long-term leased government building in the Tonto National Forest. The single-story office building was a build-to-suit in 1984 for the USDA.
MESA, AZ-The 14,590-sf store opens doors later this month with a Colorado investor's name on the deed. Walgreens' 25-year lease, with dual 25-year options, at 2024 W. Main St. brought a sale before ground could break.
TEMPE, AZ-For two years, a 51,500 sf building in the Broadway Industrial Park has sat vacant but now, a 1031 exchange buyer plans to bring new life to the property after taking over ownership in a deal valued at $2.25 million.
PHOENIX-Fry's Food Stores of Arizona is expanding in the Arizona market with the construction of three new grocery stores in Prescott, Avondale an Florence. The 65,000 sf stores will be among 22 built for the chain by Summit Builders.
PHOENIX-A window distributor from California has chosen the Interstate Commons industrial complex as its first Phoenix location with the lease of 6,150 sf of space in the 196,000 sf complex. The property's proximity to the Valley's freeway system was key to the tenant's leasing decision.
PHOENIX-A California couple took the keys to 43 units in two separate deals with the same owner, capping a week-long shopping spree that cost the investors $1.7 million.
CHANDLER, AZ-For the second time in three years, retail giant Wal-Mart is facing a setback in its attempt to site a super center in Chandler. Zoning regulations stopped the firm's first location and now, an expired land contract has put the brakes on a second site.
PHOENIX-A Palos Verde Estates, CA, investment group gets the title to a namesake investment with its $3.6 million purchase of Palos Verde Fairways, a 68-unit complex adjacent to the Palos Verde Golf Course. The park-like setting enhanced the deal but it was the positive cash flow numbers that sealed the group's decision to buy.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource