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MESA, AZ-The Portland, OR investor sells in his hometown, buys in Mesa and plans a relocation so he can manage the property, the Penny Lane Apartments at 544 E. Southern Ave. The cash on hand delivers a closing in 45 days for the California seller.
TEMPE, AZ-The Southwest Corporate Center's location, fully leased status and assumable financing package make for a relatively quick sale. The 73,374-sf building sits on 3.6 acres near Interstate 10 and Sky Harbor International Airport.
SCOTTSDALE, AZ-Dale Phillips gets the top job at Mark-Taylor Residential, one of the state's largest luxury multifamily developers. Phillips, who joined the firm in 1985, most recently was senior asset manager.
PHOENIX-Netpro Computing, a software company, moves in May 1 to 12,303 sf on the top floor of the former regional headquarters of Microtest. The inbound tenant gets a full floor of furnished office space and rooms with a view of Camelback Mountain.
PHOENIX-Walden Special Partners of Addison, TX parts with the 90%-leased Casa Verde apartments along Indian School Road to reduce its Phoenix multifamily holdings to one. Three buyers were jockeying for the central city deed.
PHOENIX-The former Hendricks & Partners broker, Patrick Slavin, has filed a lawsuit in Maricopa County Superior Court against the firm. He is seeking $300,000 in damages, software program royalties and the firm's dissolution or restructuring.
SCOTTSDALE, AZ-The Indiana-based lender clears a 6 1/2-year lease, valued at more than $1.3 million, for the award-winning Galleria Corporate Centre at 4343 N. Scottsdale Rd. in a CBRE-packaged deal.
SCOTTSDALE, AZ-Sonoran Integrations, a telecommunications firm, takes 2,337 sf at Raintree Plaza in the Scottsdale Airpark. The lease, with a $93,670 triple net value, takes the four-building development to 94% occupied.
PHOENIX-For the second time in less than a year, Parkway Properties sells the majority interest in a high-profile office building to Investcorp. The shared deed comes 10 months after Parkway pays $58 million for the downtown Phoenix landmark.
MESA, AZ-The 18-location clinic has taken 17,760-sf at 2610 E. University Ave. in a lease agreement with an option to buy the building, owned by a Florida-based company. Occupancy is set for June 1.
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