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MESA, AZ-Maverick Holding Co. antes up $55,000 more than the best deal on the table to take the deed to Westwind Terrace, a 53,823-sf office building in Mesa. Merrill Lynch, Charles Schwab and Salomon Smith Barney are on the tenant roster.
CASA GRANDE, AZ-Price Cos. of Winnipeg will be pumping some badly needed jobs into the economy of a city about 40 miles south of Phoenix. The firm has bought a 130,000-sf plant shuttered 18 months ago, 20 acres and some machinery.
PHOENIX-Hedlund Fabrics closes its doors after three decades, sparking a sale to an area couple tempted by the availability of the downtown location. The buyer will use 1710 E. Washington St. as a storage hub for convention and trade exhibits.
PHOENIX-A seasoned pro at revitalization projects in San Francisco and LA has acquired its first Phoenix property for a similar play. The 34-unit Town Apartment Community attracted four offers within a month of hitting the market.
MESA, AZ-The Phoenix buyer sells a retail center in his homeport for a 19,800-sf one in Mesa. The acquired center is fully occupied by tenants with long-term, triple net leases. The acquisition satisfies a 1031 Exchange.
PHOENIX-RREEF is the seller and a Tempe investment is the buyer of the West Phoenix properties, both single-tenant industrial buildings. Though tied in name, the assets were acquired with individual debt in the event of a future sale.
PHOENIX-More than 2.97 million sf were absorbed last year, with 1.5 million sf compliments of Target Corp. with its West Valley project. Other sectors weren't so lucky, but overall vacancy is 9.9%, up just 0.2% from the previous year.
PHOENIX-Sunstate Builders buys 7.79 acres for six build-to-suit, single-tenant buildings on the land in the Northwest Airpark. At least three sites will have airplane taxiway access at the Deer Valley Airport.
TEMPE, AZ-Champion Wire and Cable, a Westbury, NY wholesaler, is planning a move in April to Broadway Industrial Park for double the area and gain yard storage space for the operation. The 63-month lease is valued at $735,000.
PHOENIX-Olympic Investors outbids 14 others for the 274-unit Las Brisas apartments, a 94%-occupied complex in Phoenix's prestigious North Central Corridor. Built in 1992, the complex had location and quality as its selling points.
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