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TEMPE, AZ-The Arizona State University Foundation will occupy 50,000 sf while the remaining 70,000 sf will be leased to the university. Lincoln Property Co. is acting as the project developer for the five-story building, which breaks ground in July.
PHOENIX-Alliant Partner of Tampa Bay, FL and Orix Real Estate of Chicago start talks for half the tract and end up with the whole shebang for $10 million. A retail project replaces Marriott's plan for a Residence Inn and Springfield Suites.
SCOTTSDALE, AZ-Comed Medical Specialties taps a suite at 6210 E. Thomas Rd., a project of Anthem Scottsdale LP. The office lease carries a $59,598 price tag for the Scottsdale address with freeway access.
PHOENIX-Hall Financial Group says the deals should start to close in 90 to 120 days on a number of the 49 properties on the market. Hall isn't exiting the multifamily business, but it is collecting cash for an asset reallocation to a mezzanine and gap financing pool.
PHOENIX-Two properties, with 394 units, in Arizona and eight assets, with about 1,800 apartments, in New Mexico hit the market. For months, Hall Financial Group has been hiring teams to hawk its 1980s-acquired, class B complexes in the Southwest.
PHOENIX-Investors, many from California, are chasing acquisitions in the Valley as they seek high-quality retail, industrial and even office properties. The lack of supply of available product is forecast to keep sales slow in 2003.
TEMPE, AZ-Champion Wire & Cable takes 29,779 sf at 822 W. 22nd St., where finish-out is underway. The half acre of outside storage area is the swaying factor for a relocation within the business park.
PHOENIX-The deal took a year to find since the buyer limited the search to two square miles and set a spending limit. The 95%-occupied Missouri Gardens fit the bill for the "location sensitive" purchasers from Vancouver.
PHOENIX-Relizon sells a 104,400-sf industrial property along 45th Avenue as it boxes up for an early 2003 relocation to a smaller building. The new owner, though, has a roofing company waiting for the keys.
PHOENIX-A medical training and certification business takes 2,753 sf in the Good Sam Professional Building across the street from the Good Samaritan Hospital. The deal brings $17 per sf or $561,512 per year for the building owner.
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