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CASA GRANDE, AZ-In an effort to pay down debt, Reliant Resources Inc. agrees to sell the 588-megawatt Desert Basin plant at 1872 N. Burris Rd. Houston-based Reliant is now looking purchase an 81% interest in Texas Genco Holdings Inc.
PHOENIX-A 25,455-sf building in Tempe sells for about $1.2 million in a transfer from Bank of America to a local investor. Meanwhile, Dexter Distributing takes 38,650 sf in Tempe while Systems Integration Plus grabs 7,133 sf in Scottsdale.
PHOENIX-The firm of Parker and Thompson settle on 3,740 sf in a mid-term lease for a Phoenix office building at 141 E. Palm Lane. In Scottsdale, Larson Engineering takes 3,029 sf in the Scottsdale Financial Center.
TUCSON-The 52-unit Tucson East Apartments at 8490 E. Old Spanish Trail brings in $2.1 million for a local seller while the 12-unit Villa Pacifica at 4207 N. 27th St. in Phoenix ropes $535,000 for its San Francisco seller.
PHOENIX-The industrial business park rallies leases from Visar Corp. for 11,773 sf and Granberry Supply Corp. for 8,705 sf. One move-in is set for August and the other takes place in October.
SCOTTSDALE, AZ-In a $9.9-million deal, Wireless Retail inks a five-year lease for 90,000 sf of office space at 10001 N. 92nd St. The company is taking space previously built out for a Vanguard Group call center.
SCOTTSDALE, AZ-Expanding its existing presence by 51,997 sf, DHL Information Systems new office space is located in Building B of the Koll Perimeter Center. The five-year lease is valued at $7.8 million.
SCOTTSDALE, AZ-Spencers TV & Appliance has moved into its third metro Phoenix location, choosing a 16,130-sf storefront at 14202 N. Scottsdale Rd. The retailer is setting up shop in the spot for the next 10 years.
NEW YORK CITY-The Department of Buildings on-line property information system, BIS on the Web, is streamlining the design and construction processes here by translating the DOB's mainframe database to Web pages at www.NYC.gov/buildings.
NEW YORK CITY-Having served as interim president for the past four months, Kevin M. Rampe was officially named president of the Lower Manhattan Development Corp. Mayor Bloomberg and Governor Pataki announced the appointment.
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.
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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.
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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