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PHOENIX-In a rare opportunity, a user acquires an 84,458-sf office building in the prestigious but hard-hit Camelback Corridor. Crescent gets the check and a non-core asset stripped from the portfolio.
HOUSTON-The hot pursuit for the 22-year-old Celebration at Westchase no doubt was linked to its 95% occupancy and ample room to grow the rent. Buyer BH Equities is honing in on a renovation to do just that.
PHOENIX-The 54,979-sf, 95%-occupied Chandler Business Park brings $2.8 million and the 44,069-sf, 75%-leased Roeser Business Park in Phoenix goes for $2.7 million. International Capital Partners of Scottsdale makes the buys.
WESLACO, TX-The Knapp Medical Center undertakes a renovation and expansion of its emergency room area. The 28,000-sf project will be done in October 2003. The Dallas team for McCarthy Building Cos. gets the job.
HOUSTON-The Arizona-based developer's tract is at the East Houston intersection of Wood Forest Drive and Maxey Road. The plan for the land is to build the 381st Walgreens in Texas.
TEMPE, AZ-A Phoenix couple uses a 1031 Exchange to acquire a 23,851-sf office building at 4801 Lakeshore Dr. in Tempe. Seller Equus bought the building in 1999 and is selling it as part of a push to unload smaller properties for larger ones.
PHOENIX-The lone broker says it's a win-win for buyer and seller. The buyer was seeking a good Phoenix property for a 1031 Exchange and the seller was looking to "capitalize on the strong real estate market.
TUCSON-The firm's managing director in Phoenix has been chasing the niche play for a decade. At last, the right team leader has come along. For 25 years, attorney Andrew A. Brodkey has been mining the fields that CBRE wants to tap.
HOUSTON-Dominion Steel Specialties has picked a single-tenant building at 5978 Armour Dr. in Houston, where it will distribute and store imported wire binding for its shipping industry customers.
PHOENIX-The Phoenix buyer intends to sell pad sites on the 9.2-acre tract and naturally find a tenant for the 99,510 sf of retail space, now vacant due to Home Depot's move right across the street from 4240 W. Camelback Rd.
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