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BUCKEYE, AZ-Millennium Properties spends $10.1 million for the southeast corner of Johnson Road and Interstate 10 to develop a retail and industrial park. In the last 17 months, the high-rollers have amassed nearly 3,900 acres in the metro.
PHOENIX-E&V Investments, known for local industrial development, is testing the waters of the office market with a $9-million, class A project at the northwest corner of 19th Avenue and Lone Cactus Road in the Deer Valley submarket.
PHOENIX-States Logistics Services Inc., holding a Gatorade distribution contract, lights Mack Tolleson II, positioned beside the beverage company's manufacturing facility. The 15-month lease has a payout of nearly $1.5 million.
PEORIA, AZ-Mission Viejo, CA-based Mammoth Equities LLC acquires Arrowhead Commerce Center for $13.2 million from Dallas-based developer Jackson-Shaw Co. The three building complex totals 121,402 sf and is 95% leased.
GLENDALE, AZ-The Ellman Cos. breaks ground on Westgate City Center, a 223-acre undertaking with 500,000 sf of mixed uses. The first phase, named the Village, will open in October 2005 at the main entrance of Glendale Arena.
PHOENIX-Maskil Investment Co. of Southern California pays $3.2 million to Rreef for one of the last remaining large vacant industrial buildings in the Southwest Valley. Now, the task is to find a tenant for the 114,871-sf building at 200 S. 49th Ave.
PHOENIX-Belden Wire & Cable hangs a $25-million tag on the 1.5-million-sf industrial facility at 505 N. 51st. Ave. The St. Louis-based Belden recently sold the wire and cable division to a buyer, who took the business and passed on the 95 acres of local real estate.
PHOENIX-Summit Builders is off and running on an expansion to Bank One's 400,000-sf Sky Harbor Operations Center. The second phase will put a second floor onto 1820 E. Sky Harbor Circle South and add a 1,000-space parking garage.
SCOTTSDALE, AZ-After searching at least a year, Clear Creek Associates structures a $1.6-million, off-market deal for a 10,000-sf office building. With half of the building leased to executive suite tenants, the firm will set up shop in the 5,000-sf balance.
PHOENIX-Caremark Rx Inc. will pay out $1.7 million over the term for 18,315 sf of expansion space in Cotton Center I at 4025 Cotton Center Blvd. The pharmaceutical firm now occupies 60,000 sf in a neighboring office/warehouse.
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