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TUCSON—Berkadia Commercial Mortgage LLC announces the sale of Zona Rio, located at 1001 West St. Mary's Road in Tucson. The seller was an entity of Capital Texas Properties of Austin. The buyer was Zona Rio Investors LLC of Newport Beach.
PHOENIX—Molly Busch has joined CBRE'S capital markets group in Phoenix. A senior associate, Busch will partner with vice president Andrew Fosberg. The duo focuses on investment sales with an emphasis in retail properties.
PHOENIX—In this week's Deal-Tracker, Marcus & Millichap announce the sale of Covered Wagon RV Park, 44 RV sites, two mobile home sites and an office built on 3.27 acres in Phoenix.
PHOENIX—Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease at Freeport Industrial Center, 5502 W. Buckeye Ave. Elontec willl consolidate its operations and relocate its corporate headquarters to the property. This lease brings the 103,400-square-foot Freeport Industrial Center to 100% occupancy.
PHOENIX—Xceligent, Inc. announces that David Verwer and Andy Weflen have joined the Xceligent team in the Phoenix and Las Vegas regions.
PHOENIX—The NAIOP Arizona board of directors has unanimously opposes Prop 480, an item on the Nov. 4 general election ballot that asks Maricopa County voters to approve a $1.4 billion general obligation bond over 27 years for the Maricopa Integrated Health System.
PHOENIX–Wentworth Property Company and Northwood Investors purchased a 234,446-square-foot office project at 1665 W. Alameda Dr. The partners had the vision to see the unique potential in the property and purchased it for $13.83 million with plans to spend $20 to $25 million on redeveloping the project.
PHOENIX—Harvard Investments, Lincoln Property Company and American Traffic Solutions announce that ATS will be relocating over 600 employees to Waypoint, a new Class A office campus located in Mesa.
PHOENIX—DPC Development announces the completion of the interior and exterior renovation of Biltmore Commerce Center, a 260,000-square-foot, Class A office building at 3200 E. Camelback Rd.
PHOENIX—A leading auto aftermarket company has signed a 10-year-plus lease for 109,060 square feet at Canal Crossing Logistics Center at 5670 S. 32nd St. in Phoenix. The project is currently under construction.
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