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TEMPE, AZ-The Reserve at Town Lake is picked up by a California couple, who get a promise for solid returns after general improvements for their first acquisition in the metro. Escrow on the property closed in less than 30 days.
GILBERT, AZ-Just SUVs unpacks in an industrial spot in the East Valley Commerce Center in a three-year pact signed as replacement space for a just-sold, larger location. A new focus on Internet sales offsets less elbow room.
MESA, AZ-Granite Capital Investments of Los Gatos, CA uses 1031 Exchange funds to buy a pair of buildings, totaling 55,591sf, in Clearview Commons, a three-structure mix of office, industrial and retail space developed as a merchant-build project by Voit.
PHOENIX-Automotive wholesaler, J&A Arrowhead Enterprises, places the winning offer just one day after the 6,200-sf building comes to market. The sellers, now dissolving a business, pen a 15-month lease until the new owner is ready to take down the space.
MESA, AZ-The brand-new Super Wal-Mart Shops, sitting in the shadow of a super center, sells with a 7.8% cap rate to a California investor with the highest price and best due diligence terms on the table.
TEMPE, AZ-Crown Pacific Properties and AEW Partners team for a second buy in the metro, paying $14.7 million for the 244-unit Lakefront at West Bay. The repositioning plan calls for $1.8 million in renovations in the next nine months.
PHOENIX-A California investment company with tenant in tow buys a 4,500-sf building adjacent to Sky Harbor International Airport. The building will become home to a repair shop for the airport's ground-support equipment.
PHOENIX-Newquist Ault Commercial Properties finalizes a five-year lease for 2,772 sf in the East Gateway Centre. The deal places the Phoenix-based firm squarely in the middle of its development market and pushes a move in mid-June.
TEMPE, AZ-The 50-unit Vale Condominiums, which includes four street-level units for shop space, is the first of its kind to earn a special mixed-use zoning in the city. The first sets of keys turn in December and the balance by midyear 2005.
SCOTTSDALE, AZ-Trapeze Software Group Inc. inks a five-year lease for 10,138 sf in the Village at Hayden mixed-use development. Six months of free rent plus a turnkey build-out helps lure the tenant to the project.
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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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.
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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.
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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!
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Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
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 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 Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
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