• Verona Park Apartments in Mesa Sell for $43.75 Million

    Verona Park Apartments in Mesa Sell for $43.75 Million

    Utah Investor Plans to Complete Renovations of Community in Popular Infill Location PHOENIX, ARIZ.–  Bridge Investment Group of Salt Lake City has purchased the Verona Park apartment community at 1666 S. Extension Rd. in Mesa for $43,750,000.00.  The Utah investor plans to complete modernization of the 304-unit development, which is located in a popular infill area. “This

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  • Clear Sky Capital Sells Scottsdale Apartments for $26.15 Million

    Clear Sky Capital Sells Scottsdale Apartments for $26.15 Million

    Cushman & Wakefield Negotiates Sale of 164-Unit Value-Add Apartment Community PHOENIX, ARIZ. – David Fogler and Steven Nicoluzakis of Cushman & Wakefield represented an entity formed by Phoenix-based Clear Sky Capital, LLC in the sale of Tatum Place, located at 16801 N. 49th Street in Scottsdale, Ariz. Tatum Investment Partners, LLC, an entity formed by Chicago-based

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  • Vestis Group Negotiates Four Long-term Leases for Sprint

    Vestis Group Negotiates Four Long-term Leases for Sprint

    Vestis Group negotiated four long-term corporate leases for Sprint in Phoenix, Mesa, Gilbert and Tucson, Arizona. PHOENIX, ARIZ. –Vestis Group, a commercial brokerage and investment firm, is pleased to announce the completion of four long-term corporate leases for Sprint (NYSE: S) in Arizona. The Phoenix based Vestis Group commercial brokerage team of Natan Jacobs and Matt Morrell negotiated the leases on behalf

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  • Sunbelt Holdings Announces Executive Leadership Shifts

    Sunbelt Holdings Announces Executive Leadership Shifts

    SCOTTSDALE, ARIZ. – Sunbelt Holdings has announced a series of executive leadership shifts designed to best optimize the organization’s momentum and assure its success in real estate development in the future. Sunbelt Holdings, which celebrates its 40th anniversary later this year, has earned its reputation as a respected leader in real estate development, management and

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  • New Multifamily Design Highlights Infill Expansion in Phoenix

    New Multifamily Design Highlights Infill Expansion in Phoenix

    Millennium Park Central Brings Updated Mid-Century Style and Urban Amenities to Revitalized Neighborhood PHOENIX, ARIZ. – Cuningham Group Architecture, an international design leader with offices in Minneapolis, Los Angeles, Las Vegas, Denver, San Diego, Phoenix, Beijing and Doha, has announced design details of Millennium Park Central. The nine-story, market-rate apartment community is the residential component of the overall

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  • Colliers Phoenix Office Market Posts Strongest First Quarter in Seven Years

    Colliers Phoenix Office Market Posts Strongest First Quarter in Seven Years

    Nation’s Second Largest Employment Growth Fuels Demand for Space Phoenix, Ariz.– The Greater Phoenix office market posted its strongest first quarter in seven years, according to a recent report released by Colliers International in Arizona.  The metro area posted the nation’s second largest increase (±3.1 percent) in non-farm employment February 2018-February 2019, which has fueled demand

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  • Phoenix Office Market Absorption Hits 10-year Quarterly High

    Phoenix Office Market Absorption Hits 10-year Quarterly High

    Q1 JLL Office Report denotes more than 1 million square feet absorbed since first of year PHOENIX, Ariz. – According to JLL’s Q1 Phoenix Office Market Report, metro Phoenix has absorbed more than 1 million square feet of office space since the first of the year – a quarterly high not seen in over 10 years.

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  • SVN Desert Commercial Advisors Finalizes Long-term Medical Facility Lease in Peoria

    SVN Desert Commercial Advisors Finalizes Long-term Medical Facility Lease in Peoria

    Phoenix, Ariz. – SVN Desert Commercial Advisors finalizes a long-term lease at the Peoria Medical & Professional Center in Peoria, AZ.  Advisor Jonathan Levy worked with the tenant in finding the perfect space for the medical facility expansion in the west valley.  The tenant, Northwest Vascular will also include some ancillary services within this 10,000 square

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  • Kidder Mathews Releases Phoenix Industrial 1st Quarter 2019

    Kidder Mathews Releases Phoenix Industrial 1st Quarter 2019

    Setting the stage for the year ahead, the Phoenix industrial real estate market’s performance in Q1 2019 only further reflected the consistent demand this market has shown cycle after cycle. Vacancy rates hit an all-time record low and asking rental rates soared to a new high. Leasing and sales activity continues to remain on solid

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  • The Statesman Group Breaks Ground on Third Phase of Luxury Condos in Chandler

    The Statesman Group Breaks Ground on Third Phase of Luxury Condos in Chandler

    $90M The Cays at Downtown Ocotillo Achieves 30% Sold in Third Phase, Nears Close-out of Second Phase WHAT:The Statesman Group will break ground on the third phase of 64 luxury condominiums at The Cays at Downtown Ocotillo and host a celebration that will be open to the public where potential buyers can enter to win

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