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  • ORION Sells Silver Tree Apartments for $2.94 Million

    ORION Investment Real Estate announced its sale of the Silver Tree Apartments, located at 4336 N. 35th Avenue in Phoenix. The 98-unit, individually metered, 1986 vintage property sold for $2,940,000 ($30,000 per unit, $49.70 per sq. ft.).  The property was in the mid 80’s percent occupancy at close of escrow and did have additional value add

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  • CBRE Announces Sale of Mesquite Corporate Center in Scottsdale for $15.25M

    CBRE announced today the sale of the Mesquite Corporate Center, a Class A 79,537-square-foot multi-tenant office building located at 14646 North Kierland Boulevard in Scottsdale, Arizona, to Waittcorp Real Estate, LLC, for $15.25 million. The building was 96% occupied at the time of the sale. CBRE’s Barry Gabel, Chris Marchildon and Mindy Korth negotiated the

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  • Economic Review and Outlook: July 2013

    By Tim J. Randall “The First Law of Economists: For every economist, there exists an equal and opposite economist. The Second Law of Economists: They’re both wrong!” No doubt readers have heard a joke about economists such as this, or perhaps like this: “If you laid all the economists in the world end to end,

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  • Data Centers in the Desert: Why Phoenix is a hotbed for this technology-centered real estate

    By Tim J. Randall Entering the complex there is a Fort Knox feeling reminiscent of the classic James Bond movie Goldfinger: security access, cameras, closed-circuit monitors, guards, and badges. While there is no Oddjob at this facility, there is definitely a feeling of control, precision, and protection. The structure itself has the look and feel

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  • NAI Horizon Recent Sale, Lease Transactions

      Recent sale and lease transactions by NAI Horizon: Sale Transactions: >>Mark Wilcke negotiated the sale of a 3,768 SF industrial property, representing the buyer DLC Southwest LLC, for $240,500. … CONTINUE READING

    The post NAI Horizon Recent Sale, Lease Transactions appeared first on AZRE Magazine.

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  • Top of the List: Denver’s biggest property managers

    “Top of the List” highlights one of our exclusive lists that appear in the weekly print edition of the Denver Business Journal. The weekly lists rank Colorado businesses and other entities in a host of categories, from law firms to lenders.

    Online, we give you basic information on the top five from each weekly list. The full list, including additional data on the top five, is available to DBJ subscribers only, either in our print edition or in our digital edition here.

    And the lists are compiled…

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