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$82 Million Bankruptcy Sale of Multi-Family Development Portfolio
- Latest News
- January 22, 2021
Cushman & Wakefield and R.O.I Properties jointly announced today the firms have represented U.S. Bankruptcy Trustee regarding Biltmore 24 Investor SPE, LLC, et.al. on the fee and leasehold interest sale of an undeveloped four-parcel portfolio totaling approximately 33 acres in Phoenix and Scottsdale, Arizona. The portfolio, which sold through an auction in the U.S. bankruptcy
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SimonCRE Adds Another Large-Scale Project to its Portfolio
- Latest News
- January 20, 2021
SimonCRE, a national commercial real estate development and acquisition firm, adds another large-scale project to its portfolio with the purchase of a 13.50-acre multi-pad center to be a $20 million project at build out in San Tan Valley, Ariz. The center, located at the southeast corner of Ocotillo and Ironwood roads, features existing buildings including
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ABI Multifamily Brokers 160-Unit Northwest Phoenix Apartment Community for $24.25 Million
- Multifamily
- January 20, 2021
ABI Multifamily – the leading multifamily brokerage and advisory services firm in the Western US – is pleased to announce the $24.25 million / $151,563 Per Unit / $204.66 per square foot sale of Pointe Vista Apartments, a 160-unit multifamily apartment property located in Phoenix, Arizona. Built in 1981, the property is constructed of wood
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McShane Begins Construction on New Multi-Family Community in Gilbert
- Multifamily
- January 20, 2021
Crescent Communities has selected McShane Construction Company to provide construction services for NOVEL Val Vista. Located in Gilbert, Arizona, the new multi-family community will contain 317 units. “We’re thrilled to work on another multi-family development in Phoenix,” shared Jim Kurtzman, Senior Vice President at McShane. “NOVEL Val Vista is one of eight multi-family projects we
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156-Lot Residential Development Site in Maricopa County, AZ Sells for $5,156,000
- Latest News
- January 20, 2021
Terravista, a 156-lot residential development site located at Rooks Road and MC-85, SEC in Buckeye, Arizona, has sold for $5,156,000. The seller Marbuck, LLC was represented in the transaction by Kidder Mathews commercial real estate broker Brian Rosella. The buyer was LGI Homes, a Texas-based builder of new construction homes and housing developments. Terravista is
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Cushman & Wakefield Brokers Sale of New 263,000 SF Class A Industrial Facility for $43.1 Million in Goodyear
- Industrial
- January 20, 2021
Cushman & Wakefield announced today the firm has advised the sale of a newly constructed 263,606-square-foot industrial distribution/warehouse facility in Goodyear, Arizona for $43.1 million. Built in 2019, the building located at 17017 W Indian School Rd in the Phoenix MSA is fully leased to a single international credit tenant, one of the world’s leading
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Executive Updates
