Fall Forum 2019
Latest News
Urban Core Phoenix Multifamily Asset Sold by IPA for $26.1 Million
- Multifamily
- September 16, 2019
PHOENIX, Sept. 16, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Legacy Bungalows, a 200-unit multifamily asset in Phoenix. The property sold for $26.1 million, which equates to $130,500 per unit. “Located adjacent to Downtown Phoenix, Legacy Bungalows presents new ownership with a prime opportunity to deploy a tiered unit
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CBRE Handles Sale of Summerly at Zanjero Apartments for $78.5 Million
- Features, Multifamily
- September 16, 2019
CBRE has arranged the sale of the 340-unit Class A multifamily community Summerly at Zanjero on behalf of Fore Property to a private investor for $78.5 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional Properties represented the seller, Fore Property. Located at 7375 N. Zanjero Boulevard in the
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First Tenant Announced for Ellis Building Project
- Latest News
- September 13, 2019
Phoenix, Arizona – Clear Commercial Advisors will be handling the office and retail leasing for the historic Ellis Building, located at 135 N. 2nd Ave. in downtown Phoenix, which is being developed by Equus Development Corp. Citifarms, an indoor vertical farm focused on growing microgreens and other leafy greens hydroponically in a controlled environment, is
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Willmeng Construction Celebrates Able Aerospace Services Facility Expansion
- Industrial
- September 13, 2019
MESA, ARIZ. –Willmeng Construction Inc., a Phoenix-based commercial general contractor, recently joined Able Aerospace Services, a Textron Aviation Inc. company, along with partners, dignitaries and community members to officially open a $9 million building expansion at Able’s headquarters facility, located within Phoenix-Mesa Gateway Airport in Mesa, Ariz. Willmeng worked closely with Able to construct the 60,000-square-foot
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Commercial Properties Inc., is Announces 24k SF Office Sale
- Office
- September 12, 2019
PHOENIX, ARIZ. Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 1 & 51 West Elliot Road in Tempe, Arizona. Originally built in 1986, the multi-tenant office building is approximately 24,356 square feet and is conveniently situated on 1.96 acres just east of Kyrene Road
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Creative Office Redevelopment CASA Nears Completion with Host of Pre-Leases
- Office
- September 12, 2019
George Oliver eyes October delivery for first tenant spaces, spec suites at $17 million renovation PHOENIX, September 12, 2019 – The first phase of creative office space at George Oliver’s $17 million CASA redevelopment in Phoenix is heading toward an October completion with a host of pre-lease commitments in tow. The project, which totals 181,188 square feet
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Executive Updates
