• Phoenix Industrial Building Trades for $10.55 Million

    Phoenix Industrial Building Trades for $10.55 Million0

    JLL Capital Markets closed the sale of the Southbank Business Park property JLL Capital Markets announced today that it has closed the $10.55 million sale of a 101,932-square-foot flex building located in Southbank Business Park in Phoenix, Arizona. JLL represented the buyer, a private charitable foundation that purchased the asset. Additionally, the buyer hired JLL’s leasing

    READ MORE
  • Sublease Spike Ends Eight-Year Run of Positive Phoenix Office Absorption

    Sublease Spike Ends Eight-Year Run of Positive Phoenix Office Absorption0

    Strong market outlook, positive year-to-date performance persists in light of fluctuations The Phoenix office market has experienced its first quarter of occupancy loss in eight years, according to the newly released Q2 2020 Office Insight Report from the Phoenix office of JLL. However, the market continues to maintain positive long-term viability thanks to a diverse

    READ MORE
  • Marcus & Millichap Arranges the Sale of a 5,514-SF Medical Office in Gilbert

    Marcus & Millichap Arranges the Sale of a 5,514-SF Medical Office in Gilbert0

    Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 5,514-square foot medical office property located at 1744 East Boston Street in Gilbert, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $1,800,000. The

    READ MORE