• The Opus Group® Begins Construction on a Speculative Industrial Development in Goodyear

    The Opus Group® Begins Construction on a Speculative Industrial Development in Goodyear

    The Opus Group (Opus) announced today the start of construction on Goodyear Airport 85, a 275,000-square-foot speculative industrial development in Goodyear, Arizona. After recently developing more than 1.5 million square feet of industrial space across Goodyear, Opus is leveraging its deep relationships with the city – and extensive knowledge of tenant and market trends – for

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  • Cushman & Wakefield Brokers Full Building Lease of 146,000 SF at Chandler Tech Center

    Cushman & Wakefield Brokers Full Building Lease of 146,000 SF at Chandler Tech Center

    Cushman & Wakefield announced today the signing of a full-building tenant of 146,000 square feet (sf) at the Chandler Tech Center in Chandler, Arizona, a suburb of Phoenix. The tenant is a locally-based leading supplier of communications equipment. The Chandler Tech Center is a Class A property owned by Austin, TX-based Phoenix Industrial Investment Partners.

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  • RED Development Announces Two New Tenants Coming to CityScape

    RED Development Announces Two New Tenants Coming to CityScape

    The Downtown Phoenix dining scene continues to expand as RED Development announced today two additional tenants opening at CityScape Phoenix that will be first-to-market-concepts. The South Carolina-based 810 Billiards & Bowling is slated to open in spring 2021 within the 28,000-square-foot space above the CVS Drugstore. The venue will offer a new upscale entertainment, dining and bar experience complete with bowling

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  • Lincoln Property Co.’s Grand2 Becomes Largest Arizona Office Sale of the Year

    Lincoln Property Co.’s Grand2 Becomes Largest Arizona Office Sale of the Year

    Lincoln Property Company’s Class AA Grand2 office building in Tempe, Arizona has sold, becoming the largest office sale to close in the state this year and one of the top five office sales to close this year in the Southwestern U.S. The building buyer is Apex Capital Investments Corporation, a U.S.-based real estate investment management

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  • ABI Multifamily Brokers Northeast Phoenix Apartment Community for $29.75 Million

    ABI Multifamily Brokers Northeast Phoenix Apartment Community for $29.75 Million

    ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is proud to announce the $29,750,000 / $215,580 per Unit / $218.34 per SF sale of the Seventeen 805 Apartments, a 138-unit property in Phoenix, AZ. Built in 1984, renovated tastefully between 2016-2020, Seventeen 805 presents a value-add opportunity through continued interior renovations. Existing recent renovations include fully

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  • Private Investor Buys Four-Building TriWest Corporate Headquarters Campus in Phoenix

    Private Investor Buys Four-Building TriWest Corporate Headquarters Campus in Phoenix

    CBRE announced the sale of TriWest Corporate Headquarters Campus, a four-building office property in Phoenix, to an East Coast-based private buyer for an undisclosed amount, making their first investment in the Phoenix market. CBRE’s Barry Gabel, Chris Marchildon and Will Mast represented the seller, Irvine, Calif.-based Granite Phoenix Complex Holdings, in the transaction. Located at

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  • Replay Destinations Breaks Ground on Ascent at The Phoenician in Scottsdale

    Replay Destinations Breaks Ground on Ascent at The Phoenician in Scottsdale

    Replay Destinations (‘Replay’) has broken ground on Ascent at The Phoenician®, a planned private residential community located adjacent to The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizona. Ascent at The Phoenician® will sit at the foot of Camelback Mountain overlooking the Phoenician® Golf Club and will become a true legacy property in one of Arizona’s most celebrated locations. Replay and its award-winning local design team gathered* for

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  • Rommie Mojahed Represents Both Parties in Multi-State Cannabis Testing Lab Sale

    Rommie Mojahed Represents Both Parties in Multi-State Cannabis Testing Lab Sale

    If Covid-19 was not challenging enough, the recent office sale in Phoenix exemplifies how great relationships in commercial real estate prevail.  SVN Desert Commercial represented the buyer and the seller in a recent office sale in Phoenix.  Seasoned advisor, Director of Retail Leasing & Sales Investments, Rommie Mojahed closed the deal for $650,000. “There is

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  • Marcus & Millichap Arranges the Sale of Oracle Canyon in Tucson

    Marcus & Millichap Arranges the Sale of Oracle Canyon in Tucson

    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 Oracle Canyon, a 36-unit apartment property located in Tucson, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Tucson office, the asset sold for $4,050,000. “Oracle Canyon presented an opportunity for

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  • Diversified Partners Announces Major Development at Val Vista and Mercy in Gilbert

    Diversified Partners Announces Major Development at Val Vista and Mercy in Gilbert

    Diversified Partners announces a major 11-acre development at Val Vista Drive and Mercy Road in Gilbert, Ariz. The project will include hotel, office, and retail mixed-use. The development is directly south of Dignity’s Mercy Gilbert Hospital and lies in the heart of the Mercy Gilbert medical district. Diversified Partners has teamed up with Andy Jackson

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