Month: February 2020

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Robust Industrial Market Maintains Low Vacancy Despite Abundance of New Projects

News / By

Tenant Demand and Strong Economy Fuel Expansion of Industrial Footprint Phoenix, Arizona – The Greater Phoenix industrial real estate market has a very healthy equilibrium in the midst of bringing millions of new square feet to its inventory. Vacancy remains below 10 percent after the city added 6.4 million square feet of new space in

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ABI Multifamily Brokers $38M, 444-unit Apartment Community in Tucson, AZ

1st Quarter Sales, News / By

Tucson, Ariz. –  ABI Multifamily has announced the $38 million / $85,586 Per Unit / $133.99 PSF sale of the Overlook at Pantano Apartments at 1800 S Pantano Road in Tucson. Overlook at Pantano is a 444-unit garden-style apartment community located on Pantano Road, nestled between Golf Links Road to the South and 22nd Street

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Mesa Retail Center Trades for $2.42 Million to Private Investor

News / By

Phoenix, Arizona – CBRE announced the sale of Power Plaza, a 9,500-square-foot retail center located at the northeast corner of Power and Broadway roads in Mesa, Arizona, for $2.42 million ($255 PSF). Cam Stanton, Tim Healy and Mike Sandahl of CBRE represented the seller, Lorne LLC of Tucson, Arizona. The buyer was HSA Development, a

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