PINAL COUNTY, ARIZONA — Richmond American Homes purchased an additional 139 lots in the Red Rock Village MPC for $6,880,500 ($49,500 per finished lot). The lots are 45’X115′ and are Richmond’s second purchase in the community in the past 12 months. The lots were purchased from Sunbelt Holdings. Sunbelt acquired the remaining 680-acres within the
Richmond American Expanding in Red Rock Village MPC Read More »
GLENDALE, Arizona – DAUM Commercial Real Estate Services has recently directed the acquisition of a 13,483-square-foot industrial property in the greater Phoenix submarket of Glendale, Arizona on behalf of the buyer, Bumble Bee Plumbing. The asset will serve as the buyer’s new headquarters location, according to Carter Wilson, Associate at DAUM Commercial, who completed the
DAUM Commercial Helps Local Business Expand with Acquisiton of New HQ in Glendale Read More »
Tucson, Ariz. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of a two-property multifamily portfolio in Tucson, Arizona. The properties are Equestrian, a 288-unit complex that sold for $47.7 million, or $165,625 per unit, and Ridgeline, a 272-unit property that traded for $42.5 million, or $156,250