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JLL closes $66 Million sale of Phoenix Metro Industrial Portfolio

PHOENIX, AZ – A large portfolio of industrial space located in one of the country’s fastest growing metro areas is bound to attract significant investor attention: the proof is in the sale of the three-property Phoenix Metro Industrial Portfolio. JLL’s Capital Markets experts closed the $66 million sale on behalf of Duke Realty Corporation. Exeter

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IPA sells The Reserve at Arrowhead for $64.5 Million

Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the sale of The Reserve at Arrowhead, a premier 472-unit multifamily asset in Phoenix. The $64.5 million sales price equates to more than $136,000 per unit. “Developed in two phases between 1998 and 1999

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