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Tucson Redevelopment of Former Church Site on Broadway Fully Leased

One year ago, Christian Faith Fellowship church sold its property at 5601 E. Broadway to local developer Broadway Festival, LLC. Bill Viner and Steve Shenitzer head Broadway Festival. The development team had the site rezoned to redevelop it as a retail project. Now, almost exactly 12 months later, the site is fully leased, having secured […]

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Multifamily Infill Sells for $1.65 Million in Central Phoenix

Phoenix, AZ – Brian Smuckler and Jeff Seaman of CBRE’s Multifamily Investment Group have completed the sale of The Carolina, an 18-unit boutique apartment community in Central Phoenix. The property commanded a sale price of $1.65 million, or $91,667 per unit/$157 PSF, which was 100 percent of the listed price. The Carolina is located at

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Tucson Metro Multifamily Market Strengthens as Employers Add Workers

Colliers International Releases 4Q 2015 Tucson Metro Area Multifamily Market Report Colliers International in Greater Phoenix released Tucson Metro Area Multifamily Market Report for fourth quarter 2015. Report highlights are outlined below. For more details, refer to the attached report or click here to view online. The Tucson multifamily market strengthened to close 2015, due

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