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ASU survey: Phoenix CRE slow but steady recovery for another six months at least

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A recent survey of commercial real estate brokers by Arizona State University’s W. P. Carey School of Business shows a slow and steady recovery continuing for at least another six months. Experts say the Phoenix-area commercial real estate market is on solid ground and they feel optimistic about the future, but near-term activity will likely

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CBRE Completes $7.33 Million Sale of Phoenix Industrial Property

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Phoenix, AZ – CBRE has completed the sale of a 97,500-square-feet industrial property located at 440 North 51st Avenue in Phoenix, AZ. Bill Bayless with CBRE’s Phoenix office represented the buyer, Dolphin Manufacturing. The seller, Kalyx, was represented by Steve Sayre with JLL. The total consideration for the transaction was $7.33 million ($75 PSF). “Dolphin

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Southern Arizona CCIM Chapter Names New Directors for 2017

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TUCSON, AZ — The Southern Arizona CCIM Chapter, a group of approximately 150 members focused on commercial real estate, recently elected its Board of Directors and Committee Members for 2017. CCIM Institute is commercial real estate’s most influential professional organization, with members closing $200 billion annually in commercial real estate deals. For more than 40

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