Real Estate Daily News Service

Park303 to deliver almost 1.2 million s.f. of Class A space along new freeway corridor GLENDALE, Arizona – NAIOP Arizona 2018 Owner and Developer of the Year Lincoln Property Company has closed on 71.5 acres in Glendale, Arizona for $11.7 million, initiating development of Park303. The new $115 million speculative Class A industrial project will […]

Tucson rents have remained flat over the past month, however, they are up slightly by 1.8% year-over-year. Currently, median rents in Tucson stand at $712 for a one-bedroom apartment and $946 for a two-bedroom. Tucson’s year-over-year rent growth lags the state average of 3.5%, but exceeds the national average of 1.4%. Rents rising across cities

PHOENIX, Arizona – Cushman & Wakefield announced that an entity formed by Phoenix-based Alliance Residential purchased 1.527 acres within the Roosevelt Row Arts District at the northeast corner of 3rd Street and Portland Street in Phoenix for $6.45 million ($97 PSF). David Fogler and Steven Nicoluzakis of Cushman & Wakefield represented the seller, Edgehill Investments