Archive

TUCSON, AZ, – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Bellevue Estates, a 20-unit apartment property and Vista de Catalina, a 32-unit apartment property both located in Tucson, Arizona. According to Ryan Sarbinoff, regional manager of

Developer to Break Ground on Phase I of Four-Building Project in April Phoenix, Arizona –  EastGroup Properties, Inc. (NYSE: EGP) has purchased 23.6 acres of land near Germann and Gilbert roads for $6,411,286 ($271,665 per acre).  The real estate investment trust plans a four-building, two phase industrial park called Gilbert Crossroads Business Park on the

PHOENIX, ARIZONA – The total annual economic impact of construction and operations within Arizona’s apartment industry is the equivalent to the state playing host to more than 10 Super Bowls each year. The apartment industry generates 22,000 jobs, $699 million in wages, and $3.8 billion in economic output each year as 37 percent of Arizona