Thursday, November 23, 2017

Residential Lot Sales are Brisk in Dove Mountain

Pulte Homes closed on additional land for 241 SFR lots in the Del Webb at Dove Mountain Active Adult Community where it plans to build approximately 650 homes on 208 acres when complete. The latest takedown for 241 lots sold for $6.96 million ($28,863 per lot). This was phase...

AEW replaces Rockwood Capital as JV partner at Tempe Marketplace

Tempe Marketplace, the popular open-air mall near Arizona State University's main campus, sold for $367 million by a joint venture partnership. It is one of the priciest real-estate deals in Arizona history. Vestar and AEW Capital Management (AEW) have partnered to acquire Tempe Marketplace. Vestar previously owned the center and...

Real Estate Daily News Buzz October 15, 2015

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Phoenix Lease Report Week of October 5-9, 2015

The following leases were reported to the Real Estate Daily News for the Phoenix Lease Report the week of October 5 thru 9, 2015. RETAIL – NE CORNER of 7th AVE and BELL ROAD, PHOENIX Andy Kroot of Velocity Retail represented Goodwill of Central Arizona in the lease of a 24,512-square-foot...

Real Estate Daily News Buzz October 13, 2015

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Raytheon completes development of 3rd Generation Bradley Commander’s Primary Sight

Anticipating US Army proposal, upgraded to include dual-band thermal imager, hi-def camera TUCSON, AZ -- Raytheon Company's (NYSE: RTN) Missile Systems business has completed the development of its 3rd Generation Commander's Primary Sight (CPS) ahead of the U.S. Army's anticipated Improved FLIR lethality engineering change proposal for the Bradley Infantry...

How Private Development Can Partner With Cities to Fund Infrastructure

Phoenix, Ariz. – Valley Partnership has announced the topic for its upcoming monthly breakfast on Friday, Oct. 23th  How Private Development Can Partner With Cities to Fund Infrastructure. This month’s program will feature a discussion on the variety of funding options for needed infrastructure, the purpose of public-private partnerships...

Real Estate Daily News Buzz October 14, 2015

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Dove Mountain Retail Property Sales off the charts this Month

Retail property sales at Dove Mountain Retail Center were much more than usual this month, in fact, Cottonwood Properties sold out of improved properties at the center. We were told remaining are only some out pads and surrounding land that the Dove Mountain community developer still owns for retail...

Phoenix Office Market Absorption Surges, New Projects Set to Deliver

Colliers International is reporting that after a fairly steady first half of the year, the Greater Phoenix office market strengthened in the third quarter. Tenants moved into a net of more than 950,000-square-feet in the past three months, topping the total for the first half of the year and...

Canadian-based, Western Wealth Capital Closes 3rd Transaction in Metro Phoenix

ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the bulk condominium sale of Solterra on Fifth Avenue, a condominium community that is located in Phoenix, Arizona. The purchase consisted of 40 units (out of an original 60 units total on the property) and...

September housing report: Year-over-year improvements taking hold

Quick Click:  September TAR/MLS Residential Report    Other than a decline in the number of homes for sale in September, the Tucson region’s September housing market recorded another month of continued slow improvement year-over-year. The Median Selling price is now 4.2% higher than a year ago with the Average Selling Price...
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