Monday, October 22, 2018

Transportation Corridors Key to the $51.5 Million, 428 Unit Apartment Acquisition

Phoenix, Arizona –  ABI Multifamily is pleased to announce the $51,500,000 / $120,327 per unit sale of the Avante Apartment Homes, located in Phoenix, Arizona. Built in 1999, Avante is a fully gated, two story, garden-style apartment community constructed of wood frame and stucco that features a total of...

Coldwell Banker Arizona Among Highest Performing Real Estate Companies

PHOENIX, Arizona – Coldwell Banker Residential Brokerage ranked as a top residential real estate company for sales volume and transaction sides in Phoenix and Tucson in 2016. The rankings were reported in the 2017 REAL Trends Market Leadersreport, a portion of the REAL Trends 500. Coldwell Banker Residential Brokerage accounted...

Vast Real Estate Solutions is Growing

Vast Real Estate Solutions in Tucson has announced the addition of a new Sales and Leasing Associate, Aubrey Finkelstein, to the company. A Tucson native coming from a ‘real estate family’, Finkelstein is a University of Arizona graduate and yes of course an avid Wildcat fan. Finkelstein completed her...

NAIOP Joins Opposition to $1.4 Billion Prop 480 Bond Initiative in...

PHOENIX – The NAIOP Arizona board of directors has unanimously opposed Prop 480, an item on the Nov. 4 general election ballot that asks Maricopa County voters to approve a $1.4 billion general obligation bond over 27 years for the Maricopa Integrated Health System (MIHS). If passed, Prop 480 would...

Continental Ranch Retail Center Sells for $5.05 Million

A Rocklin, California based company, Shoppes at Continental Ranch, LLC (Brad Griffith, manager) bought the Safeway anchored retail center for $5.05 million. Located at 9090-9160 N Silverbell Road, at southeast corner of Twin Peaks and Silverbell Roads in Marana. The sale was for 10,133-square-feet of existing inline shop space and...

Max Fisher Joins Cushman & Wakefield Picor Brokerage Team

TUCSON, Arizona -- Cushman & Wakefield | PICOR is pleased to welcome Max Fisher to its Tucson commercial real estate brokerage team.  Max specializes in the leasing and sale of industrial and business park properties, including flex/research and development, warehouse and distribution, and manufacturing space. As a native Tucsonan, Max inherently understands what...

Five Significant Tucson Office Leases – just north of 162,000 SF

The Tucson office market is ending November in a strong position. After a less than stellar first half of the year, the sector is heading toward the end of the year with sustainable momentum moving into 2016.“Given that in 2014 the office market had between 125,000- and 190,000-square-feet of...

MC Companies’ Tucson Portfolio Expands to Seven Communities

SCOTTSDALE, AZ – With its latest acquisition of Rock Ridge Apartments in Oro Valley, the highest 2014 year-to-date sale for the region (see October 17th Real Estate Daily News story here ), MC Companies portfolio is now up to seven apartment communities in the Tucson area. MC Companies is...

Sonic Corp. to be Acquired by Arby’s Owner, Inspire Brands, in...

Oklahoma City and Atlanta – Sonic Corp. (“Sonic”) (NASDAQ: SONC) and Inspire Brands, Inc. (“Inspire”) today announced that they have entered into a definitive merger agreement under which Inspire will acquire Sonic for $43.50 per share in cash in a transaction valued at approximately $2.3 billion including the assumption...

Real Estate Daily News Buzz December 8, 2016

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...

Real Estate Daily News Buzz December 9, 2014

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...

Richmond American Growth Keeping Ahead of Inventory Curve in Tucson

TUCSON, Arizona – Richmond American Homes - Tucson Division has backhoes and bobcats ready. The number of finished lots available in submarkets that buyers desire is dwindling fast, and developing raw land—which became a lost art for many builders during the recession—is now a real necessity for growth-minded companies...
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