Scottsdale, Ariz.  (June 12, 2026) – CBRE negotiated the sale of Residences Kierland, a 290-unit luxury multifamily community in North Scottsdale. CBRE’s Asher Gunter, Matt Pesch and Austin Groen represented the seller, Quarterra.  Bruce Francis, Doug Birrell, Bob Ybarra, Shaun Moothart and Nick Santangelo with CBRE’s Debt & Structured Finance practice facilitated debt financing for the buyer, MacNaughton.

“Residences Kierland is a generational core asset in a submarket defined by premier retail and a concentration of high-wage employment,” said Gunter, Vice Chairman at CBRE. “Quarterra built an exceptional property, and the strong investor interest reflected the community’s appeal.”

Completed in 2022, Residences Kierland’s one- and two-bedroom floorplans feature gourmet kitchens with quartz countertops, a GE Café appliance package, wine fridges, vinyl plank flooring, illuminated bathroom mirrors and smart lock keyless entry systems. Additionally, the property features seven two-story townhomes, each averaging 2,000 square feet, with direct access and a two-car garage.

The community has an elevated pool deck with private cabanas, a bike room and a pet spa with a full washing station and electric car chargers. Residents also have access to a 24-hour fitness center and yoga studio.

Residences Kierland also features The Retreat, a full-service spa. The Retreat includes heated loungers for relaxation, a nail salon, individual massage rooms, a sauna and steam room with aroma-infused oils, a cool-mist room, a salt therapy room and hot and cool pools in a secluded outdoor space.

MacNaughton is a premier, family-owned real estate investment and development firm operating in the residential, condominium, hospitality, retail and commercial asset classes in Hawaii and the continental United States.

“The Kierland corridor is one of the most irreplaceable residential addresses in the American Sun Belt,” said MacNaughton CEO Ian MacNaughton. “Residences Kierland fits exactly the profile we seek: an asset defined not just by four walls and amenities, but by the cultural gravity of the place it calls home. This acquisition expands MacNaughton’s portfolio in Metro Phoenix and is a compelling addition to our growing mix of existing and under-development multifamily communities across the U.S.”

Quarterra is a real estate investment firm focused on creating long-term value by developing high-quality multifamily communities nationwide. With 12 regional offices across 20 states, Quarterra combines institutional scale with local market expertise to deliver purposefully designed rental communities in high-growth markets.

“Residences Kierland is a marquee community where no expenses were spared in the design, ensuring a top-of-the-market asset that is commensurate with the quality of the prime location in Scottsdale,” said Dan Tilton, Senior Director of Development for the Quarterra Southwest Division.  “Quarterra couldn’t be more pleased to sell this prized asset to our good friends at MacNaughton and to entrust them with this community for the foreseeable future. Our Quarterra development and construction team, along with our partners at Arqline, did a phenomenal job designing, constructing, and managing this resort-quality community.”

Residences Kierland is in the heart of Kierland’s high-end retail core. Kierland Commons and Scottsdale Quarter are blocks away from the community, offering residents high-street retail and fine-dining destinations.

TUCSON, ARIZONA (June 12, 2026) — Larsen Baker has completed the sale of its 50% interest in the freestanding ArchWell-occupied building at 5100 E. Broadway Blvd., located at the southeast corner of Broadway and Rosemont in Tucson.

The seller, BRO Developer, LLC, an affiliate of Larsen Baker, sold its 50% interest in the property to Mavin Capital, LLC for $1.7 million.

The building is occupied by ArchWell, a healthcare provider focused on primary care services for seniors. The Broadway and Rosemont location places the property along one of Tucson’s most active commercial corridors, with strong visibility and access in the central Tucson market.

Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the seller and handled the transaction.

For more information, Figueroa can be reached at 520-296-0200 ext. 218.

Phoenix, Arizona  (June 12, 2026) – CRE8 Advisors, a leading commercial real estate brokerage firm based in Phoenix, is pleased to announce the successful sale of a former RV dealership in Tucson, AZ, for $1.24 million.

Rowley White RV acquired the 2.25-acre property at 4933 S. Outlet Center Drive, marking the buyer’s first commercial real estate transaction with CRE8 Advisor Chad Shipley.

Having known Rowley White personally for years, the broker was tasked with identifying an ideal dealership location to support the company’s continued growth. After evaluating opportunities throughout the market, the broker secured the former Pedata RV Center property located near I-10 and E. Irvington Road.

The property offers exceptional visibility and accessibility along one of Tucson’s major transportation corridors and is strategically positioned within a well-established RV hub that includes other RV dealerships, camping destinations, and industry-related retailers.

“This transaction was especially rewarding because it combined a long-standing personal relationship with the opportunity to help a growing company secure a location that aligns perfectly with its business objectives,” said Chad Shipley.

The acquisition positions Rowley White RV in one of Tucson’s premier RV-focused commercial corridors, providing a strong foundation for future success in the Southern Arizona market.

For more information on the sale, please contact Chad Shipley directly or visit www.CRE8advisors.com.

Source: RED Comp 12535