TUCSON, ARIZONA – Avila Enterprises of Tucson (Juan Roberto Avila, manager) sold the former Shamrock gas station at 1306 West Grant Road in Tucson for $1 million to PARBHU, LLC
Phoenix, Arizona – Alignment Realty Capital (“Alignment”), a direct, net-leased acquisitions group based in Phoenix, Arizona, is pleased to announce the closing of a $9MM sale-leaseback acquisition of a 55,090-square-foot
By George Hammond, EBRC Director and Research Professor Arizona job growth exploded in June with the state adding 37,800 seasonally-adjusted jobs over the month. That was the largest gain since
Highlighted this week is a 15,000-square-foot industrial / distribution space lease handled by Brandon Rodgers, CCIM, and Max Fisher of BRD Realty The following leases have been submitted to the
PHOENIX, ARIZONA – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Sun
Tucson, Arizona – Rein & Grossoehme Commercial Real Estate announced the sale of 7A Budget Mini Storage. The property is located at 1830 N. 7th Ave. in Tucson consisted of 9 buildings totaling 30,208-square-feet and 279-units, 65 of which were climate controlled. The site is
TEMPE, Ariz. – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Tempe Gardens, a 36-unit apartment property located in Tempe, Arizona. According to Ryan Sarbinoff, regional manager
CBRE has released its Q2 industrial report for Greater Phoenix is live. Highlights include: Vacancy Rates: The Phoenix industrial market’s vacancy decreased quarter-over-quarter from 5.6% to 4.7%. Asking Lease Rates: The average monthly NNN asking lease rate increased quarter-over-quarter from $0.72/SF NNN to $0.74/SF NNN
PINAL COUNTY, ARIZONA —LGI Homes and Lennar separately purchased a total of 285 lots in the Red Rock Village MPC for $4,769,000. LGI purchased 167 platted lots (45’X115’) for $3,006,000 and Lennar added an additional phase of 118 platted lots (40’X115’) for $1,763,601. Lennar purchased their
Vacancy Falls to Record Low Level as Users Absorb New Space PHOENIX, ARIZONA – The Greater Phoenix industrial market is setting records in many categories. Construction of new projects has hit a historic record with approximately 19.1 million square feet currently being built. Colliers in
TUCSON, ARIZONA — 8275 N Silverbell Road Units 1, 2, 3, 4, 5, 6, 7, & 9, a net- leased property, sold for $3,084,000 ($276 PSF). Located southeast of Continental Reserve Loop and Silverbell Road, the property was 100% occupied by such tenants as Growlers
Phoenix Tech Talent Labor Pool Climbed 14.2% since 2015 Phoenix, Arizona – Phoenix moved up one spot to #17 overall on CBRE’s 2021 Scoring Tech Talent report as North American tech-talent employment weathered the pandemic better than most other professions. Numerous indicators underscore the resilience
Tucson, Arizona – Larsen Baker recently sold 6.54 acres of land at the northwest corner at Kino Parkway and Benson Highway to CID Opportunity Zone QOB, LLC. The land sold for $1,282,000 ($4.50 PSF). The new owner intends to use the land for a multifamily
TUCSON, ARIZONA – Earlier this week we reported on Black Rock Coffee Bar coming to Tucson. We now find out there are already three locations in progress for the popular Oregon-based boutique coffee chain. Rick Volk and Jeramy Price of VOLK Company handled the sale