TUCSON, ARIZONA – Flint Development (“Flint”) acquired 47.74 acres from several affiliates of Tucson-based Red Point Development (Daniel Leung, manager) at the southwest corner of Alvernon Way and Valencia in
SIERRA VISTA, Ariz. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Port Royale, a 252-unit multifamily property in Sierra Vista,
Tucson, ARIZONA — LGI Homes closed on another 126 lots in the Star Valley master-planned community MPC in Tucson’s southwest submarket. The paper lots were purchased for $4,961,250 ($39,375/Lot). The
Plans $52 million renovation of Biltmore Commerce Center in coveted live-work-play submarket PHOENIX, ARIZONA – Phoenix-based developer George Oliver has purchased Biltmore Commerce Center, a landmark building in the heart
PIMA COUNTY, ARIZONA – Pima Animal Care Center is seeking the community’s help to place 250 dogs into 2-week foster or adoptive homes ahead of the July 4 holiday when
TUCSON, ARIZONA – Portillo’s new location will be located at Tucson’s El Con Center, the high-traffic retail center located at E. Broadway Blvd and N. Dodge Blvd and home to major retailers including Target, Walmart, Home Depot and more. El Con Por Tillos, a developer,
PHOENIX, ARIZONA – SVN Dessert Commercial completed the sale of two office buildings consisting of ±38,000 SF, situated on 2.6 acres of land located off of Black Canyon Highway in Phoenix, AZ. The property located at 7103-7107 N Black Canyon Hwy, Phoenix, AZ 85021 was
TUCSON, Ariz. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Equinox on Prince, a 114-unit multifamily asset in Tucson, Arizona. The property sold for $21.1 million, which equates to $185,088 per unit. Clint Wadlund, IPA senior
Phoenix, AZ. – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,500,000 / $625,000 Per Unit / $1,288 Per SF sale of Canyon Wren Cabins, a luxury cabin retreat located at 6425 Arizona 89A,
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 Las Palmas, a 16-unit apartment property located in Tempe, Arizona. The asset sold for $3,880,000 ($242,500
TUCSON, ARIZONA – Tucson Irvington Take Five LLC, dba Take 5 Oil Change, purchased a 25,650 square-foot retail pad in Placita del Rio for $900,000 ($35 PSF) to construct a 1,400-square-foot auto service building. Take 5 Oil Change began in Canada in 1985 with its
PHOENIX, ARIZONA — Northmarq’s Phoenix-based investment sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle, brokered the $119,734,000 sale of TerraLane at Canyon Trails in Goodyear, Arizona and the $66,156,000 sale of TerraLane at South Mountain in Phoenix, Arizona. The properties were
Drive-to and Leisure Hotels Continue to Perform Best – Phoenix RevPar this year is likely to exceed pre-pandemic levels Phoenix, Arizona – CBRE is raising its forecasts of U.S. hotel performance for 2022 and beyond, based on Q1 2022 strength, continued slowing of construction activity,
PHOENIX, ARIZ. – Arizona Self-Storage Association (AZSA), the trade association that represents the self-storage industry in Arizona, recently announced its 2022-2023 leadership team and re-elected board members. AZSA’s 2022-2023 leadership team comprises Jeff Gorden, The Gorden Companies, President; Ray McRae, AMSMC/ Storage Solutions, Vice President;