TUCSON, ARIZONA – Thorinson, LLC and partners (Robert Elam, manager) of San Rafael, CA traded into two Tucson properties recently, an office building at 6303 E Tanque Verde Road and
TEMPE, ARIZONA – 916 South 52nd Street, an office/flex building zoned GID just South of Downtown Tempe, traded this week for $1,395,000 or $128 per square foot. Nick Miner, CCIM
TUCSON, ARIZONA — April was another strong month for Tucson home sales according to indicators from Tucson MLS. The busy spring market continues to see many multiple offer situations driving
Phoenix, Arizona – The Town of Florence is one of the oldest towns in Pinal County and is regarded as a National Historic District filled with historic buildings and its rich
Tucson shown as the 13th fastest growing metro in 2019-2020. The Census Bureau published its annual population estimates for metropolitan areas yesterday (note this is not from the decennial Census
Mesa, Arizona – Higley Investment Group LLC, an affiliate of Long Development Corporation (David Long, President) has purchased the former Iowa Café located at the southeast corner of Higley Rd & Brown Rd in Mesa, Arizona and will remodel the existing building to accommodate a
TUCSON, ARIZONA – The CCIM Chapters of Central and Southern Arizona will be hosting a virtual workshop on April 30, 2021 from 9:00 AM to 12:00 PM. As a result of the COVID-19 pandemic, mandatory closures and restrictions for businesses across the globe have severely
PHOENIX, ARIZONA Phoenix industrial market activity continued to accelerate posting a strong start to 2021. After a record-breaking year in 2020, the first quarter showed no signs of slowing down. Net absorption totaled 5,622,877-square-feet in Q1 2021. This marked the highest quarterly net absorption since
PHOENIX, ARIZONA – Vacancy increased for four consecutive quarters, settling at 19.1% in Q1 2021. This is the first four consecutive quarter increase in vacancy since Q2 2009 to Q2 2010. Vacancy is up 470 basis points (bps) year-over year from 14.4% in Q1 2020.
TUCSON, ARIZONA – KC Posse, LLC (Robert Keith & Cynthia Jean Newlon) dba Pioneer Title Agency bought a condominium at Plaza Campana for $714,680 ($170 PSF). Built in 2002, the 4,204-square-foot condominium was last occupied by Bank of America Mortgage and has been vacant for
PHOENIX, ARIZONA – Toscana Resort and Villas, located at the southwest corner of 10th Street and Bethany Home Road at 929 East Bethany Home Road, traded for $4 million or $166,66 per unit. Jackson Everhart and Zack Mishkin of ORION Investment Real Estate represented the
Tucson, AZ – The Tucson Museum of Art and Historic Block (TMA) examines the diversity of human experiences in our community in 4×4: Willie J. Bonner, Nazafarin Lotfi, Alejandro Macias, and Anh-Thuy Nguyen. The exhibition is scheduled for May 20 to September 26, 2021. 4×4
The March consumer price index (CPI)—a key measure of inflation—increased by 0.6% over the past month and 2.6% over the past year, driven largely by higher gasoline prices. Although the annual rise is above the Fed’s long-term target of 2% inflation to maintain price stability,
Phoenix, Arizona – Rommie Mojahed, the Director of Retail Leasing & Sales Investments has been a staple in the commercial real estate community here in the valley of the sun. He has grown up in the east valley which has been a primary focus for