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Phoenix Named a Top Market for Industrial Leases in 2022

Phoenix’s top four industrial leases totaled 4.6 million sq. ft. – 2022 Sets Record for 1 Million-Sq.-Ft. Industrial Leases PHOENIX – February 10, 2023 – Demand for industrial & logistics warehousing space is driving an increase in megawarehouses, according to a new CBRE report. Phoenix had four of the largest 100 industrial lease transactions in 2022. […]

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CBRE Announces $2.06 Million Sale of STNL BrakeMAX in Marana (Tucson), Ariz.

Phoenix, Arizona – CBRE announced the sale of a single tenant net investment sale of a BrakeMAX in Marana (Tucson), Ariz. sold to a 1031 exchange buyer, 6055 Jenna Nicole, LLC, a private Tucson-based investor for the asking price of $2.06 million. ($377 PSF) in one of the first sales being reported in 2021. CBRE’s

CBRE Announces $2.06 Million Sale of STNL BrakeMAX in Marana (Tucson), Ariz. Read More »

Midtown Retail Center, Midstar Plaza in Tucson sells for $5.15 Million

TUCSON, ARIZONA — CBRE has announced Midstar Plaza in Tucson, Ariz. sold to LBM Investments, a private San Diego-based investor for $5.15 million ($102 PSF). CBRE’s Philip D. Voorhees, Jimmy Slusher and Sean Heitzler in Newport Beach, Calif. along with Nancy McClure in Tucson represented the local private sellers. The La Jolla, Calif.-based exchange buyer

Midtown Retail Center, Midstar Plaza in Tucson sells for $5.15 Million Read More »

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