By: W. P. Carey School of Business It’s shaky, but improving. Experts say the Phoenix-area commercial real estate market is now officially in a slow recovery mode. A full 100 percent of the real estate brokers participating in a quarterly survey by the W. P. Carey School of Business at Arizona State University indicate they […]
Survey: Phoenix CRE in Shakey Recovery, But Optimistic Read More »
The Paragon at Kierland, a 276-unit, Class A luxury apartment complex located on the Westin Kierland Golf Course sold for $57.75 million ($209,239 per unit) or $200 per square-foot. The transaction is the highest per unit sale to date in 2013 and the highest per unit sale in the last five years for properties without
RETAIL – 3101 W INDIAN SCHOOL ROAD, PHOENIX Bill Johnson’s Big Apple West restaurant at 3101 West Indian School Road in Phoenix sold for $675,000 ($65 PSF) to Scott Capital Holdings of Arizona, LLC for the 10,346- square-foot building. Martin Leon and Chris Corso with DeRito Partners in Phoenix represented the buyer. Mike Myrick, Chris
PHOENIX SALES TOTALING $3.76 MILLION Read More »