City: Phoenix

Business Journal of PhoenixDriveTime Automotive Group has acquired a 125,558-square-foot office building in Mesa, Ariz., for $15.8 million. NAI Horizon represented DriveTime in the purchase of the office building at 7300 Hampton Ave.  DriveTime, a car sales and finance company, will ...

The Arizona RepublicStarwood Hotels & Resort will construct a four-star, 26-story Westin hotel in Tempe, Ariz. Details about the proposed project are limited, but it will be part of University Square, a $500 million mixed-use project in downtown Tempe. 

A Boston investment group has paid $39.5 million for Estates on Maryland, a 330-unit apartment complex in downtown Phoenix.The group, which is operating as CPR-2 Acquisitions purchased the property from the Laramar Group of Greenwood Village, Colo. Laramar marketed the ...

The Police and Fire Retirement System of the City of Detroit has acquired two Phoenix office buildings for $91 million. The pension fund acquired the buildings from affiliates of Stan Johnson Co. a Tulsa, Okla., real estate firm. Both buildings ...

Arizona Republic The Tempe, Ariz., City Council approved plans for a multi-million mixed-use project on 27 acres near the city's downtown. Michael Barker, an area developer, is constructing the project, which is entitled Pier 202. The project will include office, ...

Villa Marbella Apartments, a 183-unit property in Phoenix, has changed hands for $20.5 million.Carolyn Kutzke, a San Diego investor, purchased the property at 11025 S. 51st St. in south Phoenix's Ahwatukee area from a local partnership. Kutzke was represented in ...