AZ Big Media A venture of Hardy World LLC and Silver Creek Development has broken ground on the 150,615-square-foot third phase of the Level Crossing industrial development in Surprise, Ariz. Hardy World, of Bentleyville, Pa., and Silver Creek, of Beverly ...
Commercial Property Executive Martens Development Co. has broken ground on Brickyards on Ellsworth, a 909,553-square-foot industrial property in Mesa, Ariz. The Scottsdale, Ariz., developer is building the property at the intersection of Willis and Ellsworth roads, about 35 miles southeast ...
Commercial Real Estate Direct Staff Report Top 10 Properties has paid $21.8 million, or $232.60/sf, for Pinnacle Peak Commerce Center, a 93,725-square-foot industrial property in Phoenix. The Gilbert, Ariz., company purchased the property from an affiliate of Nicola Wealth Real ...
AZ Big Media EQT Exeter has paid $60.1 million, or $93.63/sf, for I-10 Gateway, a 641,906-square-foot industrial property in Buckeye, Ariz. The Radnor, Pa., REIT purchased the property from its developer, BET Investments, in a deal brokered by Cushman & ...
An affiliate of W.P. Carey Inc. is offering for sale the 354,888-square-foot data center and office property at 9501 East Shea Blvd. in Scottsdale, Ariz. The New York REIT has hired Marcus & Millichap's Institutional Property Advisors unit to market ...
Multi-Housing News A venture of Ray and VeLa Development Partners has broken ground on Ray Phoenix, a 401-unit apartment property in Phoenix. Ray, of New York, and VeLa, of Stamford, Conn., are building the 26-story property at 777 North Central ...
AZ Big Media A venture of Hubbard Street Group and Cresset Real Estate Partners has opened Skye on 6th, a 309-unit apartment property in Phoenix. The Chicago-based venture broke ground on the property, at 817 North 6th St., in 2021. It ...
The vacancy rate for apartment properties in Phoenix was 9.5 percent in the first quarter, down from 9.8 percent in the previous quarter, according to Kidder Mathews. Meanwhile, rents last quarter increased to $1,525/unit, from $1,514/unit at the end of ...
Commercial Real Estate Direct Staff Report New York Life Insurance Co. has provided $40 million of financing to facilitate Decron Properties' $69 million, or $259,398/unit, purchase of Hangar at Thunderbird, a 266-unit apartment property in Glendale, Ariz. The Los Angeles ...
Commercial Real Estate Direct Staff Report ACORE Capital has provided $75.4 million of financing to facilitate Trinity Investments' purchase of Scottsdale Plaza Resort and Villas, a 404-unit hotel in Paradise Valley, Ariz. Trinity, of Honolulu, bought the property from a ...
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