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Commercial Real Estate News 08-14-12

Sales Industrial Income Trust, Denver, paid $90.3M ($71/SF) for a 1.3M SF distribution building, 800 N. 75th Ave., Phoenix. Buzz Oates Enterprises sold the property using BEX

August 14, 2012 // 0 Comments

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Commercial Real Estate News 8-7-12

Economic Development Phoenix/Mesa Gateway Airport’s $22M Terminal 1 remodel finishes just in time to welcome Frontier Airlines as the airport’s third carrier—joining BEX

August 7, 2012 // 0 Comments

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Commercial Real Estate News 7-31-12

Sale Transactions Photo Credit: Kelly Presnell / Arizona Daliy Star The Tucson Spectrum is now owned by DDR Corp. with its $80M ($80K/SF) purchase from Barclay Group. The 1M BEX

July 31, 2012 // 0 Comments

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Commercial Real Estate News 7-24-12

Sales GoDaddy owner Bob Parsons paid $37M ($258/SF) for a 147K SF retail plaza in North Scottsdale. The Basha’s-Walgreen’s-anchored Grayhawk plaza at Scottsdale Rd. and BEX

July 24, 2012 // 0 Comments

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Hospital Nameplate Adds to Medical Office Value

By Patricia Wassick and Deborah Carolson for Commercial Investment Real Estate Original Headline: Hospital affiliation is a strong indicator of MOB asset value The U.S. BEX

July 24, 2012 // 0 Comments

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Commercial Real Estate News

Lease/Purchase Transactions The City of Phoenix sold its 12.9K acre La Paz County landholding for $30M to International Farming Corporation LLC. The territory, which includes BEX

July 17, 2012 // 0 Comments

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CRE Pricing Recovery Broadens

By Randyl Drummer for CoStar Group Commercial real estate pricing continued to recover through May 2012 at a fairly surprising pace across the board given the disappointing BEX

July 17, 2012 // 0 Comments

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REITs Ramping Up Development

By Carisa Chappell for REIT.com Steven Marks REITs are cautiously starting to ramp up their development pipelines, according to a report from ratings agency Fitch Ratings. BEX

July 17, 2012 // 0 Comments

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Commercial Real Estate News 7-10-12

Purchase & Lease Transactions United Dominion Realty Trust, Richmond, Va., exited the Phoenix market with a flourish selling six Valley apartment complexes for $179.3M BEX

July 10, 2012 // 0 Comments

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Commercial Real Estate News

Transactions New York’s Blackstone Group picked up 1.6M SF across nine industrial properties in the Phoenix area at a total of $68.9M ($43/SF) for the buildings:  381K SF BEX

July 2, 2012 // 0 Comments

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Commercial Real Estate News

Purchase Transactions Equity Residential Trust of Chicago sold the 225-unit Park Meadow apartments, 125 E. Guadalupe Rd., Gilbert, for $20.8M ($92.4/unit) and Vista Grove BEX

June 26, 2012 // 0 Comments

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Commercial Real Estate News

  Purchase Transactions Weidner Investment Services added another Phoenix complex with the acquisition of the 316 unit Mirador Apartments for $31.1M ($99K/unit). The BEX

June 20, 2012 // 1 Comment

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Commercial Real Estate News

Sale and Lease Transactions  The parent company of Sunrise Senior Living, Gilbert, is partnering with CNL Healthcare Trust in a $226M joint venture bringing the Gilbert BEX

June 12, 2012 // 0 Comments

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Commercial Real Estate News

Transactions Scottsdale MAX at Kierland, 16220 N. Scottsdale Rd., Phoenix, sold to Canadian investor Artis REIT for $79M ($306/SF). The 90 percent leased green building sets BEX

June 5, 2012 // 0 Comments

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Commercial Real Estate Activity in the News

Sale Transactions Photo Credit: Globe St. ViaWest Group has acquired the remaining 102 condos in the 204-unit Timberline Place Condominium project, Country Club Dr. near E. BEX

May 29, 2012 // 1 Comment

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