Planning & Development

New Rehab Facility Coming to Phoenix

By Tasha Anderson for AZBEX America’s Rehab Campuses (ARC), a full continuum care behavioral health and substance abuse treatment center with a facility in Tucson, is planning to expand into Phoenix with a new facility

Commercial Real Estate

  • Sales Transactions 1. ABI Multifamily announced the $150M sale of Sierra Ranch Apartments, a 582-unit multifamily apartment community in Phoenix. ABI’s Institutional Apartment Group – Alon Shnitzer, Rue Bax, Eddie Chang, and Doug Lazovick – facilitated the transaction. The parties were not disclosed. 2. Decron ...
  • Sales Transactions 1. ABI Multifamily announced the sale of the Metro Phoenix 5 Portfolio, one of the largest marketed Arizona multifamily portfolio sales to date, for a combined $414.5M between five properties and 1,448 units in Chandler, Gilbert, & Mesa. ABI Multifamily’s Phoenix-based Institutional Apartment ...
  • Sales Transactions 1. CBRE Global Investors (CBRE Investment Management) has closed on a 50-acre, three-building industrial site known as Fairway 10 in Avondale for $126M. The buildings total 718KSF and were built this year at the SWC of I-10 and Avondale Boulevard. 2. Davlyn Investments ...

Trends

Trends

Input Prices Up Again in December

By Associated Builders and Contractors Construction input prices rose 0.6% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.