Local Projects

Arizona Projects 03-23-18

Groundbreakings 1. The Milwaukee Brewers along with City of Phoenix and community partners broke ground on the renovation project for Maryvale Baseball Park in Phoenix. The Brewers will invest $56-$60M in the construction phase of the program.

Commercial Real Estate

Commercial Real Estate News 03-20-18

Sales Transactions 1. Continental Realty Advisors partnered with GTIS Partners to acquire the 240-unit San Palmas at Mission Park apartment complex in Chandler for $43.2M. The seller, Spring Brook Development, bought the garden-style community in February

Commercial Real Estate

Commercial Real Estate News 03-13-18

Sales Transactions 1. DiamondRock Hospitality Company announced that it has acquired the Kimpton Hotel Palomar, a lifestyle boutique hotel in downtown Phoenix. The purchase price is $80M, or $331K/key. 2. JLL’s Capital Markets team announced the company completed