Local News

Arizona Projects 05-14-21

Groundbreakings 1. Marwest Enterprises, LLC broke ground on Elliot 202, a 1.08MSF foot speculative industrial development at the NEC of Hawes Road and Elliot Road. The project is anticipated to be completed by December 2021.

People on the Move

Industry Professionals 05-11-21

Giving Back 1. SDB Contracting Services announced it has reached the $100K Lifetime Giving amount to Phoenix Children’s Hospital. SDB has a long history of corporate philanthropy with Phoenix Children’s having made its first donation

Commercial Real Estate

Commercial Real Estate News 05-11-21

Sales Transactions 1. Decron Properties purchased Broadstone Rio Salado, a 276-unit Class A multifamily property in Tempe for $96.15M, from Alliance Residential Co. The purchase is Decron’s first acquisition within the state. 2. Ezralow Company,

Local News

Arizona Projects 05-07-21

Groundbreakings 1. Clayco recently broke ground on a 388KSF speculative industrial building in Glendale’s Loop 303 Corridor for developer Scannell Properties. In collaboration with architect Ware Malcomb, Clayco is on track to complete the project

People on the Move

Industry Professionals 05-04-21

Giving Back 1. Concord General Contracting came up with the idea of showing appreciation to teachers, school administrators and communities by providing some cheer to various school districts within Arizona, called Show the Love. They

Commercial Real Estate

Commercial Real Estate News 05-04-21

Sales Transactions 1. CapRock Partners purchased Northern 101 Commerce Center, a 388.6KSF, state-of-the-art industrial development at Glen Harbor Airpark, Glendale, for $44M, from Creation Equity. The development was designed and built by LGE Design Build.