Commercial Real Estate Transactions 07-16-2019
Sales Transactions 1. Solano Ridge I and Solano Ridge II Apartments, a 561-unit multifamily housing community located near 35th Avenue and Northern, sold this month for a BEX
News Ticker
Articles by Monica Tapia
SimonCRE to Redevelop Former Retail Center
Source: SimonCRE SimonCRE closed on a former Safeway-anchored shopping center, Park Northern, located at the NEC of 35th and Northern avenues in Phoenix. The former Safeway BEX
Arizona Projects 07-12-19
Awards & Accolades 1. Arizona State University’s Metis Center for Infrastructure and Sustainable Engineering selected ADOT’s Laguna Creek Bridge improvement as one BEX
SDLE Backs Off $3M Condo Deal – For Now
By Wayne Schutsky for Scottsdale Progress Hours before a Scottsdale City Council meeting on July 2, city staff pulled a controversial item from consideration that would have BEX
Industry Professionals 07-09-19
Giving Back 1. Fulton Homes and 99.9KEZ hosted another remote for their ‘Stuff the Bus’ program on July 6. Throughout the summer, Fulton Homes is donating school supplies BEX
Commercial Real Estate Transactions 07-09-2019
Sales Transactions 1. The Praedium Group, a New York City-based real estate investment firm, has recently acquired two brand-new, multifamily properties in the southeast BEX
Google Picks Mesa for Giant Data Center
By Jim Walsh for East Valley Tribune Technology giant Google is coming to Mesa, lured by a tax incentive agreement to build a massive data center in the emerging Elliot Road BEX
Industry Professionals 07-02-19
Giving Back 1. Tech Parks Arizona developed Racing the Sun, a hands-on STEM program for high school students, eight years ago to promote workforce development. After BEX
Commercial Real Estate Transactions 07-02-2019
Sales Transactions 1. Acacia Capital Corporation recently purchased Sonoran Vista, a 264-unit Class A multifamily community at 9340 E. Redfield Rd, Scottsdale, for $67M. BEX
Fountain Hills Discovery Center Moves Forward
By Bob Burns for Fountain Hills Times The Fountain Hills Town Council voted June 18 to approve the next stage toward the launch of the Arizona Dark Sky Discovery Center in BEX
Goodyear Council OKs 180-Unit Senior Living Complex
By Tasha Anderson for AZBEX The City of Goodyear recently approved a rezoning request for approximately 8.19 acres located east of the SEC of Bullard Avenue and McDowell Road BEX
Loop 202 Submarket Chosen for Commerce Park
Source: Trammell Crow Company Trammell Crow Company (TCC) announced plans for a new Class A speculative commerce park in Metro Phoenix. The project will sit on 48 acres and BEX
Arizona Projects 06-28-19
Awards & Accolades 1. Achen-Gardner’s Downtown Chandler Canal Restoration Project has won the Project of the year Award from Arizona APWA in the Historical BEX
Market Conditions Driving Rise in Construction Costs
By Rebekah Morris for AZBEX The last two parts in the series on rising construction costs focused on labor and materials specifically. Beyond tracking the most direct inputs BEX
5 Things to Do When Bid Prices Come in Over Budget
By Rebekah Morris for AZBEX This five-part series has touched on the specifics of why construction prices have been increasing so fast in the last 12-18 months. This piece BEX
Industry Professionals 06-25-19
Giving Back 1. In an effort to support military service members, TDIndustries partnered with Operation Gratitude, a nonprofit group that provides care packages to deployed BEX
Commercial Real Estate Transactions 06-25-2019
Sales Transactions 1. Baron Properties has purchased the SanTan by Baron, a 315-unit garden-style apartment community in Gilbert for $67.85M. Tyler Anderson, Sean Cunningham, BEX
199-unit Apt. Complex Planned for SDLE
By Tasha Anderson for AZBEX A mostly overlooked street in Old Town Scottsdale is proposed as the site for a new high-end multifamily residential development. Withey Morris BEX
Arizona Projects 06-21-19
Groundbreakings 1. Virtua Partners has broken ground on a 90-unit entry-level apartment complex on a vacant lot at 1980 East Broadway Rd, Tempe. The apartment project will BEX
The Rising Cost of Construction Materials
By Rebekah Morris for AZBEX Part 2 in a series on overall construction cost increases In early June, more than 100 A/E/C professionals gathered at Sky Song to hear a large BEX
AZ Const. Industry Would Employ 100K Tradespeople
By Rebekah Morris for AZBEX Part 3 – Deeper Dive – The Rising Cost of Construction Labor & What we’re doing to fill pipeline. Construction could employ another BEX
Industry Professionals 06-18-19
Giving Back 1. Rosendin sponsored Austin’s first Construction Camp For Girls, created by the Austin Chapter of the National Association of Women in Construction, from June BEX
Commercial Real Estate Transactions 06-18-2019
Sales Transactions 1. MG Properties Group recently paid $73.7M for the 379-unit Elevate at Discovery Park apartment complex at 1820 E. Bell De Mar Dr., Tempe. 2. Baron BEX
June LMS Event Covers Rising Construction Costs
By Rebekah Morris for AZBEX On Thursday, more than 100 attendees at the latest Leading Market Series event listened to a lively roundtable discussion regarding the rising BEX
Industry Professionals 06-11-19
Awards & Accolades 1. Phoenix Business Journal has announced it’s 2019 Top 40 Under 40 Honorees. See the full list here. Some of the honorees include: Julie Garcia, BEX
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