What's Hot

    Plan Revisions in Marana Would Yield New Commercial and Residential Developments

    August 26, 2025

    Mortenson to Build Mixed-Use Master Plan on Former Coyotes N. Phoenix

    August 26, 2025

    Round 3 of BuildItAZ Grants Announced

    August 26, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [August 26, 2025] - Plan Revisions in Marana Would Yield New Commercial and Residential Developments
    • [August 26, 2025] - Mortenson to Build Mixed-Use Master Plan on Former Coyotes N. Phoenix
    • [August 26, 2025] - Round 3 of BuildItAZ Grants Announced
    • [August 26, 2025] - Industry Professionals 08-26-25
    • [August 26, 2025] - Commercial Real Estate 08-26-25
    • [August 22, 2025] - 383-Unit Multifamily Project Recommended by Goodyear P&Z
    • [August 22, 2025] - Aviation Training Center Planned for Mesa-Gateway Airport
    • [August 22, 2025] - Magazine Tackles Construction Crisis by Inspiring Teen Girls to Enter Skilled Trades
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      Plan Revisions in Marana Would Yield New Commercial and Residential Developments

      August 26, 2025

      Mortenson to Build Mixed-Use Master Plan on Former Coyotes N. Phoenix

      August 26, 2025

      383-Unit Multifamily Project Recommended by Goodyear P&Z

      August 22, 2025

      Aviation Training Center Planned for Mesa-Gateway Airport

      August 22, 2025

      Round 3 of BuildItAZ Grants Announced

      August 26, 2025

      Magazine Tackles Construction Crisis by Inspiring Teen Girls to Enter Skilled Trades

      August 22, 2025

      Old Town Scottsdale to See $40M in Improvements

      August 20, 2025

      Ariz. Construction Lost 400 Jobs in July

      August 19, 2025

      Scottsdale Hospitals War May Heat Up with New Banner Request

      July 29, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      RTA Funding Proposal Stirs Controversy

      August 15, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      Commercial Real Estate 08-26-25

      August 26, 2025

      Commercial Real Estate 08-19-25

      August 19, 2025

      Commercial Real Estate 08-12-25

      August 12, 2025

      Commercial Real Estate 08-05-25

      August 5, 2025

      Industry Professionals 08-26-25

      August 26, 2025

      Industry Professionals 08-19-25

      August 19, 2025

      Industry Professionals 08-12-25

      August 12, 2025

      Industry Professionals 08-05-25

      August 5, 2025

      Arizona Projects 08-22-25

      August 22, 2025

      Arizona Projects 08-15-25

      August 15, 2025

      Arizona Projects 08-08-25

      August 8, 2025

      Arizona Projects 08-01-25

      August 1, 2025

      Tucson City Council Likely to Approve Water Restriction on Large

      August 19, 2025

      Ritz-Carlton Paradise Valley Fight Could End in Foreclosure

      August 15, 2025

      Ariz. Supreme Court Upholds Citizens’ Right to Halt Local Projects

      August 8, 2025

      Proposed Legislation Aims to Increase Housing Supply

      August 5, 2025

      Ariz. Construction Lost 400 Jobs in July

      August 19, 2025

      Experts Share on the Latest Industrial Trends at BEX Panel

      August 15, 2025

      Multifamily Developer Confidence Up in Q2

      August 12, 2025

      Ariz. Construction Gained 600 Jobs in June

      July 22, 2025

      Plan Revisions in Marana Would Yield New Commercial and Residential Developments

      August 26, 2025

      Mortenson to Build Mixed-Use Master Plan on Former Coyotes N. Phoenix

      August 26, 2025

      Round 3 of BuildItAZ Grants Announced

      August 26, 2025

      Industry Professionals 08-26-25

      August 26, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • DATABEX Log-In
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Hospitality LMS
      • 2025 Public Works Conference
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    • CIP Special Report
    AZBEX
    Home » Commercial Real Estate » Commercial Real Estate News 06-27-23
    Commercial Real Estate

    Commercial Real Estate News 06-27-23

    BEX StaffBy BEX StaffJune 27, 2023No Comments2 Mins Read
    6. Solaire at Scottsdale. Credit: Gantry, Inc./AZ Big Media
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Sales Transactions

    1. Wood Partners has sold the 330-unit Alta Raintree apartment development in Scottsdale to The Connor Group for $141.5M. The community will now be known as The Aston Scottsdale.

    2. Garrett Development Corp. has sold two self-storage centers—one in Mesa and one in Cave Creek—totaling 1,620 units and 160.5KSF to Buchanan Street Partners LP for $41M. The buyer was assisted by Nick Walker and Walter Brauer of CBRE Group Inc. in the acquisition.

    3. Six Old Town Scottsdale properties owned by Pan Am Equities have been sold to Old Town Waterfront LLC for $36M. The motel, retail and office locations are located near Indian School Road and Goldwater Blvd.

    4. Comfort Communities has sold the 188-unit Desert Valley Oasis mobile home community on Main Street in Mesa to Bridge Investment Group for $20M. John Sheedy of Park Brokerage Commercial Real Estate represented the seller and procured the buyer.

    5. The 229.7KSF Plaza del Sol shopping center at 33rd Avenue and Indian School Road in Phoenix was sold  by Diamond Ventures to a joint venture of Jams Investments Inc. and The Benjamin Cohanzad Trust for $17.25M.

    6. 29th Street Capital has purchased the 124-unit Solaire at Scottsdale apartment community on McKellips Road in Tempe for $17.7M. Gantry’s Adam Parker and Chad Metzger secured the five-year fixed-rate Freddie Mac loan that financed the transaction. The new owner plans exterior and unit interior upgrades across the property.

    7. Don Martin Apartments LLC purchased Don Martin Apartments, a 12.6KSF investment property at 605 E. 9th St. in Tucson. The 24- unit apartment property was purchased from Performance Properties Group LLC for $3.25M. Allan Mendelsberg and Joey Martinez with Cushman & Wakefield | PICOR represented both parties.

    8. RedSwell LLC has paid $2.52M for a 29.5KSF industrial property at 3151 E. Drexel Road in Tucson. The previous owner, MRK Global Network, will continue to occupy the building on a short-term leaseback until the business and inventory are liquidated. Jake Arnold and Omer Kreso of Realty Executives Arizona Territory represented both parties.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Commercial Real Estate 08-26-25

    August 26, 2025

    Commercial Real Estate 08-19-25

    August 19, 2025

    Commercial Real Estate 08-12-25

    August 12, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Plan Revisions in Marana Would Yield New Commercial and Residential Developments

    August 26, 2025

    Mortenson to Build Mixed-Use Master Plan on Former Coyotes N. Phoenix

    August 26, 2025

    Round 3 of BuildItAZ Grants Announced

    August 26, 2025

    Industry Professionals 08-26-25

    August 26, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    Plan Revisions in Marana Would Yield New Commercial and Residential Developments

    August 26, 20250

    By Roland Murphy for AZBEX Developer Bourn Companies and property owner Red Point Development have…

    Mortenson to Build Mixed-Use Master Plan on Former Coyotes N. Phoenix

    August 26, 2025

    Round 3 of BuildItAZ Grants Announced

    August 26, 2025

    Industry Professionals 08-26-25

    August 26, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Plan Revisions in Marana Would Yield New Commercial and Residential Developments

    August 26, 2025

    Mortenson to Build Mixed-Use Master Plan on Former Coyotes N. Phoenix

    August 26, 2025

    Round 3 of BuildItAZ Grants Announced

    August 26, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.