Home » Cities »  (Page 12)

Phoenix


Multifamily and Office Deals Ramp up Activity in Metro Phoenix

Multifamily and Office Deals Ramp up Activity in Metro Phoenix

By Alex Girda, Associate Editor Cole Real Estate Investments has made yet another major move in the Phoenix-area real estate market with its recent large property purchase. The object of the transaction is the corporate headquarters campus of PetSmart Inc. and [...]…

Continue reading →

Dam Plan Flows through Approval Process; Luxury Apartments for Elevation Chandler Site

Dam Plan Flows through Approval Process; Luxury Apartments for Elevation Chandler Site

By Alex Girda, Associate Editor A $98 million investment is about to be made in Maricopa County and this project really needs to hold water. The Maricopa County Board of Supervisors recently passed a plan for a 10-year rehabilitation initiative of [...]…

Continue reading →

Real Estate Deals Ring Encouraging Bells in Q2

Real Estate Deals Ring Encouraging Bells in Q2

By Alex Girda, Associate Editor The multifamily sector has ensured Phoenix’s real estate maintains an encouraging profile as figures for Q2 of 2011 outpace those of the first quarter. According to the Phoenix Business Journal, sales that had multifamily as the [...]…

Continue reading →

Wrigleyville West Completion Postponed

Wrigleyville West Completion Postponed

By Alex Girda, Associate Editor Healthcare Trust of America Inc. has been very active with its purchases recently. Its newest target was the Phoenix area. Its acquisition of Desert Ridge Medical Campus near the Mayo Clinic has extended the amount of [...]…

Continue reading →

Phoenix Gearing up Retail and Office Markets with Major Deal in Scottsdale and Amazon’s planned expansion

Phoenix Gearing up Retail and Office Markets with Major Deal in Scottsdale and Amazon’s planned expansion

By Alex Girda, Associate Editor The largest commercial transaction in recent memory was perfected in Scottsdale when the Promenade traded hands from its unnamed seller to Excel Trust Inc. The seller was represented by Lucescu Realty, with the announcement of the [...]…

Continue reading →

Office Activity Sets Bar High, Will Housing Follow?

Office Activity Sets Bar High, Will Housing Follow?

By Alex Girda, Associate Editor Parkway Properties has just expanded its portfolio after buying a nautical-design building on the south bank of Tempe Town Lake, The Phoenix Business Journal reports. Hayden Ferry Lakeside I was purchased for $39.4 million. According to [...]…

Continue reading →

$2.6 Billion Solar Power Initiative Would Provide Energy to 28 States

$2.6 Billion Solar Power Initiative Would Provide Energy to 28 States

By Alex Girda, Associate Editor According to the Phoenix Business Journal, 547,000 square feet of office space was returned to the original developer after Mainspring Capital Group acquired eight buildings at the Pima Center in Scottsdale. The company built the 209-acre [...]…

Continue reading →

Westgate Center Scrambling to Avoid Foreclosure; Pool Fence Program Reaching Milestone

Westgate Center Scrambling to Avoid Foreclosure; Pool Fence Program Reaching Milestone

By Alex Girda, Associate Editor Glendale’s Westgate City Center is facing foreclosure according to several reports that have popped up in real estate news. The Phoenix Business Journal’s coverage on the matter mentions the fact that the two companies that own [...]…

Continue reading →

Chicago Cubs Select Phoenix for Spring Training Facility; Gray Development Plans Luxury Apartments

Chicago Cubs Select Phoenix for Spring Training Facility; Gray Development Plans Luxury Apartments

By Alex Girda, Associate Editor It’s been an average week for Phoenix real estate news, as there was no major development news or massive deal discussed in the press dedicated to the sector, but that doesn’t mean that there wasn’t anything [...]…

Continue reading →

Rentals Take Center Stage as Phoenix Housing Market Reinvents Itself

Rentals Take Center Stage as Phoenix Housing Market Reinvents Itself

By Alex Girda, Associate Editor Phoenix real estate news this past week comprised the most diverse of subjects, with both leasing and sales making the headlines. Probably the most relevant piece of news for the Phoenix area focused on one of the [...]…

Continue reading →

Phoenix Area Enjoying Big Love from Canadian Single Family Real Estate Investors

Phoenix Area Enjoying Big Love from Canadian Single Family Real Estate Investors

By Alex Girda, Associate Editor The City of Phoenix is punching its way into real estate market recovery. But all it has landed this week were small jabs. A number of commercial real estate properties were the subject of deals that [...]…

Continue reading →

Transactions Reignite Interest in Phoenix Retail and Office Markets

Transactions Reignite Interest in Phoenix Retail and Office Markets

By Alex Girda, Associate Editor Phoenix hasn’t exactly been racing out of the recession, but recent headlines point to signs of an escalating market that’s nearing recovery. This is happening with the help of transactions that should reignite interest in the [...]…

Continue reading →