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Alberta Plans 187 M-F Units, Retail in Downtown Tempe

Alberta Plans 187 M-F Units, Retail in Downtown Tempe

Greenwood Village, Colorado - based Alberta Development Partners has acquired a 1.86-acre land parcel on the northwest corner of University Drive and Ash Avenue within the Mill Avenue District of Downtown Tempe, where it plans to develop a mixed-use project.…

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Epoch To Make Phoenix Debut With $50M M-F Project; Jerry Simms Pays $45M for Scottsdale Retail Center

Epoch To Make Phoenix Debut With $50M M-F Project; Jerry Simms Pays $45M for Scottsdale Retail Center

Winter Park, Florida-based Epoch Properties Inc. plans to break ground on a $50 million multi-family project that would bring up to 292 new apartments to downtown Phoenix.…

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KBP Realty Pays $8M for Deer Valley Flex Complex; Mark-Taylor Plans Upscale M-F Project in Scottsdale

KBP Realty Pays $8M for Deer Valley Flex Complex; Mark-Taylor Plans Upscale M-F Project in Scottsdale

In an $8.04 million deal, KBP Realty Advisors acquired Turner Spectrum Ridge, a 68,195-square-foot industrial flex property in Phoenix from Newport Beach, California-based Turner Real Estate Investments. The price translates to about $117.98 per square foot.…

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CSM to Reinvent Phoenix Office Building as Select-Service Hotel; W.P. Carey Pays $23M for Avnet HQ In Tempe

CSM to Reinvent Phoenix Office Building as Select-Service Hotel; W.P. Carey Pays $23M for Avnet HQ In Tempe

CSM Lodging, a division of CSM Corporation, plans to revamp the historic Professional Building – the former Valley Bank & Trust building – in downtown Phoenix, and turn it into a premium select-service hotel.…

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Younan Buys Class A Office Building for $7M; Hansji Urban to Start $80M Marriott Project

Younan Buys Class A Office Building for $7M; Hansji Urban to Start $80M Marriott Project

In a $7,1 million deal, Woodland Hills, California-based Younan Properties Inc. has acquired Black Canyon Corporate Center, a 94,203-square-foot office property in Phoenix, from REO Asset Manager, John Mitchell, of LNR Partners, as special servicer.…

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TDI Starts 332-Unit Luxury M-F Project at One Scottsdale

TDI Starts 332-Unit Luxury M-F Project at One Scottsdale

Irving-Texas – based TDI Real Estate Holdings LLC, a leader in the development of Class A multi-family housing, has broken ground on Jefferson on Legacy, a 322-unit luxury apartment community within the One Scottsdale mixed-use development.…

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P. B. Bell Closes on Sites of Luxury M-F Projects in Phoenix, Scottsdale

P. B. Bell Closes on Sites of Luxury M-F Projects in Phoenix, Scottsdale

The P. B. Bell Companies, a locally owned and operated real estate management and development firm, has announced plans to develop a 244-unit luxury multi-family community in the Valley.…

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Phoenix Apartment Market Podcast

Phoenix Apartment Market Podcast

Pierce Eislen's Ron Brock Sr. and MHN's research editor Jack Kern discuss Phoenix apartment market fundamentals in this edition of our market research podcast. …

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Whitestone REIT Buys N. Scottsdale Community Center for $37M

Whitestone REIT Buys N. Scottsdale Community Center for $37M

In a $37.4 million deal, Whitestone REIT acquired Market Street at DC Ranch, a 241,280-square-foot mixed-use neighborhood center in North Scottsdale, from DMB.…

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Liberty Property Trust Breaks Ground on 1 MSF Tempe Business Park

Liberty Property Trust Breaks Ground on 1 MSF Tempe Business Park

Liberty Property Trust broke ground on Building One, the first of up to 11 planned buildings at Liberty Center at Rio Salado, a sustainable mixed-use business park under development in Tempe.…

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Freeport-McMoRan Center Receives TOBY Award; MIG Picks Up Class A Office Building

Freeport-McMoRan Center Receives TOBY Award; MIG Picks Up Class A Office Building

Freeport-McMoRan Center, a 26-story mixed-use building in the heart of downtown Phoenix managed by Transwestern, received The Outstanding Building of the Year (TOBY) Award for 2013 from the Building Owners and Managers Association (BOMA), Greater Phoenix chapter.…

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Mark-Taylor Breaks Ground on Gilbert M-F Community; Crescent Kicks Off $61M M-F Project in Scottsdale

Mark-Taylor Breaks Ground on Gilbert M-F Community; Crescent Kicks Off $61M M-F Project in Scottsdale

Mark-Taylor, Inc. recently broke ground on San Privada, a 296-unit luxury rental community in Gilbert.…

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