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Luxury Apartments Close in Off Market Transaction for $25M

Posted by   /  March 21, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) March 21, 2017 | Phoenix, AZ PHOENIX – Located in the midst of office and mixed use development, Mandarina Luxury Apartment Homes recently sold for $25,000,000 or $138,889 per unit ($175.73 per SF). Developed in 2002 by The GreyStone Group, Mandarina contains 180 units […]

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Over 600 People Attend Grand Opening at Iconic New Rosewood Grove

Posted by   /  March 12, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) Over 600 people attended the recent Model Home Grand Opening at Rosewood Homes’ new Rosewood Grove neighborhood in the Southeast Valley. This unique 53-home gated neighborhood of architecturally authentic homes provides privacy and views with most homes backing to landscaped open space. Rosewood Grove […]

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CableOne Gifts $100,000 for Hance Park Amphitheater

Posted by   /  March 10, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) PHOENIX (March 7, 2017) — Cable One, Inc. (“Cable ONE”) has provided a $100,000 donation to Hance Park Conservancy, whose mission it is to work with the City of Phoenix to activate and unite the community by promoting the creative use of public space […]

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CBRE Completes $10.55 Million Sale of Desert Canyon 200

Posted by   /  February 13, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) Phoenix – February 13, 2017 – CBRE has recently completed the sale of Desert Canyon 200, a 98,761 sq. ft. office space located at 2421 W. Peoria Avenue in Phoenix, Arizona. The buyer was G2 Capital, based in Scottsdale, Arizona. The seller was REEF […]

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HonorHealth Anchored Medical Complex Trades for $10.6M

Posted by   /  February 7, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) February 7, 2017 | Anthem, AZ ANTHEM – Located at the gateway entrance into Anthem, at the intersection of Anthem Way and Gavilan Peak Parkway, Anthem Medical Plaza closed for $10,600,000 ($212.65/SF). The multi-tenant medical complex is anchored by HonorHealth, a merger of two […]

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Phoenix Multifamily Market Closes 2016 With Slower Activity

Posted by   /  February 6, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) City Posts a Strong Year Overall And 2017 Promises More Than 7,000 New Apartments Phoenix, February 6, 2017 —– The Greater Phoenix real estate market for Multifamily properties posted a strong 2016, but activity slowed during the final quarter of the year.  Colliers International […]

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Colliers International in Greater Phoenix Sells Two Tucson Apartment Communities for A Total of $13+ Million

Posted by   /  January 31, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) Private Investors Seek Value-Add Opportunities in Tucson Tucson, January 30, 2017 —  Colliers International in Greater Phoenix has negotiated the sale of two Tucson apartment complexes in transactions totaling $13+ million.  The properties were purchased by private investors and are part of a trend […]

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The Quad Inks Two New Leases as Phase One Nears Completion

Posted by   /  January 31, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) Phoenix – January 24, 2017 – The Quad, a fourteen-building, 166,606-sq.-ft. office project in the heart of Scottsdale, Ariz., has two new companies to add to its tenant roster. The creative, class A property will soon be home to San Francisco-based Opendoor and Scottsdale-based […]

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46-Acre Mixed-Use Center in Peoria Sold for $34.45 Million

Posted by   /  January 23, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) Cushman & Wakefield Negotiates Sale of Park West PHOENIX, Jan. 23, 2016 – Cushman & Wakefield announced today that Park West, located at the northwest corner of Loop 101 and Northern Avenue in Peoria, Arizona, sold for $34.45 million to San Diego-based CIRE Investments, […]

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Greater Phoenix Office Market Improves Despite Slowing Job Growth

Posted by   /  January 23, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited unless they contain factual errors.) Vacancy Rate Dropped to Lowest Rate Since 2008 Phoenix, January 23, 2017 – The Greater Phoenix office real estate market finished 2016 with positive momentum, despite year-end reports of slowing job growth.  The market vacancy rate dropped to 16 percent, the lowest figure seen […]

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