Snapshots: This Solar Firm's Headquarters Tracks the Sun The stone-and-concrete Papago Gateway Center in the Phoenix suburb of Tempe, Arizona, wasn't designed 13 years ago to be the headquarters for a major solar panel manufacturing company. Developer...» Construction Begins on … [Read more...] about Daily News – February 14, 2020
For Sale: Commercial Building Along Interstate-8
500 West Pima Street | Gila Bend, AZPrice: $300,000Property Type: Commercial BuildingsPrice Per SF: $114.81Building Size: +/- 2,613Year Built: 1952Land Area: +/- 19,327Zoning: R-1Parcel #: 403-08-061J/HDaily Traffic: +/- 16,000 VPDHoliday Traffic: +/- 40,000 VPD *Prominent Traffic Hub … [Read more...] about For Sale: Commercial Building Along Interstate-8
Daily News – February 13, 2020
Retail Landlords go Shopping for Bankrupt Chains Property executives are unlikely stewards of youthful clothing brands. But Forever 21 is to be subsumed by two of its largest landlords after retail specialists balked at the prospect of reviving the fortunes of the distressed … [Read more...] about Daily News – February 13, 2020
Daily News: February 12, 2020
Investors Still Willing to Pay Top Dollar for Multifamily Multifamily acquisition yields and price per unit have hovered at record lows for several years despite Treasury yields moving up and down by more than 150 basis points during that time. What does that mean for pricing? Yardi Matrix spells it … [Read more...] about Daily News: February 12, 2020
Daily News- February 11, 2020
Q4 Phoenix Office: Shrinking Vacancies, "Lofty" Absorptions Phoenix's office market in Q4 2019 showed a great deal of strength, with commercial real estate analysts pointing to positive metrics across vacancy, absorption, rent growth and construction. CBRE focused on strong demand and market … [Read more...] about Daily News- February 11, 2020
Daily News – February 10, 2020
Cousins, Hines Team Up on $153M Tempe Project Cousins Properties and Hines have started construction of 100 Mill, a Class A, 287,000-square-foot office development in downtown Tempe, Ariz. The project has an estimated development cost of approximately $153 million and a completion date scheduled for … [Read more...] about Daily News – February 10, 2020