Echo Real Estate Capital, Inc. recently acquired a fully entitled ±11.65-acre industrial development site at 132nd Avenue and Peoria Avenue in Surprise, Arizona, where it plans to build “Echo Park @ P132,” four new single-tenant industrial buildings totaling 182,610 square feet. Echo purchased the land for approximately $7.1 million in Phoenix’s expanding West Valley. The … [More]
603,000 SF Industrial Project Planned for Mesa
Martens Development Company recently acquired a shovel-ready site at the southwest corner of Ellsworth and Willis roads in Mesa, Arizona, for an industrial project. This sale of ±44 acres accounts for the first phase of the project and the second phase accounts for an additional ±17 acres. In the first phase, Martens plans to build a new, seven-building ±603,000-square-foot … [More]
Sundance Park Phase II Opens in Buckeye
Phase II was recently completed at Sundance Park, located at 22865 Lower Buckeye Rd., adding 38 acres to what is now 68 acres in total and features Buckeye’s first public fishing lake — 3.2 acres and 14 feet deep — which will be stocked with catfish, bluegill, bass and rainbow trout. “This project is a testament to Buckeye’s dedication to creating a vibrant, healthy … [More]
Greenlight Breaks Ground on Workforce Rental Housing in North Phoenix
Greenlight Communities, the trailblazing Scottsdale-based real-estate developer dedicated to constructing attainable workforce rental housing, recently broke ground on its 14th property, located at 33455 N. North Valley Parkway in Phoenix in the I-17 employment corridor and near the upcoming $40-billion TSMC facility and campus. The community, set to commence leasing in … [More]
Big Name-Brand Anchors Announced for Regional Shopping Center Development in Buckeye
Vestar, one of the leading privately held shopping center owners and managers in the United States, in partnership with DMB Associates, announced the notable line up of anchor tenants committed to Verrado Marketplace - marking a significant milestone in the project's progress. National retailers Target, Harkins BackLot, Safeway, Marshalls, Ross and HomeGoods will open their … [More]
Architectural Design of New Project Is Beacon of Innovation and Culture in Roosevelt Arts District
Architectural trailblazer, Lev Libeskind is redefining retail and residential spaces with his project, Manzana, which will elevate Phoenix’s Roosevelt Arts District. This project epitomizes architectural brilliance in an area celebrated for its cultural vibrancy. Spanning nearly 105,000 square-feet and rising 83 feet with eight stories, Manzana is a striking composition of 68 … [More]
IPA Closes and Finances $100M Apartment Building Sale in Tempe
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced the sale of , a 324-unit multifamily property in Tempe, Arizona. The asset traded for $100.25 million, or $309,414 per unit. IPA Capital Markets arranged $65.16 millionParc Broadway in acquisition financing. “Parc Broadway is the first mid-rise multifamily asset to be … [More]
Attainable Housing Co. Breaks Ground on New North Valley Community
The Boutique-Style Community is Positioned Near I-17 Employment Corridor and the New $40B TSMC Facility and Campus
Greenlight Communities, the trailblazing Scottsdale-based real-estate developer dedicated to constructing attainable workforce rental housing, marked a significant milestone with a special groundbreaking ceremony held recently for its 14th property located at 33455 N. North Valley Parkway in Phoenix. The community will be one of Greenlight’s smaller projects, offering a more … [More]
Abrazo Health Starts First Phase of Buckeye Campus
Abrazo Health announced today that will be breaking ground soon on the first phase of development for its new medical campus in Buckeye at I-10 and Verrado Way. The 27-acre campus will include medical offices, ambulatory services and an acute care hospital. The first phase will be a three-story, 60,000-square-foot medical office building. Tenants are slated to include … [More]
CRE Co. Expands in Scottsdale to Accommodate ‘Growth Spurt’
Diversified Partners, a real estate brokerage and development company, announces a significant expansion to accommodate its extensive project portfolio, marking a pivotal step in tandem with its upcoming relocation to a state-of-the-art headquarters in Scottsdale, Ariz. The company currently boasts an impressive portfolio of $400 million in active development projects across … [More]
