News


Deals of the week: 2 Phoenix apartment complexes sold for nearly $70 million

Phoenix Business Journal

Monterra Apartment Homes, a 258-unit apartment complex near 24th Street and Loop 202 in Phoenix, sold for $37.2 million.

Steve Gebing and Cliff David of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller, Weidner Apartment Homes in the sale.

“Drawn to the area by…Read More »


Phoenix luxury housing market sees more sales, higher prices in 2018

Phoenix Business Journal

If it seemed like home prices were rising on the luxury side, they were, as more homes were finding buyers with prices of $3 million and up. Experts spoke to Phoenix Business Journal about the latest luxury home-buying trends heading into 2019.

Source: Residential News

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Arizona execs named among most influential nationwide in residential real estate

Phoenix Business Journal

Five Arizonans made the Swanepoel Power 200 list for 2019.

Source: Residential News

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Executive Inc.: Mike Stafford finds room to grow in Valley construction industry (Video)

Phoenix Business Journal

Mike Stafford doesn’t like to get stuck in a lane, whether he’s working at his construction company or thinking of a new exotic destination for a family vacation. He says it’s all about keeping a fresh perspective as a business leader or a parent.

Source: Commercial News

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Sun City office building sells for $2.2M

Phoenix Business Journal

The building was acquired by a California company as part of a 1031 exchange.

Source: Commercial News

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Here are Opendoor's most popular homebuying ZIP codes in metro Phoenix

Phoenix Business Journal

Most of the cities that made the list are in the West Valley.

Source: Residential News

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Block 23 set to elevate downtown Phoenix

Phoenix Business Journal

With the looming arrival of the urban core’s first supermarket, downtown Phoenix reaches a turning point in its decade-long renewal.

Source: Commercial News

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Sam Fox to be first restaurant tenant at Block 23 in downtown Phoenix

Phoenix Business Journal

Sam Fox is coming back to downtown Phoenix.

The prominent restaurateur and CEO of Fox Restaurant Concepts will open a location of his popular Blanco Tacos & Tequila brand in the upcoming Block 23 development. This is the first restaurant to be announced for the high-profile project.

“This will be…Read More »


Making a day at the office like a walk in the park

Phoenix Business Journal

Companies increasingly are inviting employees to step outside, as developers and owners of urban office buildings are adding terraces and transforming once-barren rooftops into parklike settings, where workers can plant vegetables, unfurl yoga mats or swing in a hammock.

Source: Commercial News

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37,000-acre master-planned community in far West Valley moves forward

Phoenix Business Journal

Backed by Arizona sports icon Jerry Colangelo, the proposed community is projected to house 300,000 people and 60 million square feet of commercial and retail space.

Source: Residential News

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