News


From the Editor: Keep tabs on 'martini factor' to measure downtown's progress

Phoenix Business Journal

Phoenix is a late-comer to the downtown revitalization game compared to other, more urban-focused metros. But with more full-time residents on the way, not to mention more upscale bars, city officials are optimistic about the future.

Source: Residential News

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State-owned office building in Phoenix fetches $9.75 million in sale

Phoenix Business Journal

The office was formerly used for a variety of state of Arizona offices.

Source: Commercial News

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Homebuilders scoop up the most vacant Phoenix-area land in July

Phoenix Business Journal

Notable transactions included Toll Brothers’ purchase of nearly 785 acres of land in Surprise for 2,207 planned single-family lots for $62.5 million.

Source: Commercial News

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Residential real estate brokerage expands northern Arizona footprint with acquisition

Phoenix Business Journal

The brokerage has been in growth mode for the past three years.

Source: Residential News

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Tax deferment fuels sales of Phoenix-area industrial, retail properties

Phoenix Business Journal

Four property sales that were part of 1031 exchanges recently closed.

Source: Commercial News

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Scottsdale buyer makes first Phoenix office purchase

Phoenix Business Journal

The Forum North 44 is a three-story office complex on 4.9 acres of land.

Source: Commercial News

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New York investor pays $311M for apartments in metro Phoenix

Phoenix Business Journal

The deal follows the same investor’s other Arizona investments from earlier this year.

Source: Residential News

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Scottsdale gallery building changes hands as part of Marshall Way revival

Phoenix Business Journal

Developer who acquired building already owns several other properties in the area.

Source: Commercial News

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Customers used to come for a loan. Now, they come for pizza.

Phoenix Business Journal

Banks have steadily pared branches during the past several years because of industry consolidation, efforts to curb operating costs and, most significantly, the growth of mobile and online banking. Former bank branches have been reincarnated as pizza parlors, fast-food outlets, health care sites, massage chains, educational institutions, churches…Read More »


Fifth phase for north Tempe office complex planned

Phoenix Business Journal

The addition will be part of the 60-acre mixed-use development east of Tempe Marketplace along Rio Salado Parkway.

Source: Commercial News

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