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Hannay Realty Advisors Picks Up Bashford Courts in Prescott
The 33,000-square-foot Bashford Courts Atrium Mall at 130 W. Gurley St. in Prescott, AZ Hannay Realty Advisors , a privately-held, full service investment firm based in Phoenix, purchased a 33,000-square-foot retail building in Prescott, AZ from a...

Bee Joins Arizona Builders Alliance
Tim Bee joined Arizona Builders Alliance (ABA) as the next director for southern Arizona, succeeding Tom Dunn. Based in Tucson, Bee will be responsible for membership services, government advocacy, community/media relations, workforce outreach as...

TA Realty Acquires Fully Leased Warehouse Near Phoenix
The 50,346-square-foot warehouse at 455 E. Warner Rd. in Chandler, AZ Boston-based TA Realty, a full-service private investment firm, purchased a 50,346-square-foot warehouse at the Warner Commerce Park in Chandler, AZ from Del Mar Partnerships. Building...

TA Realty Pays $23.5M for Tempe Distribution Center
The 99,018-square-foot Building 2 at Tempe Distribution Center in Tempe, AZ Boston-based TA Realty, a full-service private investment firm, purchased two industrial buildings totaling 248,773 square feet in Tempe, AZ from Stockbridge Capital Group...

Western Wealth Capital Pays $16.5M for Connect at Union
The 146-unit Connect at Union apartment complex at 2311 E. Union Hills Dr. in Phoenix Western Wealth Capital (WWC), a local growth-oriented investment company, purchased a 146-unit apartment complex in Phoenix from Portland, OR-based Bean Investment...

Phoenix Multifamily Prices Are Skyrocketing in 2018
Multifamily investment in Phoenix has never been hotter. With $3 billion worth of assets trading hands in the first half of 2018, this year’s annual sales volume is on pace to shatter the all-time high set in 2016. Fervent investor demand for Phoenix...

Graycor Tapped to Build Prologis I-17 Logistics Center - Phase I in Phoenix
Aerial of the site that will house the new Prologis I-17 Logistics Center - Phase I in PhoenixCredit: Graycor Prologis, Inc. tapped Graycor Construction Co. to build the first phase of Prologis I-17 Logistics Center, a new project comprising four...

Canadian Investment Company Picks Up 246-Room Hotel Near Phoenix
The 246-room Holiday Inn & Suites at 1600 S. Country Club Dr. in Mesa, AZCredit: Colliers International Manitoba, Canada-based AP2 Developments, an investment, development and hospitality management company, purchased a 246-room hotel in Mesa, AZ from...

Simone Charitable Foundation Pays $23M for Tempe Office Bldg.
The 114,054-square-foot Warner Courtyards office building at 301 W. Warner Rd. in Tempe, AZ Simone Charitable Foundation purchased a 114,054-square-foot office building in Tempe, AZ from Hannay Realty Advisors. Warner Courtyards sold for $23 million...

Thomas Pride International, Ecohaus Acquire 93-Unit Multifamily Complex in Phoenix
The 93-unit Phoenician Villa Apts. at 1545 W. Camelback Rd. in Phoenix Thomas Pride International and Ecohaus Real Estate, a development and redevelopment company that focuses on the creation and renovation of urban infill sustainable communities,...

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