Phoenix
NGKF Arranges $10M Scottsdale Office Park Sale
Managing Director Erik Marsh and Associate Nicole Iglehart represented both parties in the disposition of the nearly 65,000-square-foot Turnstone Office Park.
Nexus at ASU Research Park Changes Hands
The two-story, 123,864-square-foot property in Tempe was constructed in 1998 as a research and development facility. ViaWest converted the building to office use a couple of years ago.
Self-Storage Asset Changes Hands in Maricopa County
Marcus & Millichap closed on the sale of a 26,875-square-foot self-storage property comprising 250 units. Yardi Matrix data shows that the facility traded for $2.4 million.
Business Property Trust Sells 3 Self-Storage Facilities in Arizona
The facilities, totaling 1,111 units, traded for the combined purchase price of $8.6 million. All assets are well located within the Tempe Town Lake/Rio Salado district.
Virtua to Develop SpringHill Suites Hotel in Avondale
A Virtua Partners-sponsored hotel will break ground this November, with entitlements currently being processed though the City of Avondale. The 130-key room property is part of a 58-acre mixed-use project.
Westroc, Woodbine Open $100M Resort in Arizona
Mountain Shadows, the first new resort in Paradise Valley in eight years, features 183 guestrooms, 42 condominiums and suites, as well as a presidential suite facing Camelback Mountain.
HCW Breaks Ground on Arizona Hotel
The Residence Inn Hotel by Marriott offers 142 guestrooms.
Marriott Approves New Fairfield Inn & Suites in Phoenix
Hotel Equities will manage the 120-key hotel, which will rise in the City of Tolleson, Ariz.
Hotel Equities Lands Management Assignments in Phoenix
The company has been tapped to manage two upcoming Marriott hotels in Phoenix totaling 250 guestrooms.
Arizona Land Use Law Firm Promotes Partner to Owner
Adam Baugh has been with Withey Morris for more than a decade.