01/30/07
Filed under:
General,
Real Estate
Posted by:
Lillian Wong @ 10:04 pm
GLENDALE - Office tenants at Westgate City Center are starting to move into their new digs. More than 100 employees from Jobing.com Arena, the Phoenix Coyotes and the Arizona Sting relocated to their new office last month. The next wave should move sometime in late winter or early spring. More…
Filed under:
General,
Real Estate
Posted by:
Lillian Wong @ 10:00 pm
A $40 million building sale in downtown Phoenix has real estate insiders talking up the potential for rents climbing while the area awaits more office space to be built. The recently renovated One11 West Monroe building, which is only 47 percent occupied, sold this week for double the amount for which it sold 21 months ago. In the previous $20 million deal, the building also came with 2 acres of land. More…
Filed under:
General,
Real Estate
Posted by:
Lillian Wong @ 9:58 pm
Work could begin as early as March on two new hotels in a 43-acre development called 10-West Corporate Center in Avondale. Sunny Mobley, a consultant working with Parkland Developers, said the group plans six-story and four-story hotels at the site. More…
Filed under:
General,
Real Estate
Posted by:
Lillian Wong @ 9:54 pm
An 18-story office building in the heart of Phoenix’s Copper Square has sold for $40 million, changing hands for the second time in less than two years. CB Richard Ellis negotiated the sale of the 244,651-square-foot building, One11 West Monroe, near Second Avenue and Monroe Street. More…
Filed under:
General,
Real Estate
Posted by:
Lillian Wong @ 9:49 pm
Following a year of slumping sales, the Valley’s new home market is expected to stabilize in 2007 as builders continue to get rid of excess inventory. More…