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JV Begins Construction on Mixed-Use Development in Tempe

Tempe, Ariz. — A joint venture between Opus Development Group LLC and Seventh Street Tempe AZ Manager LLC has begun construction on a mixed-use development located at the northwest corner of University Drive and Forest Avenue in Tempe.

…

  • January 3, 2017
  • Published in Arizona, Development, News

Orion Investment Arranges $2 Million Sale of Red Devil Center in Tempe

Tempe, Ariz. — Orion Investment Real Estate has arranged the $2 million sale of Red Devil Center, an 18,170-square-foot shopping center located near Arizona State University in Tempe.

…

  • July 15, 2016
  • Published in Arizona, Investment sales, News

ViaWest Group Acquires Retail Property in Tempe for $2 Million

Tempe, Ariz. — ViaWest Group has acquired a 68,000-square-foot retail site located in Tempe for $2 million.

…

  • July 14, 2016
  • Published in Arizona, Investment sales, News

CBRE Arranges $1.7 Million Sale of 3,288-Square-Foot Retail Property in Tempe

Tempe, Ariz. — CBRE has arranged the $1.7 million sale of a 3,288-square-foot, freestanding retail property located at 111 W. University Drive in Tempe.

…

  • June 8, 2016
  • Published in Arizona, Investment sales, News

Lee & Associates Arranges Sale of Two Arizona Shopping Centers for a Combined $16.4 Million

Glendale and Tempe, Ariz. — Lee & Associates has arranged the sale of two Arizona shopping centers for a combined $16.4 million.

…

  • November 12, 2015
  • Published in Arizona, Investment sales, News

Vestar and AEW Form Joint Venture to Acquire Tempe Marketplace for $367 Million

Tempe, Ariz. — Vestar and AEW Capital Management have partnered to acquire Tempe Marketplace, a 1.3 million-square-foot open-air retail center, for $367 million.

…

  • October 7, 2015
  • Published in Arizona, Investment sales, News

Catellus and Arizona State to Redevelop Athletic Facilities District

Tempe, Ariz. — Arizona State University (ASU) and Catellus Development Corp. will develop an urban community adjacent to ASU’s Tempe Campus.

…

  • June 26, 2015
  • Published in Arizona, Development, News

New Forever 21 Concept to Open at Tempe Marketplace

Tempe, Ariz. – F21 red, the newest retail concept by Forever 21, will soon open at Tempe Marketplace.

…

  • June 16, 2015
  • Published in Arizona, Development, News

Menin Acquires Target and US Bank Site in Tempe, Arizona

Tempe, Ariz. — The Target store is approximately 115,000 square feet and the US Bank is approximately 3,400 square feet.

…

  • February 16, 2015
  • Published in Arizona, Investment sales, News

Tempe’s Hayden Station Sells for $26.5 Million

Tempe, Ariz. – The multi-building development was sold by Tucson, Ariz.-based Holualoa Companies to Mill Avenue Office LLC, which is owned by YAM Properties’ Bob Parsons.

…

  • May 20, 2014
  • Published in Arizona, News
Older posts

Industry Content

NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

Read more

Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

Read more
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  • Bed Bath & Beyond Announces 87 Additional Store Closures
  • Levin Properties Receives $43.2 Million Refinancing for St. Georges Crossing in Central New Jersey
  • CVS Agrees to Acquire Oak Street Health in $10.6 Billion Deal
  • Grossman Development Group Purchases 261,672-Square-Foot Retail Center Near Boston
  • Hanley Investment Group Brokers $21.2 Million Sale of El Dorado Shopping Center in Long Beach, California

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