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High-net-worth investors (HNWI) have been a highly sought-after buyer group in recent years. Brokers moving properties have attempted to reach them. Non-traded REIT executives have marketed their shares to them. And crowdfunding groups have looked to woo them…»
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Popular breakfast and brunch spot Snooze an A.M Eatery will open its next location in downtown Phoenix. The Denver-based eatery’s sixth Phoenix restaurant will open in a 4,000-square-foot space at the Stewart, a new mixed-use development at 800 N. Central Ave. in downtown Phoenix…»
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Parallel Capital Partners, Inc., a San Diego-based real estate investment firm, recently announced the sale of Phoenix’s Kierland Corporate Center to Ascentris, a Denver-based real estate private equity firm, for $25 million. The Class A complex, situated at 7033 E Greenway Parkway in Scottsdale…»
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Apartment behemoth Greystar has added three more Phoenix fixer-uppers to its portfolio. The Charleston, South Carolina-based owner and operator paid $149 million, or about $176,000 per unit, for an 845-apartment portfolio in the Phoenix suburbs, said market players…»
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The financial services sector is flourishing in Phoenix. According to the new Financial Services Operations Center Report from JLL, the financial services sector has accounted for 30% of the total office market leasing in the last 24 months with a total of 88 lease transactions. “Phoenix has always been known as a good financial services market…»
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