Monthly Archives: July 2013

PHOENIX, AZ - July 23, 2013 - (RealEstateRama) -- Over the past three years, the Phoenix industrial market has confi dently climbed its way back to recovery and historical norms in spite of hitting a bump or two. The march has been impressive as the economy began to add jobs favoring industrial users. As larger product became scarce, build-to-suit and then speculative projects took shape. Quarter after quarter, the industrial sector posted gains in most measurements. This quarter, however, leasing activity has hit its lowest level since Q1 2009 and rental rates have remained fl at for over a year

Torrance, CA - July 22, 2013 - (RealEstateRama) -- BH Properties LLC, a Los Angeles-based commercial real estate investment firm that has a penchant for working through difficult transactions, time-sensitive closing factors and an expertise in repositioning real estate, has acquired Vista Ventana, a 275-unit multifamily property at 3221 W. El Camino Drive

PHOENIX, AZ - July 17, 2013 - (RealEstateRama) -- There is new optimism in the offi ce market as the sector is exhibiting positive vacancy, absorption, rental rates and sales velocity. Offi ce had been the slowest commercial sector to recover and is fi nally showing signs of accelerated growth

TUCSON - July 12, 2013 - (RealEstateRama) -- U.S. Rep. Ron Barber today welcomed an announcement that homeless and at-risk veterans and their families will benefit from nearly $3.3 million in grants awarded to three Tucson organizations by the U.S. Department of Veterans Affairs.

PHOENIX, AZ - July 11, 2013 - (RealEstateRama) -- Two separate shopping center transactions have sold for a combined $27.4 million. Anthem Marketplace, a 113,293 SF Safeway Food and Drug anchored neighborhood shopping center located in the prestigious master planned community of Anthem in north Phoenix was sold for $23.3 million. Price per square foot was calculated at $205.66.

WASHINGTON, D.C. - July 1, 2013 - (RealEstateRama) -- Rep. Raúl M. Grijalva today introduced the Right to Rent Act of 2013 (H.R. 2580), an updated version of a bill he originally introduced in 2009 to allow families facing foreclosure to remain in their homes as renters by paying fair market value each month

EUGENE, OR - July 1, 2013 - (RealEstateRama) -- Arizona Regional MLS (ARMLS) listings just became easier to search online, thanks to the IDX solution created by IDX, Inc. and supported by Realtor Anna Kruchten. With the unique approach Kruchten brings to the Phoenix, Arizona real estate market, it is no wonder he has chosen to employ such a revolutionary IDX solution. Thousands of ARMLS now synchronize to Kruchten’s website automatically, letting his clients and other Phoenix property seekers experience a comprehensive online search process. IDX Broker software has forever changed the way Kruchten conducts business online, by giving potential buyers an efficient online property search resource

EUGENE, OR - July 1, 2013 - (RealEstateRama) -- Realtor David Osborn of HomeSmart has opted to integrate the premier IDX technology, IDX Broker software, for his professional real estate website. Now, thousands of Arizona Regional MLS (ARMLS) listings are displayed conveniently on the search page that he hosts. Osborn has chosen an IDX solution for his website, and in the process he has changed the online real estate market for himself, his business and countless potential Mesa, Arizona buyers.