Groom Creek

Groom Creek, AZ · Real Estate
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Global Investor Acquires 460,000 SF of Industrial Space near Sky Harbor
Oxford Properties Group, a global real estate investor, developer and manager, announced that it has acquired a high-quality six-property, 460,000 sq. ft. light industrial portfolio situated within the Tempe and Airport submarkets of Phoenix, AZ. With this transaction, Oxford further scales its footprint in Phoenix up to 15 assets and approximately 1.2 million sq. ft., reflecting its deep conviction in the region and its long-term supply and demand fundamentals.
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Buyers remain scarce in Valley’s housing market
Homebuyers across the Valley have more houses to choose from, greater negotiating power and, in some cases, lower prices than they faced a year or two ago. But one thing the increasingly buyer-friendly market hasn't produced is a significant increase in sales. The latest figures from the Cromford Report, a...
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$78.5M Construction Take-Out Financing Arranged for Tempe Multifamily Community
JLL Capital Markets announced that it has arranged $78.5 million in construction take-out financing for The Alyssa, a 335-unit Class A multifamily community in Tempe, Arizona. JLL worked on behalf of the borrower, CrossHarbor Capital Partners, to secure the loan from Corten Real Estate through its senior credit platform. Delivered...