Two office buildings sell for (Commercial real estate) record $173M (The Arizona Republic)

A high-end office complex near Scottsdale Fashion Square has sold for $172.7 million, or about $380 per square foot, in one of the most expensive commercial real-estate transactions in the Valley. Read More

Leading voices in the real estate industry say they hope that the arrival of spring will inspire a change in the glum perspective of owners, investors, and lenders on the state of the commercial real estate market. “The national economy is the strongest business and financial market the world has ever seen, and New York City is the nation’s strongest business and financial market,” a managing … Read More

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