Microsoft co-founder Paul Allen’s Vulcan Inc. Acquires Tempe Gateway

By Adam Lyons in : News // Jun 18 2010

TEMPE, AZ-Vulcan Real Estate has made its first investment outside of the Seattle market, paying $35 million for Tempe Gateway, a class A office building.

The company, which is the real estate investment arm of Microsoft co-founder Paul …(continued)…

Go Daddy acquires Scottsdale Technology Center at $81.45 p/f

By Adam Lyons in : News // Jun 17 2010

Scottsdale – GoDaddy.com Inc. in Scottsdale (Bob Parsons, principal) paid $12.5 million ($81.45 per foot) to buy a 153,469-square-foot office project at the northeast corner of Hayden Road and Acoma Drive in Scottsdale. The seller was a …(continued)…

Half of Arizona’s banks are ripe for opportunity

By Champion in : News // Jun 14 2010

This is an updated list from Weiss Ratings on failing Arizona banks…(continued)…

Phoenix foreclosure filings at lowest levels in almost 2 years

By Adam Lyons in : News // Jun 9 2010

The number of new foreclosure filings against Phoenix-area homeowners fell in May to the lowest level since July 2008.

Last month, there were 6,471 pre-foreclosures, or notice of trustee sales, filed in metro Phoenix, according to the Information Market.

Foreclosures also dropped …(continued)…