Scottsdale development site sold for $6.65M

 JLL Capital Markets announced today that it has closed the $6.65 million sale of 16640 North Scottsdale Rd., a nearly two-acre land site purchased primarily for land value that currently houses a 15,000-square-foot retail center at the coveted intersection at Frank Lloyd Wright and Scottsdale Road in Scottsdale, Arizona. JLL marketed the property on behalf … Read more

Scottsdale developer eyes great multifamily development equalizer

By Terrance Thornton Twitter: @NVNEWSMAN (June 2020) In the grand scheme of things, affordable housing — typically envisioned as multifamily layered development including single-family detached and attached dwellings — is a fair and balanced way to describe Phoenix metropolitan housing stock. However, as Maricopa County continues to rapidly grow local economists see a systemic need for more … Read more