by Bryan Watkins | Mar 22, 2023
Lookng for a new restaurant business opportunity? LRA Real Estate (LRA Commercial) is proud to present a new Buy or Lease opportunity to the commercial marketplace. This renovated restaurant property is For Sale or For Lease. The owner is currently operating Cafe...
by LRA Real Estate Group | Jul 7, 2018
An analysis on July 1, 2018 shows that LRA Real Estate maintains the Top Spot in commercial property listings along the light rail corridor. This is based on the # of commercial listings on the Costar database. This statistic shows the commitment of the real...
by LRA Real Estate Group | Mar 2, 2018
Mesa Royale has changed hands and this time for the better. A new investor is working to reinvest to help achieve Mesa’s goal of a renewed downtown.
by LRA Real Estate Group | Dec 12, 2017
Which Real Estate Company has the largest number of properties For Sale along the light rail corridor? LRA Real Estate Group retains the Top Broker position with almost 20% of the available commercial listings according to the Costar database, December 12,...
by LRA Real Estate Group | Oct 4, 2014
courtesy of the Arizona Republic USA Place will include an Omni Hotel and conference center along University Drive, office and retail space along Mill Avenue, with apartments and more retail and restaurant space in the interior of the project. The south end of the...
by LRA Real Estate Group | Aug 28, 2014
Hayley RingleReporter- Aug 28, 2014Phoenix Business Journal The Phoenix metro area has the most active leasing market and the second largest multi-tenant data center market in the country, according to a new report. CBRE’s Data Center Solutions Group’s quarterly,...
by LRA Real Estate Group | Aug 26, 2014
Aug 22, 2014, courtesy of Mike SunnucksSenior Reporter-Phoenix Business Journal Two real estate arms of the Church of Jesus Christ of Latter-day Saints have swapped ownership of land in the outer suburbs of Phoenix. Property Reserve Inc. has sold at least 16 parcels...
by LRA Real Estate Group | Dec 3, 2012
courtesy of NAR: Media Contact: Walter Molony / 202-383-1177 WASHINGTON (November 26, 2012) – Most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the relatively small amount of new space that is coming...
by LRA Real Estate Group | Dec 3, 2012
courtesy of the EVT, Saturday, December 1, 2012 Brightway Insurance announced this week it plans to open 68 stores in Arizona, including eight in Mesa. With the openings, nearly 700 jobs will be created, according to a news release. Brightway is a national independent...
by LRA Real Estate Group | Dec 3, 2012
Courtesy of Maria Polletta The Republic | azcentral.com Mon Dec 3, 2012 When the recession slammed the Valley in 2008, Chandler’s municipal airport was not spared. “The Airpark Area — a 9-square-mile employment corridor anchored by the airport — was hit hardest by the...
by LRA Real Estate Group | Apr 30, 2012
Courtesy of By Garin Groff, Tribune, April 6, 2012 Executives with the Gaylord Entertainment Co. have visited Mesa for the first time since they laid out plans in 2008 to build a 1,200-room resort and conference center. Mayor Scott Smith said the city invited Gaylord...
by LRA Real Estate Group | May 29, 2011
by Emily Gersema – May. 22, 2011 The Arizona Republic It’s been about a year since the first tenant opened in downtown development CityScape, and if all goes as planned, RED Development expects its 1.8 million-square-foot office and retail project to be...
by LRA Real Estate Group | May 22, 2011
Trendy spots thrive, but fall of neighborhood malls worries some 5 comments by J. Craig Anderson – May. 19, 2011 The Arizona Republic To the owners and operators of Phoenix-area employment and shopping centers, economic recovery is likely to appear not as a...
by LRA Real Estate Group | Apr 29, 2011
Emily Gersema – Apr. 27, 2011 The Arizona Republic The growing for-profit Phoenix School of Law is moving downtown this year into bigger digs at the Tower at One North Central near Washington Street, providing more potential customers for downtown businesses and...
by LRA Real Estate Group | Apr 5, 2011
April 05, 2011, 12:08 AM EDT By Hui-yong Yu April 5 (Bloomberg) — Office vacancies in the U.S. dropped for the first time in more than three years in the most recent quarter and rents climbed, signaling the market is beginning a recovery as the economy improves....
by LRA Real Estate Group | Feb 8, 2011
Phoenix Business Journal February 7, 2011 Weidner Apartment Homes, a major new player in the local multifamily market, has purchased a large apartment complex, the Peaks at Papago Park. Weidner paid $46 million for the 768-unit complex located at 815 N. 52nd St. in...
by LRA Real Estate Group | Feb 3, 2011
by Megan Neighbor – Feb. 3, 2011 The Arizona Republic In a strategic move by its new ownership group to get a fresh financial start, the Arizona Biltmore, one of Phoenix’s oldest and most iconic resorts, has gone into bankruptcy. The resort’s...
by LRA Real Estate Group | Feb 1, 2011
Search giant cites low use, proliferation of search sites By Inman News Inman News™ January 26, 2011 Search giant Google will no longer support real estate listings uploaded to its classifed listings site on Google Maps, the company announced today. Consumers will no...
by LRA Real Estate Group | Jan 25, 2011
Potential buyers look; ‘blind optimism’ gone by J. Craig Anderson – Jan. 23, 2011 The Phoenix-area commercial-real-estate market passed a significant milestone in the fourth quarter, but you won’t find evidence of it by looking at statistics....
by LRA Real Estate Group | Jan 25, 2011
Published January 25, 2011 | The Wall Street Journal ROSEVILLE, Calif.—Residential and commercial real-estate owners aren’t the only ones losing their properties to foreclosure. The past few years have seen a rapid acceleration in the number of churches losing...
