Property Listings

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±0.98 acre, high density multifamily development site in Phoenix’s rapidly transforming Downtown located in the Opportunity Zone.

Cushman & Wakefield has been exclusively retained by Shea Connelly Development, LLC to offer an investment opportunity in the development of Avenue of the Fountains Luxury Apartments (the “Property”), a 190-unit luxury multifamily development. It will be situated in the Phoenix suburb of Fountain Hills, located directly across from the Fountain Monument, the focal point of community gathering and celebration in Fountain Hills. Shea Connelly Development is seeking approximately $13.7M of JV Equity for the development of Avenue of the Fountains Luxury Apartments.

Cushman & Wakefield is pleased to offer for sale BROADSTONE PORTLAND, a premier 161-unit podium style Class A multi-family community located in the vibrant Roosevelt Row district of downtown Phoenix.  Completed in 2022, Broadstone Portland was developed by Alliance Residential, one of the Nation’s leading multi-family developers.  The Roosevelt Row district is widely regarded as the heartbeat of downtown Phoenix featuring restaurants, bars, entertainment venues and a lively street scene, and Broadstone Portland is located in the center of it all.   Broadstone Portland is located in the center of Downtown Phoenix in the iconic Roosevelt Row Arts District, one of the most popular neighborhoods in metropolitan Phoenix.  This very walkable community is steps away from art galleries, restaurants, retail shops, bars and entertainment venues forming the only true urban, walkable neighborhood in Phoenix.

Cushman & Wakefield is pleased to present a unique opportunity to obtain a ±4.10 net acre multifamily development site located at CityNorth within the Desert Ridge Master Plan, adjacent to High Street and Desert Ridge Marketplace, at the northwest corner of 56th Street and the 101 Freeway, in Phoenix, Arizona, known as CityNorth. CityNorth is currently walkable to over 50 restaurant concepts, and is planned to include over 2 million square feet of corporate office and 1,000 hotel rooms. Service completion at the infrastructure and start of the Sunela apartments, (The Phase 1 Multifamily development), multiple groups have committed projects-including (The Phase 2 Multifamily development), 3 restaurants, 2 hotels, Republic Services, 240,000 square foot headquartered with more in negotiations. Desert Ridge currently includes 20,000 existing homes, 3,000 additional homes under construction, 4,000 existing luxury multifamily units, 1,163 units currently under construction, resorts, restaurants and entertainment. Desert Ridge caters to over 1,317,898 daytime employees and 1,994,009 residents within a 30-minute drive time. The CityNorth office development will provide over 3,000 new jobs to the community.

Cushman & Wakefield Inc., as exclusive advisor, is pleased to present the opportunity to acquire the Novus Lakefront Mixed-Use Development Site (the “Development Site”), presenting a rare opportunity to develop five lake front parcels. With significant frontage on Tempe Town Lake, the Development Site is comprised of approximately 14 acres in the Novus Innovation Corridor at Arizona State University, and represents the largest undeveloped contiguous lake front site on Tempe Town Lake.

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±2.57 acre, high density multifamily development site in Phoenix’s rapidly transforming Downtown located in the Opportunity Zone. Located adjacent to Chase Field (Diamondbacks), Footprint Center (Suns), and minutes from the I-10 Freeway, this site is well positioned for luxury multifamily development. Phoenix’s urban revival has transformed Downtown into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. The area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University’s 12,200-student downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions in Downtown Phoenix. The opportunity consists of three distinct parcels with a combined total of ±2.57 acres of developable land with one parcel on the northwest corner of South 5th Street and East Lincoln Street, adjacent to two parcels on the northeast corner of South 5th Street and East Buchanan Street.

Cushman & Wakefield is pleased to present a unique opportunity to obtain a 99-year, prepaid ground lease for a ±2.36 gross / ±1.90 net acre multifamily development site within the Novus Innovation Corridor at Arizona State University. This opportunity is for Parcel 3G, located on the southeast corner of 6th Street and Rural Road, north of the University Drive/Rural Road light rail station. Parcel 3G is located within an Opportunity Zone.

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±3.24 acre multifamily development site located at the southwest corner of Rio Salado Parkway and Perry Lane in Tempe, across from Tempe Marketplace, a 1.3M square foot open-air shopping center with over 100 shops, restaurants and entertainment venues to choose from, including Barnes & Noble, Dave & Busters, Harkins Theatres, DSW, Michaels, PetSmart, RoadRunner Sports, Total Wine and Target, plus dining options such as Barrio Queen, King’s Fish House, Lucille’s Bar-B-Que, Portillo’s Red Robin, Genghis Grill, California Pizza Kitchen, Thirsty Lion and Twin Peaks. The Rio & Perry site is well positioned to take advantage of easy access to the nearby 101 and 202 freeways.