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Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±4.66 net acre multifamily development site located in the highly desirable North Scottsdale area. The site is located on 90th Street, east of the Loop 101 Freeway between Raintree Drive and Frank Lloyd Wright Boulevard and consists of ±202,946 square feet of developable land.

Known as the "West’s Most Western Town", Scottsdale is a combination of cowboy culture and haute couture. Home to Arizona’s finest shopping and dining, Scottsdale offers hiking trails, award winning resorts and acclaimed art galleries for its residents that enjoy a quality of life like no other. Capturing the national spotlight, Scottsdale showcases an eclectic mix of sport and cultural events that draw thousands of spectators annually. Scottsdale boasts first-rate resorts, world-class events, sophisticated arts, lively nightlife, diverse shopping and epicurean feasts and is known for its refined spas, upscale wine bars and shopping plazas with luxury boutiques.

With its affluent population and large employment base, Scottsdale maintains a competitive edge in attracting new retailers, company headquarters, technology and biomedical industry leaders. The city enjoys the largest concentration of Class A Office space in the region. It has a highly developed workforce, enviable business infrastructure and transportation links, including a world-class executive airport. All of these factors combined create a thriving location for business that is attractive to employees and employers. The diverse economy is based on medical research, high-tech innovation, tourism and corporate headquarters. Scottsdale is home to nearly 18,000 businesses, over 150,000 jobs and more than 20% are Arizona corporate headquarters.

90th St & Raintree Drive
4.66 Acres
N/NWC 90th Street & Raintree Drive
Scottsdale, AZ  85260
Type: Land
Posted: 1/15/2019


Cushman & Wakefield is pleased to offer TATUM PLACE, a 164-unit Class "B" apartment community located east of the southeast corner of Tatum Boulevard and Bell Road on 49th Street in Northeast Phoenix, Arizona. This location offers residents easy access to the State Route 51 and Loop 101 freeways, providing immediate access to employment and "world-class" entertainment, shopping and dining venues in Scottsdale and Northeast Phoenix.

Tatum Place offers residents two swimming pools (one an Olympic style lap pool), sun decks, a brand new fitness center, poolside clubhouse, barbecue grills and picnic area, fire pit, attractive landscaping, gated access and covered parking. Interior amenities include washers/dryers, ceiling fans, contemporary window coverings, wood cabinetry, microwaves, double stainless steel kitchen sinks, 9-foot ceilings, cultured marble vanity countertops, patios/balconies with outside storage. Select units include skylights, vaulted ceilings, accent walls, wood-style flooring, pantries, stainless steel appliances, granite countertops and walk-in closets.

Approximately 25% of the unit interiors have been recently upgraded while most of the property exterior and common areas have been upgraded. However, there is still significant opportunity to add value by completing interior renovations to the remaining "untouched" units while at the same time adding finishing touches to the already renovated units that will allow for even further growth in the market rental rates.

Tatum Place
164 Units
16801 North 49th Street
Scottsdale, AZ  85254
Type: Conventional
Posted: 11/5/2018

Cushman & Wakefield is pleased to offer BROADSTONE ROOSEVELT ROW: A brand new 316-unit, Class "A" luxury rental community centrally located in the heart of Downtown Phoenix, Arizona in the iconic Roosevelt Row Arts District - one of the most popular neighborhoods not only in Phoenix, but in the nation. This very walkable community is just steps away from art galleries, restaurants, retail shops, bars and entertainment venues forming the Phoenix area’s only true urban, walkable neighborhood. Broadstone Roosevelt Row features a mix of spacious studio, one, two and three bedroom floor plans as well as superior amenities. Broadstone Roosevelt Row’s location is the gateway to and from Downtown Phoenix and provides residents access to all the Roosevelt Row and Downtown Phoenix has to offer, all located literally just steps away. The property’s location is less than a half-mile away from the I-10 freeway and only a 7-minute walk to the light rail station at Roosevelt Street and Central Avenue.

Residents can take advantage of Broadstone Roosevelt Row’s two-story clubhouse with upscale chef’s kitchen, classic arcades and billiard games, pool and spa with five private cabanas, swim house featuring a complimentary coffee bar, oversized TV and billiard games, rooftop deck with fire pits, three landscaped outdoor patios with lounge seating, fire pits and barbecue grills, climate controlled interior corridors, direct access parking garage, resident bike storage, interior resident storage units, smartphone resident access system, Butterfly MX video intercom system, WiFi in gathering spaces, water features, resident beach cruisers and on-site restaurant and retail.

The extensive amenities offered residents are matched by the high level interior finishes provided in each individual residence. Broadstone Roosevelt Row’s floor plans feature gourmet kitchens with gas cooktops, energy efficient GE stainless-steel appliances, modern cabinetry with brushed nickel pulls, quartz countertops, wood style flooring, tile backsplash in kitchens and baths, USB charging outlets, Nest learning thermostats and front-load washers/dryers. Select units feature soaring 19-foot ceilings, DuChateau hardwood flooring, pendant lighting, en-suite bathrooms with dual vanities, walk-in closets, Sonos sound system, wine refrigerators and personal balconies/patios.

Broadstone Roosevelt Row
316 Units
330 East Roosevelt Street
Phoenix, AZ  85004
Type: Conventional
Posted: 10/4/2018

Cushman & Wakefield is pleased to offer LAKESIDE DRIVE A BROADSTONE COMMUNITY: A brand new 150-unit Class "A" luxury rental community centrally located near the heart of Downtown Tempe, Arizona, just steps away from Tempe Town Lake, the Tempe Center for the Arts, and popular Mill Avenue eateries and bars. Lakeside Drive A Broadstone Community features a mix of spacious studio, one, two and three bedroom (penthouse) floor plans and superior amenities. Lakeside Drive’s location near Rio Salado Parkway and Mill Avenue provides easy access to Arizona State University and other top-rated schools, medical centers, Tempe Beach Park, movie theaters, major employers and office parks, and many shopping and dining options. The property’s location is 1 mile away from the Loop 202 freeway and only a half-mile away from the light rail station at Mill Avenue and 3rd Street.

Residents can take advantage of Lakeside Drive’s resort-style swimming pool and spa, poolside cabanas, pool house with air-conditioned social area, outdoor firepits and entertainment pavilion, gourmet grilling stations, rooftop lounge with panoramic city and water views, clubroom with gourmet kitchen, complimentary coffee bar, two-story state-of-the art fitness center, climate controlled interior corridors, interior resident storage units, TransitScreen display, gated community with smartphone resident access, garage parking, WiFi in common areas and complimentary resident beach cruisers. Lakeside Drive A Broadstone Community features the Phoenix area’s first co-working space offered in a multifamily community, which allows residents to truly work from the comfort of their own home.

The extensive amenities offered residents are matched by high level interior finishes provided in each individual residence. Lakeside Drive’s floor plans feature wood-style flooring, walk-in closets, gourmet kitchens with gas cooktops, Energy Star appliances, granite countertops and modern tile backsplashes, European-style cabinets with brushed aluminum pulls, USB charging outlets, Nest thermostats and front-load washer/dryers. Select units include 19-foot ceilings, en-suite bathrooms with dual vanities and wine refrigerators.

Lakeside Drive A Broadstone Community
150 Units
500 West 1st Street
Tempe, AZ  85281
Type: Conventional
Posted: 10/4/2018

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±8.2 net acre multifamily development site located on a major intersection in Phoenix’s rapidly transforming Central Corridor. This rare, hard-corner site is located along the Valley Metro Light Rail, with a station adjacent to the property at the corner of Central Avenue and Indian School Road. Phoenix’s urban revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. In addition to the Light Rail, the area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University’s 15,000-student downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions in the Central Corridor.

The opportunity consists of four (4) parcels with a combined total of ±356,905 square feet of developable land on the northwest corner of Central Avenue and Indian School Road. This transit oriented development site is bound by three streets.

NWC Central & Indian School Development Site
8.2 Acres
Central Avenue & Indian School Road
Phoenix, AZ
Type: Land
Posted: 8/31/2018

Cushman & Wakefield is pleased to present a unique opportunity to obtain a long-term, prepaid ground lease for a ±1.0 net acre, high density multifamily development site within Arizona State University’s Novus Innovation Corridor. This rare opportunity is for Parcel 3F located on the southwest corner of 6th Street and Packard Drive, immediately north of the University Avenue Light Rail Transit Station.

Novus Innovation Corridor is a 350-acre master planned, mixed use development planned for approximately 10 million square feet along Tempe Town Lake, including State Farm's 2.1-million-square-foot Marina Heights regional office. Strategically integrated with Arizona State University (ASU), wholly on university-owned land, Novus is managed by master developer Catellus, a national leader in the development of urban mixed-use communities.

Novus is a unique opportunity to develop the 21st century urban community on an infill canvas in the center of one of the nation's largest and fastest growing metropolitan areas. The development will include a variety of urban neighborhoods that feature office, retail, hospitality and residential activities, creating the potential to bring more than 30,000 new jobs and 5,000 new residents to the thriving Tempe community.

Tempe, one of the Phoenix area’s most dynamic environments, features a large, educated workforce of over 200,000 people, a diverse mix of major employers including State Farm Insurance, First Solar, Amazon, Microsoft, ZipRecruiter, Chase Bank, Edward Jones, Medtronic and Wells Fargo among others. In addition, Tempe offers major events at venues such asvASU Gammage, Tempe Town Lake, Tempe Center for the Arts and at the various ASU athletic facilities. Tempe is also recognized as being the most bikable and walkable community in the Phoenix area.

Parcel 3F - Novus Innovation Corridor
1 Acres
NWC 6th Street & Packard Drive
Tempe, AZ
Type: Land
Posted: 9/23/2018