Monday, December 7, 2015

Phoenix's Christown Spectrum mall sells for $115 million

Christown Spectrum, Arizona's oldest mall, has sold for $115.2 million.

The central Phoenix shopping center was purchased by New York-based retail giant Kimco Realty, according to property records. The deal closed late Monday.

Read more... http://www.azcentral.com/story/money/real-estate/catherine-reagor/2015/12/01/phoenixs-christown-spectrum-mall-sells-115-million/76621358/

The mystery of metro Phoenix's stolen real estate 'for sale' signs

A few weeks ago, Phoenix real estate agent Bobby Lieb drove by a north Central house he's trying to sell and noticed his 'for sale' sign wasn't in the yard.

The next day he noticed another one of his signs was missing. Then another. And another.
Other agents began to call him asking if they could borrow signs because theirs had vanished, too.

Read more... http://www.azcentral.com/story/money/real-estate/catherine-reagor/2015/11/13/for-sale-signs-disappear-metro-phoenix/75608302/

Some tribal casinos wage bets on risky demographic: Millennials

Philip Smith remembers the sights, sounds and smells of the last time he went gambling.

"I was with my brother, and we were having a great time playing roulette and blackjack with all these different kinds of people," the 33-year-old Phoenix resident said. "It's actually really funny seeing the different types of personalities that come out when others play, especially when they are losing."

Read more... http://www.azcentral.com/story/news/local/scottsdale/2015/11/12/arizona-tribal-casinos-millennials-gambling/75659376/

Real Estate News