Real Estate Blog

Deloitte is doubling its footprint in Gilbert and preparing to hire 900 more people.

The global business consulting group announced last year that it was leasing 100,000 square feet at the Commons at Rivulon and planned to hire 2,500 people to create a tech center, which is responsible for developing specialized software for Deloitte customers.

Deloitte moved into the first building at the Commons at Rivulon at the end of 2018, and will occupy its second 100,000-square-foot building in early 2020,…

Michael Lundy shares some additional details on the redevelopment of Southtown.

San Diego Padres infielder Manuel A. Machado Jr., a former All-Star and Gold Glove winner, and wife Yainee Machado paid $11.3 million for a waterfront mansion in Coral Gables.

The 8,305-square-foot home at 20 Tahiti Beach Island Road was sold by Dr. James Margolis and Marja Paulina Margolis. U.S. Bank provided a $7.35 million mortgage to the buyers.

Chad Carroll of Douglas Elliman represented the sellers while Yvette Rivero Rockway Realty represented the buyer.
 The price equated to $1,360 per…

Atlanta-based JMG Realty through an affiliate has closed on the $32.5 million purchase of Florida Club at Deerwood, a Gate Parkway apartment complex built in 2008.

The property is located at 4813 Florida Club Circle and was last purchased in 2015 for $24.7 million.

After some tough comments from the Design Commission a month ago, developers of The Travis tweaked the design of the high-rise and are now one step closer to building 1.2 million square feet of apartments, condos and hotel rooms.

Each week on page 3 of our weekly edition we wrap up some of the news, talk and speculation floating around town. Here's what caught our eyes this week.

LISA SU RECOGNIZED ALONGSIDE GINNI ROMETTY, SHERYL SANDBERG

Fortune magazine has named Advanced Micro Devices Inc. CEO Lisa Su one of the world's most powerful women. She is ranked No. 44 on the the magazines's 22nd annual list. Fortune described Su's work at AMD as “paying off” — revenue climbed 23% last year to $6.5 billion, despite a…

More than 2,400 homes were built in Sacramento last year. That’s more than any California city north of Los Angeles, according to the California Department of Finance. Roseville was close behind. This robust new home market is about to experience a culture change.

New homes permitted after Jan. 1, 2020, must have solar energy systems installed on them during the construction phase. This mandate has some impact on architects, who need to design solar-friendly roofs that meet the new code, but it…

Two-time All-Star shortstop Jean Segura was traded to the Philadelphia Phillies last December, ending his two-year stint with the Seattle Mariners.

Segura, who joined Seattle in 2017, recently put out out the for sale sign on his 6,394-square-foot home in Bellevue’s Lochleven neighborhood, listing it for $5 million.

Windermere Brokers Karl Lindor and John Kritsonis have the listing.

Nestled in a park-like setting under on a half-acre lot at 102 96th Ave NE, the home was new when Segura moved…

With two sales totaling about $44 million, multifamily property investor JCM Partners appears to have left the Sacramento market.

The acquisition by the Atlanta company includes a Phoenix portfolio of apartment properties valued at $450 million, as well as other properties in Arizona and Texas.