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Intersection, a California company that boasts its value-driven commercial real estate strategies, has acquired a 92,750-square-foot multi-tenant flex industrial property in Gilbert for $13.25 million.

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Diversified Partners has sold a multi-tenant retail building that includes a Starbucks and will include three more businesses at the southeast corner of McQueen and Guadalupe roads in Gilbert for just over $3 million.

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The Valley’s housing market appears to be becoming even more frustrating for homebuyers, judging by some of the recent reports by the leading analyst of home price trends in the Phoenix Metro region.