Phoenix & Southwest Commercial Real Estate News

Seefried and Crow Form JV for 101 at Van Buren Development

Phoenix & Southwest + Phoenix + Industrial | October 19, 2021

Distribution Facility’s Long-Term Credit Tenancy, Location Key in Maximizing Value

Phoenix & Southwest + Southwest + Industrial | October 18, 2021

Rise48 Equity Acquires $101M of Phoenix Multifamily in One Week

Phoenix & Southwest + Phoenix + Apartments | October 19, 2021

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Latest New Mexico Stories

Off-Market Purchase Partially Plugs Hole in Albuquerque Housing

Phoenix & Southwest + New Mexico + Apartments | May 13, 2021

Newport Beach-based RanchHarbor and Los Angeles-based Westgrove Partners recently acquired a two-property multifamily portfolio in Albuquerque in a joint venture partnership. The JV purchased the portfolio off-market, substantially below replacement cost and at an attractive basis. The assets, Candlewood Village and Candelaria Heights, which have since been rebranded to The Grove and The Heights at …

Bonelli’s Relocation Follows Acquisition by Pella Corporation

Phoenix & Southwest + New Mexico + Industrial | May 4, 2021

Bonelli Doors + Windows recently relocated its manufacturing headquarters to Mesa. The move follows the acquisition of Bonelli by Pella Corporation as part of the Luxury Division of Brands back in 2018. With the relocation process, the door and window designer and manufacturer created 35 new jobs at the new 50,000-square-foot facility at Landing 202 …

Latest Arizona Stories

The Alexander is the First Midrise in a Sea of Garden Communities

Phoenix & Southwest + Arizona + Apartments | October 14, 2021

Construction is underway for The Alexander, a new 209-unit four-story multifamily community that emphasizes technology and wellness. The $49 million asset at 3915 W. Aerie Dr. in Marana, AZ will be the first midrise project in a market that is primarily made up of garden-style walkup communities. When The Alexander is completed in June 2023, …

First Sprouts in Pinal County Opens in Maricopa

Phoenix & Southwest + Arizona + Retail | September 29, 2021

A 23,000-square-foot Sprouts Farmers Market store was recently completed in Maricopa, AZ. While the newly constructed store is the brand’s 356th in the country, it is the first Sprouts in Maricopa and the only one in Pinal County, according to Rick Redpath, managing director of Nadel Architecture + Planning. “This was an extremely successful and …

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