Phoenix & Southwest Commercial Real Estate News

Kairos Seeks Out Off-Market Deals in Areas with Outsized Favorable Performance

Phoenix & Southwest + Southwest + Apartments | November 30, 2021

2233 Dunlap’s Purchase Price is a Fraction of Replication Cost

Phoenix & Southwest + Phoenix + Office | November 29, 2021

Three Tenants Ink Leases at Creative Office Complex LINK

Phoenix & Southwest + Phoenix + Office | November 30, 2021

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Three Tenants Ink Leases at Creative Office Complex LINK

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Latest New Mexico Stories

E-Commerce Momentum is Not Expected to Slow Down Anytime Soon

Phoenix & Southwest + New Mexico + Industrial | November 11, 2021

CA Industrial recently broke ground on the first phase of Luke Logistics Center in Glendale, AZ. The development is the product of a joint venture partnership between CA Industrial and DWS/RREFF. “The groundbreaking of the first phase of Luke Logistics Center marks the strategic expansion of CA’s presence in the Sunbelt, an increasingly attractive, dynamic …

CPP recently closed on six rural communities in Central New Mexico.

J.L. Gray Company Take Ownership of Six NM Properties

Phoenix & Southwest + New Mexico + Apartments | November 10, 2021

Community Preservation Partners (CPP) recently closed on six rural communities in Central New Mexico. This marks the final installment in a total grouping of 654 units in 20 properties across 10 counties in the state that began in 2019. CPP serves as the fee developer for J.L. Gray Company, who will own and operate the …

Latest Arizona Stories

Phoenix Growth Fuels Multifamily Demand for Five Assets

Phoenix & Southwest + Arizona + Finance | November 3, 2021

Combined financing of $24.2 million was recently obtained for five multifamily properties, a hotel and a retail property in Arizona. The transactions involve the 44 May multifamily property in Mesa, the Royal Meridian multifamily in Apache Junction, along with Sunset Ridge apartments, Gran Jardin multifamily property, the Mojave Apartments, a Motel 6 and the Alta …

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, …

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