17-Story Denver Office Tower Trades for $3.6M Phoenix & Southwest + Denver + Office | September 1, 2026 JPI Adding 397 Apartments to City North Development Phoenix & Southwest + Phoenix + Apartments | August 31, 2026 Tucson Walmart Supercenter Opens September 2 Phoenix & Southwest + Arizona + Retail | September 1, 2026 FEATURED STORY Phoenix & Southwest CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More Phoenix & Southwest Stories More Stories Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest New Mexico Stories Albuquerque Developers Building 272 Affordable Housing Units Phoenix & Southwest + New Mexico + Apartments | June 16, 2026 An Albuquerque development team is spending $51 million on a two-phase multifamily housing project. The 128-unit project will be located at 724 64th St. NW. in the Atrisco neighborhood. The project is called “West Mesa Ridge A” and is the first phase of a two-phase development. Phase 2 of construction, with the remaining 144 units, … Revere Rescues $65M Los Alamos Rental Project Phoenix & Southwest + New Mexico + Apartments | April 10, 2026 Revere Capital completed The Hill, a $65 million, 149-unit Class A multifamily community in Los Alamos, New Mexico. The project reached completion after Revere assumed control during construction in 2025 and worked directly with Los Alamos County and the project’s general contractor to drive the development to a stabilized outcome. “The Hill reflects what we … Latest Arizona Stories Tucson Walmart Supercenter Opens September 2 Phoenix & Southwest + Arizona + Retail | September 1, 2026 Out with the old, in with the new. Walmart will celebrate the conversion of its East Wetmore Road store into a full-service Supercenter on Wednesday, Sept. 2,. The store will be about 180,000 square feet. The store at 455 E. Wetmore Road was Tucson’s last remaining Walmart general merchandise location. Following the conversion, customers can … Bourn Cos. Acquires Oro Valley’s Innovation Park for $21.2M Phoenix & Southwest + Arizona + Retail | August 27, 2026 Venture West Group has sold Innovation Park, a 333-acre master-planned business park in Oro Valley, to Bourn Cos. for $21.2 million. The transaction encompassed approximately 30 parcels within the Innovation Corporate Center Business Park. Robert Glaser, Richard Kleiner, Greg Furrier, Alexis Corona and Natalie Furrier of Cushman & Wakefield | PICOR represented the seller in … Connect Conferences: Panel Recap VideosWhether you couldn't make it or just want to revisit the insights, video recordings of all Connect Conferences panel sessions are now available to purchase and view. Hear directly from the industry's top leaders as they discuss trends, challenges, and opportunities shaping the future. Download the videos now!Connect Industrial Midwest 2026$59Watch VideoConnect Retail West 2025$59Watch VideoConnect New York Apartments Investment & Finance 2025$59Watch VideoView All Events Latest Phoenix Stories JPI Adding 397 Apartments to City North Development Phoenix & Southwest + Phoenix + Apartments | August 31, 2026 JPI is planning a 397-unit apartment complex at City North, the 100-acre master planned community near TSMC in North Phoenix. CityNorth is the fourth phase of multifamily at the mixed-use development. In addition to retail and office space, the master plan for the site contemplates a multi-phased development with eight multifamily buildings—a residential core with … IT Services Company Spending $45M on Mesa HQ Phoenix & Southwest + Phoenix + Industrial | August 28, 2026 The Mesa Planning & Zoning Board okayed ER2’s application for a new headquarters at the corner of McDowell and Greenfield roads. The IT services and technology equipment recycling company plans to invest approximately $45 million and nearly double its Valley footprint by building a 155,000-square-foot industrial headquarters on vacant land near Falcon Field Airport. ER2 … Latest Southwest Stories ALDI Reveals Westward Expansion Plans Phoenix & Southwest + Southwest + Retail | August 24, 2026 As ALDI enters its 50th year in the United States, the low-price grocer is doubling down on its nationwide expansion, announcing plans to open more than 180 stores by the end of 2026. ALDI is announcing expansion plans into the state of Colorado within the next five years, with more than 50 stores planned for … Lincoln, ACORE Converting Historic SLC Foundry Phoenix & Southwest + Southwest + Office | August 21, 2026 Lincoln Property Company and ACORE CAPITAL launched Foundry43, the new identity for the former Industry SLC historic structure. The property was created through the adaptive reuse of a distinctive industrial landmark in Salt Lake City. (photo courtesy Salt Lake Tribune) ACORE enlisted Lincoln to help stabilize and reposition this mixed-use development at the former steel … Latest Denver Stories 17-Story Denver Office Tower Trades for $3.6M Phoenix & Southwest + Denver + Office | September 1, 2026 A number of Denver office towers continue to suffer profitability issues. The 17-story tower, once known as Columbine Place, has been bought for $3.63 million. The Denver Business Journal reports building values in downtown Denver have dropped significantly since then. Adio Palace is the buyer. The building will also be called Adio Palace. The 149,222-square-foot skyscraper … Vintage Denver Office Building Hits the Market Phoenix & Southwest + Denver + Office | August 31, 2026 A Denver building, commonly known as “The Vault,” has been put up for sale. The 107,000-square-foot building, built in 1907, was occupied by the coworking company WeWork until it left the building five years ago. It’s now vacant. The Denver Business Journal reports Harbor Associates is the current owner, having paid $17.6 million in 2017. … Latest Las Vegas Stories New Rail Spur Connects Mark IV’s Massive Northern Nevada Industrial Hub to National Network Phoenix & Southwest + Las Vegas + Industrial | August 21, 2026 Mark IV Capital announced the completion of a rail spur in Fernley, Nevada, which connects its 4,300-acre master-planned industrial district called Victory Logistics District to the national network. Fernley is 30 miles from Reno. The completed rail spur, comprising more than one mile of new Union Pacific track built to Class I standards, connects directly to … Major Sparks Retail Center Trades for $103M Phoenix & Southwest + Las Vegas + Retail | August 14, 2026 A 41-acre premier mixed-use retail and entertainment destination has traded hands in Sparks, Nevada. Legends at Sparks Marina traded for $103 million. Newmark’s Kyle Miller and Rob Ippolito represented the seller, BIG Shopping Centers USA and RED Development, in the transaction. The property was acquired by Alturas Capital Partners. Located at 1310 Scheels Drive, Legends … Latest Stories FromMacquarie Asset Management Tops $1.6B in U.S. CLO PricingDirect Investment | September 1, 2026Macquarie Asset Management has priced its third U.S. collateralized loan obligation, Market Street CLO III, raising $409 million and pushing total U.S. CLO issuance on the platform past $1.6 billion in 18 months. The transaction attracted 10 new investors to the platform, extending the firm’s growing presence in the structured credit market since it launched Keurig Dr Pepper to Sell Chobani Stake, Facility for $925MDirect Investment | September 1, 2026Keurig Dr Pepper has agreed to sell its entire equity stake in Chobani back to the food and beverage company for $800 million as it moves to strengthen its balance sheet before separating into two businesses. In a related transaction, KDP will sell Chobani its manufacturing facility and warehouse in Allentown, Pennsylvania, for approximately $125 Origin Credit Advisers Closes $50M Texas Multifamily LoanAlternative Assets | September 1, 2026Origin Credit Advisers LLC has closed a $50 million bridge loan for Evergreen at Whisper Valley, a 348-unit multifamily development in Manor, Texas, extending the firm’s recent lending activity across Sun Belt markets. The financing was originated for the Origin Real Estate Credit Fund, a multifamily-focused interval fund. Origin did not disclose the loan’s interest Victory Capital Strikes $7B Deal for First EagleDirect Investment | September 1, 2026Victory Capital Holdings has agreed to acquire First Eagle Investments for approximately $7 billion. Victory will pay $4.4 billion in cash and issue $2 billion of stock while assuming $575 million of First Eagle’s 7.25% senior secured notes. First Eagle manages approximately $222 billion, while Victory reported $348.8 billion in client assets as of July
