Arizona
Atlanta Ends 2022 in Third for US Industrial Leases, Savannah in Fourth
Demand for industrial and logistics warehousing space is driving an increase in megawarehouses, according to CBRE. The largest 100 industrial… Read more
Nominate a Rising Star for Connect CRE’s Seventh Annual Next Generation Awards
Connect Commercial Real Estate’s sixth annual Next Generation Awards in 2022 put the spotlight on more than 100 of commercial… Read more
CapRock Partners Closes on 131K-SF Warehouse in Phoenix
Newport Beach, CA-based industrial real estate investor and developer CapRock Partners has acquired 5810 W. Buckeye Rd., a 131,000-square-foot Class… Read more
Phoenix Luxury Hotel Sells for $110M
Host Hotels and Resorts has sold The Camby in Phoenix for $110 million, or nearly $400,000 a key. AZ Big… Read more
Mesa’s Fiesta Mall Next to be Recreated
Most Phoenix malls had run their course. They became distressed properties and had to be shuttered. But a new era… Read more
Kimco Looking to Add 760 Rental Units Near Phoenix’s Christown Spectrum Mall
After sixty years, the Christown Spectrum Mall is still a magnet for development. Kimco, the owner and operator of the… Read more
Arizona BTR Community Fetches $68M
Arizona has been the site of dozens of build-to-rent communities, but so far, few have sold. The 147-unit Havenly Fountain… Read more
Iconic Tucson Roadside Motor Lodge Picked by Hospitality Investor
Nostalgia is selling in Tucson. 60 years ago, the towns Miracle Mile, and its motor lodges, were the first introduction… Read more
Colliers Welcomes Matt Siegel as West/Central Florida Executive Managing Director
Diversified professional services and investment management company Colliers has welcomed Matt Siegel to the company as executive managing director and… Read more
Phoenix Ranks 5th in Datacenter Growth
A recent CBRE survey on datacenter trends reports that Phoenix is one of the fastest growing markets for new centers,… Read more
Retail Giant Scheels to Open Megastore in Chandler
Scheels All Sports says it will open its first Arizona store in Chandler this fall. The company is taking over… Read more
$85M Life-Style Rental Community Coming to Mesa
Talos Holdings started work on a “new” multifamily luxury rental community in East Mesa. The developer says the individualized living… Read more
Walton Global Hopes to Bring a Once-Revered Paradise Valley Hotel Back to Life
In its heyday, the Smoke Tree Resort in Paradise Hotel was a getaway retreat for the rich and famous. Now,… Read more
Tucson-Based Developer HSL Building Marana BTR Community
HSL Properties has paid $25,000 a lot for an entitled 50 acre parcel in Marana, Arizona, just outside Tucson. The… Read more
Weidner Pays $37M for Belltown Multifamily Property
Weidner Apartment Homes has purchased 206 Bell, a 122-unit multifamily community in the Belltown neighborhood of Seattle. According to the… Read more
Homebuilder Flees SoCal, Moving HQ to Dallas
Landsea Homes Corporation, a national publicly traded residential homebuilder, is moving its corporate headquarters to Dallas, Texas from the current location in Newport… Read more
Phoenix Hotels on the Rebound
CBRE is raising its forecast for hotel performance in the Phoenix metro and nationally on the heels of industry gains in… Read more
BNSF Gets First OK in Road to Huge Phoenix-Area Logistics Center
The NW Phoenix suburb of Surprise Arizona will likely be the spot for a 4,000 acre intermodal freight and logistics… Read more
Divaris Real Estate Acquires California’s The McGarey Group
Virginia Beach, VA-based Divaris Real Estate has acquired The McGarey Group, which is now operating as a division of the… Read more