Arizona
IndiCap Rounds Up Funds for 1.5M SF Industrial Project
IndiCap has completed financing on the building of a proposed 1.5 million square foot industrial park and has secured the… Read more
Glendale Hoping Super Bowl Ignites Commercial Growth
While the State Farm Stadium in Glendale, Arizona seats 63,000 fans, a typical Super Bowl weekend brings in many times… Read more
Whitepaper Details Strong-Potential Tertiary Markets
Pictured: Cheyenne, Wyoming Large metropolitan cities (think New York, Chicago and L.A.) are still magnets for investment in real estate.… Read more
Outpatient Services Drive Revenues and Real Estate
When it comes to healthcare real estate, discussions tend to revolve around hospital facilities and medical office buildings. But it’s… Read more
Tucson Urgent Care Center Fetches $9M
La Paloma Urgent Care at 4001 E Sunrise Dr in Tucson sold for $9 million ($420 PSF). Built in 2008,… Read more
AC Hotel Phoenix Biltmore Trades for $67.8M
Holualoa and LaPour Partners announced the sale of the AC Hotel Phoenix Biltmore by Marriott for $67.8 million to Nella… Read more
It’s Time to Nominate the Year’s Top Leasing and Sales Brokers
The deadline is almost upon us to nominate commercial real estate’s top leasing and sales brokers for Connect CRE’s sixth… Read more
Goldman Sachs is Predicting a Crash in Phoenix…Not so Fast, Says Phoenix RE Exec
Goldman Sachs expects record drops in Phoenix home prices similar to the 2008 crash, 25% or more. In 2008 we saw… Read more
Goldman Sachs is Predicting a RE Crash in Austin—Not so Fast
Investment banking firm, Goldman Sachs, says Austin is one of four cities that will suffer a 2008-like crash in home… Read more
Gilbert Industrial Site Gains 3 Buildings, 300K SF
Graycor Construction has completed three new buildings at the 64-acre Gilbert Spectrum Industrial Park, on behalf of developers GID and… Read more
Arizona-Only Crowdfunding Apartment REIT Goes National
You don’t have to have bags of money to invest in apartment communities. Neighborhood Ventures is launching NV REIT, its… Read more
Jacuzzi Eases into Glendale Industrial Park
MDH Partners has secured a 143,520-square-foot lease agreement with Jacuzzi Group at Kentwood 303, a two-building industrial park in Glendale, Ariz. A subsidiary… Read more
SkyPlus Secures Financing for Two Phoenix-Area 250K SF Industrial Buildings
CBRE has secured $42.7 million in construction financing for two industrial buildings that will be part of Skybridge Arizona’s master-planned… Read more
Downtown Tucson Hotel Converts to 366 Apartments
Scottsdale-based Sterling Real Estate Partners has started construction of Presidio Palms Apartments, a hotel-to-apartment conversion project located at 475 N.… Read more
Southwest Self-Storage Portfolio Trades for $266M
18 self-storage properties were included in the offering. The porfolio was sold by a joint venture of Phoenix-based Wentworth Property… Read more
Phoenix-Area Business Park JV Scores $160M Construction Loan
Square Mile Capital Management has originated a $160 million loan to finance the ground-up development of Goodyear AirPark Phase One,… Read more
Tucson Whole Foods-Anchored Center Sells for $31M
River Center neighborhood shopping center at River Road and Craycroft in Tucson sold for $31.1 million ($289 PSF). Anchored by… Read more
West Phoenix Apartment Community Trades for Nearly $50M
ABI arranged the sale of Dimension on 27th Apartment Homes, a 260-unit multifamily apartment community located in Phoenix, Arizona. The… Read more
Phoenix-Based Taylor Street Adds Business Strategy Executive
Louis Dettorre has joined Taylor Street Advisors as SVP, Director of Business Strategy & Operations. Before joining Taylor Street, Louis… Read more