Arizona
Phoenix Office Survey Still Indicates Headwinds
Net absorption is down, as is office transaction volume. A recent 4Q Avison Young Office Market Report says it’s due… Read more
Nominate Commercial Real Estate’s Top Leasing and Sales Brokers
In 2022, a year which added macroeconomic challenges to the mix, commercial real estate’s dealmakers got it done. Do you know… Read more
SRS NNLG Finishes 2022 Closing $87M in Chick-fil-A Properties
Newport Beach, CA-based SRS Real Estate Partners’ National Net Lease Group (NNLG) has announced that the firm sold a total… Read more
Phoenix-Area Town Site for Much Needed Rental Community
Buckeye, Arizona’s population has exploded yet it’s been years since a new apartment community has been built. Thompson Thrift plans… Read more
Walton Global Acquires 108 Agricultural Acres in Aberdeen for Residential Development
Scottsdale, AZ-based real estate investment and land asset management company Walton Global has acquired 108 acres off Gilbert Road in… Read more
Vestar Gets Go-Ahead for Phoenix-Area Shopping Center
The Phoenix City Council gave the green light for a development agreement with Phoenix-based Vestar to support a new 40-acre… Read more
Tides Equities Picks Up Three Phoenix-Area Apartment Communities
IPA Capital Markets has arranged $60.92 million in acquisition financing for three multifamily assets, one in Phoenix and two in Glendale,… Read more
Four Tucson Bowling Centers Sell for Nearly $10M
Triple Shift Entertainment recently purchased four Tucson Bowling Alleys. Triple Shift Entertainment already owned ten bowling alleys in Minnesota. The… Read more
Full-Service Scottsdale Hotel Opens in Time for Super Bowl
The six-story Hilton at Cavasson features 237 guest rooms, resort-style amenities, and a 15,000 square-foot event center. The full-service property… Read more
Housing Trust Finishes 288-unit Aviva-Goodyear
Housing Trust Group (HTG) in partnership with Treger Partners have completed Aviva – Goodyear, an apartment community located in the… Read more
Two Phoenix-Area Hotels Sell For a Combined $35.75M
A 99-room Hampton Inn hotel asset in Phoenix and a 127-room Hyatt Place hotel in neighboring Gilbert have sold for… Read more
Northmarq Opens Debt/Equity Office in Brickell with Trio of New Hires
Commercial real estate services firm Northmarq has expanded its debt and equity platform in South FL with the addition of… Read more
Northmarq Arranges Construction Loan for 345-Unit Mesa Multifamily Community
Northmarq’s debt and equity team of Brandon Harrington, and Tyler Woodard secured $85.31 million in construction financing for the development… Read more
Phoenix-Area Hotel Repurposed for Apartment Rentals
Caliber Companies was given the okay to redevelop an under-performing Phoenix-area resort property into a mixed residential rental community. Acquired… Read more
Tucson to Get Downtown-Area Hotel and Casino
The Pascua Yaqui Tribe currently has two hotel/casinos on the outskirts of Tucson and now they have started actively planning… Read more
Dallas, Houston Lead Nation in Apartment Sales
Two Texas metro areas led the nation in apartment deals in the third quarter of 2022. Dallas posted the most… Read more
Scottsdale-Area Tribal Nation Site for 500K SF Mixed-Use Project
The Salt River Pima Maricopa Indian Community runs right up against one of the most desired shopping and entertainment destinations… Read more
Discount Tire to Build 300,000 SF Phoenix HQ
Discount Tire plans to develop a new corporate headquarters in Phoenix following the acquisition of 35 acres located near Loop 101 and… Read more
Phoenix BTR Builder Obtains $368K Per Unit
Builder Taylor Morrison built the Mesa build-to-rent (BTR) community just this year, and has now sold it to Ellsworth Housing… Read more