Arizona
EV Battery Maker to Expand Tucson Footprint
Sion Power Corporation, a leading technology developer of batteries for electric vehicles (EV), is taking over a 111,400 sq ft… Read more
Tucson Lands $1 Billion Battery-Making Plant
The Pima County (Tucson) Board of Supervisors Dec. 6 okayed a lease-purchase agreement with American Battery Factory to build a $1… Read more
EOS Fitness Locks in Three Houston Area Leases
EOS Fitness jumped on the California to Texas bandwagon earlier this year when they moved their headquarters from California to… Read more
Tucson Shopping Center Split in Two, Sold to Different Buyers
The seller thought Tucson’s Cortaro Plaza had more value split up than all together. The combined sales price for Cortaro… Read more
Taiwan Semiconductor Arizona Investment Going From $12B to $40B
Taiwan Semiconductor Manufacturing Company’s (TSMC) chip plant in North Phoenix is making an additional $28 billion of investment in Arizona,… Read more
AEW Capital Management, Flagship Healthcare Trust Acquire $80M Portfolio of ASCs
AEW Capital Management L.P., and Flagship Healthcare Trust, a Charlotte, NC-based healthcare real estate investment trust, have formed a joint… Read more
Scottsdale Trophy Office Complex Acquired by Cardone Capital
One of Scottsdale’s most recognizable office complexes, The Promenade Corporate Center has been picked up by Cardone Capital out of… Read more
Phoenix-Area Town OK’s Major Mixed-Use Agreement
The Peoria City Council has approved a tax incentive agreement for the development of Stadium Point at P83, an estimated… Read more
Celebrated Phoenix Office Campus to Receive Makeover
The new owners of the iconic Esplanade office buildings have announced plans to fully renovate and upgrade the renowned and prestigious… Read more
Q3 Industrial: Construction Reaches Record Territory, Demand Starts to Wane
U.S. industrial market third-quarter reports agreed on two things. First, construction continues climbing and is reaching record numbers. And second,… Read more
Vero Capital Spends $100M on Two Scottsdale Office Properties
Vero Capital returned to the scene of a previous purchase and closed the deal on the second of two Scottsdale… Read more
Gulfstream Takes Hangar Space in Phoenix-Area Airport
The 58,741 sq ft facility next to Phoenix-Mesa Gateway Airport is adjacent to the company’s new customer support center which… Read more
Knight-Swift Signs 127K-SF Lease at Brea Industrial Facility
JLL has represented Knight-Swift Warehousing & Fulfillment in a 127,000 square foot lease at the Imperial Distribution Center in Brea,… Read more
IPA Brokers for Two Tucson Rental Communities
Institutional Property Advisors (IPA) has brokered sales of two Tucson-area multifamily communities. Elevate, a 144-unit apartment property traded for $21.8… Read more
Phoenix BTR Community Fetches $511,000 Per Unit
The recently completed Orchards on 12th was acquired for $19,433,137 ($511,398/per unit) by an entity formed by The Carlyle Group… Read more
Avanti Acquires Phoenix Apartments for $65M
Avanti Residential has partnered with FCP in the acquisition of Omnia on Thomas, a 382-unit apartment community in Phoenix, for $65… Read more
Casa Grande Lands $250M Chemical Plant
KPCT Advanced Chemicals and Kanto Group plans to build an electronic grade sulphuric acid manufacturing plant in the Pinal County… Read more
Caliber to Develop 100 Acre Site Near Scottsdale
Caliber, an Opportunity Zone investor, purchased the lease rights for 100 acres of land to begin developing The Riverwalk Development… Read more
Mattel-Branded Theme Park Coming to Phoenix Area
Whether it be a pleasant excursion on the rails with Thomas, the Tank Engine or a wild ride on a… Read more