Arizona
Grapevine Okays Second Water Park Resort
Water parks are popping up all over. And they are no longer just overgrown swimming pools with a few slides.… Read more
Tucson Student Housing Project Sells for Near Record High
Vesper Holdings has acquired Sol y Luna, a two-tower, high-rise luxury student housing complex located in Tucson, Arizona. Vesper Holdings purchased… Read more
Two Texas Metros Lead the Nation in Apartment Sales
MSCI, a provider of real estate investment tools, has made public a survey on the leading towns when it comes… Read more
Howard Hughes Going Large in West Phoenix
The area west of Phoenix is exploding. Towns like Buckeye and Goodyear have seen double-digit year-to-year growth. The Phoenix area leads… Read more
Scottsdale Apartment Fetches $547,000/Unit
Institutional Property Advisors (IPA) arranged the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. The… Read more
Jet Linx to Flaunt Enhanced Private Jet Terminal in Scottsdale
Jet Linx has completed its newly constructed private jet terminal in Scottsdale, Arizona. The new facility offers 3,000 square feet of… Read more
Casa Grande Lands Semiconductor Plating Manufacturer
Chang Chun Arizona, a leading petrochemical supplier based in Taiwan, started work on its first U.S. manufacturing facility in Casa… Read more
It’s Time to Nominate Commercial Real Estate’s Outstanding Attorneys
End-of-day on Friday is the deadline to submit nominations for Connect CRE’s third annual Lawyers in Real Estate Awards. We believe there are many strong candidates… Read more
CBRE: IE is Home of the Nation’s “Youngest” Warehouse Inventory
Continuing industrial demand and the advanced age of U.S. warehouses, 43-years on average, is spurring record construction activity, as e-commerce… Read more
Tower 16 Trades Two Tucson Apartments for $65 Million
San Diego-based Tower 16 Capital Partners, has sold a pair of multifamily assets in Tucson, Arizona, for $65 million to… Read more
Phoenix-Gateway Airport Tripling Terminal Space
Phoenix-Mesa Gateway Airport (Gateway Airport) is running out of room. Currently it has 10 gates squeezed into a 10,000 square… Read more
FCP Hires New Southwest-Area VP for Commercial Investments
Eric Mathias is the new Vice President for Commercial Investments for FCP. It’s a new position that will provide a dedicated… Read more
Blackstone Provides Tax Equity for Phoenix Affordable Housing Units
Blackstone is partnering with affordable housing developer Dominium on a 372-unit project in Phoenix. As part of this partnership, Blackstone… Read more
Northmarq Secures Construction Loan for Phoenix-Area Apartments
Thanks to a $33 million Northmarq-arranged construction loan, Crown Builders can soon get going on a 156-unit multifamily property in… Read more
Development Group to Build 15 Extended Stay Hotels in SW USA
Developer Concord Hospitality and private equity firm Whitman Peterson are partnering to build 15 Extended Stay America Premier Suites hotels.… Read more
ViaWest Moving Forward on 2 Million SF Phoenix industrial Park
ViaWest plans to commence construction on 82 acres of a 144 site it purchased in Glendale, just outside of Phoenix.… Read more
Vantage Data Centers Start Phase II of $1 Billion Phoenix-Area Expansion
Vantage Data Centers, a global provider of hyperscale data center campuses has begun the second phase of construction on its… Read more
Canyon Ranch to Open Austin Wellness Facility
VICI Properties Inc. (NYSE: VICI), a real estate investment trust has entered into a loan facility for up to $200… Read more
Graycor, Metro Commercial Finish Up 1.1 Million SF Phoenix Business Park
Developer Metro Commercial Properties and builder Graycor Construction Company have delivered the final industrial buildings at Metro East Valley Commerce Center in… Read more