Arizona
Three Hotels Planned for Phoenix-Area Sports Park
A commercial real estate developer has submitted plans to the city of Mesa to build a hospitality campus to include… Read more
Costco to Add Mesa Distribution Center
Costco plans to develop a facility in Mesa that will allow it to store and transfer large items to customers… Read more
Phoenix Vintage Apartments Secure New Owners
A two story apartment complex was bought by Summit on Thomas LLC. The seller was Rise48 Equity. The sales price… Read more
Phoenix Mayo Clinic-Served Hotel Sells for $50.5 Million
Dreamscape Companies has acquired the Residence Inn Desert View at Mayo Clinic. The extended stay hotel is adjacent to the… Read more
Iconic Cabins Sell Off in Arizona’s Red Rock Country
Nestled in between red rock canyons, piñon pines and rock waterfalls sits the Destination @ Oak Creek. The resort is… Read more
Former Mesa Dairy Farm May Become Phoenix Area’s Largest Industrial Site
Shopoff Realty Investments has acquired the onetime dairy farm, making up 269.9 acres of land located at E. Elliott and S.… Read more
Phoenix Well Positioned for More Industrial Warehouse Growth
25% of industrial warehouses are over 50 years old and don’t have the amenities todays tenants are looking for A… Read more
Food Distribution Center Coming to Tucson Suburb
Shamrock Foods Company, a 100-year-old, family-owned Phoenix-based company, has acquired 81 acres from Crown West Residential Group at The Crossroads… Read more
Scottsdale OK’s Two Multifamily Mid-Rises
ZOM Living received approval from the Scottsdale City Council to build two, free standing apartment mid-rises along with some retail… Read more
Shopoff Acquires 270-Acre Industrial Site in AZ
Irvine, CA-based Shopoff Realty Investments has acquired 270 acres of land in the Phoenix submarket of Mesa, AZ. The purchase… Read more
Fourth of Four Phoenix Multifamily Properties Sold by KKR
The $68.5 million sale of Ponderosa Ranch, a 272-unit, multifamily real estate community in Tempe, Arizona was the last remaining property… Read more
Once-Struggling Goodyear Retail Center Rebounds, Changes Hands
TriGate Capital has sold off the Canyon Trails Towne Center, a 90-acre shopping center in Goodyear, Arizona, but not before it had… Read more
Phoenix Camelback Corridor Classic Sells for $61.8 Million
The classic Camelback Center on the Camelback Corridor sold for $61.8 million. The 236,553 square foot, nine-story building received a… Read more
Contour Receives Financing for Phoenix-Area Business Park Buildout
A joint venture led by California-based Contour, received $99 million in construction financing for the five-building first phase of the Sossaman… Read more
Tranwestern Tabs Steinmetz to Head West Region Marketing
Transwestern Real Estate Services has hired Andrew Steinmetz as Regional Marketing Manager for the West. Based in San Francisco, Steinmetz… Read more
Ojos Locos Cantina Hooks Up With Las Vegas Casino
The Ojos Locos Sports Cantina y Casino at Hotel Jefe will debut in North Las Vegas by the end of… Read more
Thompson Thrift Picks Up 35 Acres for Gilbert Mixed-Use Project
Thomson Thrift plans to develop The Gilmore, a mixed-use project with apartment homes and more than 200,000 square feet of… Read more
Vintage Phoenix Apartments Acquired for $80.75 Million
Harbor Group International (HGI) acquired the Colter Park Apartments, a 384-unit multifamily property located in Phoenix, for $80.75 million. The apartment community was… Read more
GIC, Oak Street to Acquire STORE Capital for $14B
Net lease REIT STORE Capital Corporation (STOR) said Thursday it had entered into a definitive agreement under which GIC and… Read more