Arizona
It’s Time to Nominate Commercial Real Estate’s Most Influential Women
The deadline is nigh to participate in Connect CRE’s sixth annual Women in Real Estate Awards. We’re continuing to call for… Read more
Marcus & Millichap Closes Sale of Net-Leased Omaha Supermarket
Marcus & Millichap arranged the sale of Family Fare Supermarket, a 65,413-square-foot net-leased property located in Omaha. The asset sold… Read more
Walker Webcast: Gonzaga Coach Mark Few on Leadership and Culture
Mark Few has been head coach of the Gonzaga University men’s basketball program since 1999. Under his leadership, the Bulldogs… Read more
Small Phoenix-Area Town Priming for Growth
JLL Capital Markets is working with the city of Litchfield Park to market seven acres in the middle of the… Read more
Rincon Partners Secures Phoenix Multifamily Community
Rincon Partners paid $58.24 million, $260,000 a unit, for the 224-unit apartment complex in Phoenix. Institutional Property Advisors (IPA) represented… Read more
CARROLL Raises $350M, Will Target Sun Belt Multifams with $5.5B Buying Power
Atlanta, GA-based CARROLL has performed the final closing its seventh investment vehicle, Carroll Multifamily Venture VII, L.P., with more than… Read more
Avanti Residential Unloads Phoenix-Area Multifamily Community
The Villas at Mountain Vista Ranch is a 256-unit, value-add apartment complex in the Phoenix suburb of Surprise. Avanti Residential… Read more
North Phoenix 80’s Office Asset Acquired by Jumping Cholla II LLC
4545 Investment Alliance sold the property to Jumping Cholla for $8.2 million. The 46,574 square foot property is 90% leased… Read more
Connect Media Launches Online Learning Center for CRE Accreditation
Connect Media, a commercial real estate news, events and creative services agency, has launched Connect Classroom, an innovative online learning… Read more
JLL Capital Arranges Building Loan for Flagstaff Apartment Project
JLL Capital Markets arranged the $49.4 million construction loan so Wexford Development could get started on Flagstaff Elkwood, a 224-unit… Read more
X Team Expands SoCal Footprint, Adds Axiom Retail Advisors
Southern California brokerage group Axiom Retail Advisors has joined Phoenix-based X Team Retail Advisors as an affiliate of X Team’s… Read more
Far-East Phoenix Suburb Site for Apartment Rental Trade
FSO Realty purchased the 176-unit Sonoma Valley located in Apache Junction, about 30 minutes east of Downtown Phoenix, for $44.5… Read more
Mile-Long Logistics Center Going Up in Phoenix
The trio of Merit Partners, First Industrial Realty Trust and Diamond Realty Investments hired Stevens-Leinweber to build a 1.75 million… Read more
Surfs Up! Maricopa May Be Site for Phoenix-Area Water Park
Big Surf was all the rage when it opened in Mesa, Arizona in 1969. Not just a huge pool, but… Read more
Federal Realty Investment Trust Picks Up Scottsdale Office Asset
Federal Realty Investment Trust paid $53.6 million for Scottsdale Forum, a 214,000 square foot office in Scottsdale, Arizona. The property… Read more
OC Firm Completes $12M Sale of Arizona Shopping Center
Newport Beach-based SRS Real Estate Partners’ National Net Lease Group (NNLG) has represented the seller in the $12 million sale… Read more
Historic Tucson Hotel to Convert to Apartments
The Hacienda Motel at 1742 North Oracle in Tucson sold for $2.85 million ($157 PSF). The 51-room motel sold to… Read more
Southside Tucson Mercado Sells for $12.27 Million
An undisclosed California-based 1031 exchange investor paid $12.27 million for the Fiesta Mercado Shopping Center. The sales price of the… Read more
Vintage Apartment Community Sells in Phoenix
The 130-unit Paradise Palms in Phoenix has a revered history. Designed by famous architect Ralph Haver in 1959, the Biltmore… Read more