Arizona
Mesa, Arizona Industrial Asset Goes For $208 Million
A joint venture made up of Martens Development in Scottsdale and Dune Real Estate Partners out of New York has… Read more
KB Investment Receives Loan to Buy Phoenix-Area Apartment Complex
Mesa West Capital has provided KB Investment and Development Company with $108 million in first mortgage debt for the acquisition… Read more
SB Pacific Group Spins Off Tucson Multifamily Asset
The California-based private equity real estate investment firm bought the property in 2017 for $14.5 million and just sold it… Read more
Dual-Flagged Hotel Asset Gets Green Light in Tempe
California-based EKN Development has received a $24.5 million construction loan for the real estate development of a combination Fairfield Inn… Read more
Two Houston-Area Multifamily Communities Traded
Two apartment complexes west of Houston recently changed hands. The 312-unit Ranch at Sienna in Houston-suburb Missouri City and the… Read more
Phoenix’s Camelback Collective Fetches Record Price
It came on the scene in 2018 with a lot of fanfare. The Camelback Collective along with an adjacent AC… Read more
Matthews Real Estate Investment Services Moves HQ to Nashville
Matthews Real Estate Investment Services has relocated its corporate headquarters from El Segundo, CA to Nashville, TN. The move is… Read more
Schnitzer West Secures $196 Million Financing for Fiddler’s Green Portfolio
Cushman & Wakefield arranged financing for the Fiddler’s Green Portfolio consisting of Palazzo Verdi, Fiddler’s Green I and Fiddler’s Green… Read more
Chandler Pavilions Trades for $29 Million
Schnitzer Properties bought the fully leased, 163,000 square foot regional retail center in the Phoenix-area community. The property was sold… Read more
Data Center Operator Buys Large Parcel in Phoenix Suburb
QTS Datacenters spent $255.3 million on a 391 piece of land in Glendale Arizona. The seller was First Industrial Realty.… Read more
Koll Co. Purchases Two Phoenix Industrial Assets
The purchase consisted of two similar sized buildings, totaling 65,000 square feet. One of the buildings, at 4587 W. McDowell… Read more
Virgin Galactic Chooses Mesa Site for Spaceship Manufacturing Plant
The aerospace and space travel company has signed a long-term lease for a new final assembly manufacturing facility in Mesa,… Read more
Bowlers and Strikers to Find Home in New Phoenix-Area Stadium
The Mangat Group is investing $50 million in a world-class cricket stadium in Buckeye, just west of Phoenix. The 20,000… Read more
Logan Capital Purchases 155-Unit Flagstaff Rental-Home Community
This was Logan Capital Advisors third build-for-rent (BFR) purchase in Arizona since February of 2021. Berkadia completed the $75 million… Read more
X Phoenix II Taking Flight
Construction company Clayco is going vertical on its second downtown Phoenix residential high-rise. X Phoenix I is a completed 20-story,… Read more
Phoenix Exurb Site for New Build-to-Rent Community
Bela Flor Communities will soon start work on a new rental community in the Town of Maricopa, a growing town… Read more
Metro Phoenix Business Park Trades for $38 Million
BKM Capital Partners acquired the 153,000 square foot light-industrial Mesa Ridge Business Park from an entity owned by Randall Investment… Read more
Tauro Capital Advisors Opens Up New Dallas Office
They’re no stranger to Dallas, having participated in over $1 billion in various commercial real estate transactions and advisory assignments… Read more
240-Unit Phoenix Rental Community Sold to Draper and Kramer
The company paid $109 million for the 15-building Senita on Cave Creek apartment community. The unit price of the 240-unit… Read more