Arizona
San Bernardino Net-Leased Market Sells For $8M
Hanley Investment Group has announced the sale of a single-tenant net-leased investment occupied by Cardenas Markets in San Bernardino, CA.… Read more
Ashcroft Forges Multifamily Partnership with Goldman, Blackstone Funds
New York City-based multifamily investment firm Ashcroft Capital has closed on a strategic partnership with institutional investors including investment funds… Read more
Fairmont Hotel to Anchor Downtown Phoenix Project
The 25-story Fairmont Phoenix will be the showpiece of a mixed-use development in downtown Phoenix. It will feature 225 guest… Read more
A Turning Point in the Housing Market?
Very, very, very slight signs are signaling potential change in the single-family housing market. Specifically, Realtor.com’s prediction is that May… Read more
TMR Closes Sale of Arizona MultiFam
Seattle-based Thayer Manca Residential (TMR) has announced the sale of The Ventura Apartments, a 272-Unit property in Chandler, AZ. Details… Read more
Phoenix-Area Deer Valley Medical Center Sells for $20 Million
The five-story Optum Center was sold to Cleveland-based Woodside Health Development for $244 a square foot. Talia Jevan Properties of… Read more
Chandler’s Multifamily Community, The Ventura Apartments, Sold by Seattle-Based Investors
Thayer Manca Residential (TMR) sold the Ventura Apartments, a 272-unit property for an undisclosed sum. TMR bought it in 2017… Read more
It’s Time to Submit Your Nominations for 2022 Top Mortgage Brokers & Lenders
Connect Commercial Real Estate’s second annual Top Mortgage Brokers & Lenders awards program has seen a strong industry response to… Read more
CRG Raises $450M in Equity Toward New Projects
CRG, the development arm of Chicago-based Clayco, has completed fundraising for a $300-million equity fund that will invest in its… Read more
Largest Complex Made of Shipping Containers Opens in June 2022 in Phoenix
The IDA on McKinley is a six-story, 19 unit apartment made up entirely of shipping containers. Local Studio’s Brian Stark… Read more
LG Building $1.4 Billion Battery Plant Outside Phoenix
Queen Creek Arizona will be the site of the South Korean company’s next battery plant. The town gave the project… Read more
Classic Phoenix Apartment Sells for $51.3 Million
The buyer of the Madison Grove, Brass Enterprises, paid $300,000 a unit for the 1976-era project. IPA’s Steve Gebing represented… Read more
Two Build-To-Rent Projects Coming to Metro Phoenix
Blue Vista Capital is hoping to develop two subdivisions with over 300 homes west of Phoenix. The $102 million in… Read more
JLL Income Property Trust Buys Flagstaff Medical Center
Flagstaff Medical Center is fully leased to a leading healthcare provider in the Northern Arizona area. The tenant has committed… Read more
Fundamental Income Acquires Restaurant-Nightclub Tao Chicago
Fundamental Income, a Phoenix-based net lease real estate platform, has acquired Tao Chicago, a 34,000-square-foot restaurant and nightclub leased to… Read more
Inland Empire Has Lowest Industrial Vacancy Rate in U.S.
Bullish demand-supply fundamentals continue for the Nation’s industrial markets, despite the volatile economy according to a new report from Commercial… Read more
Mesa, Arizona Apartment Homes Sell For $319,444 a Unit
Rise48 Equity used a combination of debt and equity to buy the $92 million multifamily community. Northmarq Phoenix’s Debt and… Read more
Flint Development Buys 129 Acre Zoned Parcel West of Tucson
The project is part of the Crossroads at Gladden development in nearby Marana. There are 8 planned blocks within the… Read more
BPG Debuts $2.5M Courtyard at City Square
Los Angeles-based Barker Pacific Group (BPG) has announced the completion of City Square Plaza, a new Gensler-designed gathering spot in… Read more