Arizona
Meta Mesa Data Center To Add Three New Buildings
The campus will now include five buildings totaling more than 2.5 million square feet. Meta’s investment to date in Arizona… Read more
HistoryMaker Buys 6,000 Lots in Houston, Dallas
The company says the lots will be a mix of build-to-rent and traditionally financed homes. Through its affiliate companies, HistoryMaker… Read more
Phoenix’s Metrocenter Mall Begins Planning Rehab
The mall, built in 1973, was one of Phoenix’s first. But the effects of the Covid pandemic was more than… Read more
520 Homes are Coming to City Place
Site preparation has begun for Phase 1 of a 400-acre subdivision at the 2,000 acre City Place master planned community.… Read more
Decron Properties Acquires Another Phoenix Multifamily Community
It’s now eight and counting. Decron added the Tamarron Apartments to its lengthy list of Phoenix holdings. The one factor… Read more
MDH Partners Ups Industrial Holdings in Phoenix
Even though MDH Partners owns 85 assets in 20 states, Managing Director George Rowe says it’s hard to beat the… Read more
Entire 450,000 Square Foot Goodyear Industrial Site Leased to NPSG Global
Goodyear, about 30 miles west of Phoenix, has seen explosive growth of late in all real estate sectors, industrial included.… Read more
Element Buys Its Fourth Tucson Multifamily Property
Tucson continues to be a very busy marketplace when it comes to buying multifamily communities. With rents rising faster than… Read more
Kennedy Wilson Closes on Three Mountain West Multifamily Communities
In the same announcement Kennedy Wilson (NYSE:KW) touted the purchase of three apartment complexes, the company said it was also… Read more
New Joint Venture Buys Two Eastmark Parcels
IndiCap has joined forces with AECOM-Canyon partners to buy two parcels of industrial zoned land in the Mesa Gateway submarket.… Read more
MC Communities Adds to Tucson’s Multifamily Offerings
MC Communities and a global institutional investor have partnered to develop a Tucson-area multifamily project. The Scottsdale-based investor of multifamily… Read more
WIS International Gets New Headquarters at Crown Centre
WIS, a global inventory and data collection services companies, has moved into a new 70,996 square foot office at Crown… Read more
Tucson Stays Hot When it Comes to Multifamily Sales
The turnover of apartment complexes in Tucson continues to stay robust, as Institutional Property Advisors (IPA) just announced the sale… Read more
Uncommon Side-by-Side Grocery Stores Sell Near Phoenix
A Trader Joe’s and Sprouts Farmers Market have lived in harmony in a popular retail center for over 25 years.… Read more
Growing Southwest Valley Town Lands Medical Center
Buckeye Arizona will be the site of Banner Health Care’s newest hospital. The proposed 120-bed facility has enough land to… Read more
Downtown Phoenix Soon to Have 1 Million Square Foot Development
The project will be named Central Station and will consist of two residential towers, 30,000 square feet of retail, 70,000 square… Read more
IPA’s David-Gebing Team Closes $202M Portfolio Deal in Phoenix, Albuquerque
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the $201.75-million portfolio sale of three multifamily properties in… Read more
West Phoenix Apartments Trade from One AZ Owner to Another
ABI Multifamily arranged the sale of Sandpainter Apartments, a 116-unit multifamily apartment community located at 2225 W. Indian School Rd.… Read more
Tower Capital Lines Up Financing on Phoenix Build-to-Rent
Tower Capital arranged more than $20 million in non-recourse construction financing for Proximity 7th, a build-to-rent (BTR) multifamily community being… Read more