Arizona
Prescription Pun-Free Zone: CVS-Occupied Properties Sell for $90M
SRS’ National Net Lease Group, based in Newport Beach, Orange County, has completed a sale of 13 CVS-occupied properties across… Read more
Retailer 5.11 Moves Headquarters into Costa Mesa
There’s something to be said for “knowing the neighborhood,” and retail brand 5.11 is acting on that sentiment as it… Read more
Scottsdale Sale Sets Per-Unit Price Record for AZ
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Roadrunner on McDowell, a 356-unit multifamily asset in Scottsdale,… Read more
Opportunity Funds Saw Investment Surge Ahead of Dec. 31 Deadline
Reported equity investment in qualified opportunity funds (QOFs) tracked by national accounting and consulting firm Novogradac increased by nearly $7… Read more
Multi-Use Project Funded Near Phoenix
Heritage Park is a commercial, mixed-use location in Phoenix’s Southeast Valley – and Heritage Park is about to see some… Read more
Chicken N Pickle(ball) Coming to Glendale
Things are sounding like they’ll get a bunch more fun soon in Glendale, Ariz., when the city adds two things:… Read more
Crow Launching Big Nationwide Multifamily Push, 8,000 Apartments in 20 Markets
By Ted Jackson Crow Holdings is launching a major multifamily initiative targeting middle class buyers in 20 markets across the country,… Read more
Safehold Adds Student Housing in Tempe, Ariz.
Safehold Inc. is closing on its third ground lease in the Phoenix area for $54 million. The ground-lease is tied… Read more
Bascom Targets $500M of Multifamily Acquisitions, via Discretionary Fund
The Bascom Group, LLC, has closed its fifth fully discretionary multifamily real estate investment fund, raising equity commitments to $150… Read more
Clarion Furnishes $415M Mezz Loan on Blackstone Industrial
Clarion Partners, LLC is providing a $415-million mezzanine loan as part of a package that will refinance a portion of… Read more
Potato Barn Grows Its Phoenix-Area Retail Patch
If it doesn’t exist, build it – and that’s exactly what furniture retailer Potato Barn is doing, just outside of… Read more
MedCore Divests Central WA Senior Living Facility
MedCore Partners closed the sale of Cooks Hill Manor, a 72-unit assisted living community in Centralia, WA. Terms of the sale weren’t… Read more
Multi-Tenant, Suburban-Phoenix Office Complex Changing Hands
The busy (and getting busier) corridor of Hwy West 101 – near Interstate 10 – in Phoenix is seeing an… Read more
Capital One Aids Sterling Bay in Sorrento Mesa Loan
Capital One’s Medical Properties team closed 90+ loan transactions in 2021, totaling $4.2 billion, in total, with some of those… Read more
Berkadia’s Jeff Coles on Single-Family Rental’s Continuing Surge
To an investor focused squarely on multifamily, 2021 might appear to have been the year that the industry discovered the… Read more
North Phoenix Continues to Pop, CRE-Wise
North Phoenix is trending upward – and upward – building on a phenomenal, record-setting year for deals and development from… Read more
Uptick in Build-to-Rent Interest Around Denver Grows
A developer known for its work in Denver’s Ballpark District is expanding its scope (again) to Greeley, CO, with a… Read more
Creation Equity Announces Massive Build in Buckeye
Creation Equity, a Phoenix-based “alternative real estate development firm,” says it will begin work on a five-million square-foot industrial park… Read more
CapRock Breaks Ground on 3M-Sq-Ft Complex in Phoenix
With 183 acres and 3.4 million square feet of earth to move around, construction is underway for a speculative infill… Read more