Arizona
Once-Shuttered Saw Mill Sold in Rancho Cucamonga
An Inland Empire mill that fell into disuse has been purchased. A Texas-based steel manufacturer got $313 million for a… Read more
JLL Boosts Its Project Dev. Team with New Purchase
JLL is expanding its project-development chops with the purchase of Gilliland Construction Management, a project management company that works with… Read more
Not Enough Chicken? Just Wait, PHX
Who among us hasn’t had that urge – that urge that says, née calls, for “wings”?? Well, things are looking… Read more
Sold! Carvana Continues to Combine Online & Physical w/ $2.2B Deal
“Spin the wheel! Boom goes the dynamite!.” Anyone near a gaming establishment may have overheard similar sentiments, but Caravan’s newest… Read more
Record 2021 Cross-Border Investments in U.S. Industrial Real Estate Assets, JLL Expects Continued Strong Foreign Interest
With more than $143 billion in transactions, investor demand in industrial assets in the U.S. soared to new heights in… Read more
Tech Company Viavi Expand Footprint in Chandler
In a positive, double-action market move, Viavi Software and Chandler, Ariz., are seeing a need for more space. Having recently… Read more
GO Industrial Invests More in Phoenix-Area Builds
About 1.28 million square feet of speculative, Class A acreage now belongs to Phoenix-based GO Industrial. With plots in Phoenix… Read more
Mesa-Based Warehouse Structure Sells for $130M
The third-largest city in Arizona, Mesa is adding to its industrial real estate clout with a recent sale of a… Read more
Maricopa County’s Buckeye Looks to Expand Industrial Acreage
Growing faster than any municipality in the United States (as of the end of 2021), Buckeye, Ariz. (near Phoenix) is… Read more
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