Arizona
Stos Trades Phoenix-Metro Property for $28M After One-Year Hold
Bought in 2020 and sold just over a year later, Stos Partners sold its 227,000-square-foot, single-tenant industrial property in Tolleson,… Read more
Large Japanese Player Re-Enters US Market, via Phoenix
In a first-time collaboration, two known CRE names are collaborating on a 150-unit, multi-family housing complex in Fountain Hills, AZ,… Read more
SB Real Estate Establishes New Target Market with $75M Buy
SB Real Estate Partners (SBREP) acquired Bridge Creek Apartments, a 270-unit garden style multifamily community in the Portland, OR submarket… Read more
Extended Stay Scottsdale Hotel Trades for Residential Conversion
Scottsdale-based investment firm Sterling Real Estate Partners recently acquired Suites on Scottsdale in an off-market transaction with plans to convert… Read more
Idaho Investor Scoops Up Tucson Retail
Cushman & Wakefield brokered the sale of Tucson Fiesta, a 93,005-square-foot shopping center asset in Tucson. Located at the corner… Read more
LPC Makes Its First PHX Industrial Deal of 2022
In its first major metro Phoenix industrial acquisition of 2022, Lincoln Property Co. (LPC) has closed on two buildings at… Read more
Belgravia Sets Sights on Scottsdale for First Project Outside Chicago
Chicago-based Belgravia Group, Ltd. has selected Arizona for its first development outside Chicago. The 70-year-old firm will build Portico – North Scottsdale, a 112-unit… Read more
Berkadia Webinar Charts What’s Ahead Following “Incredible Year for Multifamily”
“Without overstating the obvious, 2021 was an incredible year for the multifamily industry,” Berkadia CEO Justin Wheeler said at the… Read more
High Street/PGIM JV Launches Resi Portion of North Scottsdale MXU
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company (TCC), and joint venture partner PGIM Real Estate have… Read more
SBREP’s Aggressive Investment Approach is Fueled by Robust Fundamentals
SB Real Estate Partners (SBREP) recently acquired Bloom 24, a 114-unit garden style multifamily community in Phoenix for $34.2 million.… Read more
Boulders at Lookout Mountain Marks Davlyn’s Third AZ Acquisition
Davlyn Investments recently closed escrow on the $112.5 million purchase of The Boulevard, a 294-unit multifamily community in Phoenix. The… Read more
Urban 188 and Urban 96 are Side-by-Side Properties Operating as One
A Canadian investor recently purchased Urban 188 and 96, apartment communities located at 1601 and 1545 W. Camelback Rd., respectively,… Read more
Northland’s Strategic Investment Leverages Historic Demand for BTR Homes
Northland recently acquired Parke Place, a newly constructed residential community in Prescott Valley that offers standalone residences, a new asset… Read more
Reunion Rehab to Offer Care for Those with Debilitating Illnesses
Adolfson & Peterson Construction (AP) and Reunion Rehabilitation Hospitals recently broke ground on a new location in Peoria with support… Read more
Portillo’s Sells for Record-Low Cap Rate
A new construction single-tenant net-leased retail property occupied by a Portillo’s drive-thru restaurant recently sold in the Phoenix metro. The… Read more
We’re Looking for More of the Year’s Top Leasing and Sales Brokers
Although early response has been positive for Connect CRE’s fifth annual call for Top Broker Award nominations, we’re looking for as wide a cross-section of… Read more
Phoenix Office Investors Should be More Active with Appetite for Quality Assets
Although some cities are slow to bounce back with office activity, Phoenix does not fit into that category. With limited… Read more
Northmarq Continues to Grow Investment Sales Platform
Northmarq continues to grow its investment sales platform, adding a new manufactured housing team in Southern California and three new… Read more
Wexford Taps C&W for Leasing of 850 PBC
Cushman & Wakefield has been engaged by Wexford Science & Technology LLC to provide leasing services for its recently constructed… Read more