Arizona
Goodyear AirPark Represents One of LPC’s Best-Located Shovel-Ready Industrial Sites
In a joint venture partnership, LPC Desert West, the Southwest regional office of Lincoln Property Company (LPC), and Scottsdale-based Harvard… Read more
Bridge Investment Acquires its First Manufactured Housing Assets
Fixed-rate Freddie Mac financing to the tune of $44 million was recently secured for Salt Lake City-based Bridge Investment Group… Read more
The Ledges at West Campus’ Multifamily Transition Nets $34M
The 205-unit multifamily community The Ledges at West Campus in Tucson recently sold to Tara Investment Group LLC for $33.75… Read more
CapRock to Transform One of SW PHX’s Largest Remaining Infill Land Sites
CapRock Partners recently began development on CapRock West 202 Logistics, the largest speculative industrial real estate project in the history… Read more
Jet.com Founder Marc Lore Wants to Build Sustainable City of 5 Million
Billionaire jet.com founder Marc Lore has unveiled plans for Telosa, a sustainable metropolis that would be built from scratch. Designed by world-renowned Danish… Read more
Hyatt Place Phoenix/Downtown Will Soon Open its Doors
Set to open to guests later this month, the Hyatt Place Phoenix/Downtown is quickly nearing its public debut. The hotel… Read more
Investors Take Advantage of Phoenix’s Surging Multifamily Fundamentals
Phoenix led all U.S. metros in rent growth in second quarter 2021 with a 15.3 percent year-over-year increase, according to… Read more
Industrial Goes Full Bore While Office Remains Questionable
While companies from all industries are relocating to Arizona, some commercial real estate sectors are experiencing more growth than others.… Read more
Tower 16 Actively Expanding, Remains Bullish on Phoenix
San Diego-based Tower 16 Capital Partners recently acquired two properties across two separate transactions totaling 508 units in Phoenix. The… Read more
Infrastructure Bill Could Ratchet Up Data Center Demand Even Higher
“The world has become increasingly digital, a trend that has only accelerated during the pandemic, and consequently data centers are… Read more
Novva Data Centers Acquires Tier 3+ Center, its First Foray in Colorado
According to JLL research, the global green data center market is expected to grow by nearly $45 billion from 2020… Read more
Decron Ramps Up Phoenix Acquisition Process
Decron Properties continued its rapid expansion into the Phoenix MSA with its recent acquisition of Broadstone Grand, a 300-unit multifamily… Read more
BKM Capital Partners Executes $261M Recapitalization of Fund I
Multi-tenant parks attract a growing entrepreneurial tenant base, cater to numerous users and allow for growth within the park, typically… Read more
Imperium Capital Acquires Four-Acre Parking Facility Near Port of Savannah
New York-based Imperium Capital has acquired a secured truck and trailer parking facility in Savannah. The four-acre property was purchased… Read more
Metro Phoenix Shows No Signs of Slowing Down
Companies across the country are packing up and moving to Arizona. With its skilled talent pipeline, affordable cost of living… Read more
U.S. Home Price Gains Set Records for Third Consecutive Month
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 18.6% annual… Read more
InTrust Plans to Upgrade All Units After Multifamily Buy
A $29.36 million loan was recently secured for the acquisition of Sunflower and Veranda Apartments in Glendale, AZ. The loan… Read more
Cross-Dock Facility Presents Rare Investment Opportunity in Goodyear
A newly developed industrial cross-dock facility totaling approximately 450,600 square feet on roughly 29 acres recently sold for $56 million.… Read more
Out-of-State Multifamily Investors Expand Targets to Include Tucson
The employment market in Tucson is adding back workers at an active pace. Year-over-year through the second quarter, employment growth… Read more