Arizona
Elliot Gateway Marks Trammell’s First Project in Mesa
Trammell Crow Company (TCC) recently acquired 40 acres at 9020 East Elliot Rd. in Mesa, AZ. Plans call for the… Read more
Koll Doubles its Investment in Two Years
The Koll Company sold two industrial parks for nearly twice what the company and its investment partners paid for the… Read more
Accolade is One of Arizona’s Top Five Largest Multifamily Sales
Accolade, a 548-unit multifamily asset in Phoenix, recently sold for $155 million or $282,847 per unit. The transaction is one… Read more
La Encantada Sells for $165M, Boosted by Near-Capacity Leasing
La Encantada recently sold for $165.25 million, with $102 million in acquisition financing secured. A group of local investors purchased… Read more
Soleil’s Price Per Unit is Third Highest in Chandler This Year
Arizona-based Del Marco Capital LLC recently acquired the Soleil Apartments, a 188-unit garden-style community in Chandler, AZ. The $335,106 price… Read more
Arcis Golf Adds Gentle Creek Country Club to its Portfolio
Fresh on the heels of the August acquisition of six Mickelson Golf Properties in Arizona as well as the early… Read more
Shorenstein Gets in on the Phoenix Craze with Fountainhead Buy
Shorenstein Properties LLC recently acquired Fountainhead Office Plaza in Tempe, AZ, centrally located within the Phoenix market along the I-10… Read more
Atlanta Ranks Third for Data Center Absorption Among North American Markets
Atlanta saw the third-most data center leasing activity in North America in the first half of 2021, according to CBRE’s latest North… Read more
Undersupplied Prescott Fits the Bill for Investors
Two luxury apartment communities in Prescott totaling 326 units recently sold for $111.6 million. Terraces, 5700 E. Market St., and… Read more
At $186M, Park 303 Phase I is the Highest Single-Building Industrial Sale in AZ History
Within one month of its completion, developer LPC Desert West completed the sale of the 1.25 million-square-foot Park 303 Phase… Read more
Newly Acquired 8th and Row is a Rare Downtown Townhome Rental Community
8th and Row, a newly constructed 35-unit class-A townhome community in Phoenix, is a rare downtown townhome rental community. It… Read more
Newly Launched CA Health and Science Trust Lands Backing from Asset Management Firms
CA Health and Science Trust, Inc. (CAHST), a newly formed and externally managed private REIT, has closed on an investment of up to $245… Read more
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