Arizona
Financing Makes Gainey Ranch Sale Come Together
Financing of $29 million was recently provided for Gainey Ranch Corporate Center II, a class-A office property totaling 203,642 square… Read more
Jack in the Box Awards 16 Franchise Agreements YTD
Jack in the Box Inc. recently awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal… Read more
The Arc’s Many Plusses Make for a Full MOB Conversion
The Arc, previously known as Stapley Corporate Center, a 180,110-square-foot class-A office project in Mesa, recently sold for $37 million.… Read more
No Surprise That Cactus 303 Will Create Hundreds of Jobs
Baker Development Corporation (BDC) recently acquired an 81-acre parcel for the development of a $150 million industrial park. Named Cactus… Read more
We’re Looking for More of Real Estate’s Most Influential Women
Nominations for Connect CRE’s 2021 Women in Real Estate Awards have been open since the beginning of this month, and while industry response to date has been heartening,… Read more
Tina West Brings 30+ Years of Multifamily Experience to New Role
Cushman & Wakefield has announced the appointment of Tina West as senior managing director to lead the firm’s multifamily operations… Read more
GO Industrial Goes for Salt Lake City in a Big Way
Salt Lake City’s California Avenue submarket absorbed almost 1.3 million square feet of industrial space during first quarter 2021, the… Read more
American Realty Seizes on Goodyear Logistics Center’s Prime Location
American Realty Advisors (ARA) recently acquired Goodyear Logistics Center, a class-A industrial asset located in Goodyear, AZ. The 901,700-square-foot manufacturing/logistics… Read more
KKR Reaches $2.2B Deal for Sale of Infill and Light Industrial Portfolio
KKR said Tuesday it had agreed to sell a 14.5-million-square-foot infill and light industrial portfolio to Oxford Properties Group for approximately $2.2… Read more
U.S. Apartment Market Heads for Record Deal Volume in 2021
U.S. multifamily investment sales volume roared back to its usual self in the second quarter, Newmark reported. The 238.1% year-over-year surge… Read more
Cross Creek Ranch Land Marks Last Investor-Owned Lots
Land Advisors Organization’s homebuilding team recently sold nearly 80 acres in Cross Creek Ranch to Richmond America Homes and Oakwood… Read more
Off-Market Deal Puts Dansons in the Central Scottsdale Submarket
A vacant corporate headquarters facility in Scottsdale recently sold to Dansons for $39 million in an off-market transaction. Located in… Read more
LBA Realty is First to Achieve the UL-Verified Healthy Building Mark
LBA Realty is the first to achieve the UL-Verified Healthy Building Mark for Indoor Environment for 13 of its office… Read more
CASA Sale Sets a New Value Record for the Piestewa Peak Submarket
Macquarie Asset Management on behalf of a U.S. real estate mandate, recently acquired CASA, an experiential class-A office redevelopment in… Read more
303 Crossroads to Enable Industrial Expansion in Loop 303 Market
Cresset Real Estate Partners and Clarius Partners recently closed on the land acquisition for 303 Crossroads, a 1.75 million-square-foot logistics… Read more
Mixed-Use Project to Spur Economic Development in Glendale
The city of Glendale and the Arizona Cardinals are collaborating with Plaza Companies on a mixed-use project that will spur… Read more
JLL Income Property Trust Acquires SFR Portfolio for $560M
JLL Income Property Trust recently acquired an approximately 47 percent interest in a stabilized, core and geographically diverse single-family rental… Read more
Neighborhood Retail Stays at the Top of the Investor Heap
As neighborhood centers continue to dominate the completed transaction column, six retail centers across Arizona and New Mexico recently sold… Read more
Blink Charging Co. Sets Five-Year Agreement with Greenlight Communities
Blink Charging Co. recently announced a five-year agreement with two five-year extensions with Greenlight Communities LLC, an Arizona-based residential property… Read more