Arizona
Agora Targets Retail, Industrial and Multifamily QOZ
Agora Realty recently formed a joint venture with a family office to launch a new fund specifically targeting properties located… Read more
Whispering Canyon Offers Build-Ready Custom Lots
Whispering Canyon, a master-planned community in the high desert of Prescott surrounded by Prescott National Forest, is releasing 28 new… Read more
Student Housing Goes for Highest Price Per Door
The 1,020-bed/336-unit student housing complex Ranch at Star Pass in Tucson recently sold to California-based Element Residential Property Company for… Read more
Mesa West Provides $188M of Financings in Chicago, Phoenix and Portland
In the largest of three separate multifamily financings, Los Angeles-based Mesa West Capital provided a joint venture between Chicago developer… Read more
Noodles & Company Doesn’t Noodle Around with Phoenix Expansion
Colorado-based restaurant company Noodles & Company will open its sixth location in Greater Phoenix at The Market at Estrella Falls… Read more
Victoria Arbors is MG Properties’ 10th Inland Empire Acquisition
MG Properties Group recently acquired Victoria Arbors Apartment Homes for $137.6 million from Sares Regis Group. This 319-unit suburban garden-style… Read more
Grocery-Anchored Centers Stay Hot in Phoenix
Two grocery-anchored retail centers in Phoenix recently sold for a combined total of $14 million. The first property, Safeway Shops… Read more
HomeSmart HQ Sells to ABCJ in Sale Leaseback Deal
A single-tenant 36,497-square-foot building facility in Scottsdale recently sold for $12.45 million in a sale/leaseback transaction. Located in the Scottsdale… Read more
Ivanhoé Cambridge and Mount Auburn Multifamily Form Investment JV
Ivanhoé Cambridge and Mount Auburn Multifamily have formed a programmatic joint venture to invest in preferred equity for ground-up multifamily… Read more
Landsea Closes on Largest AZ Buy Yet: 616 Homes in Goodyear
Landsea Homes Corporation recently closed on 616 homesites at Citrus Park in Goodyear, its largest homesite acquisition in Arizona to… Read more
CDC and DMB Unveil Vision for Evolution of Springwoods
CDC Houston and DMB Development recently unveiled the expanding vision for north Houston’s Springwoods Village, home of the ExxonMobil campus… Read more
KC-Area Apartments Trade for Combined $105M
CBRE recently arranged the sales of two multifamily communities in suburban Kansas City, totaling 468 units and $105 million. The… Read more
KeyBank Secures CMBS Financing for Self-Storage Facilities
KeyBank Real Estate Capital (KBREC) secured $25.3 million in fixed-rate CMBS financing for three entities controlled by Southern California’s SP… Read more
Savage Universal Embarks on HQ Expansion in Chandler
Phoenix-based Stevens-Leinweber Construction recently broke ground on a build-to-suit headquarters expansion for Savage Universal. The project is scheduled for completion… Read more
MIG Expands Portfolio with a Mix of Western Assets
MIG Real Estate LLC recently expanded its portfolio with the acquisition of two industrial assets, one hotel, and one residential… Read more
CBRE Arranges $21M Sale of Jacksonville Apartments
CBRE has arranged the $21 million sale of La Esperanza Apartments, a 232-unit multifamily property in the Southeast submarket of… Read more
New Index Has Sunbelt Markets Shining Brightest for Opportunities
Just as the pandemic and resulting economic downturn had varying effects on commercial real estate fundamentals across the nation’s major… Read more
Level at Sixteenth Goes to Sares Regis for $69M
Level at Sixteenth, a 240-unit midrise apartment community in the Phoenix urban core, recently traded at $69.1 million or $287,917… Read more
Southeast Industrial Portfolio Trades for $20M
JLL has arranged the $20 million sale of a three-property industrial portfolio in Birmingham, Lafayette, LA. and Visalia, CA. The… Read more