Arizona
Flats at Granite Reef Sells to Girard Flats
The metro Phoenix area continues to experience pent-up multifamily investment demand from both local and out-of-state capital due to robust… Read more
Beam on Farmer is First in AZ to Feature CLT Construction
Developer and builder Mortenson, in partnership with PGIM Real Estate and Urban Development Partners, recently broke ground on its anticipated… Read more
Lincoln Property Company Earns Third Consecutive NAIOP Award
The Desert West region of Lincoln Property Company (LPC) recently earned its third consecutive NAIOP Arizona owner/developer of the year… Read more
Dornin Completes Quick Buy on 18-Property Portfolio
Laguna Beach investment firm Dornin Investment Group (DIG), in partnership with an investment fund, recently acquired a $195.5 million nonperforming… Read more
CRE Sales Volume Off by 27.6% Y-O-Y; Total Returns Gain from Q4
U.S. commercial real estate investment volume fell by 27.6% year-over-year to $92.4 billion in the first quarter, CBRE Research reported.… Read more
Relationships Pay Off in Connecting 1031 Buyers with Off-Market Properties
Commercial properties are becoming scarce as more developers and investors are purchasing at record rates. Aside from the limited amount… Read more
MG Further Expands Arizona Presence with The Retreat
San Diego-based private real estate investor and operator MG Properties Group is further expanding its Arizona presence with the acquisition… Read more
Shared Amenities Allow Smaller Firms to Compete in Recruiting
Today’s employers are increasingly looking for workplace advantages to solve recruiting and retention needs. Small to mid-sized companies without the… Read more
PetSmart HQ Sells to BPM Real Estate
The PetSmart headquarters, a 365,000-square-foot class A office campus located at 19601 N. 27th Ave. in Phoenix, was recently acquired… Read more
Harvard Crossing Acquires $100M in Phoenix Multifamily
Village at Harvard Crossing, a new 184-unit single family rental/multifamily community in Goodyear, recently sold for $56.12 million to Harvard… Read more
Ezralow Company Sees Value of Cactus Forty-2
Cactus Forty-2, a 200-unit class-A apartment community located at 4242 East Cactus Rd. in the Paradise Valley area of Phoenix,… Read more
Electra Closes Multifamily Loans Totaling $245M
Electra Capital recently closed seven transactions in the first quarter, four bridge loans totaling $125 million and three preferred equity… Read more
Connect CRE Introduces the Top Mortgage Brokers and Lenders Awards Program
For commercial real estate professionals on the lending side of the industry, 2020 was both an especially fruitful year and… Read more
Decron Enters Arizona Market with a Broad Stroke
Decron Properties made its initial entry into the Arizona real estate market with the acquisition of Broadstone Rio Salado, a… Read more
$4 Trillion in Stimulus Spending? Don’t Bet on It
President Biden’s ambitious stimulus programs—the $2.3-billion American Jobs Plan and the $1.8-trillion American Families Plan—have real estate investors contemplating the… Read more
Agile Workspace is Now “a Requirement for Major Landlords and Corporations Alike”
While demand for agility in office space selection increased in 2020, the average flexible workspace requirement size decreased by 29%,… Read more
Grove at McCormick Ranch Exits Slowdown With a Buyer
The challenges brought on by COVID affected many properties but the newly developed The Grove at McCormick Ranch was not… Read more
Grove at McCormick Ranch Exits Slowdown with a Buyer
The challenges brought on by COVID affected many properties but the newly developed The Grove at McCormick Ranch was not… Read more
Grocery-Anchored Rolling Hills Serves Steady Population in Tucson
With daily needs retail continuing to save the day in many commercial real estate properties, yet another grocery-anchored center was… Read more