Arizona
Rosendin Electric Gets Lease Zap at Power 202 Business Park
Power 202 Business Park is a new 330,000-square-foot class-A industrial park located at 4617 S. Power Rd. in Mesa with… Read more
Southeast PHX Distribution Center Benefits from SE Valley Location
The Southeast Valley has collectively been the target of more corporate relocations than any other region of metro Phoenix. Newly… Read more
TruAmerica Lands Two Multifamily Assets for $196M
After closing on two garden-style communities in Nashville and Phoenix in separate transactions totaling $196 million, TruAmerica Multifamily has added… Read more
Multiple Bids Go for Rare Net-Lease Offering
Glendale’s population has increased 13 percent since 2000 from its perch some 10 miles northwest of Phoenix. One of its… Read more
Strategic Locations Rank High in Lending Appetite
Elevate 24 is a 323,251-square-foot class-A office property located at 4722-4742 N. 24th St. in Phoenix, one of several of… Read more
Hanley Closes Sale of 100%-Occupied Carpentersville Retail
Hanley Investment Group Real Estate Advisors completed the sale of a 100%-occupied, 11,035-square-foot multi-tenant retail property shadow-anchored by a Home Depot in Carpentersville,… Read more
We’re Looking for More of This Year’s Top Mortgage Brokers and Lenders
Response to date has been strong for Connect Commercial Real Estate’s first-ever Top Mortgage Brokers and Lenders awards program. However,… Read more
Terrace Park is the Second-Highest Sale of the Past Year
The recent $37.86 million sale of Terrace Park Apartments located at 8130 W. Indian School Rd. in Phoenix represented the… Read more
VillageMD Finds Value in Local Clinics After COVID
VillageMD is continuing its commitment in Houston to increase access to quality healthcare with new Village Medical clinics in Houston,… Read more
Phoenix Continues to Rank High for Job Growth, Industrial
The Phoenix MSA has ranked among the top five cities in the nation for job growth since 2017 and forecasts… Read more
7-Eleven Signs Agreements with Three Separate Buyers
7-Eleven Inc. has signed definitive agreements to sell 293 Speedway and 7-Eleven stores to three separate buyers. This follows the… Read more
Financing Paves Way for Q122 Gateway 303 Completion
Financing was recently secured for MDH Partners’ Gateway 303, a two-building industrial development located within a master-planned industrial park along… Read more
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