Arizona
Shea Plaza’s Market Position Proves to be Pivotal
Shea Plaza, an 88,985-square-foot retail shopping center, recently sold to Phoenix-based Imagine Shea LLC for $9.85 million. Shea Plaza encompasses… Read more
Bipolar Ion Air Sterilization Surges in Popularity
In an effort to help mitigate the spread of COVID-19, Parallel Capital Partners Inc. has installed needlepoint bipolar ionization air… Read more
RPM Takes Giant Leap on NMHC 50
Austin-based RPM took a big leap on the Top 50 List of Apartment Managers by the National Multifamily Housing Council… Read more
Comunale Launches Construction Team for Chandler Connection
Marking its entry into the Phoenix industrial market, Denver-based Comunale Properties’ Chandler Connection is a 201,000-square-foot class-A industrial building immediately… Read more
Acquisition Positions American Roofing for Expansion
The Phoenix market had the best quarter on record for industrial net absorption in fourth quarter 2020, demonstrating the continuing… Read more
Thompson Thrift’s First Phase is Set to Open in Early 2022
Thompson Thrift Retail Group recently acquired the first parcel of a 15-acre master-planned development in Mesa. The first phase of… Read more
Erickson Companies Taps Into Chandler/Roseville Fervor
Erickson Companies recently acquired a multi-state portfolio from an undisclosed seller for $26.25 million. The industrial properties consist of a… Read more
Denver Packs a Punch with Big Data Influence
Denver continues to perform as a small market with a big data center punch. The metro doubled its data center… Read more
George Oliver Unveils Plans for Next Office Campus
Phoenix-based developer George Oliver recently unveiled plans for its next Arizona experiential office transformation: the five-building Hayden Station mixed-use office… Read more
The Porter Sells for $32M to Buyer Planning Upgrades
With population growth continuing in the Phoenix metro, multifamily demand and rents are following suit. One example of that type… Read more
Phoenix Ranks Prominently in New Housing, Industrial Development
Rapid growth in e-commerce has spurred demand for industrial product. As a result, the Phoenix MSA continues to rank near… Read more
Early Movers in Single-Family Rental, Berkadia Now Sees Keen Investor Interest
Although single-family rental is not a new concept, interest in this product type has mushroomed over the past couple of… Read more
JV Closes on Industrial Developments in PHX/DFW
CA Industrial, in a joint-venture partnership with DWS, recently closed on industrial developments in Phoenix and Dallas. The Phoenix site… Read more
Former Lockheed Martin Campus Pulls in Eight Leases in Four Months
Flite Goodyear, the former home of Lockheed Martin and Arizona’s new campus for innovation, completed eight office spec suite leases… Read more
Last Chance: Nominate a Rising Star for Our Fifth Annual Next Generation Awards
Connect Media’s fourth annual Next Generation Awards in 2020 shone a light on more than 100 of commercial real estate’s… Read more
Last-Mile Distribution Center Fetches High PSF Price
Investors are bullish on growth markets and a last-mile distribution center in Tempe is proof of that. The 145,872-square-foot facility… Read more
Data Centers Stay at the Forefront as LA Remains Critical Connectivity Point
Southern California ranks among the top 10 U.S. data center markets due to demand from the entertainment and financial industries… Read more
Can a Data Center Market Be Too Healthy?
The Phoenix data center market is almost exceedingly healthy, with demand outpacing supply, says Mark Bauer, JLL managing director. That… Read more
Calgary’s APEL Relocates to $100 Million HQ Facility
Calgary-based APEL Extrusions recently purchased 22.6 acres at the southeast corner of the new Loop 202 Freeway and Lower Buckeye… Read more