Arizona
Nominate a Rising Star for Our Fifth Annual Next Generation Awards
Connect Media’s fourth annual Next Generation Awards in 2020 shone the spotlight on more than 100 of commercial real estate’s… Read more
Industrial Outdoor Ventures Forges JV with Stockbridge
Schaumburg, IL-based Industrial Outdoor Ventures (IOV), reportedly the first national real estate investor focused exclusively on outdoor storage facilities, and its equity sponsor… Read more
Luby’s Completes Sale of Nine Fuddruckers
Luby’s Inc. completed the sale and franchising of its previously owned Fuddruckers store located on Town and Country Way in… Read more
South Tempe Industrial Gets High Marks in Off-Market Sale
Elliot Park 10, a 95,300-square-foot multi-tenant industrial asset in Tempe, was recently purchased in an off-market transaction for $10.5 million.… Read more
Austin-Round Rock Tops NAR’s Commercial Markets List
The National Association of Realtors identified the top 10 commercial real estate markets for 2021. Austin-Round Rock made the top… Read more
Surprise: Another Month, Another SFR Development
Tower Capital recently arranged a programmatic joint venture with an institutional private equity firm, which resulted in $50 million in… Read more
Glendale Industrial Goes for Highest PSF in Phoenix History
The Loop 101 Corridor of the West Valley is underserved by industrial product, but a recent sale puts a dent… Read more
Reunion Rehab Hospital Tops Off
The superstructure of Reunion Rehabilitation Hospital Phoenix recently topped off, officially reaching the construction midpoint. Reunion Rehabilitation Hospital Phoenix is… Read more
BrightView’s Donnelly Sees “Challenging” 2021 for Development, Construction
BrightView Landscape Development’s president, Thomas C. Donnelly, shares insights for 2021. The Blue Bell, PA-based landscape contractor has more than… Read more
Expansion Doubles Banner Gateway Med Center
McCarthy Building Companies recently broke ground on the $243 million 351,000-square-foot Banner Gateway Medical Center Tower and Emergency Department expansion/renovation… Read more
Amenities Abound at Central Corridor Office Tower
Preparing for a 2021 return-to-the-office, Phoenix-based property management leader Arcadia Management Group, on behalf of building owner Bow River Capital,… Read more
Build-to-Rent Concept is Not Slowing Down in Phoenix
Construction financing totaling $62 million was obtained for Bungalows on Cotton Lane, a new 336-unit single-story build-to-rent community situated on… Read more
Riverside Ranks in Top Three Multifamily Markets
Radix compiled real-time data for the last 12 months on millions of units on its platform for the entire country.… Read more
Montreux in Phoenix’s Desert Ridge Community Goes for $117M
Montreux, a 335-unit mid-rise apartment asset in the Desert Ridge master-planned community of Phoenix, recently sold for $117 million, which… Read more
Pintar and Suncrest Partnership Acquire OZ Land in Phoenix
Pintar Investment Company and Suncrest Real Estate & Land recently acquired an 8.68-acre Opportunity Zone parcel in Phoenix. The partnership… Read more
Single-Family Build to Rent Product is Gaining Momentum
A 141-unit low density single-family and build-for-rent community located at 27441 N. Black Canyon Highway in Phoenix recently sold for… Read more
Property Managers RPM and CF Merge into RPM Brand
Austin-based RPM (formerly known as Roscoe Property Management) and Atlanta-based CF (CF Real Estate Services) have merged. The firm will… Read more
Residents Look to Phoenix Infill Locations
Ara Residences, a newly constructed 50-unit townhome community in Phoenix, recently sold to Luna Bear ARA Residences LLC, a California… Read more
Tolleson 107 Bolsters TCC’s Growing PHX Logistics Portfolio
Consistent user demand for a specific type of class-A logistics product led to the acquisition of a 25-acre site in… Read more