Arizona
KKR Expands Metro PHX Footprint with $43M Goodyear Deal
New York-based KKR acquired a 263,000-square-foot industrial distribution property in Goodyear from developers, Provident Real Estate Ventures and Merit Partners,… Read more
MG Properties Boosts Phoenix Portfolio with $145M Acquisition
San Diego-based MG Properties Group acquired Andante Apartments in Phoenix from Seattle-based Security Properties for $145.25 million. The 576-unit apartment… Read more
Artis REIT Divests Phoenix HQ Facility for $27M
Canadian-Based Artis Real Estate Investment Trust sold a 130,282-square-foot industrial manufacturing/R&D asset in Phoenix to Mapleton Investments, a Los Angeles-based… Read more
Newmark Closes First Recapitalizations in Two-State, 3,700-Unit MF Portfolio
Newmark finalized the recapitalization of two Avanti Residential multifamily properties located in Metro Phoenix. Milestone Real Estate Investors V, LP,… Read more
108-Acre Glendale Site Sold, 2.25M-SF Development Planned
Canada-based WPT Industrial REIT acquired a 108-acre industrial development site in Glendale for $23.2 million with plans to develop Sarival… Read more
DPC Development Claims Chandler Office Park for $65M
Denver-based DPC Development acquired The Park at San Tan, a mixed-use business center in Chandler, from Boston-based TA Realty for… Read more
Sares-Regis Sells Ahwatukee MF for $65M
Salt Lake City-based Millburn & Company acquired Allegro at Foothills Gateway, a 264-unit apartment complex in Phoenix from Newport Beach,… Read more
Scottsdale Retail Center Trades for $52M
YAM Properties, a commercial real estate firm owned by GoDaddy founder Bob Parsons, acquired Pima Crossing, a 240,370-square-foot retail center… Read more
TruAmerica Expands Phoenix MF Portfolio with $80M Deal
Los Angeles-based TruAmerica Multifamily acquired Pointe at South Mountain Apartments in Phoenix from an entity tracing to Phoenix-based ConAm Group… Read more
Atlanta Firm Acquires 41 Acres, Plans Goodyear Spec Development
Atlanta-Based MDH Partners bought roughly 41 acres in Goodyear from Merit Partners for an undisclosed amount. The commercial real estate… Read more
PennyMac Establishes Phoenix Office Presence with Full-Building Lease
PennyMac, the fourth largest lender in the U.S., signed a 74,625-square-foot lease at 3201 E. Elwood St. in Phoenix. The… Read more
MCA Realty Enters Puget Sound Metro with First Acquisition
MCA Realty acquired Lakewood Business Park, a 136,350-square-foot multi-tenant industrial asset in Lakewood for $18.2 million. The deal marks the… Read more
Expanding Semiconductor Manufacturer Inks Office Lease with ViaWest
Phoenix-based ViaWest Group signed a 46,735-square-foot office lease with Taiwan Semiconductor Manufacturing Company (TSMC) at the Canyon Corporate Plaza office… Read more
Watermark Divests Gilbert Apartments for $84M
Salt Lake City-based TM Equities acquired Watermark at Gateway Place, a 250-unit Class A multifamily community in Gilbert for $84.35… Read more
Milestone Adds Pair of Metro Phoenix MF’s for $85M
Dallas-based The Milestone Group acquired two multifamily assets in the Valley of the Sun for a combined total of $85.2… Read more
NY Life, SteelWave Grab 74-Acre Glendale Site for 1.1M-SF Spec Development
New York Life Real Estate Investors, on behalf of an institutional client, and fellow San Francisco-headquartered SteelWave acquired a 74-acre… Read more
Scottsdale’s Diversified Drops $55M for Two PHX MF’s
Two multifamily properties in Phoenix traded hands for a combined $55 million. Ascent 1829 was acquired by an entity affiliated… Read more
Virtua Launches Glendale Opportunity Zone Development
Scottsdale-based Virtua Partners broke ground on V Townhomes at Manistee Ranch, a new Opportunity Zone development in Glendale. The 5.78-acre… Read more
Enclave at Arrowhead for Sells for $63M
Enclave at Arrowhead, a 240-unit multifamily community in Peoria, traded hands for $63 million. R&V Management and Wermers Properties divested… Read more