Arizona
ViaWest Divests Final Property in SW Industrial Portfolio
Phoenix-based ViaWest Group sold ViaWest Sky Harbor Industrial to Austin-based Pennybacker Capital for $11.2 million. The 89,423-square-foot property is located… Read more
$192M ASU Sustainability Research Facility Hits Construction Milestone
Arizona State University’s new $192-million Interdisciplinary Science and Technology Building 7 (ISTB7) reached a key construction milestone and has topped… Read more
Bridge Investment Group Bags Pair of Tucson MF’s for $90M
Institutional Property Advisors’ (IPA), a division of Marcus & Millichap, brokered the sale of a two-property multifamily portfolio in Tucson… Read more
Opus Unloads Mesa Industrial for $36M
The Opus Group sold a 146,107-square-foot industrial building in Mesa to an entity affiliated with New York-based Lexin Capital for… Read more
Knightvest Acquires Shade at Desert Ridge for $87M
Dallas-based Knightvest Management acquired Shade at Desert Ridge from an affiliate of Canada’s The Ergas Group for $87 million. The… Read more
Irvine Investor Secures Financing for Nearly 1M-SF Industrial Portfolio
Irvine-based The Moulton Company secured a $69-million loan for a four-property industrial portfolio totaling 991,634 square feet across the southwestern… Read more
Sares-Regis Sells Phoenix Apartment Community for $90M
Alanza Place Apartments in Phoenix traded hands for more than $90 million. The 360-unit multifamily asset was acquired by a… Read more
McShane Construction’s Jeff Raday Stepping Down
After serving as president of McShane Construction Company for 22 years, Jeff Raday will retire at the end of the… Read more
Opus Commences Construction on Goodyear Spec Industrial
Minneapolis-based The Opus Group commenced construction on Goodyear Airport 85, a 275,000-square-foot speculative industrial development in Goodyear. The vacant 19-acre… Read more
Downtown Chandler MXU Trades for $12M
Overstreet, a fully leased, Class A mixed-use office and retail development in downtown Chandler traded hands for $12.3 million. The… Read more
Millburn Acquires PHX’s Parc South Mountain for $60M
Salt Lake City, UT-based Millburn & Company acquired Parc South Mountain, a 258-unit multifamily property in Phoenix from Phoenix-based Evergreen… Read more
TriWest North Phoenix HQ Campus Sold for Nearly $20M
TriWest Corporate Headquarters Campus, a four-building office property in Phoenix’s Deer Valley, was acquired by Florida-based Phoenix AZ Holdings LLC… Read more
Lawyers in Real Estate 2020: Radler White’s Dina Alexander
Founding partner Dina E. Alexander of Portland, OR law firm Radler White Parks is described as an “outstanding negotiator and… Read more
Lawyers in Real Estate 2020: Snell & Wilmer’s Christopher Fahrendorf
As a counsel at Phoenix-based law firm Snell & Wilmer, Christopher Fahrendorf’s practice is concentrated in the area of commercial… Read more
Communications Equipment Firm Relocates, Expands to Chandler Tech Center
Comtech EF Data claimed a full building at the Chandler Tech Center in Chandler. The supplier of communications equipment, which… Read more
Kevin Rude Elevated to Colliers’ Southwest Leadership Role
Colliers U.S. plans to continue the growth of its Real Estate Management Services (REMS) business with the promotion of industry… Read more
Crescent Claims Gilbert Land, Plans 317-Unit MF Development
Charlotte, NC-based Crescent Communities, LLC acquired of 8.61 acres at Val Vista Square in Gilbert with plans for Novel Val… Read more
Westcore Acquires 45 Acres for Goodyear Build-to-Suit Distribution Center
San Diego-based Westcore acquired roughly 45 acres in Goodyear from First Industrial for $11.2 million. Westcore plans to break ground… Read more
RREEF’s DWS Group Grabs PHX MF for $123M
An entity tracing to Chicago-based RREEF Property Trust’s DWS Group acquired Maxwell on 66th in Phoenix from an affiliate of… Read more