Arizona
Chandler Multifamily Community Claimed for $91M
Riata, a newly-constructed, 300-unit apartment complex in Chandler, sold for $91 million. The buyer was an entity tracing to Idaho-based… Read more
JLL Income Property Trust Secures Financing for PHX Multifamily
Chicago-based JLL Income Property Trust secured $36 million in financing for Summit at San Marcos, a recently-developed 273-unit apartment community… Read more
Harsch Lands Scottsdale Airpark Asset
Evans Airpark Center, a 120,433-square-foot, multi-tenant industrial park situated on 10 acres in Scottsdale, traded hands for $17.65 million. The… Read more
Pandemic Accelerates Migration to Arizona
Relocations into Arizona are accelerating as the COVID-19 pandemic persists. Research by CBRE shows residents inbound from the California represented… Read more
Cohen Divests Metro PHX Portfolio for $45M
Los Angeles-based Cohen Asset Management sold a Class A industrial portfolio totaling 292,185 square feet in the Phoenix area to… Read more
Inland Acquires Glendale Multifamily for $83M
Oak Brook, IL-based Inland Real Estate Group acquired a 313-unit multifamily property in Glendale from an entity affiliated with Mesa-based… Read more
Westcore Breaks Ground on Three-Building Spec Industrial Park in Avondale
San Diego-based Westcore broke ground on a 720,000-square-foot, three-building industrial campus in Avondale. Named Fairway 10, the development is located… Read more
PNC to Pay $11.6B for Houston-Based BBVA USA
The PNC Financial Services Group and Banco Bilbao Vizcaya Argentaria, S.A. have signed a definitive agreement for PNC to acquire… Read more
Maricopa County Study Shows COVID-19 Infections More Widespread
A new antibody study by the Maricopa County Department of Public Health, Arizona State University and Mayo Clinic found that… Read more
Barker Pacific Bags Phoenix Self-Storage Facility
Los Angeles-based Barker Pacific Group acquired a 935-unit self-storage property in Phoenix from Hawkins Company Commercial Developers for $14.25 million.… Read more
Lexington Realty Divests Stake in Dow Chemical’s Lake Jackson Offices
Single-tenant REIT Lexington Realty Trust sold its interest in the Dow Texas Innovation Center in Lake Jackson for $192 million.… Read more
JLL Secures $84M in Financing for Six-Property Southeast Industrial Portfolio
JLL has secured $84.3 million in post-acquisition financing for a six-property industrial portfolio totaling 1.5 million square feet in the… Read more
Co-Living’s Success is Market-Agnostic
Leading indicators point to continued demand from co-living’s young, target demographic despite the ongoing public health and economic crisis, Cushman… Read more
TPG Real Estate Claims Tempe MF from Preferred for $58M
An entity affiliated with San Francisco-based TPG Real Estate acquired Regents on University in Tempe from Atlanta-based Preferred Apartment Communities… Read more
Women in Real Estate 2020: Logic’s Natalie Wainwright is a Leader for Women’s Rights
Natalie Wainwright is a leading tenant rep office broker in Las Vegas, where she serves as Vice President at Logic… Read more
Women in Real Estate 2020: Berkadia’s Adrienne Kautzman Creates Solutions for Lenders and Borrowers
Adrienne Kautzman has served as a Director at Berkadia in Scottsdale for four years and has elected to anchor her… Read more
Women in Real Estate 2020: Berkadia’s Monica Newman Has Amassed Impressive Track Record
Monica Newman is a Managing Director in Denver with Berkadia, where she serves in the HUD/FHA financing sector for multifamily,… Read more
Women in Real Estate 2020: Black Creek Group’s Stefanie Sommers is Exceptional CRE Attorney
Black Creek Group’s Stefanie Sommers is an exceptional and entrepreneurial commercial real estate attorney. She serves as Vice President and… Read more
Women in Real Estate 2020: Colliers’ Kathy Foster Stays Ahead of Emerging Trends
Colliers International’s Kathy Foster competes by staying ahead of emerging trends in commercial real estate, whether that be sustainability efforts,… Read more