Arizona
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
Lincoln Property Divests Tempe DoorDash-Leased Asset for $188M
Lincoln Property Company (LPC) sold Grand2, a 358,000-square-foot Class AA office building in Tempe to Apex Capital Investments Corporation for… Read more
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