Arizona
Seattle Ranks Highly in CBRE’s Annual Tech-30 Report
CBRE’s annual Tech-30 report shows tech employment has proven resilient during the pandemic. The tech industry’s share of U.S. office-leasing… Read more
Kennedy Wilson Completes $200M of MF Acquisitions in Arizona, Colorado
Beverly Hills, CA-based Kennedy Wilson and various investment vehicles managed by the firm acquired a trio of multifamily assets totaling… Read more
Additional Renter Relief Available as Arizona Eviction Ban Ends
Two key Arizona housing and rental relief funds are set to receive another $7 million injection from the state’s Crisis… Read more
Wood Partners Plans MF Development in Chandler
Atlanta-based Wood Partners submitted plans for Alta Chandler at the Park, a 293-unit multifamily development in Chandler. The four-story, three-building… Read more
Next Wave Refi’s PHX Apartments for $21M
Southern California-based Next Wave Investors secured a $21.285 million refinancing for Westover Parc, a 160-unit, multi-housing property in Phoenix. The… Read more
Passenger Counts Climb at Sky Harbor
Total passenger counts at Phoenix Sky Harbor International Airport continued to rise for the fifth straight month. The airport reported… Read more
Southwest Will Make O’Hare Debut with 20 Flights
Southwest Airlines Co. will initially fly 20 daily flights out of Chicago O’Hare International Airport beginning in February 2021, the airline… Read more
Arizona to Auction 1,128-Acres in North Phoenix for Employment Hub
The Arizona State Land Department is set to auction 1,128 acres in north Phoenix on Nov. 2. The site at… Read more
Bird Dog Industrial Buys Mesa Land, Plans 330K-SF Development
Phoenix-based Bird Dog Industrial acquired roughly 19 acres in Mesa’s Gateway area for $5.8 million and plans to develop Power… Read more
Cypress West Claims Phoenix MOB, Boosts AZ Portfolio
Cypress West Partners acquired a pair of single-story medical office buildings at 2264 and 26232 N. Tatum Blvd. in Phoenix.… Read more
Arizona’s Molly Ryan Carson Selected as 2021 Chair of NAIOP Corporate Board
Arizona-based Molly Ryan Carson was selected as Chair of NAIOP’s Corporate Board for 2021. Carson, SVP of Real Estate Development… Read more
Greystone Provides $18M for Oro Valley MF
New York-based Greystone provided $18 million in HUD-insured financing for Oro Vista Apartments, a 138-unit multifamily property in Oro Valley,… Read more
North Scottsdale Lofts Redevelopment Signs Anchor Tenant
Scottsdale-based George Oliver and Vancouver-based Kootenay Holdings signed a new anchor tenant lease with Solidifi Title & Closing at LOFTS… Read more
Kennedy Wilson Acquires Tempe MF for Nearly $70M
Los Angeles-based Kennedy Wilson Multifamily acquired Apache Station Apartments in Tempe for $69.75 million. Danville, CA-based Green Leaf Partners sold… Read more
Newly-Built Garden-Style Phoenix MF Goes for Nearly $35M
Elux at Tramonto, a 138-unit garden-style multifamily property in Phoenix, traded hands for $34.7 million. Scottsdale-based Snowdon Partners divested to… Read more
Kidder Mathews Handles Tempe Office Center Deal
Tempe Office Center, a two-building, 24,381-square-foot business park located at 950 W. Southern Ave. and 3225 S. Hardy Dr. in… Read more
Western Wealth Cuts $117.5M Deal with Bridge for Tempe MF
Canadian investor Western Wealth Capital acquired Onnix Apartments, a 659-unit multifamily property in Tempe for $117,500,000. The seller was Salt… Read more
CBRE GI Fund Acquires 3-Building Portfolio
NAI Hiffman brokered the sale of a three-building industrial portfolio in the western Chicago suburb of Bartlett, IL and Phoenix. The… Read more
Apartment Fundamentals Rebound from Shaky First Half of 2020
From the standpoint of investor demand, the apartment sector remains at or near the top of the class, rivaled only… Read more