Arizona
Paradise Valley Plaza Picked Up by Montana Investor
Billings, MT-based Cloud Peak Development, LLC acquired Paradise Valley Plaza in Paradise Valley from Solana Beach, CA-based Fenway Capital Advisors… Read more
Capital Square Hires Nick Headley as Senior VP
Richmond-based national investment sponsor Capital Square has hired Nick Headley as senior vice president of central sales. In his new… Read more
Harrison Street-Ryan-LCS JV Launches PHX Senior Living Project
Harrison Street, LCS and Ryan Companies secured financing to begin development of Clarendale Arcadia, a 248-unit senior living community in… Read more
Optima Opens 12-Story Kierland Resi Tower in North Scottsdale
Optima opened the 12-story, luxury apartment tower, 7140 Optima Kierland, in North Scottsdale. The property is comprised of 213 units… Read more
Cortland Claims Tempe’s MetroPointe Apartments for Nearly $100M
MetroPointe Apartments, a 415-unit multifamily property in Tempe, sold for $96.75 million. The buyer was Atlanta-based Cortland while the seller… Read more
CommonSpirit Claims MOB Space for Expanded COVID Testing
Stockdale Capital Partners signed a 9,727-square-foot, long-term lease to bring a CommonSpirit Health Reference Lab to Scottsdale. The deal will… Read more
Mattress Manufacturer Pre-Leases Merit, First Industrial Asset in Goodyear
PV 303 industrial park developers Merit Partners and First Industrial Realty Trust are shifting into the home stretch of development… Read more
RealPage’s Greg Willett: “Apartment Demand is Back”
U.S. rental apartment leasing rebounded strongly in the third quarter, RealPage said Thursday. The occupied apartment count climbed by 146,517… Read more
Trammell Crow, Principal Deliver Gilbert Gateway Commerce Center
Trammell Crow Company (TCC) and Principal Real Estate Investors delivered Gilbert Gateway Commerce Center, a 416,575-square-foot, three-building, Class A industrial… Read more
It’s Time to Nominate CRE’s Most Influential Women
The deadline is fast approaching to nominate candidates for our fourth annual Women in Real Estate Awards. We’re looking for… Read more
Landmark Phoenix Office Trades for $17M
The Fordham office complex in Phoenix traded hands for $16.75 million. The buyer was Corona, CA-based PE, LLC, while the… Read more
SKB, Black Salmon Kick Off Final Phase of 31-Story PHX Tower Revitalization
ScanlanKemperBard (SKB) and capital partner Black Salmon launched the final phase of renovations at 101 North, the second-tallest high-rise in… Read more
HNTB Taps Savills as Real Estate Advisor
Kansas City, MO-based HNTB Corporation, an infrastructure solutions firm providing engineering, architecture and planning services, selected Savills as its exclusive real estate… Read more
Barclay, W.M. Grace Break Ground Speculative Glendale Logistics Facility
Phoenix-based Barclay Group and Scottsdale-based W.M. Grace Companies launched construction on 303 Logistics, a speculative, 349,663-square-foot Class A industrial building… Read more
David Brown Joins Transwestern in Tenant Advisory, Workplace Solutions Role
Transwestern Real Estate Services (TRS) continues to expand its Phoenix footprint with the addition of David Brown as Executive Managing… Read more
FCP Executes Second PHX Buy with $77M Mill Ave. Deal
Chevy Chase, MD-based FCP acquired Solara at Mill Avenue, a 515-unit apartment community in Tempe, through a joint venture with… Read more
PAC to Sell Student Housing Portfolio to TPG for $479M
Atlanta-based Preferred Apartment Communities has announced that it has entered into an agreement to sell its student housing portfolio to… Read more
Keystone Plans 224-Acre Innovation Centre MXU in Goodyear
New York-based Keystone Equities LLC plans to develop Innovation Centre, a nearly 224-acre master-planned community in Goodyear. The company is… Read more
Westmount Claims Second MF Asset in Arizona
Dallas-based Westmount Realty Capital acquired Urban Trails at the District, a two-story, garden-style apartment community in Mesa for $24 million.… Read more