Arizona
Nathan Thinnes Joins Kidder Mathews’ Phoenix Office
Veteran commercial investment leader Nathan Thinnes joined Kidder Mathews’ Phoenix office as a SVP. He will work with investment team,… Read more
Phoenix Industrial Building Trades for Nearly $11M
JLL Capital Markets closed the $10.55 million sale of a 101,932-square-foot flex building located in Phoenix’s Southbank Business Park. An… Read more
CBRE Finalizes Multiple Industrial Deals
CBRE’s San Antonio office has completed several industrial deals recently. Among the largest of these were the following: • New… Read more
Leasing Momentum Continues at Sky Harbor Towers
Sky Harbor Towers, a two-building, 219,670-square-foot office project in Phoenix, continues to experience strong leasing activity. National Partners in Healthcare… Read more
Logan Capital Lands Second PHX Acquisition for Nearly $36M
San Diego-based Logan Capital Advisors acquired the Pacific Bay Club, a 192-unit multifamily community in Phoenix from Picerne Development for… Read more
Dalfen Partners with Goldman Sachs on Multi-State Industrial Deal
Dallas-based Dalfen Industrial will partner with Goldman Sachs Merchant Banking Division on a 46-property last-mile industrial portfolio. Financial terms of the… Read more
Evergreen Proposes Terraces at New River MF in Glendale
Bainbridge Island WA-based Evergreen Investment Company proposed developing a linear 16-acre site in Glendale west of the Loop 101 at… Read more
430-Acre Golf Resort Acquired for $30M, Development Planned
Gold Canyon MJ LLC, an entity associated with Marvin and Marge Klinker, acquired the Gold Canyon Golf Resort and Spa… Read more
ABI Multifamily Brokers Biltmore Area MF Sale for $7M
Monterosa Villas, a 19-unit garden-style property in Phoenix’s Biltmore area, has traded hands for $6.95 million. The deal works out… Read more
Nikola Breaks Ground on $600M Arizona Manufacturing Facility
Phoenix-based Nikola Corporation broke ground on a $600-million truck manufacturing facility in Coolidge, AZ. The global transportation leader in zero-emissions… Read more
CBRE Brokers $9M Chandler Industrial Property Deal
Canadian-based Ivanhoe/Evergreen acquired a 96,000-square-foot industrial building in Chandler from Boston-based Cabot Properties for $9.19 million. The property at 6615… Read more
Lee & Associates’ Andrew Cheney Breaks Down Phoenix Office Market
By Lee & Associates’ Andrew Cheney Q: How has the Phoenix market fared as the COVID-19 pandemic played out? A:… Read more
CIM Provides $96M Loan for Scottsdale’s Galleria Corporate Center
CIM Group closed on a $95.6 million bridge loan provided to Stockdale Capital Partners, the owner of Galleria Corporate Center… Read more
Five Below Plans $75M Distribution Center in Buckeye
Five Below plans to begin construction this year on a $75-million distribution center at the southwest corner of Miller and… Read more
Avari 354-Unit MF Development Advances in Avondale
Lervick Investments, LLC received city planning department approval for its proposed development of Avari Apartments, a 354-unit apartment community in… Read more
Leasing Activity Accelerates at Uptown Phoenix Property
George Oliver’s CASA Class A creative office redevelopment in Phoenix’s popular Uptown neighborhood continues to experience strong leasing activity, despite… Read more
Canopy by Hilton Readies to Make Debut in Scottsdale Old Town
Miller Global Properties is set to open the Canopy by Hilton Scottsdale Old Town in September. The seven-story, 177-room hotel… Read more
Orange County Investor Acquires Phoenix Facility as Upleg in 1031 Exchange
Orange County, CA-based Safe Harbor Exchange, Inc. acquired a freestanding 40,720-square-foot industrial/flex building in Phoenix from Scottsdale-based VJ Black Canyon… Read more
PEG Proposes $150M Redevelopment in Old Town Scottsdale
Provo, UT-based PEG Companies proposes to develop The Triangle, a $150-million mixed-use project in Scottsdale that would preserve the historic… Read more