Arizona
Amazon Acquires 92 Acres in West Valley
Amazon.com Inc. acquired a 91.5-acre parcel of land in Goodyear, reportedly for $19.85 million. The seller was California-based Rados Properties.… Read more
Fairfield Claims Newly Built Tempe MF for $73M
Fairfield Residential acquired Jefferson Town Lake, a 244-home, 1.6-acre luxury apartment community in Tempe from Irving, TX-based JPI, reportedly for… Read more
Amazon Launches Neighborhood Health Centers Pilot with Crossover
Seattle-based Amazon.com Inc. unveiled a health care pilot with Crossover Health to establish local, convenient health centers near Amazon fulfillment… Read more
CBRE Secures $22M in Acquisition Financing for Cold Storage Facility in Phoenix
CBRE Capital Markets Debt & Structured Finance arranged a $22 million loan for the acquisition of a 285,022-square-foot cold storage… Read more
Ryan-Led JV Delivers Third Phase of ASU’s Novus Innovation Corridor
Ryan Companies along with JV partner University Realty LLC, completed 777 Tower at Novus Innovation Corridor, a six-story, multi-tenant office… Read more
Builderz Warehouse Breaks Ground on Phoenix Distribution Center
Builderz Warehouse is expanding its footprint in Phoenix with a new $5-million distribution center. The 40,000-square-foot facility will be built… Read more
Greenlight Communities Breaks Ground on 244-Unit MF in Mesa
Scottsdale-based Greenlight Communities broke ground on Cabana on Power, a 244-unit multifamily development in Mesa. The site is located at… Read more
CapRock Claims Another Industrial Asset in Phoenix
Newport Beach, CA-based CapRock Partners acquired a newly constructed industrial building at 4615 W. McDowell Rd. in Phoenix, reportedly for… Read more
Merit Affiliate Acquires 83 Acres Near Sky Harbor, Plans 900K-SF Industrial Park
An entity formed by Phoenix-based Merit Partners acquired 83 acres of land in Phoenix and plans to construct a brand… Read more
Andrew McDonald Steps into Americas Chief Executive Role at Cushman & Wakefield
Cushman & Wakefield tapped Andrew McDonald to take over the helm of the Americas for the global commercial real estate… Read more
Evergreen Expands Phoenix Portfolio with Invesco Deal
Phoenix-based Evergreen Devco, Inc. acquired Chandler Pavilions, a 163,594 square-foot high traffic retail center in Chandler from Invesco for $10.52… Read more
Hunt Provides $24M Fannie Mae Loans for AZ Manufactured Housing Communities
New York-based Hunt Real Estate Capital provided three Fannie Mae conventional loans totaling $24.2 million for manufactured housing communities (MHCs)… Read more
Ryan Elevates Alisa Timm to New Leadership Role
Ryan Companies promoted Alisa Timm, CPM to VP of Management for its Southwest region in Phoenix. Timm previously served as… Read more
NY, NJ, CT Double Roster of States with Quarantine Mandate
The governors of New York, New Jersey and Connecticut on Tuesday doubled the number of states under a travel advisory… Read more
Knightvest Capital Claims Phoenix MF from Epoch
Dallas-based Knightvest Capital acquired Capital Place apartments in Phoenix from Winter Park, FL-based Epoch Residential. The property at 11 S.… Read more
Watermark Launches 216-Unit MF Development in Gilbert
Indianapolis-based Watermark Residential, a wholly owned affiliate of Thompson Thrift, acquired 10 acres of land in Gilbert, AZ. The company… Read more
Oregon Gov. Brown Extends State of Emergency, Eviction Ban to September
Oregon Governor Kate Brown on Tuesday extended her declaration of a state of emergency regarding COVID-19 for an additional 60… Read more
USAA Postpones Reopening of Offices
Following the recent surge in COVID-19 cases in states where it operates, USAA has postponed the date for workers to… Read more
It’s Time to Nominate an Up-and-Coming Industry Leader
Today’s the due date for submitting nominations for our annual Next Generation Awards. Industry response to our request has been… Read more