Arizona
PCCP Provides $39M Construction Loan for Glendale Apartment Project
PCCP has provided a $39.4 million senior loan for the ground-up development of Acero Glendale, a 352-unit, garden-style apartment project… Read more
FCP Enters Phoenix Market via $72M MF Acquisition
Los Angeles-based Tides Equities LLC brought a new equity partner for the $71.5 million acquisition of Tides at South Tempe.… Read more
Leading Office Brokerage Team Moves to JLL Phoenix
The Phoenix office of JLL snagged leading office market brokers Ryan Timpani and Nick Bialkowski, who join the commercial real… Read more
Nearly 400K-SF MXU Office, Industrial Development Underway in Glendale
Phoenix-based Creation commenced development on Northern 101 Commerce Center, a 388,621 square-foot industrial and office space on a nearly 30-acre… Read more
Scottsdale Development Site Sold for Nearly $7M
A Scottsdale-based development team bought a 1.9-acre infill site in north Scottsdale for $6.65 million with plans to redevelop it… Read more
Matthews Expands Footprint into Phoenix
Matthews Real Estate Investment Services opened a new office in Old Town Scottsdale to grow the firm’s presence in the… Read more
Lincoln Property, Harvard JV Raises Final Beam at Union Building One
Lincoln Property Company (LPC) and Scottsdale-based Harvard Investments placed the final beam at Union Building One, the first of four… Read more
Michael Kron Acquires Newport Beach-Based NNN Investment Fund
Michael Kron acquired a majority interest in Newport Beach-based Guardian Advisory, LLC. The boutique real estate investment company controls and… Read more
Westcore, Opus Building 720K-SF Industrial Project in Avondale
San Diego-based Westcore teamed with The Opus Group to develop a 720,000-square-foot, three-building industrial project on 51 acres of land… Read more
American Life Selected for 1M-SF Peoria MXU Development
Seattle-based American Life, Inc. reached an agreement with the City of Peoria to move forward on Stadium Point at P83,… Read more
HCW Commences Construction on First Caesars Non-Gaming Hotel
Branson, MO-based HCW and Caesars Entertainment Corporation launched construction on Caesars Republic Scottsdale, a 265-room hotel at 4747 N Goldwater… Read more
Rare Biltmore Value-Add Apartment Community Divested
Turney Place Apartments, a 28-unit garden-style property in Phoenix, traded hands for $3.95 million. Built in 1960, the asset presents… Read more
LMC Delivers 300-Unit MF Overlooking Scottsdale Quarter
LMC opened Vitri, a 300-unit contemporary mixed-use apartment community in the heart of Scottsdale. The mid-rise project also includes 38,000… Read more
NorthMarq Secures $74M in Financing for Spec Office Development in Chandler
An affiliate of the Douglas Allred Company secured $73.5 million in financing for the speculative development of a 300,000-square-foot Class… Read more
SRS Negotiates Sale of Old Town Scottsdale Retail Building
SRS Real Estate Partners completed the sale of a multi-tenant building located at 4280 N. Drinkwater Blvd. in Scottsdale on… Read more
CBRE Brokers Single-Tenant Retail Property Sale in Scottsdale
CBRE arranged the $2.14 million sale of 16420 N. Scottsdale Rd., a 1,700-square-foot single-tenant retail property leased to The Coffee… Read more
Scottsdale’s Wells Fargo Gainey Center Claimed by NY Investor
AREA Exchange Asset III, LLC, an affiliate of New York City-based Ascent Real Estate Advisors, acquired Wells Fargo Gainey Center,… Read more
Finance Experts Outline CRE Lending Opportunities Ahead Despite COVID-19
By Dennis Kaiser Connect Commercial Real Estate’s Los Angeles Finance webinar, held earlier this week with a group of CRE… Read more
Put the Spotlight on Your Company’s Rising Stars
Response has been strong to Connect Media’s call for nominations in our fourth annual Next Generation Awards. However, we know… Read more