Arizona
Hines, Oaktree Set Groundbreaking Date for Phoenix Industrial Project
Hines plans to start construction next month on the initial phase of G303, a Class A industrial development in Glendale,… Read more
173-Unit MF Property in Phoenix Trades Hands for $13M
Los Angeles-based Stepp Commercial completed a $12.8 million acquisition of Ocotillo Apartments, a 173-unit apartment community in Phoenix. The buyer… Read more
Greystone Delivers $91M Refi for 1,406-Unit Tucson MF Portfolio
New York-based Greystone provided $91,279,000 in Fannie Mae Delegated Underwriting and Servicing (DUS) loans to refinance a 1,406-unit multifamily portfolio… Read more
Mike Gallegos Joins HFO MF Team in Portland
Portland-based HFO expanded its multifamily team with the addition of Mike Gallegos, who joins as Managing Director. He currently serves… Read more
Gregory Talcott Joins Caliber from Virtua
Scottsdale’s Caliber Cos. expanded its team with the addition of Gregory Talcott, who joins as SVP, Private Client. The investment… Read more
Marcus & Millichap Brokers $21M West Central Phoenix MF Asset Sale
Marcus & Millichap completed the $20.7 million sale of Desert Willow, a 280-unit multifamily property in Phoenix. Marcus & Millichap’s… Read more
Unico Solar Forms JV, Plans Pipeline of CRE Solar Projects
Unico Solar, a wholly-owned subsidiary of Seattle-based Unico Investment Group, formed a JV with Excelsior Energy Capital to add solar… Read more
CBRE Completes $2.7M Sale of Starbucks in Glendale
CBRE arranged the $2.66 million sale of a 2,400-square-foot, newly constructed single-tenant retail property leased to Starbucks at 5905 West… Read more
Greenlight Snags $23M Construction Loan for Phoenix Development
Scottsdale-based Greenlight Communities secured $22.9 million in construction financing and joint venture equity for the development of Cabana on 99th,… Read more
JLL Arranges $186M Financing for Metro Phoenix MFs
JLL Capital Markets arranged a refinancing totaling $185.63 million for a 1,439-unit portfolio of five multi-housing properties in Metro Phoenix.… Read more
Kidder Mathews Brokers 35-Acre West Phoenix Site
Midwest Land Trust acquired a 35-acre development site at El Mirage Road and Northern Avenue in Maricopa County for $2,600,000.… Read more
Admiral Capital Refinances Two Office Properties
Admiral Capital Group secured two loans totaling $41.3 million for the refinance of The Madison, a Class A office property… Read more
Carlyle Claims Four Mobile Home Parks in Mesa for $230M
Washington, D.C.-based The Carlyle Group acquired four Mesa mobile home parks for $230 million. The properties were built mainly in… Read more
Cush Claims North Scottsdale Office Asset for $30M
San Diego-based Cush Enterprises acquired Perimeter Parkview Corporate Center in north Scottsdale for $30 million or roughly $286-per-square-foot. The seller… Read more
SRS’ National Net Lease Group Completes $12M Sedona Sale
SRS Real Estate Partners’ National Net Lease Group completed the $11.7 million sale of The Collective Sedona, a 52,518-square-foot shopping… Read more
Colliers Closes $18M Industrial Portfolio Deal in Phoenix with Harrison
A 10-building portfolio of Phoenix properties located in the city’s original industrial core sold for $18 million or $50-per-square-foot. The… Read more
Stack Infrastructure Expands Data Center Footprint into Arizona
Denver-based Stack Infrastructure plans to expand its North American data center footprint in Phoenix with a new 79-acre site in… Read more
Nominate a Rising Star for Our 2020 Next Generation Awards
Connect Media’s third annual Next Generation Awards in 2019 shone the spotlight on 90 of commercial real estate’s most talented… Read more
Greystar Acquires Alliance Residential’s Property Management Business
Greystar Real Estate Partners has acquired the property management business of Alliance Residential Company for a reported $200 million. The… Read more