Arizona
Lennar Acquires Nearly 67 Acres for Northern Crossing Maricopa Development
Land Advisors Organization of Metropolitan Phoenix completed the sale of 279 lots in Northern Crossing Maricopa to Lennar Arizona, Inc.,… Read more
Kidder Mathews Brokers 143-Acre Arizona Land Deal
Phoenix-area investor and developer Southern Cross, LLC acquired a 143-acre development site in Casa Grande, AZ for $1.5 million. The… Read more
Orange County Real Estate Icon, Ronald E. Birtcher, Passes Away
Orange County native Ronald E. Birtcher passed away peacefully at his Napa home, surrounded by his wife and children, on… Read more
Report: Industrial Looks Like a Smart Play in the Current Environment
As national stay-at-home orders have shifted much of the economy toward a delivery model, the negative implications have been broadly… Read more
CBRE Sells Two Phoenix Multifamily Properties to California Investors
CBRE arranged the sales of two Phoenix apartment communities to California buyers. Combined, the deals totaled nearly $12 million. NDX… Read more
Governor Clarifies Plan to Open Retail Stores in Arizona
Arizona Governor Doug Ducey and the Arizona Department of Health Services clarified guidelines for retail business planning to open. The… Read more
ASU’s W. P. Carey School of Business Hosts 2020 Economic Outlook Webinar
Top experts from Arizona State University’s W. P. Carey School of Business will gather virtually this year to present the… Read more
Pair of Phoenix Metro Industrial Assets Trade Hands
Commercial Properties, Inc./CORFAC International completed the sale of two industrial properties, an industrial warehouse in Phoenix and an industrial condo… Read more
Denver Investor Picks Up Phoenix Industrial from BKM
Denver-based DPC Companies acquired a fully-occupied freestanding industrial building in Phoenix from Orange County-based BKM Capital Partners. The 35,403-square-foot property… Read more
KB Investment Development Claims Mesa’s Superstition Canyon Apartments
Newport Beach, CA-based KB Investment Development added Superstition Canyon, a 200-unit Class A low-density garden community in East Mesa, to… Read more
Arizona Business Leaders Submit Plans to Governor for Reopening Economy
Arizona business and industry leaders are submitting input for consideration, as the state figures out plans to reopen its economy.… Read more
ABI Brokers $26M East Phoenix Multifamily Deal
Phoenix-based ABI Multifamily closed the $26.45-million sale of the Monterey Village Apartments in Phoenix, AZ. The unnamed buyer is a… Read more
Land Advisors Sells 23-Acre Site in Surprise for MF Development
Land Advisors Organization Scottsdale sold a 22.99-acre site in Surprise that is planned for Trugold, a 245-unit multifamily development. The… Read more
Glendale AZ’s Metro at Zanjero Apartments Sell for $55M
San Diego-based Sunroad Enterprises acquired Metro at Zanjero, a 253-unit multifamily community in Glendale, AZ from Private Portfolio Group for… Read more
Downtown Phoenix Site Trades for Record $14M
Phoenix-based Glasir Capital Partners acquired 1.83 acres at 601 N. Central Ave. in downtown Phoenix for $14 million. Honeylou Reznik… Read more
Velocis Snags $34M Refi for Camelback Corridor Asset
CBRE Capital Markets Debt & Structured Finance arranged a $33.84-million loan for the refinancing of Park One, a 217,433-square-foot Class… Read more
Modular Builder Expanding Factory Footprint to Phoenix Area
Palo Alto, CA-based S2A Modular plans to build a $25 million facility in the Phoenix area in 2021. The sustainable… Read more
Leasing Momentum Continues at Midtown’s Park Central Mall Redev
District Medical Group’s Children’s Rehabilitative Services renewed a 56,000-square-foot lease at Park Central Mall in midtown Phoenix. The first large-scale… Read more
Bela Flor Proposes 80-Acre MXU Development in Mesa
Mesa-based Bela Flor Communities submitted development plans for Mountain Vista in Mesa. The 80-acre site at Signal Butte Road and… Read more