Arizona
George Oliver Adapts Downtown Chandler Redevelopment in Response to COVID
Phoenix-based George Oliver is making adjustments to The Alexander in downtown Chandler to accommodate needs in COVID-19 pandemic era. The… Read more
Omar Rawi Leaves Greystar for LPC West
In a move to drive its expansion into the mixed-use sector, LPC West hired real estate industry veteran Omar Rawi… Read more
Kidder Mathews Leases-Up Goodyear MOB Following Maytag Store Conversion
Cornerstone Medical Center is now fully leased, following four deals at the repurposed former Maytag appliance store in Goodyear. The… Read more
TSB Lines Up Senior Financing on Timber-Framed Cleveland Tower
TSB Capital Advisors, based in Phoenix, arranged an undisclosed amount of financing for Harbor Bay Real Estate Advisors’ INTRO multifamily… Read more
DAUM Directs Three Industrial Acquisitions in Greater Phoenix Area
DAUM Commercial Real Estate Services completed three acquisitions of industrial properties totaling nearly 60,000 square feet in the greater Phoenix… Read more
CBRE Secures $28M for Scottsdale’s Shops at Gainey Village
CBRE Capital Markets Debt & Structured Finance secured $27.87 million in financing for The Shops at Gainey Village, a 138,444-square-foot… Read more
Plaza Cos. Expands Ground Lease, Eyes Additional Development at SkySong
Plaza Companies expanded the footprint of SkySong in Scottsdale with the addition of 1.5 acres to its ground lease. Scottsdale… Read more
DPMG Buys 6.5 Acres in Chandler to Develop MXU Industrial Project
Phoenix-based DPMG Galveston LLC completed the $2.05 million purchase of 6.5 acres in West Chandler from Truwest Credit Union. DPMG… Read more
Nordstrom Permanently Closing 16 Full-Line Stores in Nine States
Seattle-based Nordstrom, Inc. outlined plans to increase flexibility and agility in serving customers and position the business for the long-term… Read more
Brookfield Buys Seven-Property Southwest Industrial Portfolio for $25M
Brookfield Property Group acquired seven single-tenant industrial properties from privately-owned investment firm, Lowenberg Corporation. The multi-state industrial portfolio was purchased… Read more
Arizona Gov. Ducey Accelerates Reopening for Restaurants, Barbers, Cosmetologists
Arizona Governor Doug Ducey accelerated the phased reopening plan for Arizona this week. He says, continued positive data trends from… Read more
Hawkins Proposes Southdale MXU in Scottsdale
Boise, ID-based Hawkins Companies submitted plans for Southdale, a four-story, mixed-use multifamily development in Scottsdale. The 267-unit project would be… Read more
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