Arizona
High Street Residential Scores LEED Gold for Phoenix MF
High Street Residential, the residential subsidiary of Trammell Crow Company, and MetLife Investment Management secured LEED Gold certification for the… Read more
Developer Plans 80-Acre Multi-Phased Industrial Project on West Valley Golf Course
Developer KW Projects submitted plans to develop nearly 80 acres of land at Camelback Road and 152nd Avenue near Luke… Read more
Waterford Q&A: Navigating Unprecedented Times
By Dennis Kaiser Waterford Property Company is an owner-driven diversified real estate investment and development company, with an established track… Read more
Globe Divests Phoenix Logistics Corridor Asset to KKR
A Class A, single-tenant industrial facility situated within the Freeport Center in southwest Phoenix traded hands for $17.3 million. The… Read more
Arizona Governor Says State Will Lead Reopening Economy
Government and business leaders across the United States are turning an eye toward a phased reopening from the COVID-19-related shutdowns.… Read more
Final Retail, Restaurant Buildings in Chandler Viridian Primegate Sold for $21M
Winlee Development sold the final component of Chandler Viridian Primegate, a four-building project in Chandler, AZ. The recently completed Thirsty… Read more
Vacant Mercer Island Redev Site Snagged for Nearly $47M
Minneapolis-based Ryan Cos. and Seattle-based HAL Real Estate acquired a nearly six-acre property on Mercer Island for $46.45 million. The… Read more
Land Advisors Forms Healthcare Strategy Team
Scottsdale-based Land Advisors Organization formed a Healthcare Strategy Team to advise and guide companies in Arizona’s healthcare industry. The Metro… Read more
Landmark Expands into Turnkey Data Center Sector with PHX Acquisition
El Segundo, CA-based Landmark Dividend LLC acquired a data center campus located in Phoenix. The 184,000-square-foot, 16+ MW enterprise data… Read more
Westcore Acquires Phoenix Industrial Property for $12M
Westcore acquired a 148,689-square-foot, Class A industrial warehouse located at 4455 West Camelback Rd. in Phoenix for $12.4 million. The… Read more
1031 Exchange Buyer Bags Tucson Safeway for Nearly $11M
South Lind Square, LLC completed a 1031 exchange involving the purchase of the Safeway at La Toscana Village in Tucson… Read more
Red Development Employees Get Free Meals at Portfolio Tenants
Phoenix-based Red Development launched a program that allows its employees to eat at restaurants within the company’s portfolio and be… Read more
Domain Capital, Simpson Housing Form $1B JV with PFA Pension
Atlanta-based Domain Capital Group, LLC’s subsidiary, Domain Capital Advisors, and Simpson Housing LLLP completed a joint venture with PFA Pension… Read more
Data Centers Continue Upward Trajectory
Data center absorption rates in U.S. major markets posted a new record of 396.4 megawatts in 2019, a 33% gain… Read more
CBRE Arranges Sale of Fountain Hills MF for $64M
CBRE arranged the $63.5-million sale of Park Place at Fountain Hills, a Class A multifamily community located in Fountain Hills,… Read more
Andrew Lundahl Joins Western Retail Advisors
Phoenix-based Western Retail Advisors expanded its Investment Sales group with the addition of Andrew Lundahl, who joins the firm as… Read more
Arizona GDP Growth Among Nation’s Top in 2019
The Bureau of Economic Analysis ranked Arizona among the top states in the nation for gross domestic product growth, both… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more
Bob Kline Joins Colliers Debt and Structured Finance Team
Bob Kline joined Colliers International as Managing Director of Debt and Structured Finance in the Southwest Region. Kline will be… Read more