Arizona
Vestar Announces Completion of 400K-SF Queen Creek Retail Center
Vestar has put a wrap on the Queen Creek Crossing, a 31-acre retail development that broke ground in 2022. Anchored… Read more
Phoenix’s Largest Hotel Trades Hands
The Sheraton Phoenix Downtown, a 1,003-room convention center hotel, traded hands. Brookfield Asset Management was the buyer. The hotel is on… Read more
Tempe Okays Apartments, Grocery Store on City-Owned Land
The Tempe City Council okayed Dorsey Station, a 400-unit development that is 90% affordable, as well as a site for… Read more
Cushman & Wakefield Arranges Boutique Office Building Sale in Maryland
Cushman & Wakefield has arranged the sale of 705 York Road, a two-story office building located in downtown Towson, Maryland.… Read more
Cotterkey Picks Up Discounted Phoenix Highrise
A 20-story Phoenix high-rise office building recently sold for $15 million, a steep discount from the $29.4 million the seller… Read more
Austin, Seattle, Denver Top Ranking for STEM Job Growth Momentum
Austin, Seattle, Denver, San Francisco and Raleigh top the list of U.S. metro areas with the most momentum for STEM… Read more
Phoenix Industrial Market Continues on Roll
The Greater Phoenix industrial market posted an impressive third quarter, making it one of the nation’s leading cities for the… Read more
MCC Buys 188K-SF Tempe Office Complex
Maricopa Community Colleges has purchased a 188,960 square foot office complex at 8530-8550 S. Priest Drive in Tempe for $27… Read more
Construction Underway on Two Bastrop Hotels
Crews are moving dirt at the construction site of a new Courtyard by Marriott in Bastrop. The 63,603-square-foot project at… Read more
Tempe Auction Winner Picks Up 196-Unit Property at Discount
Next Wave Investors acquired The Avi, a 196-unit multifamily community in Tempe, at auction for $40 million. The seller, Tides… Read more
Marcus & Millichap Closes Net-Leased Facility Sale in Minnesota
Marcus & Millichap has brokered the sale of a net-leased childcare facility, occupied by Everbrook Academy, in Albertville, Minnesota. The… Read more
Brixton Recapitalizes Grocery-Anchored Retail in Inland Empire, Phoenix
Brixton Capital has recapitalized two of its grocery-anchored retail properties in a joint venture partnership with TriPost Capital Partners, a real estate… Read more
Lincoln Delivers 373K-SF Tucson Warehouse Project, More Planned
Lincoln Property Company completed I-10 International Phase I, its first-ever ground-up industrial development in Tucson. Valued at $80 million, I-10… Read more
Philip Voorhees Leaving CBRE to Oversee Acquisitions at BISON Partners
BISON Partners announced that Philip Voorhees will join the firm as a partner overseeing acquisitions and capital markets, following his planned… Read more
InTrust Picks Up 377-Unit Mesa Value-Add Apartments
InTrust Property Group paid $45.6 million to acquire Coral Point Apartments, a 377-unit multifamily community located at 2343 West Main… Read more
Recently Delivered Scottsdale Rental Property Trades for $32.75M
55 Resort Scottsdale, a recently completed 104-unit luxury adult apartment property in Scottsdale, has been sold for $32.75 million. The… Read more
Investor Duo Funds 200-Unit Peoria Apartment Community
North River Partners and Crestline Investors provided a $45 million construction loan to develop Peoria Gateway, a 200-unit multifamily complex… Read more