Arizona
Construction Underway on 700K-SF Red Bull Facility
A year after partners Ball Corp., Rauch Fruit juices and Red Bull announced their intent to develop a 700,000-square-foot distribution,… Read more
Scottsdale Medical Pavilion Sells to Private Buyer
Klingbeil Capital Management sold the Scottsdale Medical Pavilion, a 53,157-square-foot multitenant medical building in Old Town Scottsdale to a private… Read more
Armstrong Capital Acquires Fry’s Shops at Stapley & McKellips
Armstrong Capital Development LLC (ACD) made its second Arizona acquisition, acquiring 20,548 square feet of retail shadow space in Mesa,… Read more
Triumph Properties Group Snags 308-Unit Deer Creek Village
Triumph Properties Group acquired Deer Creek Village, a 308-unit multifamily complex in North Phoenix. The California buyer paid private local… Read more
265-Key Caesars Republic Scottsdale Breaks Ground
Real estate development company HCW teamed up with Caesars Entertainment Corp. and Macerich to break ground on Caesars Republic Scottsdale,… Read more
Construction Underway on Chandler Corporate Center II
Following the lease-up of the first phase of its Chandler Corporate Center to Allstate Insurance, VanTrust Real Estate broke ground… Read more
Bixby Land Promotes Two Executives
Newport Beach-based Bixby Land Company has promoted Asset Manager Lindsey Olson to the position of the company’s Director of Operations,… Read more
NYC Apartment Growth Runs Slightly Ahead of State, U.S. Averages
New York City rents have declined 0.1% over the past month, but are up moderately by 2.2% from a year… Read more
Final Peralta Canyon Parcel Sells to Beazer Homes for Under $7M
Beazer Homes acquired 78 lots in Peralta Canyon, Phase II for $6.6 million. The parcel’s sale is the close-out of… Read more
NexCore Group Begins Work on 127K-SF Banner Health Center
Healthcare real estate developer NexCore Group LLC broke ground on Banner Health Center, a 127,243-square-foot, multispecialty medical office facility in… Read more
Buena Vista Takes 50K SF for New Clinic
Close to two years after Mainstreet Health pulled its Rapid Recovery Center concept out of Arizona, a new tenant moved… Read more
Valleywise Health Breaks Ground on 673K-SF Medical Center
Valleywise Health began construction on its new health medical center in Phoenix. The 10-story, 673,000-square-foot building, adjacent to the current… Read more
Dual-Branded Hotel Planned at Park Central
Fayth Hospitality Group LLC is planning to develop a dual-branded Home2Suites/Tru by Hilton hotel on the site of the former… Read more
Tratt Properties Breaks Ground on 1M-SF Elwood Logistics Center
Tratt Properties LLC launched construction on Elwood Logistics Center, a 1.3-million-square-foot, speculative industrial development in Goodyear, AZ. The project, the… Read more
CIT Secures $66M for Three BKM Industrial Assets
New York’s CIT Group Inc. has earned a clear endorsement from BKM Capital Partners after securing a total of $66… Read more
Clarivate Analytics Inks 30K-SF Lease at Chandler Viridian
Clarivate Analytics Plc, a data and analytics company headquartered in Philadelphia and London, is setting up shop in the Phoenix… Read more
Report: Scottsdale Airpark Dubbed an “18-Hour City”
The Scottsdale Airpark, anchored by the Scottsdale Airport, consists of a nine-acre-square-mile area bordered by Scottsdale Road and North Miller… Read more
Arizona Partners Pays $2M for 20K-SF Encanto Village
Arizona Partners, with renovation in mind, acquired Encanto Village, a 20,000-square-foot shopping center that delivered in the early 1950s. The… Read more
Ferrero USA Nears Completion on 644K-SF Goodyear Distribution Center
Ferrero USA will soon complete a new distribution center in Goodyear, AZ. The 643,798-square-foot center at 2600 Cotton Lane is… Read more