Arizona
Rancho de Los Cerros Hits the Auction Block
Rancho de Los Cerros, consisting of a replica 1800s Western town, historic carriage house, 8,000-square-foot hacienda, swimming pool and event… Read more
IRR: Multifamily Fundamentals Ensure Continued Secure Sector
Integra Realty Resource’s (IRR) 2020 Viewpoint National Multifamily Report could be summed up in one sentence: “Multifamily specialists are upbeat… Read more
Construction Underway on Airport Office/Hangar Combo
Caliente Construction broke ground on a combination office/hangar building at the Phoenix-Mesa Gateway Airport. The general contractor is developing the… Read more
NorthRock Obtains $39M Loan Tides on Thunderbird Buy
NorthRock Cos. secured $39 million in financing to acquire Tides on Thunderbird, a 376-unit apartment complex in Phoenix, AZ. The… Read more
Partner Engineering Acquires MC Consultants’ Environmental Services Division
Partner Engineering and Science Inc. acquired the Phoenix-based Environmental Services Division of MC Consultants Inc. The acquisition will help the… Read more
Phoenix Q4 Industrial: Fundamentals Continue Driving Sector Success
Much of the analysis concerning Phoenix’s industrial market in Q4 2019 focused on the economy. Specifically, job creation and its… Read more
Seattle a ‘Must Have’ on Institutional Investors’ Shopping Lists
National investment sales volume across all property types totaled $570.6 billion in 2019, a drop of 1.6% year-over-year, according to… Read more
Industrious Inks Deal for Space at The Monroe
Co-working space provider Industrious of New York signed a lease to take 30,000 square feet at The Monroe in downtown… Read more
UA to Break Ground on 120K-SF South Side Tech Building
The Boyer Co., in conjunction with the University of Arizona, began construction on The Bridges, a four-story, 120,000-square-foot tech-oriented building… Read more
Bascom Pays $12M for Dolce Villaggio Townhomes
Bascom Arizona Ventures added another property to its Arizona portfolio, acquiring the 37-unit Dolce Villaggio Townhomes from a local private… Read more
Deloitte Finalizes Deal as 100 Mill’s Top-Floor Tenant
Deloitte signed a lease with co-developers Cousins Property and Hines to take the top floor of the under-construction 100 Mill,… Read more
Alliance Residential Buys Land, Prepares for 384-Unit MF Development
Alliance Residential struck a deal with Galleria Ventures Ltd. to acquire 16.2 acres east of the University of Texas at… Read more
Vestar Sells 254K-SF Crossroads Towne Center for $62M
Vestar ended its hold on Crossroads Towne Center, a 254,109-square-foot shopping center in Chandler, AZ. The Phoenix-based Vestar sold the… Read more
Gold Leaf Farming Acquires 36-Acre Bard Valley Date Farm
Gold Leaf Farming has acquired 36-acres of farmland in Imperial County, CA’s Bard Valley with plans to continue operating the… Read more
Construction Commences on $118M ASU-Phoenix Residence Hall
Capstone Development Partners broke ground on a $118-million, mixed-use, student-housing project serving students attending Arizona State University’s downtown Phoenix campus.… Read more
Evergreen Sells Five New Retail Assets for $33M
Phoenix-based Evergreen Development Company has sold five new-construction retail buildings in transactions totaling $33 million at Eastvale Marketplace, a recently… Read more
Chicago Fund Snags 202-Unit Aspens at Mariposa Point
A fund managed by Green Courte Partners LLC of Chicago bought its 11th senior housing property, the 202-unit Aspens at… Read more
35K-SF Abrazo Cave Creek Hospital Planned
Abrazo Health is set to begin construction on a microhospital in Cave Creek, AZ. Situated just outside of Phoenix, the… Read more
Connect Houston: Multifamily Metrics Below Projections, But Still OK
In August, 2019, Ten-X Commercial ranked Houston as the nation’s top “buy” market for multifamily real estate. Six months later,… Read more