Arizona
Long-Term Hold Ends on 313K-SF Canyon Corporate Plaza
Northridge Capital LLC ended a nearly 15-year hold on Canyon Corporate Plaza, a two-building, 313,000-square-foot office campus on Phoenix’s northwest… Read more
Soleil Apartments Trades for $40M, Following Active Marketing Period
The 188-unit Soleil Apartments, located in Chandler, AZ, sold to 3rd Ave. Investments LLC for $40 million. Soleil Chandler Apartments… Read more
$185M ReFi Obtained for Northrop Grumman Campus
Douglas Allred Co. secured a $185 million loan to pay off construction financing for its recently completed Northrop Grumman Innovation… Read more
Chinese Investor Pays $14M for Arizona’s Largest Tesla Facility
Chinese investor Sunrise 8300 Investment LLC acquired Arizona’s largest Tesla facility. The 41,000-square-foot property at 8300 E. Raintree Dr. in… Read more
Avison Young Signs Expansion Lease, Plans Growth
Avison Young’s Phoenix office signed a lease for expansion, inking a six-year, 12,000-square-foot deal at the 203,290-square-foot Camelback Lakes Corporate… Read more
Bascom Group Sells Two MF Assets for Combined $88M
The Bascom Group and funds managed by Oaktree Capital Management LP sold two Tucson multifamily properties, totaling 486 units, to… Read more
Completion Nears on First Cabana Affordable Apartments
Greenlight Communities is nearing completion on the first of a series of affordable complexes in the Phoenix area, which will… Read more
Curry Supply Acquires 55K SF as Expansion Strategy
Curry Supply Co. acquired a 55,392-square-foot flex industrial/office building in Gilbert, AZ. The Martinsburg, PA buyer shook hands with HVAC… Read more
Phoenix Investor Nabs 245 Acres; Plans Colorado MPC
Walton Global Holdings Ltd., headquartered in Phoenix, AZ, shook hands with True Life Cos. and the Lee Family to acquire… Read more
Townline Secures Financing, Acquires 324K-SF 2600 Tower
Townline Ventures obtained $25.5 million in non-recourse, interest-only bridge financing to acquire 2600 Tower, a Class A building in Midtown… Read more
San Clemente’s Landmark Miramar Theater Sold to Fortuitous Buyer for $8M
The Miramar Theater on El Camino Real in San Clemente, CA has sold for $8 million to Arizona-based Fortuitous Partners… Read more
Nominate the Top Commercial Brokers of 2019
Do you know a commercial real estate broker or team who made a big impact in 2019? For the third… Read more
213K-SF Grand at Papago Park Sells for $90M
Susquehanna Holdings Ltd. shook hands with partners Lincoln Property Co. and Goldman Sachs & Co. LLC to acquire the first… Read more
Canadian Investor Pays $76M for 326-Unit Liv Goodyear
ZJ Holdings LP acquired Liv Goodyear, a 326-unit multifamily asset in Goodyear, AZ. The Canadian buyer, led by investor Ehyan… Read more
Developers Unveil Multibillion-Dollar Akimel 7
CamCo Commercial Inc. is teaming with the Solanna Group LLC to form Akimel 7 Productions. The joint venture’s purpose is… Read more
Lilly Garden Becomes Cali Investor’s First Phoenix Buy
Tower 16 Capital Partners and HG Capital joined forces to acquire Lilly Garden Apartments, a 180-unit multifamily property in Phoenix.… Read more
Partners Group Pays $212M to Acquire Biltmore Center
Partners Group acquired Biltmore Center, a 635,409-square-foot office campus in Phoenix. The New York City buyer paid $212 million to… Read more
OpenTable Ranks Top 100 Restaurants in America
Online restaurant reservation website OpenTable has revealed the top 100 restaurants in America for 2019, according to OpenTable diners. The… Read more
Charlotte Office Portfolio Trades for $82M
Atlanta-based commercial real estate firm OA Development has sold a five-building, mid-rise office portfolio located in The Park Huntersville, a… Read more