Arizona
Logic’s Wainwright on What’s Driving Southern Nevada Office Market
By Dennis Kaiser Logic Commercial Real Estate’s recent expansion of its Las Vegas brokerage team entailed the addition of Natalie… Read more
Rosewood Property Acquires Colorado Springs Self-Storage Center
Rosewood Property Co. shook hands with a Tucson, AZ entity to buy Front Range Self-Storage, a 658-unit property in Monument,… Read more
Palmer Development Launches Construction on the 234K-SF MXU Edge
Palmer Development Group of Scottsdale, AZ and New York-based Dominion Management Co. broke ground on The Edge, a mixed-use project… Read more
Sares Regis Seals Multifamily Fund at $328 Million
Newport Beach-based Sares Regis has closed out fundraising for its Sares Regis Multifamily Value-Add Fund III at $328 million in… Read more
Put Leading CRE Brokers into the Limelight
For the third consecutive year, Connect Media will be spotlighting the industry’s top brokers. We’re inviting you to help us… Read more
First McKinley Development Site Sells for $7M
Drapac Capital Partners ended its hold on First McKinley, a 1.7-acre site in downtown Phoenix. The buyer sold the property… Read more
Glacier House Sells 289-Key AZ Portfolio, Collects $80M
Glacier House Hotels sold a three-property, 289-room Arizona hotel portfolio to different buyers, walking away from the deals with a… Read more
Marriott Sells Sheraton Phoenix Downtown for $268M
Less than two years after acquiring the 1,000-room Sheraton Phoenix Downtown hotel, Marriott International Inc. sold the property to Blackstone… Read more
Toll Brothers’ 8-Acre Buy Paves Way for 402-Unit Development
TB 4100 N. Central Ave LLC, an entity formed by Toll Brothers, acquired 8.2 acres at Central Avenue and Indian… Read more
Pollack Real Estate Ends Hold on 94K-SF Sun Valley Plaza
Pollack Real Estate Investments ended its 15-year hold on Sun Valley Plaza, a 94,094-square-foot retail property in Mesa, AZ. The… Read more
Aragon Swaps 13,000 Apartments for $1.9B
An affiliate of Harbor Group International (HGI) has purchased a portfolio of 36 apartment properties totaling 13,243 units from Aragon… Read more
Investors Trade PHX Properties Back and Forth, Deals Total $47M
Two investors traded apartment complexes in the Phoenix area, with the transaction totaling $47 million. When the dust had settled,… Read more
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