Arizona
Kidder Mathews Acquires Wessex Service Co.
Kidder Mathews acquired the assets of Wessex Service Co., a property management firm headquartered in Scottsdale, AZ. The acquisition is… Read more
$96M Sale of Alta Drinkwater Shatters Another Phoenix-Area Record
Starwood Income Real Estate Trust bought the 277-unit Alta Drinkwater apartment complex in Scottdale, AZ’s Old Town area. The sellers,… Read more
JLL Income Snags 211K-SF Former Metro Chandler Airport Center
JLL Income Property Trust acquired the 211,000-square-foot Metro Chandler Airport Center, a Class A industrial asset in Chandler, AZ. The… Read more
U.S. Multifamily Wraps Up a Strong 2019
The U.S. multifamily sector continues strong, and wrapped up a healthy 2019 with continued rent growth and robust unit absorption,… Read more
Keeping Pace with Automation, Inside and Outside the Warehouse
By Paul Bubny At Colliers International, Gregg Healy sees the changes that the advent of robotics and autonomous vehicles are… Read more
Walgreens, UnitedHealth Partner on Medicare Centers
UnitedHealthcare®, the health benefits business of UnitedHealth Group, and Walgreens will open 14 UnitedHealthcare Medicare services centers within Walgreens stores… Read more
Vedura Unveils Plans for Elevation at the Village in Gilbert, AZ
Vedura Residential announced plans to develop its second apartment project in Gilbert, AZ’s SanTan Village mall area. The Scottsdale, AZ… Read more
Developer Culdesac Announces First Car-Free Neighborhood in U.S.
Post-car real estate developer Culdesac has unveiled plans to build the country’s first car-free neighborhood from scratch in Tempe, AZ.… Read more
Homeless Veteran Count Drops, Affordability Concerns Remain
There is a good-news/bad-news scenario when it comes to the U.S.’ vulnerable military veteran population. The good news is that… Read more
Vestar Ends Hold on Phoenix-Area Lakeview Village at Morrison Ranch
Vestar sold Lakeview Village at Morrison Ranch, a 93,471-square-foot, grocery anchored shopping center in Gilbert, AZ, to a Colorado buyer,… Read more
$17M Refi Obtained for Phoenix’s View 32
Watt Companies of Southern California secured a $17 million permanent-fixed loan to refinance View 32, a 135-unit multifamily property in… Read more
Women in Real Estate 2019: Tara Hovey Empowers Optima to Adapt to the Marketplace
Since assuming her role as president and COO of Glencoe, IL-based Optima, Inc. in 2015, Tara Hovey has led the… Read more
Canadian Investor Pays $14M for AZ’s 67K-SF Mountain Vista Plaza
A Canadian investor operating under the entity name of MIRAJH LLP struck a deal with Boarder Capital to acquire Mountain… Read more
Comparing U.S. Office Growth in CBDs, Urban and Suburban Markets
By Dennis Kaiser The U.S. office footprint has expanded over the past decade, revealing a host of intriguing trends. A… Read more
Hanson Equity Acquires Acreage for Future Legacy at McKinney
Hanson Equity Partners closed on the acquisition of 13.2 acres in the far north Dallas suburb of McKinney, TX. The… Read more
JLL’s Boston Office Closes $143M Sale of 50-Property National Healthcare Portfolio
Mindy Berman and Brannan Knott of JLL’s Boston office, along with Peter Bauman and Tivon Moffitt of the firm’s Phoenix… Read more
Security Acceptance Sells 122K-SF from Phoenix-Area Rome Towers
Security Acceptance Services LLC sold 121,632 square feet from Rome Towers, a 130,897-square-foot medical office building in Gilbert, AZ. The… Read more
MTD Products Signs on at Chandler Corporate Industrial Center
Ohio-based MTD Products leased approximately 50,000 square feet at Chandler Corporate Industrial Center in the suburban Phoenix city of Chandler,… Read more
California’s Net Out-Migration Increases in 2018
More people are moving out of California to other states, according to the latest report from the U.S. Census Bureau.… Read more