Arizona
CBRE Global Investors Raises $616M for 5th U.S. Development Fund
CBRE Global Investors closed its capital-raising efforts for CBRE U.S. Development Partners 5, a development club fund. The Los Angeles-based… Read more
Yardi: First Half of 2019 Ends Strong
While multifamily rent growth began slowly in 2019 (in comparison to recent years), rents increased in Q2 2019. According to… Read more
California Market Values Flatline Against Backdrop of U.S. Rent Growth Acceleration
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to the June Zillow Real Estate Market… Read more
Cortland Partners to Acquire Pure Multi-Family for $1.2B
Pure Multi-Family REIT LP, a Vancouver-based apartment owner whose portfolio is entirely in two Sunbelt states, has agreed to be… Read more
California Investor Sells 130K-SF Chandler Business Center
Montana Avenue Capital Partners sold Chandler Business Center, a 129,840-square-foot, creative office, flex-tech and retail space, in Chandler, AZ. The… Read more
Rosewood Enters PHX Market, Acquires 283-Unit Jefferson Chandler
Rosewood Property Co. entered the Valley of the Sun with its acquisition of the 283-unit Jefferson Chandler from JPI. Both… Read more
Seattle, Bay Area Remain Two Hottest Markets for Tech Talent
There is still time to join us tomorrow for Connect Bay Area at the Grand Hyatt San Francisco. Get more… Read more
A-Rod’s Monument Capital Makes Third Chicago-Area Buy
Monument Capital Management has acquired Townhomes at Highcrest, a 176-unit apartment community in Woodridge, IL. The A-Rod Corp company acquired the property… Read more
Rastegar Property Buys Land, Plans Potential Tallest Building in Arizona
Rastegar Property Co. acquired a 0.61 acre at Fourth Avenue and Van Buren Street in downtown Phoenix. The Austin-based investor… Read more
Charley Simpson Joins Colliers’ Southwest Team
Colliers International hired veteran retail investment broker Charley Simpson to join the firm’s recently-announced Southwest Retail Capital Markets Team. Simpson,… Read more
Valley Commerce Center Sells for $28M
Fenway Capital Advisors sold Valley Commerce Center, a multi-tenant office building in Phoenix, for $27.95 million. The Solana Beach, CA… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
ViaWest Purchases Sky Harbor Portfolio, Plans Redevelopment
ViaWest Group struck a deal with Bayless Investment & Trading Co. to acquire vacant land and industrial buildings in Phoenix’s… Read more
MBARK Global Pays $27M for 211K SF
MBARK Global acquired 4690 N. Oracle Rd. in Tucson, AZ. The 211,152-square-foot building is on a long-term lease to Comcast,… Read more
Acacia Capital Pays $67M for 264-Unit Sonoran Vista in Scottsdale
Acacia Capital Corp. paid $67 million to buy Sonoran Vista, a 264-unit, Class A multifamily property in Phoenix’s North Scottsdale… Read more
129K-SF Sprouts Cold Storage Sells to CBRE Global Investors
A 128,929-square-foot cold-storage and distribution center occupied by Sprouts Farmers Market sold to a fund sponsored by CBRE Global Investors.… Read more
Pillar Capital Sells Academy Sports-Anchored Shops at Abilene Village
Pillar Capital Group of Arizona struck a deal with Texas-based Nooner Holdings Ltd. to sell the Shops at Abilene Village,… Read more
Connect Apartments 2019: Healthy Outlook for the Multifamily Sector
By Ben Johnson Connect Apartments 2019 kicked off with a bang last week, as Michael Cohen, vice president advisory services… Read more
Kevin Rude Tapped to Lead Colliers West Coast Group
Colliers International’s Kevin Rude will assume expanded responsibilites after being promoted to the post of Regional Managing Director – West… Read more