Arizona
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
Canadian Investor Snags the 236-Unit Colony Apartments
Western Wealth Capital struck a deal with CALCAP Advisors to acquire The Colony, a 236-unit apartment complex in Phoenix. The… Read more
Chuze Claims Fontana Space for New Gym
Chuze Fitness signed a 45,000-square-foot lease at 14574 Baseline Ave. in Fontana, CA. The gym will join the Morningside Marketplace… Read more
Colliers’ Carriero Shines Light on Seniors Housing Trends
Connect Healthcare chatted with Ken Carriero, national director and senior vice president of Colliers International’s National Seniors Housing Group. Read… Read more
Exeter Property Buys 124K-SF Phoenix Industrial
Exeter Property Group acquired a 123,754-square-foot industrial building in Phoenix, AZ’s southwest submarket. The buyer paid seller David Turner International… Read more
Is Florida Baby Boomer Central? Yes and No
The oldest of the Baby Boomers are now in their early 70s, while the youngest will turn 55 this year,… Read more
Harbor Group Pays $40M for 258-Unit Arcadia 4127
Harbor Group International LLC acquired the 258-unit Arcadia 4127 apartments in Phoenix. The Norfolk, VA-headquartered buyer paid $40.4 million to… Read more
Yardi Matrix Report: U.S. Multifamily Rent Growth Slows Down
To stay connected with multifamily news and trends, we invite you to attend Connect Apartments at the JW Marriott in… Read more
Rosie Keller Joins Transwestern as SVP
Transwestern Commercial Services (TCS) hired Rosie Keller to serve as vice president and asset services leaders in its Phoenix, AZ… Read more