Arizona
Yardi Matrix Reports Cooling Multifamily Market No Cause for Alarm
Despite an expected seasonal decline, the U.S. multifamily market has enjoyed a solid year in 2018. Rents fell by $2… Read more
Cascade Claims Space at The Hub in Chandler, Ariz.
Cascade Financial Services signed a lease for 52,608 square feet at The Hub, a 298,000-square-foot, two-story creative office building in… Read more
Hillwood Expands National Logistics Team
Dallas-based Hillwood expanded its acquisition, development and joint venture investment business focused on logistics/industrial real estate investment opportunities throughout the… Read more
Greystar Acquires Luxury PHX Camelback Corridor MF
Greystar Real Estate Partners, LLC acquired Crescent Highland, a 349-unit multifamily property in Phoenix on behalf of its real estate… Read more
Opus Divests Goodyear Crossing DC for $43M
Minneapolis-based Opus Development Company, LLC sold Goodyear Crossing Phase one, a newly-completed warehouse distribution facility in Goodyear, AZ for $42.7… Read more
Behind the Deal: The Campus at Horton, San Diego
San Diego has a deep and growing base of technology talent. Local colleges turn out more than 4,200 computer science… Read more
Continental, MLG Capital Acquire TOD MF in Tempe, AZ
Denver-based Continental Realty Advisors, Ltd., in partnership with Milwaukee-based MLG Capital, acquired Tempe Metro, a 408-unit apartment community in Tempe, AZ for… Read more
Opus Debuts Union Tempe MXU MF Next to ASU
The Opus Group completed development of Union Tempe, a mixed-use apartment project in Tempe, AZ next to the Arizona State… Read more
Ryan, Cadence Living, Starwood Plan Scottsdale Senior Living Community
Ryan Companies US, Inc., Cadence Living and a controlled affiliate of Starwood Capital Group are bringing Acoya Scottsdale at Troon… Read more
Starlight Secures $800M in Financing for 23-Property Multi-State MF Portfolio
HFF secured financing totaling $800.45 million for Toronto-based Starlight Investments’ 23-property multifamily portfolio consisting of 7,289 units across eight states.… Read more
Banner Health’s $155M Hospital Approved in Chandler, AZ
Banner Health received the go-ahead from the city of Chandler, AZ to build a $155-million 96-bed hospital at Alma School… Read more
Women in Real Estate 2018: Avison Young’s Johnson Leads in Healthcare RE
Julie A. Johnson is a principal with Avison Young in Phoenix, and has been a foremost leader in healthcare real… Read more
Scottsdale Asset Snagged by Denver Investor
Denver-based Ascentris acquired Kierland Corporate Center II in Scottsdale, AZ, for $25 million on behalf of one of its public… Read more
Women in Real Estate 2018: VEREIT’s Nelson Identifies and Optimizes Opportunities
Sarah Nelson is an astute, enthusiastic leader who is committed to formulating innovative strategies and is dedicated to identifying and… Read more
Hines to Build 25-Story, 379-Unit MF Complex in Downtown Phoenix
Houston-based Hines plans to build a 25-story, 379-unit luxury multifamily complex in downtown Phoenix. The developer purchased a 1.5-acre site… Read more
Ready, Set, Go: Waymo Tests Driverless Cars in CA
Waymo, the self-driving unit of Alphabet (Google’s parent company), has received the green light from California to test its autonomous vehicles… Read more
Coming to your Nearest Bass Pro Shop: Build-A-Bear
With the holidays just around the corner, Build-A-Bear Workshop is expanding its stuffed-bear-making abilities nationwide. The Saint Louis, MO company… Read more
Tucson’s Campbell Plaza Sold for $33M
Campbell Plaza Shopping Center in Tucson, AZ has traded hands for $33 million. The buyer was an affiliate of Tucson-based DSW… Read more
Phoenix’s Chase Tower Trades Again, This Time for $108M
New York-based Viola Lordsmeer L.P. acquired Chase Tower in downtown Phoenix from a partnership managed by Phoenix-based Wentworth Property Co.… Read more