Arizona
Faris Lee’s Jay Quinn on X-Team, Velocity and Capital Markets’ Role Today
By Dennis Kaiser Irvine, CA-based Faris Lee recently expanded its capital markets team with the addition of veteran Jay Quinn.… Read more
Vestar Snags Petaluma Retail Center for $55M
Phoenix-based Vestar purchased East Washington Place, a more than 340,000-square-foot shopping center in Petaluma, CA from Regency Petaluma LLC, an… Read more
480 Acres of Freeway Frontage Land Up for Sale in Williams, AZ
A 480-acre land parcel in Williams, AZ is on the market after the developer of a proposed theme park backed… Read more
Utah Developer Expands Arizona Office Campus with Spec Building
Salt Lake City, UT-based The Boyer Company plans to commence Phase V of Rio2100, a 60-acre mixed-use development located adjacent… Read more
Blackstone REIT Bags 1,750-Unit Multifamily Portfolio in Phoenix for $311M
Blackstone Real Estate Investment Trust Inc. acquired a portfolio of six metro Phoenix apartment communities totaling 1,751 units from a… Read more
Secondary Markets Leading Multifamily Rent Growth
Even in the midst of increasing multifamily supply, rent growth continues increasing, mainly buoyed by economic growth. And, according to… Read more
13-Acre Scottsdale Creative Campus Sold for $51M
Denver-based EverWest, in partnership with Chicago-based WHI Real Estate Partners L.P. and co-developer George Oliver Companies, sold The Quad in Scottsdale, AZ… Read more
Trammell Crow Acquires Phoenix Site for New Industrial Development
Trammell Crow Company (TCC) and an institutional investor partnered to acquire a 38.5-acre site south of the southeast corner of… Read more
Mill Valley Investor Acquiring Nearly 50 Chili’s in $156M Deal
Mill Valley, CA-based Four Corners Property Trust (FCPT) plans to acquire up to 48 corporate-operated Chili’s restaurants through a sale-leaseback… Read more
Zillow ‘Finds its Way Home’ to Scottsdale Tech Hub
Los Angeles-based Stockdale Capital Partners signed a lease with Zillow for 19,550 square feet at Galleria in Scottsdale, AZ. This… Read more
Hospitals, Physicians Sue Patients for Posting Negative Reviews
As more and more patients turn to social media to air their grievances against healthcare providers, hospitals and physicians are… Read more
CBRE’s Phoenix Workplace360 Office Achieves LEED Gold
CBRE’s 75,000-square-foot office in Phoenix has been certified LEED Gold for Commercial Interiors by the USGBC. The CRE brokerage firm… Read more
RED Capital Does $245M in Q2 Deals
RED Capital Group, based in Columbus, OH, closed $245.27 million in transactions during the second quarter of 2018. The firm’s… Read more
CBRE Global Investors Divests 4-State MF Portfolio
The Texas Multifamily conference is taking place on Aug. 23! Log on here for information, and to register. Chicago-based Waterton acquired… Read more
Trio of Hotels Planned in Coachella Valley
Three hotels are planned to be built in two Coachella Valley cities. Desert Hospitality Group’s plans were approved for a… Read more
EverWest Sells Phoenix Asset for $33M
Admiral Capital Group, an investment firm founded by former NBA player David Robinson, acquired The Madison, a 177,312-square-foot Class A… Read more
$164M Loan for Four-State, 3M-SF Industrial Portfolio
Bellwether Enterprise Real Estate Capital LLC closed a $164-million permanent loan secured by 16 industrial and warehouse properties across Washington,… Read more
Vacancies Reach 18-Year Low as E-Commerce Keeps Growing
Industrial vacancies nationally have reached their lowest point since 2000, Dallas-based valuation advisory firm BBG said Tuesday. The second quarter… Read more
KDC, Weitz JV Plans 400K-SF Tempe Waterfront
Dallas-based KDC formed a JV with Des Moines, IA-based The Weitz Company to develop Tempe Waterfront in Tempe, AZ. The… Read more