Arizona
Conor Commercial Commences $45M Chandler Development
Rosemont, IL-based Conor Commercial Real Estate and Chicago-based WHI Real Estate Partners L.P. commenced construction on the $45-million Lotus Project… Read more
Arizona Developer Breaks Ground on Hotel in Ontario Near Arena
Scottsdale, AZ-based Glacier House Hotels broke ground on a 131-room Element by Westin Hotel in Ontario, CA. The property will… Read more
Glendale’s Westgate Entertainment District Divested by iStar for $133M
The Connect Apartments conference will take place June 26. For more information, or to register, log on here. YAM Westgate,… Read more
Dallas Data Center Developer Buys Nearly 70 Acres in Mesa, AZ
Dallas-based CyrusOne acquired 68.2 acres in Mesa, AZ with plans to develop a new five-building data center cloud campus for… Read more
Rent Spreads Remain Wide for Chicago’s New Industrial
Connect Industrial is coming up on July 11 in Chicago. Here’s a link for more information about the conference and… Read more
Industrial Rents Support Additional Warehouse Development
Projected rents are more than adequate in many markets, including Los Angeles, to justify additional development of warehouses and distribution… Read more
Newmark Q&A: What’s Driving Southwest CRE Lending?
Newmark recently released its Q1 2018 production totals, after hosting more than 50 of its correspondent lenders at a Phoenix… Read more
Engineering Firm Finds Way to Harvard-Lincoln’s Mesa Campus
EPS Group, Inc. is relocating and expanding its main office at Harvard Investments’ and Lincoln Property Company’s (LPC) Waypoint development in Mesa,… Read more
Quest for Affordable Housing Moves Populations Inland
According to new census population estimates, Texas and Arizona gained more people than New York and Los Angeles for the… Read more
Oxygen Hospitality Acquires The Ivy Palm Resort & Spa in Palm Springs
Oxygen Hospitality Group acquired The Ivy Palm Resort & Spa in Palm Springs. The four-building, two-story, 100-room independent, boutique hotel… Read more
TruAmerica, Oaktree JV Acquire MF’s for $142M
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more
Trio of CRE Veterans Form New Development Firm
Real estate veterans Matt Root, Jim Stuart and Kevin Burke formed a real estate development company called Matter Real Estate Group. The San Diego-based firm primarily… Read more
NorthMarq Secures $172M for Development of Orbital ATK Campus in Arizona
NorthMarq secured $172.45 million in financing for the build-to-suit of Orbital ATK’S campus located in Chandler, AZ. The development comprises… Read more
Six Flags Expands Portfolio by Five
Six Flags Entertainment Corp. entered into a purchase agreement with Premier Parks LLC to acquire the lease rights to operate… Read more
Lincoln Property, Harvard Investments Selected to Build 1.35M SF in AZ
The Mesa, AZ City Council unanimously selected Lincoln Property Co. and Harvard Investments to develop 28.2 acres of city-owned land… Read more
ViaWest Ends Hold on Merchant Industrial Portfolio
ViaWest Group ended its three-year hold on Merchant Industrial, a four-building, 245,945-square-foot industrial portfolio at 7155, 7157, 7177 and 7189… Read more
Westwood Financial Acquires Two Sprouts-Anchored Centers in SW, SE
Westwood Financial LLC acquired two Sprouts-anchored neighborhood centers in Phoenix and Atlanta, for a total of $66.2 million in separate transactions. The retail real… Read more
Slack Says ‘Yes’ to Denver, But Unclear if its for HQ2
San Francisco-based Slack Technologies confirmed it plans to open an office in Denver later this year, though didn’t confirm it… Read more
Arizona Power Center Acquired for $51M
SanTan Village Marketplace, a destination retail center located in Gilbert, AZ, has traded hands. An entity formed by Santa Monica,… Read more