Arizona
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
Multifamily Rent Growth Springs into Gear
Multifamily rents in the U.S. performed strongly in April, rising $4 to $1,377, according to a survey of 121 markets by Yardi Matrix. Rents… Read more
Ryan, Cadence Commence Senior Living Development in Phoenix
Ryan Companies US, Inc., in partnership with Cadence Senior Living, is designing, developing and building Azure Mesa, an upscale senior… Read more
Wally Hale joins Avison Young in Phoenix from JLL
Avison Young expanded its team in Phoenix with the addition of Wally Hale, a leading office tenant representation specialist. Hale joins… Read more
$63.5M Refi for Scottsdale Plaza Resort
The Scottsdale Plaza Resort, a 404-room, full-service, independently owned and operated resort hotel in the heart of Scottsdale, AZ, received… Read more
Olympus Property Launches Eighth Fund with 869-Unit Buy
Olympus Property, based in Fort Worth, launched its eighth fund by closing on three multifamily properties in separate transactions. The… Read more
Phoenix’s Chase Tower Divested for $80M
Chase Tower, a 40-story office building in Phoenix, was acquired by a joint venture formed by Phoenix-based Wentworth Property Co.… Read more