Arizona
Multi-State, 15-Asset Self-Storage Portfolio Sold
CBRE Group, Inc. completed the sale of a portfolio of 15 Trojan Self Storage facilities in three western states, California,… Read more
Tom Donovan Joins Irvine Company Resort’s Pelican Hill
Newport Beach-based Irvine Company Resort Properties appointed Tom Donovan managing director of The Resort at Pelican Hill in Newport Coast, CA. Donovan… Read more
Tonto Acquires 152-Acre Loop 202 Site in Mesa
Fallbrook, CA-based Tonto Corp. acquired a 151.6-acre land parcel in Mesa, AZ from FR/CAL 3 Mesa Warner LLC for $7.9… Read more
GM’s Cruise Automation Expands CA Footprint
General Motors plans to add more than 1,100 new jobs and invest $14 million in a new research and development… Read more
Hospitals Trade in $400M Sale-Leaseback
Chicago-based Care Capital Properties, Inc. is acquiring six behavioral health hospitals in a $400-million sale-leaseback transaction involving properties in California,… Read more
Newmark Quarterly CRE Loan Production Hits $517M
San Francisco-based Newmark closed $517 million of commercial mortgages across 62 unique transactions in Q1 2017. Leading the production volume… Read more
Block 23 MXU Set to Go in Phoenix
Phoenix-based Red Development plans to break ground next week on Block 23, a mixed-use development in downtown Phoenix. The third… Read more
Chase Picks Up Tempe Site for $108M, Plans Campus
April 5, 2017 JP Morgan Chase acquired 67 acres and four buildings totaling 770,000 square feet at Discovery Business Campus in… Read more
Mesa Elliot Technology Park Expands to 270 Acres with Land Buy
Sunbelt Investment Holdings Inc., based in San Diego, CA, acquired 67.5 acres near the corner of Ellsworth and Elliot Roads… Read more
HSL Obtains $22M Refi for Arizona Multifamily
HSL Properties Inc. secured a $21.5 million Fannie Mae loan to refinance the 323-unit Desert Sands Apartments in Casa Grande,… Read more
Shareholders OK $6.4B Western Refining Sale
Have you registered for Connect Austin yet? Click here for more information! Shareholders with Tempe, AZ’s Western Refining and Tesoro… Read more
700K-SF Discount Tire Center on Tap for South Dallas
Have you registered for Connect Austin yet? Click here for more information! Discount Tire is planning to build a more… Read more
C&W Phoenix Consolidates Through Relocation
Cushman & Wakefield’s Phoenix operations have moved from two separate offices to 34,000 square feet at Esplanade V, 2555 E.… Read more
Wolverine Steps into 720K SF Facility
Michigan-based Wolverine Worldwide leased a 720,000-square-foot facility at the Crossroads Logistics Center in Beaumont, CA. The global footwear and apparel… Read more
Developers Building Up Urban Entertainment Destination
Upland, CA-based Lewis Group of Companies and Irvine, CA-based Pendulum Property Partners are proposing an urban entertainment district in Ontario, CA.… Read more
Urban Farmers Catch New Train
The urban farming movement is taking a new twist, or rather, is on a new track. Growers are producing crops… Read more
Phoenix Selling Biomed Building for $71M
The Phoenix (AZ) city council has voted unanimously to sell a 173,000-square-foot building on the Phoenix Biomedical Campus to Translational… Read more
Are You “Kicking Can Down Road” or “Preparing for Rainy Day?”
By Dennis Kaiser Four leaders with deep expertise in financing retail CRE shared keys to navigating the current triple-net-lease (NNN)… Read more
Western Wealth Strikes Again With 213-Unit Buy
Canadian investor Western Wealth Capital continued widening its Phoenix-area portfolio, with the acquisition of the 213-unit Terrace Park Apartments. The… Read more