Arizona
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
JV to Recapitalize $142M Galleria Corporate Center
Stockdale Capital Partners and Jasper Ridge Partners formed an institutional joint venture to recapitalize ownership of the $142.5 million Galleria… Read more
BH Properties Sells Multifamily for $20M
BH Properties sold the 320-unit Fiesta Park Apartments in Phoenix to a California real estate company. The Los Angeles-headquartered seller,… Read more
Sprouts Adds Trio of IE Stores
Phoenix-based Sprouts Farmers Market is adding four stores in SoCal, including three in the Inland Empire markets of Rancho Cucamonga,… Read more
Crescent Communities Assembling Land for 335 Units
Crescent Communities is in the process of acquiring 3.6 acres from six sellers in Midtown Phoenix. The Charlotte, NC-based buyer… Read more
Circle K Renews, Expands to 104K SF
Circle K Stores has renewed and expanded its lease at Warner Crossing in Tempe, AZ. The convenience retailer kept its… Read more