Arizona
Bill Frame Appointed President, Kidder Matthews
Seattle-based Kidder Mathews appointed Bill Frame as the firm’s President, who will head up 17 offices across five states on the… Read more
JV Readies for $75M Phoenix MXU
LaPour Partners, headquartered in Las Vegas, has teamed with Tucson-based Holualoa to develop Camelback Collective, a $75-million, office-hotel project at… Read more
CyrusOne Expands AZ Data Center Space
CyrusOne LLC acquired close to 30 acres within the Continuum Business Park in Chandler, AZ. The Houston buyer, which already… Read more
LaSalle Investment Picks Up 118K-SF Kierland Village
Chicago-headquartered LaSalle Investment Management paid $34.5 million to acquire the 118,226-square-foot Kierland Village Center, a grocery-anchored center in Scottsdale, AZ.… Read more
Canadian Buyer Sinks $17M into Tempe’s 164-Unit Amber Gardens
Western Wealth Capital of Vancouver, BC paid $17 million for an apartment building in Tempe, near Arizona State University. The… Read more
Houston REIT Pays $72M for Scottsdale Retail
Whitestone REIT, headquartered in Houston, reportedly paid $72.5 million to acquire two retail plazas in Scottsdale, AZ. The buyer acquired… Read more
Liberty Property, Workplace Property Close on $969M Sale
Liberty Property Trust closed on the sale of 108 properties, totaling approximately 7.6 million square feet. Buyer Workplace Property Trust… Read more
North Scottsdale’s Sonora Village Sells for $73M
YAM Properties LLC acquired the 270,000-square-foot Sonora Village shopping center in North Scottsdale, AZ. The local buyer paid $72.5 million… Read more
Mormon Church to Become MXU Development
A former Church of Jesus Christ of Latter-Day Saints church will have a second life as a mixed-use retail and… Read more
Cole-Sponsored REIT Acquires 221K-SF Siemens Building
Cole Office & Industrial REIT Inc. (CCIT III) made its first acquisition, nabbing a 221,215-square-foot office building in the Cincinnati… Read more
Transwestern Plans $100M MXU Phoenix Development
Transwestern, headquartered in Houston, has unveiled plans for its City Center on the Park, a mixed-use, two-phase project in Phoenix,… Read more
MG Properties Announces 366-Unit Mosaic Hills Buy
MG Properties Group, based in San Diego, snagged the 336-unit Mosaic Hills Apartments. The buyer paid the Newport Beach, CA… Read more
Blackstone’s $1.5B Logistics Purchase from LBA Realty
New York-based Blackstone Group LP is acquiring $1.5-billion worth of logistics centers from Irvine, CA-based LBA Realty LLC. The 12-million-square-foot… Read more
Finnish Manufacturer to Open $100M AZ Distribution Center
Finnish company Huhtamaki, located in Los Angeles, will buy a 752,000-square-foot plant in Goodyear, AZ that once was Rubbermaid Inc.’s… Read more
230-Unit Assisted Living to Go North at Pima Center
Western States Lodging & Management and the Colmena Group of Salt Lake City will develop Legacy Village at Salt River,… Read more
McKesson Developing $38M Center on Tribal Land
San Francisco-based McKesson is expanding operations in the Phoenix area. Construction is already underway on the health care pharmacology, technology… Read more
Arches at Hidden Creek Sells for $55M
Security Properties made a deal with Hamilton Zanze for the 432-unit Arches at Hidden Creek. The Seattle-headquartered investor paid $55… Read more
Sares Regis Raises $300M, Closes MF Value-Add Fund
Sares-Regis Multifamily Value-Add Fund II raised more than $300 million in total equity commitments, and is now closed. The fund… Read more
Hersha to Sell Five Hotels for $185M
Hersha Hospitality Trust has placed a five-hotel suburban portfolio, totaling 757 rooms, under contract for $185 million, or $244,000 per… Read more