Arizona
368-Unit Value-Add Property Changes Hands in Tucson
TMR Investments sold Circ Tucson Apartments, a 368-unit multifamily community located in the Casa Adobes neighborhood of north Tucson, Arizona. This… Read more
Scottsdale Car Condo Developer Greenlighted for $55M Project
After receiving the go-ahead from the Scottsdale City Council, investors behind The Collector’s Garage at WestWorld can start preparing for… Read more
Vestar Planning Massive “Urban Oasis” in Mesa
Retail developer Vestar revealed plans for Legacy Park, a massive mixed-use project in southeast Mesa. Spanning 200 acres near Mesa… Read more
Mortenson Helming Massive N. Phoenix Mixed-Use Venture
While plans are in the early stages, Mortenson Development wants to get going on a massive mixed-use project in north… Read more
Chip Supplier Commits to New Peoria Factory Site
Amkor Technology was getting heat from residents near its proposed semiconductor chip packaging and testing facility in Peoria, so the… Read more
Shuttered Houston Hotel Shifting to Apartment Units
A vacant, former hotel at 6780 Southwest Freeway in Houston will soon be converted into apartment units. Dos Lagos Asset… Read more
Phoenix Ranks #2 in Data Center Development Pipeline Survey
According to the new JLL North America Data Center Report—Midyear 2025, Metro Phoenix ranks second in the data center development… Read more
Widewaters Purchases 188K-SF Tempe Office Complex
Transwestern Real Estate Services brokered the $20.5 million sale of 8530-8550 S. Priest Drive in Tempe, Arizona, a property consisting… Read more
Former Avnet Office Property Acquired by Phoenix Investor
Arizona investor David McHenry acquired the two-story Tempe office property at 8700 S. Price Road in Tempe for $7.26 million. The 132,000-square-foot… Read more
Lowe’s Opens 130K-SF Store in Maricopa
Thompson Thrift, a developer powerhouse in the Phoenix metro area, announced that Lowe’s has opened a 130,000-square-foot store at South… Read more
Racket Sports Court Taking Over Onetime Chandler Movie Theater
Racket sports are heating up in Phoenix. Earlier this week, Connect ran a story about a nearly 200,000 square foot… Read more
Target Sells Off 188K-SF Tempe Offices
Target employees vacated their Tempe offices over five years ago, a common response to issues related to the pandemic. The… Read more
Buckeye State Land Auction Draws Interest from Sunbelt Holdings
Sunbelt Investment Holdings says it will bid on a 272-acre vacant parcel near I-10 and Verrado in Buckeye. The Phoenix… Read more
Four-Suite Retail Strip in Kansas Changes Hands
Marcus & Millichap has completed the sale of 401 E. 4th Ave., a four-suite retail strip and a Dillon’s Fuel… Read more
Wolfgang Puck Overseeing Catering at 200K-SF Scottsdale Pickleball Facility
Wolfgang Puck Catering will serve as the exclusive food and beverage services provider for PURE Pickleball & Padel facility’s first-floor… Read more
North Phoenix Shopping Center Trades for $71M
Longpoint Partners paid $71 million for Stetson Village, a 144,192-square-foot Safeway-anchored shopping center at 3780-3890 West Happy Valley Road in… Read more
CrownPoint Closes 30-Plus Sale-Leasebacks on Dental Properties
CrownPoint Partners said that year-to-date, it has closed more than $51.4 million in dental sale-leaseback transactions spanning 14 states and totaling… Read more
Southwest Value Partners Spends $296M on 7 Phoenix-Area Office Properties
Southwest Value Partners (SVP) acquired seven top-flight office properties in Phoenix, Scottsdale, Tempe and Chandler. City Office REIT was the… Read more
Tucson Vintage Properties Trade for $16M
CBRE has arranged the $16 million ($54,237 per unit) sale of a three-property multifamily portfolio in Tucson totaling 295 units, along… Read more