Arizona
The Community Side of Data Centers
Discussions about data center design, development and operations tend to focus on site size, power requirements and operational metrics. What… Read more
Phoenix Seeking Partner to Build Hotel at Parking Lot Site
The idea of a mixed-use project where a Phoenix city parking lot stands has been moving along very slowly. Six… Read more
Newmark Arranges Refi of 3 Florida Multifamily Communities
Newmark arranged the $230 million recapitalization of a six-property, 1,600-unit multifamily portfolio on behalf of Slate Asset Management and ZMR… Read more
TruAmerica Multifamily Makes Key Regional Leadership Promotions
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, today announced a series of key leadership promotions as part of its ongoing… Read more
AZ Mining Company HQ On the Block
The Freeport-McMoRan headquarters building in Phoenix is nearly vacant. The mining company has been slowly moving workers to the Cotton… Read more
Developer Lands $42.5M Financing for Scottsdale Shopping Center
Pivot Development landed a $42.5 million equity placement for the Papago Marketplace, a 55,000-square-foot retail center in Scottsdale. JLL Capital… Read more
GBI’s Vicki Worden: Data Centers, Sustainability Go “Hand-in-Hand”
As demand for data continues growing unabated, development of data centers continues to ramp up. Yet the facilities’ 24/7 consumption… Read more
Gilbert Greenlights Massive Development
The City of Gilbert has okayed all entitlements for The Ranch, a landmark $1 billion mixed-use development. Led by development… Read more
Chicago/Midwest People & Company News, week of August 8, 2025
Lee & Associates announced that Colin Sons has joined the brokerage group as an associate. He will provide a full… Read more
Costco On Phoenix Metro Buying Spree
Costco Wholesale Corp. has bought two parcels for $35 million to build Costco Business Centers. The Phoenix Business Journal reports that… Read more
Chandler Rental Community Sells for $109.5M
Country Brook Apartments, a 396-unit multifamily property in Southwest Chandler, has sold for $109.5 million. Cindy Cooke, Brad Cooke, Chris… Read more
Avondale Picks Developer to Build Gateway Attractions
The city of Avondale chose Blueprints Capital and Whitten Development to build a 16-acre city-owned entertainment hub that would serve… Read more
Queen Creek Battery Maker Reveals Open Date
LG Energy Solution Ltd.’s (LGES) battery factory in Queen Creek is preparing to open next summer. The Phoenix Business Journal… Read more
Banner Health Proposing $400M Scottsdale Hospital
Scottsdale may soon be home to a 640,000 square foot hospital at the corner of Hayden Road and Loop 101.… Read more
Puma’s Glendale Warehouse Sells for $140.2M
Clarius Partners recently sold a Glendale Puma distribution center at 8900 N. Sarival Ave. for $140.2 million. JLL Income Property… Read more
Plans Revealed for Massive Arizona Data Center Industrial Park
Arizona land developer Vermaland unveiled plans for a $33 billion data center industrial park that would become the largest such development in… Read more
Knightvest, ColRich Ink Deal on Phoenix Rental Community
Knightvest has sold a Phoenix rental property for $62.3 million. ColRich purchased the 292-unit downtown multifamily community. Built in 2016,… Read more