Arizona
San Tan Valley Land Sale to Trigger Retail Center
SRS has completed the $10 million sale of a 31-acre commercial land parcel at the northeast corner of Hunt Highway… Read more
Creation, Crescent Break Ground on Gilbert’s Heritage Park
Work has started on Heritage Park at the northern gateway of Gilbert’s Heritage District, marking the first phase of this… Read more
Altus Group: CRE Sales Volume Slows in Q1 2025
Total dollar value of commercial real estate investment sales dropped to $69.3 billion in the first quarter of 2025, down… Read more
EdgeCore Adding to Mesa Data Center Campus
EdgeCore purchased nearly 44 acres for a million dollars an acre to add to its data center campus in Mesa.… Read more
Battery Storage Maker Increases Investment in Goodyear
GTI Energy plans to invest $33 million initially and invest another $20 million to open a 530,000-square-foot manufacturing facility at… Read more
Ares Pays $137.5M for Chandler Apartments
PB Bell and PCCP have sold Zaterra, a 392-unit multifamily property in Chandler. The asset traded for $137.5 million, or… Read more
Trinity Unloads Phoenix’s Largest Resort for $865M
Trinity Investments (“Trinity”) sold the JW Marriott Phoenix Desert Ridge Resort & Spa, a 950-room hotel and the largest resort… Read more
Scottsdale Apartment Project Greenlighted
The city of Scottsdale gave DPC the go-ahead to build a 189-unit apartment complex on roughly 8.5 acres at 7000… Read more
PCCP Secures Financing for Gilbert Apartment Project
Artom Holdings obtained $58 million in financing for The Parker on Higley, a Class-A, 261-unit multi-housing development in Gilbert. The… Read more
Work Underway on Arizona’s First Buc-ee’s
A Buc-ee’s the size of a neighborhood supermarket broke ground in Goodyear. The 75,000-square-foot travel center, to be located at… Read more
Tower Capital Arranges $79.5M Refi for Phoenix BTR Community
Tower Capital arranged $79.5 million to refinance an existing loan for the Village at Bronco Trail, a 354-unit BTR community… Read more
CRG Introducing The Cubes to Nashville
CRG is bringing its vaunted Cubes to Nashville. The Cubes at Sparta Pike is a master-planned industrial park comprising four… Read more
McCarthy Cook Acquires Mesa Warehouse Facility
Jeff Arnold sold the Tailwinds at the Gateway Industrial Complex in Mesa for $51 million or about $300 a square… Read more
MC Picks Up 282-Unit Scottsdale Rental Asset
MC Companies acquired The Core Scottsdale — a Class A multifamily community located in North Scottsdale. MC Companies secured acquisition… Read more
Berkadia Student Housing Transacts on 11K Beds in Q1
Berkadia announced that its Student Housing platform had a successful first quarter with significant transaction activity nationwide. The platform transacted… Read more
MLB Owner Adds to Phoenix Holdings
Los Angeles Angels billionaire owner Artie Moreno recently bought a 21-acre vacant lot in Gilbert for $24.5 million. The sale… Read more
Headquarters Relocations: When, Who, Where, and Why
It’s not easy for a large company to pick up its headquarters operations and move them elsewhere, whether that move… Read more
Creation to Start Work on The Switchyard in Queen Creek
Creation is days away from starting construction on The Switchyard, a $120 million mixed-use project in Queen Creek. The mixed-use… Read more
Chandler “Lakefront” Property Sells for $90.5M
TGM acquired a 296-unit apartment complex in Chandler for $90.5 million. The property is now named TGM Ocotillo Bay. Built… Read more