Arizona
NHP Sells Outpatient Portfolio to TPG Angelo Gordon JV
Newmark recently arranged the $108-million sale of a National Healthcare Properties (NHP) 10-building medical office portfolio. NHP, a publicly traded healthcare… Read more
Aligned to Open Mansfield Data Center
Aligned Data Centers announced its expansion in the Dallas-Fort Worth Metro Area with a new data center campus in Mansfield,… Read more
Tucson Airport Hotel Trades for $14.2M
The Courtyard by Marriott Tucson Airport Hotel at 2505 E Executive Drive in Tucson sold at auction for $14.2 million… Read more
Mesa Apartments Trade for $230K/Unit
Continental Realty Group purchased the 107-unit Copper Point Apartments in Mesa, Arizona, for $24.6 million, or about $230,000 a unit.… Read more
Surprise Retail Developer Secures $16.5M Refi
Common Bond Development Group obtained $16.5 million in senior financing for a newly constructed Safeway-anchored retail center in Surprise, Arizona.… Read more
Atlanta Preferred by CRE Investors
A recent survey of commercial real estate investors ranked Atlanta as a top 10 target among U.S. metros. The market… Read more
Phoenix Ranks 10th in Investor Survey
A recent survey of commercial real estate investors ranked Phoenix as a top 10 target among U.S. metros. Phoenix slipped… Read more
Cushman & Wakefield Taps Robert Thornburgh to Lead Southwest Region
Cushman & Wakefield said Wednesday it had appointed Robert Thornburgh, SIOR, CCIM, FRICS as regional president of the Southwest Region,… Read more
Sam’s Club Plans 166K-SF Mesa Store
Sam’s Club purchased 29 acres in Mesa for nearly $13 million to construct a 166,000-square-foot building and a 14-pump gas station.… Read more
Barclay Group Delivers 6 Arizona Fry’s Stores
Over the last fifteen months, Barclay Group has delivered six Arizona Kroger-anchored shopping centers, and two more will open later… Read more
North Phoenix Apartments Sell for $131.1M
Venture partners Rockpoint and Related spun off the Town Deer Valley, a 388-unit multifamily asset in Phoenix. The property sold… Read more
Phoenix Seeking Partner for Parking Garage-to-Hotel Conversion
The city of Phoenix is planning to issue a request for proposal to redevelop the Regency parking garage located on… Read more
Tucson Raytheon Flex Building Trades for $13.7M
The 72,000-square-foot office flex building at 3360 E Hemisphere Loop in Tucson at Tucson International Business Center sold for $13.7… Read more
Residential, Retail Project Proposed for Old Town Scottsdale
Wood Partners is proposing a new retail and residential mixed-use development in Old Town Scottsdale. The project, at Goldwater Blvd. and… Read more
Two Mesa Hotel Properties Acquired by HSL
HSL Properties acquired an Arizona hotel portfolio comprising a 180-room Sheraton and 129-room Courtyard by Marriott hotels in Mesa for… Read more
U.S. Affordable Housing Completions Likely to Peak in 2025
U.S. affordable housing completions are likely to peak at a multi-year high of 78,377 units in 2025, 12.6% higher than… Read more
Cypress Eyeing N. Phoenix Mixed-Use Project
Cypress Development Partners is planning a mixed-use campus in north Phoenix that will include medical and flexible offices as well… Read more