Arizona
NMHC Applauds Creation of Bipartisan Congressional YIMBY Caucus
A bipartisan group of lawmakers in the U.S. House of Representatives has launched the Congressional Yes In My Back Yard… Read more
Massive Tucson Sports Center Breaks Ground
The days of putting up a few outdoor basketball backboards at a public park are long gone. The competition to… Read more
INDUS Acquires Phoenix Warehouse Distribution Center
INDUS Realty Trust acquired Phoenix Airport Logistics, a 393,484-square-foot warehouse/distribution center in Phoenix’s airport submarket. Indus paid $72.4 million for… Read more
CityNorth Welcoming Dual-Branded Hotel
CityNorth, a 100-acre property in the Desert Ridge area of north Phoenix, is adding a dual-branded hotel to its growing… Read more
Axon Greenlighted for Scottsdale Campus Development
The Scottsdale Planning and Zoning Commission has passed Axon Enterprise’s zoning plans for its new headquarters and mixed-use project. The… Read more
P&G Progressing on $500M Coolidge Plant
Procter & Gamble Co. has committed to build a $500 million plant in Coolidge, Arizona. The company is moving forward with… Read more
Inland Property Management and Leasing Group Takes “360-Degree Approach”
“When you’re presented with a challenge, it actually presents an opportunity,” said Niall Byrne, president of Inland Property Management and… Read more
Rockwall Mixed-Use Project to Include IKEA
A smallish 108,000 Ikea store is going into a Rockwall mixed-use project. A traditional IKEA store requires over 300,000 square… Read more
California Transplants Liking AZ Home/Rent Prices
Apartment developers and investors are always in the market for good information before they consider a project. A Storage Cafe… Read more
Woodside Health Adds Another Phoenix Property
Woodside Health has paid $20.9 million for Paradise Valley Plaza, a three-building, multi-tenant office and medical complex spanning 100,203 square… Read more
Proposed Buckeye Power Center to Start Construction
Vestar will break ground net week on its massive shopping center in Buckeye, which will feature a Harkins BackLot, a Target, a Safeway and… Read more
Tucson BTR Developer Inks $41.1M Refi
Calmwater Capital has provided Moderne Communities with a $41.1 million loan to refinance a 224-unit build-to-rent community in Vail, AZ.… Read more
Two Multifamily Developers Choose Maricopa
Land Advisors Organization facilitated the sale of two adjacent land parcels in the City of Maricopa, which are slated to… Read more
Tempe Considering 2,391-Bed ASU Student Housing Venture
Up Campus Properties is proposing a 950-unit student housing project at Rural Road between Apache Blvd. and University Drive in… Read more
Peoria Hotel Developer Closes on Construction Loan
Concord Summit Capital closed a $12.2 million construction loan to a developer planning a new 124-room extended-stay property in Peoria, northwest… Read more
Investors Ink Financing for 271-Unit Phoenix-Area BTR Project
Lincoln Avenue Communities and WNC & Associates secured financing for The Ranches at Gunsmoke, a 271-unit build-to-rent affordable development in… Read more
Biltmore Fashion Park Adds Retail Tenants
RED Development unveiled more plans for the future of Biltmore Fashion Park, a high-end outdoor shopping and dining destination. The… Read more
Mesa Land Auction Guaranteed to Interest Bidders
Public land auctions in Arizona typically get a lot of buzz. The Mack Real Estate Group’s winning bid on an… Read more