Arizona
It’s Time to Nominate Commercial Real Estate’s Leading Attorneys
The deadline is drawing near to submit nominations for Connect CRE’s fifth annual Lawyers in Real Estate Awards. We believe there are… Read more
Kidder Mathews Promotes Longtime Leader Eric Paulsen to Brokerage President
Kidder Mathews has promoted Eric Paulsen to president of brokerage, where he will lead more than 500 brokers across the… Read more
615K-SF Mesa Spec Logistics Center Accepting Tenants
Logistics Property Co. has completed the Palm Gateway Logistics Center, a 615,000-square-foot speculative campus in Mesa, Ariz. Commercial Edge reports… Read more
EQT Exeter Acquires 860K-SF Phoenix Warehouse Package
EQT Exeter paid $143.2 million for a six-buildiing Phoenix industrial portfolio. Link Logistics was the seller of the package, called… Read more
Pinnacle Partners Raises $90M for Multi-Asset Opportunity Zone Fund
Real Estate investment management firm Pinnacle Partners announced the closure of its twelfth Qualified Opportunity Zone Fund (QOF), securing $90… Read more
Meridian Buys 94K-SF Tucson Healthcare Facility
Meridian has purchased a vacant 94,569-square-foot medical building in Tucson at 4888 N. Stone Avenue on a 9.27-acre parcel for… Read more
We’re Looking for More Leading CRE Attorneys
Nominations have been streaming in for Connect CRE’s fifth annual Lawyers in Real Estate Awards, and we appreciate the positive response. However,… Read more
Amazon Pays $277M for Likely Data Center Site
Amazon has paid $277 million for a 220-acre site in Laveen that could be used as a data center campus.… Read more
Funding Secured for First Metrocenter Redevelopment Phase
Concord Summit Capital (“Concord Summit”) arranged a $24.5 million construction loan to finance demolition, abatement and infrastructure entitlements for the redevelopment of… Read more
Empire Group Eyeing 100K-SF Carefree Retail Project
Empire Group and Diversified Partners are teaming up on a new retail center at Cave Creek Road and Carefree Highway.… Read more
Arizona Land Pays $20M for Zoned Buckeye Warehouse Site
Arizona Land Consulting closed on a $20 million acquisition in Buckeye, Ariz. Located on west Southern Ave. and South Rooks Road,… Read more
Buckeye Advances Master-Planned Community
Homebuilder Lennar has received approval from a Buckeye planning board to build a mixed-use venture at the corner of West… Read more
Phoenix Sees First Office Vacancy Rate Decline in 5 Years
A recently released JLL report on the Phoenix office market notes that vacancy rates are decreasing, the sublease market is showing… Read more
Energy Storage Supplier Inks 530K-SF Lease in Goodyear
Although it has seen success in its shipping container business, GTI Fabrication has experienced a boost in demand from energy storage over… Read more
Whitestone REIT Offered $750M in Takeover Bid
MCB Real Estate has offered to buy Houston-based Whitestone REIT for just over $750 million. Coupled with Whitestone’s roughly $667… Read more
Z Modular to Build 318-Unit San Tan Valley Rental Community
Modular apartment builder Z Modular has paid $14.4 million for land in San Tan Valley for the development of a 318-unit… Read more
Nominate a Leading CRE Attorney for Connect CRE’s 2024 Lawyers in Real Estate Awards
For the fifth year in a row, Connect CRE has opened nominations for our annual Lawyers in Real Estate Awards.… Read more
Phoenix Mega-Resort Adding Indoor Theater, Convention Center
VAI Resort is expected to be the Valley of the Sun’s largest resort. The massive development will include four hotel… Read more