Arizona
QuadReal Property Group Buys Annapolis Multifamily
QuadReal Property Group, a Canadian real estate company, acquired four multifamily residential properties, including the Maria luxury apartment complex in Annapolis,… Read more
High-End Phoenix Apartments Sell for $152M
Morgan Group sold the Pearl Biltmore luxury apartment community in Phoenix for $152 million. The property at 24th and Highland… Read more
Graycor Completes First Phase of 1.5M SF Glendale Project
Graycor Construction Company has completed Phase 1 of Virgin Industrial Park. The project by IndiCap and Invesco Real Estate has put a wrap… Read more
Phoenix Infill Site Owners Asking $52M
A rare infill property has hit the market in Downtown Phoenix. The subject property, 565 N. 3rd St., is a… Read more
Tucson Revered Retail Plaza Sells for $51M
First Washington Realty has paid $51 million for Casas Adobes Plaza, one of Tucson’s most well-known retail centers. Casas Adobes… Read more
Glendale Mixed-Use Project Proposed Near Entertainment District
SimonMed is pursuing a permit to build a 239-unit apartment complex and 13,000 square feet of office space near the… Read more
Sprouts to Open Two Phoenix-Area Stores
Sprouts Farmers Market will be adding to its 46 stores in Arizona. The company has recently announced that it will… Read more
Circle K Could Take Over Rival 7-11
Most Arizonans know about Circle K’s. They’re on the busiest corners in most of the state’s communities. Circle K was… Read more
TSMC, Intel Supplier to Spend $50M on Mesa Facility
South Korea’s semiconductor company KoMiCo is scheduled to invest $50 million to build a major cleaning, coating, and repair facility… Read more
It’s Time to Submit Nominations to the 2024 Women in Real Estate Awards
The deadline for submitting nominations to Connect CRE’s 2024 Women in Real Estate Awards is drawing near, but there is… Read more
Atlanta-Based Cortland Raises $1.5B for Value-Add Multifamily Fund
Cortland has closed its Cortland Enhanced Value Fund, securing $1.5 billion in commitments. The value-add, multifamily fund is meant to… Read more
Scottsdale Lands Immersive Baseball Venue
Home Run Dugout, the only entertainment venue featuring indoor soft-toss baseball, is opening in Scottsdale. It features fully integrated pitching… Read more
Packaging Giant Chooses Casa Grande Plant Location
Wisconsin-based Green Bay Packaging plans to develop a new building on 80 acres it bought in Arizona. The site, located south… Read more
Goodyear Exploring $130M Sports Park
The growing City of Goodyear is looking for a long-term partner to develop and operate a massive sports center that… Read more
130K-SF Mesa Retail Center Trades for $26M
SimonCRE has sold the Mesa Ranch Plaza, a 130,000-square-foot shopping center in Mesa, Arizona. Private investor, Mesa Ranch 24 paid… Read more
MDH Spends $51M on Buckeye Warehouses
MDH Partners paid $51 million for KV Buckeye 10, a new 249,600-square-foot industrial complex that is 60% leased. Kentwood Ventures… Read more
Phoenix-Area Industrial Portfolio Trades for $74M
Longpoint Partners acquired Midway Commerce Center, a 301,994-square-foot, Class A three-building light industrial portfolio in Chandler, AZ, and a single 68,790-square-foot… Read more
First National Acquires Fountain Hills Shopping Center
First National Realty Partners (FNRP) acquired the Fountain Hills Plaza, a 111,284-square-foot shopping center in Fountain Hills. This marks the firm’s… Read more
Nominate a Woman in Real Estate for Our Eighth Annual Awards
With a little more than a week to go before the deadline for submitting nominations to Connect CRE’s 2024 Women… Read more