Arizona
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
Scottsdale MOB Sells for $71.5M
Net Lease Office Properties (NLOP) sold an office property leased to CVS Health Corporation (“CVS”) for $71.5 million. Net proceeds after… Read more
Cypress West, TPG Angelo Gordon Close MOB Portfolio Financing
A joint venture of Cypress West Partners and TPG Angelo Gordon closed a medical office building portfolio financing and future acquisition credit… Read more
Texas Industrial Pipeline Takes a Dip
Dallas-Fort Worth is home to the third-largest industrial pipeline nationwide at 15.7 million square feet, representing 1.6% of the market’s current stock,… Read more
Vestar to Manage LV Power Center
Vestar has been engaged to provide management services for Silverado Ranch Plaza in Las Vegas, Nevada. The Phoenix-based company services… Read more
229-Unit Phoenix Rental Asset Trades for $79M
Christiansen Ventures acquired the 229-unit Alta North Central in Phoenix for $79 million, nearly $350,000 a unit. A CBRE Debt… Read more
Rehab Hospital Teaming Up with Mayo Clinic
Brooks Rehabilitation is constructing a new hospital adjacent to the Mayo Clinic in Phoenix. Brooks and the Mayo Clinic are… Read more
Ryan, DWS Teaming Up on Manor Industrial Venture
Ryan Cos. and financing partner DWS are joining forces on a 1.2 million-square-foot business park near Austin. In the first… Read more