Arizona
Tract Pushing for 1,700-Acre Buckeye Data Center Campus
Data center developer Tract plans a 1,700-acre data center campus in Phoenix’s West Valley, just south of Interstate 10. Approval… Read more
Soon-To-Be Grand Hyatt Scottsdale Resort to Open This Fall
The Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch in Arizona is undergoing a multiphase renovation which is expected to be… Read more
Kidder Mathews Re-Ups Downtown Seattle Lease
Kidder Mathews has relocated its offices at Two Union in downtown Seattle, where the company has been headquartered for nearly… Read more
Tower Capital’s George Maravilla Provides Teaser on BTR Lending for Upcoming Connect Texas Multifamily Event
Over the next few weeks, ConnectCRE will preview speakers and moderators from the varied panel discussions at Connect Texas Multifamily… Read more
Tower 16 Picks Up 8th PHX Acquisition
Tower 16 Capital Partners and Raith Capital Partners acquired Ascend on Glendale, a 216-unit multifamily property located near the rapidly… Read more
Macerich Off-Loads Interest in Biltmore Fashion Park
Macerich Co. sold its 50% stake of Biltmore Fashion Park to Red Development. Phoenix-based Red Development will now own 100%… Read more
Creation Jettisons Chandler Warehouses for $57M
Midway Commerce Center located in Chandler traded hands this week as Creation sold the three-building, 301,994-square-foot master-planned industrial center to Boston-headquartered Longpoint… Read more
Aircraft Supplier Spends $27.5M on Tempe Warehouse
Aircraft supplier Setna iO/Setnix has acquired a 112,300-square-foot industrial property at 1345 S. 52nd St. in Tempe for $27.5 million.… Read more
Overton Moore Raises Equity for $300M of CA Logistics Acquisitions
Logistics real estate developer and operator Overton Moore Properties (OMP), headquartered in Torrance, said Monday it had raised $150 million of equity… Read more
Goodyear Amazon Distribution Center Needs 500 Workers
Amazon will move into a 1.2 million square foot distribution center at Loop 303, S of the SWC of Cotton… Read more
Amkor Offered $600M in US Grants, Loans for Peoria Plant
Amkor Technology signed a non-binding preliminary memorandum of terms with the US Department of Commerce to receive up to $600 million in… Read more
Conn’s, BigLots Shuttering Arizona Stores
Conn’s HomePlus has filed for bankruptcy and is closing 71 of 170 Conn’s HomePlus stores. The Texas-based company filed for Chapter… Read more
Medical Properties Trust Unloads 8 Arizona Medical Facilities
Medical Properties Trust, Inc. (MPT) sold the 50-bed Arizona General Hospital in Mesa, AZ and seven freestanding emergency department (FSED)… Read more
Lion Expands Nashville Apartment Portfolio
Lion Real Estate Group acquired Bradford Woods, a 312-unit multifamily property in Nashville. The latest purchase increases the company’s stake… Read more
Tower 16 Refis Apartments in Inland Empire, AZ for $128M
San Diego-based Tower 16 Capital Partners closed on a $128-million refinancing of a four-property multifamily portfolio comprising nearly 1,000 units across the Inland Empire… Read more
QTS Pays Nearly $250M for W. Valley Data Center Site
Blackstone affiliate QTS acquired 206 acres in the West Valley from TGV Investments LLC in an all-cash deal, worth $246.8… Read more
New San Tan Retail Center Taking Shape
Developers Okland Capital and San Tan Development Group have started construction on the first six buildings at Northside at SanTan… Read more
Phoenix Retail Market Stays Hot
Phoenix’s retail market has an envious record of low vacancy rates, steady growth and rising rents. According to Avison Young’s… Read more
296-Unit Rental Community Trades Near Westgate Entertainment District
Bridge Investment Group has acquired Glen 91, a 296-unit multifamily asset in Glendale, for $76.5 million, just over $258,000 a… Read more