Arizona
Common Bond Reveals Retail, Hospitality Plans for Halo Vista
Common Bond Development Group announced The Shops at Halo Vista, a new 11-acre mixed-use retail and hospitality destination planned at the… Read more
Phoenix Office Market Shows Strength
The Greater Phoenix office market continues to see strong leasing and a decline in total inventory as obsolete buildings are… Read more
Dollar Tree Opens 1.2M-SF W. Phoenix Distribution Center
Dollar Tree’s 1.2-million-square-foot facility will soon start shipping merchandise to about 700 Dollar Tree stores in Arizona, Colorado, Nevada, New… Read more
NexMetro Debuts 229-Unit San Tan Valley BTR Community
Build-to-rent developer NexMetro Communities is opening Avilla Bella Camino, a new 229-home luxury rental community on 22 acres in San… Read more
Three Trends Shaping the Multifamily Outlook
Given all of the reports and write-ups about the multifamily sector over the past five years, we know where we… Read more
Simon CRE Moving Ahead on Surprise Mixed-Use Venture
SimonCRE paid $3.8 million for a 10-acre site in Surprise where it’s developing a retail center anchored by a Whole… Read more
Webinar: Distress Cycle Evolves as $520B of Maturities Looms
With roughly $52 billion of maturing commercial real estate debt considered at-risk out of the $520 billion coming due in 2026, industry leaders on the front lines… Read more
Milburn & Company Acquires 339-Unit Mesa Rental Community
D.R. Horton offloaded Ascend at Longbow Highpoint, a 339-unit multifamily community in Mesa, Arizona. Millburn & Company acquired the community.… Read more
Keystone Snags Refi on 166-Unit Apache Junction BTR Community
Keystone Homes obtained $30 million in Fannie Mae cash-out financing for The Havenly Superstition, a 166-unit, horizontal, apartment/cottage-style build-to-rent (BTR)… Read more
Nuveen Affiliate to Convert Tempe Office Space to Industrial
Converting sprawling office complexes into industrial parks is all the rage in the Phoenix metro area. Lincoln Property and Panattoni… Read more
Walmart to Double Size of Tucson Store
Construction is underway on a 160,000-square-foot Walmart Superstore at the southwest corner of First Avenue and Wetmore Road in Tucson.… Read more
Empire Group Brings On SimonCRE to Oversee Carefree Retail Center Venture
Empire Group of Companies has replaced Diversified Partners with SimonCRE to complete the buildout of a proposed 120,000-square-foot retail center… Read more
Vestar Offloads Queen Creek Retail Center, To Manage Property
Vestar sold the recently-completed Vineyard Towne Center in Queen Creek but will continue to manage the property on behalf of… Read more
Lincoln Converting Sky Harbor Offices to Logistics Campus
Lincoln Property Company has broken ground on Sky Harbor Logistics, an office-to-industrial redevelopment that will bring a two-building, Class A… Read more
Panattoni Converting Tempe Office Space to Industrial
Panattoni Development Company bought a 462,000 office complex in Tempa and has plans to convert it into a two-building industrial… Read more
Barclay Group Seeking Gilbert Approval for Retail, Entertainment Venture
Barclay Group is awaiting approval from the Gilbert Planning Commission for a retail project within the 311-acre Harvest Grove development. Off… Read more
PlaceMKR Buys 612K-SF Houston Crane-Served Warehouse Facility
PlaceMKR acquired Rankin Yards, a crane-served, high-powered advanced manufacturing campus in North Houston. The infill property, located at 1310 Rankin… Read more
One Camelback Office-to-Apartment Conversion Nearly Complete
Kinella Capital and developer TK Stratton are making strides with One Camelback, the adaptive reuse project that was stalled until… Read more
Vestar Reveals Verrado Marketplace Open Dates
Vestar revealed the opening schedule for Verrado Marketplace, the new 500,000-square-foot retail destination serving Buckeye and the West Valley. Anchor… Read more