Arizona
Phoenix Industrial Sector Leads Nation
Phoenix continues to lead the nation in industrial deliveries through Q4 2023. In Q4, the Valley delivered over 8.8 million… Read more
JV Acquires 4-Property Tucson Outpatient Portfolio
Altera Fund Advisors and Virtus Real Estate Capital acquired a four-property medical outpatient portfolio in Tucson from Healthcare Trust of… Read more
Tucson Retail Center Trades for $27M
The Rillito Crossing Marketplace in Tucson has been sold to Prairie Hill Holdings. Epic Real Estate Partners and Centerbridge agreed… Read more
Glendale Office Property Picked by Woodside
Woodside, a Texas investment firm, acquired the Talavi Corporate Center for $9.3 million or $153K/foot in an all-cash transaction. The… Read more
Walton Global to Demo, Redevelop PV’s Smoke Tree Resort
The shuttered Smoke Tree Resort in Paradise Valley will be demolished to make way for an 82-room resort and on-site… Read more
Ventana Medical Acquires Tucson-Area R&D Facility
Ventana Medical Systems, Inc. purchased the Pharmaceutical R&D Facility at 2090 E Innovation Park Dr., in Oro Valley, for $25… Read more
New Phoenix Hotel Blends in Historic Building
Anish Hotel Group decided it liked the old Fuller Paint Company building in downtown Phoenix. The building now hosts the… Read more
Empire Building AZ’s Largest BTR Project
Empire Group started construction on its largest build-to-rent project in Arizona, Village at Bronco Trail. The new development is in… Read more
Nominate the Year’s Top Leasing and Sales Brokers
2023 was a challenging year in commercial real estate, yet the industry’s leading dealmakers got it done. Do you know a… Read more
Phoenix Tops Nation in Manufacturing Plant Growth
Phoenix expects at least 14 major manufacturing facilities in the coming years, most in the country, says global real estate… Read more
Desert Diamond Planning $40M Overhaul
The Glendale entertainment venue is coming off a record year and wants to ensure it stays on top of its… Read more
Connor Group Acquires 4th Denver Rental Community
Adding to its multifamily properties in the Denver area, the Connor Group purchased a Littleton community for $100 million. The Connor… Read moreTucson Retail Center Flips for $27M
The Rillito Crossing Marketplace at Wetmore and North 1st Avenue in Tucson was sold to Prairie Hill Holdings for $27.5 million… Read more
La Quinta Retail Sells for 147% Total Return to DST Investors
Capital Square, a sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities, has sold… Read more
Massive Master-Planned Community Planned for NW Arizona
A Las Vegas developer, Allan Barbarich, is banking on the pot of gold at the end of the I-11 rainbow.… Read more
Wood Unloads Gilbert Apartment Community for $80M
Wood Partners sold the 248-Alta Cooley Station multifamily property in Gilbert for $80 million, which equates to $322,581 per unit.… Read more
$11B Financing Enables Massive NM Power Project
If that sounds big, it is. Pattern Energy Group LP (Pattern Energy) has closed an $11 billion non-recourse financing and… Read more
W. Phoenix Shopping Center Sells for $59M
The Palm Valley Pavilions West shopping center in Goodyear sold for $59 million. The Phoenix Business Journal reports that makes it one… Read more