Arizona
Phoenix Industrial Market Stays Hot
Phoenix continues to surge in the industrial real estate market when it comes to new deliveries and rental rates. While… Read more
Tucson Mall Acquired for $87M
Park Place Mall has been a focal point in Tucson shopper’s minds since the 70s. Like most malls, it has… Read more
Novae Corp. Completes Nine-Property Sale-Leaseback
Newmark arranged the sale-leaseback of Novae Corp.’s nine-property, 754,795-square-foot, 238-acre industrial portfolio spanning across five U.S. states. Newmark advised Novae Corp. in… Read more
Stream Hires Away Four JLL Brokers for Phoenix Office
Dallas-based Stream Realty Partners LP has hired four office leasing brokers from JLL: managing directors John Bonnell and Brett Abramson,… Read more
Phoenix Suns Building $100M HQ/Mercury Facility
The Phoenix Suns and WNBA Phoenix Mercury unveiled plans for a new team member business headquarters and a dedicated practice… Read more
Scheels Opens Arizona Store to Stunning Crowds
If you’re not familiar with Scheels now, you will be. If it’s not the sporting goods, it’s the Ferris wheel,… Read more
The District at Scottsdale Flips for $161.5M
KKR sold The District at Scottsdale, a 332-unit Class A residential building, for $161.5 million. Fairfield Residential was the buyer. The… Read more
Nominate a Standout Attorney for Connect CRE’s 2023 Lawyers in Real Estate Awards
For the fourth year in a row, Connect CRE has opened nominations for our annual Lawyers in Real Estate Awards.… Read more
WNC Closes LIHTC Funds at $350M
WNC, an Irvine-based provider of investment, asset management and development services in the affordable housing industry, closed two institutional low-income… Read more
135-Unit BTR Project Opens in Mesa
A 135-unit single-family rental community has opened in Mesa. The developer, Isola Communities, broke ground on the build-to-rent project in… Read more
Tempe Developer Converts Famed Surf Park to Business Park
When Big Surf opened in 1969, it was one of the first surf parks with real waves. A developer has… Read more
Retail Owners, Investors Poised to Gain from High Occupancy and Strong Rent Growth
Due to the high levels of occupancy in the retail sector and its undersupply of new development, current owners and… Read more
Scottsdale Hotel Claims $102M Pricetag
A 177-room Canopy by Hilton Scottsdale Old Town hotel was acquired by Dynamic City Capital for nearly $102 million. Miller… Read more
Empire Affiliate to Build 25-Story Phoenix Mixed-Use Project
Aspirant Development, a sister company of Empire Group of Cos., has been preparing to turn a vacant infill property (see… Read more
Harvard Investments Buys Goodyear’s King Ranch
Harvard Investments already has a significant presence in Goodyear. Harvard owns Estrella, a 20,000-acre mixed-use master-planned community, FirstStreet Ballpark Village… Read more
ViaWest Moving on $96.5M, 2M SF Glendale Industrial Build
ViaWest Group has obtained $96.5 million for the development of The Base, an industrial project totaling nearly 2 million square feet… Read more
Bass Pro Shops to Open Tucson Superstore
Bass Pro Shops will build a 100,000 square-foot store on an undeveloped 13-acre site between Costco and the new Hotel… Read more
S. Tucson Site for Rare New Apartment Complex
Cabana Bridges will bring 288, much-needed apartments to South Tucson, a mile square village just outside Tucson. South Tucson has… Read more