Arizona
Albany Road Buys 95% Leased N. Phoenix Business Park
Albany Road Real Estate Partners has picked up its second Phoenix property, acquiring a property in the Deer Valley submarket… Read more
Newmark Hires Industrial Specialist Connor Reeves
Newmark hired industrial specialist Connor Reeves, SIOR as senior managing director. Reeves will be based in the El Segundo office… Read more
Sysco Expanding Arizona Presence with $102M Warehouse
It’s hard to believe Sysco Corp. can expand any further. Their hot dogs are served at most pro ball parks,… Read more
UrbanStreet Scores $62M Construction Loan for Goodyear Apartment Project
Six months ago UrbanStreet Group paid $14.5 million for a 17 acre parcel two miles from the Goodyear airport. Last… Read more
Brixton Acquires 300-Unit Phoenix Apartment Complex
Brixton paid $82 million for a Phoenix warehouse district apartment complex. Wood Partners sold the 300-unit Alta Warehouse. A CBRE… Read more
Q&A: The State of Multifamily Operating
Thirty Capital Performance Group recently released its 2023 State of Multifamily Operating Performance Chartbook. The Chartbook is a reference guide… Read more
Lee & Associates Negotiates Third Regional Lease for Bullfrog Spas
Lee & Associates negotiated a 10,200-square-foot lease for regional retail space located at Randall Square Shopping Center in Geneva, Illinois.… Read more
Picklemall to Open 46K SF Pickleball Facility at Former Toys”R”Us
Transwestern Real Estate Services represented Picklemall Inc. in a 46,000-square-foot lease at 5555 Town Line Road in Vernon Hills, Illinois.… Read more
Prologis Buyer in Arizona’s Largest-Ever Business Park Sale
Industrial real estate titan Prologis has paid $184 million for the newly-built Airpark Logistics Center in Goodyear. The seller, Creation,… Read more
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