Arizona
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
Holualoa Building Buckeye Townhome Rentals
Construction is commencing on a new housing concept reasonably priced for middle-class individuals and families, with the first project located… Read more
Camelback Corridor Office Flips for $72.1M
LPC Desert West (LPC), a division of Lincoln Property Company, has sold the landmark 3131 and 3133 Camelback to an entity… Read more
Report: The Ascendancy of Advanced Manufacturing in North America
Once upon a time, the United States was a manufacturing mecca with high levels of sector employment. Then came the… Read more
One Scottsdale Attracts Another Apartment Developer
Denver-based apartment builder Grand Peaks bought a three-acre parcel in One Scottsdale, DMB’s expansive mixed-use development at Loop 101 and… Read more
N. Phoenix Apartment Rental Sells for $80M
A 292-multifamily asset in Phoenix sold for $79.25 million or $271,404 per unit. The property, Cabana Happy Valley, is in North… Read more
Pacific Workplaces Expands to Cupertino
Pacific Workplaces, a San Francisco-based coworking company and hybrid work solutions provider, will open a new flex office space at 10080… Read more
Priderock Capital Garners $130M for Phoenix Multifamily Community
Arcadia Cove, a 432-unit multifamily community in Phoenix, was acquired by Blue Rock Capital for a sales price of $… Read more
Queen Creek MOB Acquired for $23.3M
Plaza Companies and Ryan Companies have sold the Ironwood Medical Pavilion on the Banner Ironwood Medical Center campus in Queen… Read more
Sterling Asset Management Names 30-Year Veteran as President
Kevin Grani, a 30-year property management executive, has been named president of Sterling Asset Management Company, a subsidiary of Community Housing Opportunities… Read more
Kidder Mathews Grows Valuation Advisory Group
Kidder Mathews is growing its valuation advisory group. Justin Alexander, MAI, has joined the firm in Seattle as a senior… Read more
Vestar Wants Shoppers to Stay Cool
In spite of days that often exceed 110 degrees in the summer, Phoenix has a number of outdoor malls. Mall… Read more