Arizona
Report: Border Industrial Warrants Investor Attention
Cross-border manufacturing isn’t anything new. Maquiladoras – factory and manufacturing plants – have been operating close to the U.S.-Mexican border… Read more
George Oliver Tasked with Biltmore Commerce Center Redo
Niche Developer George Oliver, known for its office redevelopments, has unveiled plans for Bond, a $52 million renovation on the landmark… Read more
Fidelis Realty Acquires Former Sears Assets in Central U.S.
JLL Capital Markets secured acquisition financing for an 11-property, 1,500,000-square-foot retail portfolio, consisting of repurposed and upgraded former Sears retail assets… Read more
Time to Nominate Commercial Real Estate’s Rising Stars
The deadline is drawing near for nominations in Connect CRE’s seventh annual Next Generation Awards. Although response has been positive,… Read more
GTIS Partners Launches Build-to-Rent Subsidiary
GTIS Partners, a Manhattan-based global real estate investment firm managing $4.3 billion in gross assets with a U.S. focus on… Read more
Arizona Tribe Adding Another Phoenix-Area Casino
A fifth Desert Diamond Casino is ready to start construction at a 110-acre site located at the southeast corner of… Read more
Maricopa County Leads the Nation in Growth
The county’s population increased by 1.3% from July 2021 to July 2022 with the addition of 56,831 new residents, according… Read more
Florida Group to Transform Phoenix Offices into Apartment Rentals
Florida-based Cedar Grove Group is planning to convert an office building into new apartments in Phoenix. The three-story vacant office building… Read more
IndiCap, Invesco Team Up on 1.5M SF Business Park Build
IndiCap and Invesco are working together on a 1.5 million square foot industrial project in Phoenix. They secured an $88… Read more
Three Phoenix Major Mall Overhauls Taking Shape
The Covid pandemic put the nail in the coffin of a number of mall properties throughout the United States. Now,… Read more
Northmarq Arranges Sale-Leaseback on Mount Vernon Mills Facility
Northmarq associate VP Robert Poirier, based in Northmarq’s Atlanta office, arranged the $9.5-million sale leaseback of a single-tenant industrial property… Read more
Yuma County to be Home to $200M EV Material Processing Plant
Yuma County has permitted a production facility that will produce cobalt sulfate for EV batteries, a material crucial for America’s… Read more
Affordability Driving Heightened Interest in Texas Manufactured Home Communities
A lot has been reported about the increase in manufactured home communities as a response to a lack of affordable… Read more
StreetLights Residential Makes Three Executive Moves
StreetLights Residential, a design-driven developer of multifamily and mixed-use communities, has made three executive-level promotions. Andrew Kastanos has been promoted to Chief Financial… Read more
New Harkins Entertainment Concept Planning North Phoenix Debut
Harkins Theatres is looking to open Harkins BackLot, a new concept family entertainment center that was inspired by the classic… Read more
High End Fitness Center, Residences Merge at New Paradise Valley Project
The team of RED Development and Life Time is merging the athletic club and rental community. The two-in-one project will… Read more
Report: Los Angeles has Most Vacant Land of California Cities
For developers looking to build in California’s 4 most populous cities, Los Angeles ranks #1 in developable land with 42,000… Read more
Most of Tucson’s Foothills Mall Bulldozed, “Reveal” to Come
Redevelopment of Tucson’s Foothills Mall is underway as walls are taken down for the future mixed-use project, Uptown. Local developer Bourn… Read more
We’re Looking for More Rising Stars in Commercial Real Estate
Response to our call for nominations in Connect CRE’s seventh annual Next Generation Awards has been positive. However, we are… Read more