Arizona
Empire Group Starts Site Work on New Peoria Rental Community
Scottsdale-based developer, Empire Group of Companies commenced construction on its latest build-for-rent community in Peoria. Village at Pleasant River, located… Read more
Bela Flor Secures $24M For Mesa Rental Recap
Bela Flor Communities has secured $24 million in preferred equity for the recapitalization of Bella Victoria, a 236-unit luxury community in… Read more
Univ. of Arizona Opens $85M Space Science Lab
The University of Arizona marked the completion of construction and opening of the $85M Applied Research Building (ARB), an advanced… Read more
Central Phoenix BTR Community Sells for $491,000/ Unit
BSK 340 paid $10,325,000 for the 21-unit luxury build-to-rent community located in Downtown Phoenix. The seller was Metro 21 on… Read more
Tiger’s Mini-Golf Concept to Open in The Colony
It’s not just slow-turning windmills and moving bowling pins. Tiger Wood’s new family-friendly golf concept is called PopStroke and it’s… Read more
Co-Working Group Spends $15M on 53K SF Austin Office
Co-working company Expansive is set to open Expansive Austin Highland, a 48,000-square-foot office in Austin. It’s the companies second location in Austin… Read more
CRG Peddles 570K SF Glendale Warehouse for $82.6 Million
A just-completed Glendale, Arizona warehouse has been sold for $82.6 million. CRG sold Building E at the Cubes at Glendale,… Read more
Hard Rock Hotel Plans Scottsdale Location
The $100 million project is on the Salt River-Maricopa Indian Community, but it’s within a stones throw of Scottsdale, its… Read more
Arizona Tribe Releases Details of Newest Phoenix Casino
Earlier this week we ran a story about the Tohono O’odham tribes announcement about opening up their fifth Arizona casino,… Read more
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