Arizona
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
DFW Leads the Nation in Buildable Space
Dallas is tops in the country in commercial property deals. Yet, still there are a lot more to be had.… Read more
Buckeye OK’s 1,400 New Apartment Units
The City of Buckeye, about 30 minutes west of Phoenix, admits they are low on housing stock. The town’s planning… Read more
$125M Gilbert Mixed-Use Project to Start Taking Shape
A Scottsdale-based developer is ready to begin construction on a $125 million mixed-use project that will bring two new hotels,… Read more
Dallas-Based Hotel Investors Acquire 16 Property Portfolio
The properties included one in Texas, The Courtyard Houston Hobby Airport. The 16-property, 2,155-key hotel portfolio is located across nine… Read more
Service Properties Trust Divests 16 Hotels for $137M
Newton, MA-based Service Properties Trust has sold a 16-property, 2,155-key hotel portfolio located across nine states. A joint venture of… Read more
Phoenix-Area Town Lands “Largest Ever” $5.5 Billion Lithium-Battery Complex
The investment represents the largest single investment ever for a stand-alone battery manufacturing facility in North America. LG Solutions (LGES),… Read more
AI and Data Centers: A Perfect Marriage?
Though artificial intelligence has been around for years (think Amazon’s Alexa and Apple’s Siri), the introduction of chatbot ChatGPT really… Read more
Northmarq Helps Finance $45M Tucson-Area Rental Community
Northmarq’s Debt and Equity team of Brandon Harrington and Tyler Woodard secured $44.9 million in construction financing for the development… Read more
Arizona’s Banner Health Care Sells Peoria Facility for $29M
Banner Health Care of Arizona has had a busy last few days. Earlier this week they announced they were going… Read more
Manufactured Housing Trend Hits Lake Conroe
Manufactured home communities have become more popular recently, with rising single-family home prices and mortgage interest rates pricing out many… Read more
Banner Health Spending $400M on New Scottsdale Hospital
Arizona-based Banner Health is finalizing the purchase of 48 acres of land on the southwest corner of Hayden Rd. and… Read more