Gilbert
PCCP Provides $51.8M Refi of Gilbert 236-Unit Multifamily Community
PCCP has provided a $51.8 million senior loan to a joint venture between Phoenix Capital Management and P.B. Bell for… Read more
Investor Duo Offloads 92K-SF Gilbert MOB
RX Health & Science Trust and Transwestern sold Copper Point, a 92,109-square-foot, fully leased medical office building located at 3530… Read more
Wood Partners Sells Gilbert Apartments for $81.6M
Wood Partners sold the Alta Rise apartments in Gilbert to DWS Group for $81.6 million. DWS paid $293,525.18 per unit.… Read more
Barclay Group Seeking Gilbert Approval for Retail, Entertainment Venture
Barclay Group is awaiting approval from the Gilbert Planning Commission for a retail project within the 311-acre Harvest Grove development. Off… Read more
LA Angels Owner Buys Luxury Phoenix Rental Community
Los Angeles Angels owner Arte Moreno paid $125 million for the Cortland Biltmore, nearly $500,000 per unit. Moreno has a… Read more
Trident Capital Scores Refi for Scottsdale Retail Center
Trident Capital Partners secured a $13.25 million refinancing for the owners of Scottsdale Towne Center on Frank Lloyd Wright. Vestar… Read more
Gilbert Retail Center Trades for $85M
Meridian Capital Group has arranged $60 million in acquisition financing for the purchase of Gilbert Gateway Towne Center, a 263,973-square-foot… Read more
Gilbert Reviewing 568-Unit Apartment Complex
Plans for a new 568-unit apartment complex at Cooley Station were presented this month to the Gilbert Planning Commission. The… Read more
Velocity Launches Leasing at SanTan Crossing
Velocity Retail Group announced the launch of leasing for SanTan Crossing, a new restaurant and retail development located along Loop… Read more
KKR Pays $112.3M for Two AZ Senior Housing Properties
KKR acquired a Phoenix-area senior housing portfolio for $112.3 million. PGIM sold the two properties, totaling 285 units. Commercial Edge… Read more
Portland-Based Firm Acquires AZ Industrial Property for $78M
Portland-based real estate company Schnitzer Properties recently acquired a flex-industrial space for more than $78 million in Gilbert, Arizona. Schnitzer… Read more
Creation Finds Tenant Before Glendale Warehouse Construction Begins
Creation and QuarterMoore broke ground on Harbor Park, a two-building industrial complex spanning 9.69 acres in Glendale, which is already 67%… Read more
Bela Flor Lands $116M Refi for 3-Property BTR Portfolio
CBRE has secured $116 million in pre-stabilized bridge financing for three recently delivered built-to-rent properties in the greater Phoenix metro… Read more
Vestar Planning Massive “Urban Oasis” in Mesa
Retail developer Vestar revealed plans for Legacy Park, a massive mixed-use project in southeast Mesa. Spanning 200 acres near Mesa… Read more
Mall Owner Unloading Phoenix Properties
Mall owner Macerich has sold numerous Phoenix properties as part of a strategy to unload underperforming assets. The Phoenix Business… Read more
Gilbert Greenlights Massive Development
The City of Gilbert has okayed all entitlements for The Ranch, a landmark $1 billion mixed-use development. Led by development… Read more
Gilbert BTR Community Trades for $66.1M
Cavan Cos. sold The Bungalows at San Tan Village, a 159-unit build-to-rent (BTR) community in Gilbert for $66.1 million, according… Read more
Creation, Crescent Break Ground on Gilbert’s Heritage Park
Work has started on Heritage Park at the northern gateway of Gilbert’s Heritage District, marking the first phase of this… Read more
PCCP Secures Financing for Gilbert Apartment Project
Artom Holdings obtained $58 million in financing for The Parker on Higley, a Class-A, 261-unit multi-housing development in Gilbert. The… Read more