Gilbert
Phoenix Rental Communities Trade for $238 Million
Azul at Spectrum and Borrego at Spectrum, a combined 624-unit multifamily community in Gilbert, sold for a combined price of… Read more
Thompson Thrift Picks Up 35 Acres for Gilbert Mixed-Use Project
Thomson Thrift plans to develop The Gilmore, a mixed-use project with apartment homes and more than 200,000 square feet of… Read more
Newmark Aids in Flip of Gilbert Office Asset
The 149,321 square-foot office complex, The Reserve at San Tan sold for $53.1 million ($355/ft). The project, built in 2020… Read more
Decron Properties Makes Ninth Phoenix Metro Acquisition
Los Angeles-based Decron Properties paid $91 million for The Wyatt, a 216-unit garden-style apartment in Gilbert. The company has acquired… Read more
IndiCap, Invesco Venture to Build Phoenix Business Park
IndiCap is continuing its pursuit of Phoenix-area developments. This time they are joining up with Invesco to build the Virgin… Read more
NextGen Spins Off Mesa Apartment Complex
The 104-unit Craft @ Gilbert & Baseline was sold for $45 million, or $432,000 a unit. The sale occurred in… Read more
Award-Winning Office Sells in Gilbert
The Collab was sold by Creation, a Phoenix real estate investment firm. The sales price was $20.2 million, more than… Read more
New Rental Home Community Coming to Gilbert
Continental Properties is calling its latest build-to-rent community Avanterra Town Square. It will include 102 single-family home rentals with the… Read more
Phoenix-Area Town Ranks #1 in Office Construction
Gilbert Arizona, once known as “The Hay Shipping Capital of the World” has developed into a world beater when it… Read more
Uncommon Side-by-Side Grocery Stores Sell Near Phoenix
A Trader Joe’s and Sprouts Farmers Market have lived in harmony in a popular retail center for over 25 years.… Read more
Creation RE JVs with J.P. Morgan on $1B Industrial JV
Creation RE, a real estate investment and development firm headquartered in Phoenix, and institutional investors advised by J.P. Morgan Global… Read more
Multi-Use Project Funded Near Phoenix
Heritage Park is a commercial, mixed-use location in Phoenix’s Southeast Valley – and Heritage Park is about to see some… Read more
Four-Property Portfolio is Perfect Fit for Bridge Loan
Financing to the tune of $317 million for a four-property portfolio totaling a combined 1,368 units was recently arranged on… Read more
Largest Marketed Portfolio Metro Phoenix 5 Goes for $414M
The Metro Phoenix 5 Portfolio, one of the largest marketed Arizona multifamily portfolios to date, recently sold for a combined… Read more
Gilbert Gateway North Buy Reflects Income Growth Potential
Gilbert Gateway Towne Center North, a 265,878-square-foot retail destination shopping center in Gilbert, recently sold for an undisclosed purchase price.… Read more
Three Industrial Spec Buildings Will Add 309K SF to Gilbert Spectrum
Quickly following its completion of Gilbert Spectrum Building 5 – built for Northrop Grumman – developers GID and SunCap Property… Read more
Newly Launched CA Health and Science Trust Lands Backing from Asset Management Firms
CA Health and Science Trust, Inc. (CAHST), a newly formed and externally managed private REIT, has closed on an investment of up to $245… Read more
Gilbert Crossroads Business Park is Fully Leased Prior to Completion
Leasing is buttoned up for Gilbert Crossroads Business Park, with all tenants signed before construction completion. The project includes four… Read more
Savage Universal Embarks on HQ Expansion in Chandler
Phoenix-based Stevens-Leinweber Construction recently broke ground on a build-to-suit headquarters expansion for Savage Universal. The project is scheduled for completion… Read more