Glendale
PCCP Provides $39M Construction Loan for Glendale Apartment Project
PCCP has provided a $39.4 million senior loan for the ground-up development of Acero Glendale, a 352-unit, garden-style apartment project… Read more
Nearly 400K-SF MXU Office, Industrial Development Underway in Glendale
Phoenix-based Creation commenced development on Northern 101 Commerce Center, a 388,621 square-foot industrial and office space on a nearly 30-acre… Read more
Hines, Oaktree Set Groundbreaking Date for Phoenix Industrial Project
Hines plans to start construction next month on the initial phase of G303, a Class A industrial development in Glendale,… Read more
CBRE Completes $2.7M Sale of Starbucks in Glendale
CBRE arranged the $2.66 million sale of a 2,400-square-foot, newly constructed single-tenant retail property leased to Starbucks at 5905 West… Read more
Greenlight Snags $23M Construction Loan for Phoenix Development
Scottsdale-based Greenlight Communities secured $22.9 million in construction financing and joint venture equity for the development of Cabana on 99th,… Read more
JLL Arranges $186M Financing for Metro Phoenix MFs
JLL Capital Markets arranged a refinancing totaling $185.63 million for a 1,439-unit portfolio of five multi-housing properties in Metro Phoenix.… Read more
Kidder Mathews Brokers 35-Acre West Phoenix Site
Midwest Land Trust acquired a 35-acre development site at El Mirage Road and Northern Avenue in Maricopa County for $2,600,000.… Read more
Valley Partnership Launches Economic Recovery: COVID-19 Real Estate Industry Series
Valley Partnership launched the “Economic Recovery: COVID-19 Real Estate Industry Webinar Series,” to provide important updates, information and guidance as… Read more
Glendale AZ’s Metro at Zanjero Apartments Sell for $55M
San Diego-based Sunroad Enterprises acquired Metro at Zanjero, a 253-unit multifamily community in Glendale, AZ from Private Portfolio Group for… Read more
Retail Center Trades Hands Again in Glendale
Brittany Square, a 49,004-square-foot retail center in Glendale, has traded for the third time in the past few years. This… Read more
Glendale Apartment Community Goes for $14M in Value-Add Play
NKF Multifamily handled the $14.3-million sale of Royal Palms, a 138-unit property located at 5902 West Royal Palm Rd. in… Read more
Hines Plans 1.1M-SF Spec Development in PHX’s West Valley
Houston-based Hines, together with funds managed by Oaktree Capital Management, L.P., bought 75 acres in Glendale for the future development… Read more
Lincoln Property Breaks Ground on Park303, Phase I
Lincoln Property Co. (LPC), along with Roth Development Corp. and Scottsdale Investment Management LLC, launched construction on the first phase… Read more
Construction Underway on 700K-SF Red Bull Facility
A year after partners Ball Corp., Rauch Fruit juices and Red Bull announced their intent to develop a 700,000-square-foot distribution,… Read more
NexCore Group Begins Work on 127K-SF Banner Health Center
Healthcare real estate developer NexCore Group LLC broke ground on Banner Health Center, a 127,243-square-foot, multispecialty medical office facility in… Read more
352-Unit Solano Vista Trades to SLC Buyer
Sundance Bay LLC plunked down $30.8 million to own the 352-unit Solano Vista in Glendale, AZ. Brian Smuckler, Jeff Seaman,… Read more
BH Properties Expands Arizona Footprint, Invests $55M
BH Properties of Los Angeles targeted investments further east — in Arizona — spending a total of $55.3 million for… Read more
129K-SF Sprouts Cold Storage Sells to CBRE Global Investors
A 128,929-square-foot cold-storage and distribution center occupied by Sprouts Farmers Market sold to a fund sponsored by CBRE Global Investors.… Read more
Is Florida Baby Boomer Central? Yes and No
The oldest of the Baby Boomers are now in their early 70s, while the youngest will turn 55 this year,… Read more