Mesa
California Investor Snags Mesa’s Sycamore Station Site for MF Development
Pride Ventures, LLC II, a California-based investor and developer, acquired Parcel 1 in Mesa’s Sycamore Station for $3.8 million. The… Read more
KB Investment Development Claims Mesa’s Superstition Canyon Apartments
Newport Beach, CA-based KB Investment Development added Superstition Canyon, a 200-unit Class A low-density garden community in East Mesa, to… Read more
Bela Flor Proposes 80-Acre MXU Development in Mesa
Mesa-based Bela Flor Communities submitted development plans for Mountain Vista in Mesa. The 80-acre site at Signal Butte Road and… Read more
Tower Capital Delivers $20M for Mesa Home2 Suites Development
Phoenix-based Tower Capital advised on more than $20.1 million in financing for the ground-up development of a 111-key Home2 Suites… Read more
Graycor Takes Off With 82,500-SF SkyBridge Hangar
Graycor Construction Co. broke ground on an 82,500-square-foot, Class A hangar building at SkyBridge, a master-planned development at Phoenix-Mesa Gateway… Read more
Newly Built Starbucks Sells to California Investor
Avalon Development of Scottsdale sold its recently delivered, 2,400-square-foot Starbucks store to W.A. Thompson, a California investor. The store, with… Read more
Armstrong Capital Acquires Fry’s Shops at Stapley & McKellips
Armstrong Capital Development LLC (ACD) made its second Arizona acquisition, acquiring 20,548 square feet of retail shadow space in Mesa,… Read more
Final Peralta Canyon Parcel Sells to Beazer Homes for Under $7M
Beazer Homes acquired 78 lots in Peralta Canyon, Phase II for $6.6 million. The parcel’s sale is the close-out of… Read more
CIT Secures $66M for Three BKM Industrial Assets
New York’s CIT Group Inc. has earned a clear endorsement from BKM Capital Partners after securing a total of $66… Read more
Construction Underway on Airport Office/Hangar Combo
Caliente Construction broke ground on a combination office/hangar building at the Phoenix-Mesa Gateway Airport. The general contractor is developing the… Read more
35K-SF Abrazo Cave Creek Hospital Planned
Abrazo Health is set to begin construction on a microhospital in Cave Creek, AZ. Situated just outside of Phoenix, the… Read more
Palladium Enterprises Readies to Break Ground on $75M, MXU GRID
Palladium Enterprises, in partnership with the city of Mesa, AZ and Benedictine University, will launch construction late this month on… Read more
Pollack Real Estate Ends Hold on 94K-SF Sun Valley Plaza
Pollack Real Estate Investments ended its 15-year hold on Sun Valley Plaza, a 94,094-square-foot retail property in Mesa, AZ. The… Read more
Completion Nears on First Cabana Affordable Apartments
Greenlight Communities is nearing completion on the first of a series of affordable complexes in the Phoenix area, which will… Read more
Westmount Realty Enters Arizona, Acquires 949 at the District
Westmount Realty Capital of Dallas, TX entered the Arizona market with its acquisition of 949 at the District, a 154-unit… Read more
Waypoint $108M Sale Breaks Phoenix-Metro Record
Harvard Investments and Lincoln Property Co. sold the Waypoint suburban Class A office campus for $107.6 million to Innovatus Capital… Read more
Harvard, Lincoln Campus in Mesa, AZ Nears 100% Occupancy
Recent leasing activity has brought Harvard Investments and Lincoln Property Company’s Waypoint office campus in Tempe, AZ to 98% occupancy.… Read more
IPA Brokers $30M Phoenix Metro MF Sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the $30-million sale of Modern on Gilbert, a 265-unit… Read more
Trio of Hotels Planned in Coachella Valley
Three hotels are planned to be built in two Coachella Valley cities. Desert Hospitality Group’s plans were approved for a… Read more