Phoenix
TSMC Wins State Land Auction, Adding to Expansive N. Phoenix Holdings
Taiwan Semiconductor Manufacturing Co. was the winning bidder during a recent Arizona State Land Department auction, with a bid of… Read more
Onetime Buckeye Battery Manufacturing Site Sells for $32.5M
At one time, a 214-acre site in Buckeye was touted as the location of a future $1 billion battery manufacturing… Read more
Sunstone Two Tree to Deliver 550 Phoenix-Area BTR Homes
Sunstone Two Tree is delivering homes across three new communities in Phoenix. When fully delivered, they will total more than… 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
PCCP Provides $84M Loan for Phoenix Apartment Refi
PCCP provided an $84 million senior loan to Pacific Development Partners for the refinance of Montreux, a 335-unit, Class A… Read more
Investor Duo Sells Avondale USPS Distribution Center for $89.8M
Westfield and RGA ReCap offloaded the Fairway Commerce Center in Avondale, a 450,000 square foot distribution center. The $89.8 million… Read more
Benedict Canyon Equities Closes on Refi for 334-Unit Phoenix Rental Community
KeyBank Real Estate Capital secured a $53 million non-recourse, first mortgage loan for Benedict Canyon Equities to refinance existing debt… Read more
Phoenix Okays Zoning for Expanded TSMC Campus
Phoenix City Council unanimously approved rezoning measures allowing industrial uses on a roughly 900-acre site directly south of TSMC. The… Read more
Trident Provides Financing for Mesa Light Industrial Deal
Trident Capital Partners provided $2.1 million for a light industrial facility in Mesa, AZ. The bridge loan, which carries a… Read more
$25B Data Center Greenlit Near Buckeye
The Maricopa County Board of Supervisors approved zoning for a data center on a 2,000-acre site at Hassayampa Ranch, near… Read more
NexMetro Adding 23rd Phoenix BTR Community
NexMetro will officially open its 23rd Phoenix BTR community later this month. Avilla Western Garden will opens its doors at… Read more
DLC, DRA Partner on Five-State Retail Portfolio for $429M
Open-air shopping center owner-operator DLC and a fund managed by DRA Advisors have acquired an off-market, multistate shopping center portfolio totaling… Read more
Provident Building $80M Phoenix Industrial Park
Provident Industrial acquired 27 acres in Phoenix, Arizona, for the development of Aldea Exchange, a three-building Class A industrial park.… Read more
Former Phoenix Bank Tower Converting to Apartments
Kinella Capital has acquired One Camelback, a 163-unit commercial-to-multifamily conversion project in Phoenix. The project is taking shape at the… Read more
Trident Funds Acquisition Loan for Phoenix Retail Property
Trident Capital Partners, a real estate bridge lender specializing in tailored senior-secured financing solutions for commercial real estate nationwide, has… Read more
ASU Student Housing Complex Trades for $125M
Park Place Tempe, a 285-unit student housing complex near Arizona State University, was acquired by StonePeak for $125 million. The… Read more
Connect CRE Presents 2025 Lawyers in Real Estate Awards
Connect CRE announces its sixth annual Lawyers in Real Estate Awards. The awards recognize 10 attorneys from each of the… Read more
Berkadia, NYU Stern Host University Teams for Second Annual Case Competition
Berkadia recently partnered with the Chen Institute for Global Real Estate Finance at NYU Stern School of Business for the… Read more
Arizona Tribe Eyeing East Valley Casino, Retail, Office Project
The Salt River Pima Maricopa Indian Community (SRPMIC) is looking at turning 270 acres of tribal-owned land into a sprawling… Read more