Phoenix
Chemical Plant Slated for Casa Grande
Sunlit, a Taiwan-based chemical supplier, acquired about 40 acres for $9.2 million near a rail line in Casa Grande. The… Read more
107-Key Cambria Hotel Breaks Ground in Mesa
The Cambria Hotel Mesa is being built on the corner of Elliot and Ellsworth roads in Mesa and is one… Read more
Rockefeller Group Nearing 2,000 Phoenix-Area Rental Units
Rockefeller Group is developing Corsica Villas at Laveen, a 213-unit build-to-rent residential community in the Laveen neighborhood of Phoenix. Located… Read more
Westcore Picks Up 332K-SF Fully-Leased N. Phoenix Industrial Property
Westcore acquired a three-building, 332,000 square foot industrial park in the Deer Valley submarket of Phoenix for $90.7 million. The… Read more
Nominate Commercial Real Estate’s Leading Investment Sales and Leasing Brokers
For the ninth year in a row, Connect CRE will spotlight commercial real estate’s leading investment sales and leasing brokers… Read more
Aldi Planning Dozens of Store Openings in SW USA
Discount grocer Aldi is expanding its presence in the Southwestern United States. The company announced on Monday that it plans… Read more
ViaWest, Barings Break Ground on 808K-SF Deer Valley Warehouse Project
ViaWest Group, in partnership with Barings, LLC, and Willmeng Construction, has officially broken ground on ReDiscover Logistics Park, an 808,400 square foot industrial… Read more
$120M Chemical Plant Slated for Casa Grande
KPPC Advanced Chemicals started work on Phase I of a $120 million chemical manufacturing plant in Casa Grande. The project… Read more
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