Phoenix
Southwest Will Make O’Hare Debut with 20 Flights
Southwest Airlines Co. will initially fly 20 daily flights out of Chicago O’Hare International Airport beginning in February 2021, the airline… Read more
Arizona to Auction 1,128-Acres in North Phoenix for Employment Hub
The Arizona State Land Department is set to auction 1,128 acres in north Phoenix on Nov. 2. The site at… Read more
Bird Dog Industrial Buys Mesa Land, Plans 330K-SF Development
Phoenix-based Bird Dog Industrial acquired roughly 19 acres in Mesa’s Gateway area for $5.8 million and plans to develop Power… Read more
Cypress West Claims Phoenix MOB, Boosts AZ Portfolio
Cypress West Partners acquired a pair of single-story medical office buildings at 2264 and 26232 N. Tatum Blvd. in Phoenix.… Read more
Newly-Built Garden-Style Phoenix MF Goes for Nearly $35M
Elux at Tramonto, a 138-unit garden-style multifamily property in Phoenix, traded hands for $34.7 million. Scottsdale-based Snowdon Partners divested to… Read more
CBRE GI Fund Acquires 3-Building Portfolio
NAI Hiffman brokered the sale of a three-building industrial portfolio in the western Chicago suburb of Bartlett, IL and Phoenix. The… Read more
Apartment Fundamentals Rebound from Shaky First Half of 2020
From the standpoint of investor demand, the apartment sector remains at or near the top of the class, rivaled only… Read more
CBD Products Firm Relocates HQ to PHX’s Metro Industrial Center
DAUM Commercial Real Estate Services arranged the 7.5-year lease of a nearly 16,500-square-foot flex/industrial building at Metro Industrial Center in… Read more
Cortland Claims Trophy Camelback Corridor MF for $117M
StreetLights Residential and Nexpoint Advisors divested The Angela, a 253-unit Class A multifamily community that delivered last year in Phoenix.… Read more
Berkadia Arranges Deal in Westover Hills
Berkadia arranged the sale and financing of Legacy Creekside, a newly built, 338-unit garden-style apartment community in San Antonio’s Westover Hills… Read more
One Size Doesn’t Fit All in New Phoenix Office Landscape
Phoenix’s business-friendly environment and diverse workforce continues to attract new tenants to the market and support existing companies as they… Read more
Land Rush Accelerates in Arizona
Phoenix-based Vermaland signed multiple solar land lease deals that illustrate an intriguing trend occurring in Arizona. Land is at a… Read more
Peoria MF Receives $51M Freddie Mac Cash-Out Refi
An affiliate of the Aukum Group received $50,764,000 in Freddie Mac cash-out refinancing for Tuscany Ridge, a 336-unit multifamily property… Read more
Wealhouse, Western Wealth JV Secures $82M for Metro PHX MF Portfolio
A partnership between Wealhouse Capital and Western Wealth Capital secured $81.5 million to refinance a four-property, multi-housing portfolio in Metro… Read more
Harrison Street-Ryan-LCS JV Launches PHX Senior Living Project
Harrison Street, LCS and Ryan Companies secured financing to begin development of Clarendale Arcadia, a 248-unit senior living community in… Read more
Cortland Claims Tempe’s MetroPointe Apartments for Nearly $100M
MetroPointe Apartments, a 415-unit multifamily property in Tempe, sold for $96.75 million. The buyer was Atlanta-based Cortland while the seller… Read more
Mattress Manufacturer Pre-Leases Merit, First Industrial Asset in Goodyear
PV 303 industrial park developers Merit Partners and First Industrial Realty Trust are shifting into the home stretch of development… Read more
RealPage’s Greg Willett: “Apartment Demand is Back”
U.S. rental apartment leasing rebounded strongly in the third quarter, RealPage said Thursday. The occupied apartment count climbed by 146,517… Read more
It’s Time to Nominate CRE’s Most Influential Women
The deadline is fast approaching to nominate candidates for our fourth annual Women in Real Estate Awards. We’re looking for… Read more