Phoenix
Dalfen Partners with Goldman Sachs on Multi-State Industrial Deal
Dallas-based Dalfen Industrial will partner with Goldman Sachs Merchant Banking Division on a 46-property last-mile industrial portfolio. Financial terms of the… Read more
430-Acre Golf Resort Acquired for $30M, Development Planned
Gold Canyon MJ LLC, an entity associated with Marvin and Marge Klinker, acquired the Gold Canyon Golf Resort and Spa… Read more
ABI Multifamily Brokers Biltmore Area MF Sale for $7M
Monterosa Villas, a 19-unit garden-style property in Phoenix’s Biltmore area, has traded hands for $6.95 million. The deal works out… Read more
Nikola Breaks Ground on $600M Arizona Manufacturing Facility
Phoenix-based Nikola Corporation broke ground on a $600-million truck manufacturing facility in Coolidge, AZ. The global transportation leader in zero-emissions… Read more
CBRE Brokers $9M Chandler Industrial Property Deal
Canadian-based Ivanhoe/Evergreen acquired a 96,000-square-foot industrial building in Chandler from Boston-based Cabot Properties for $9.19 million. The property at 6615… Read more
Lee & Associates’ Andrew Cheney Breaks Down Phoenix Office Market
By Lee & Associates’ Andrew Cheney Q: How has the Phoenix market fared as the COVID-19 pandemic played out? A:… Read more
Leasing Activity Accelerates at Uptown Phoenix Property
George Oliver’s CASA Class A creative office redevelopment in Phoenix’s popular Uptown neighborhood continues to experience strong leasing activity, despite… Read more
Orange County Investor Acquires Phoenix Facility as Upleg in 1031 Exchange
Orange County, CA-based Safe Harbor Exchange, Inc. acquired a freestanding 40,720-square-foot industrial/flex building in Phoenix from Scottsdale-based VJ Black Canyon… Read more
Medical Office Demand Rises in Phoenix Metro
Medical office leasing experts report demand for MOB space is on the rise in the Phoenix Metro. A case in… Read more
Amazon Acquires 92 Acres in West Valley
Amazon.com Inc. acquired a 91.5-acre parcel of land in Goodyear, reportedly for $19.85 million. The seller was California-based Rados Properties.… Read more
Amazon Launches Neighborhood Health Centers Pilot with Crossover
Seattle-based Amazon.com Inc. unveiled a health care pilot with Crossover Health to establish local, convenient health centers near Amazon fulfillment… Read more
CBRE Secures $22M in Acquisition Financing for Cold Storage Facility in Phoenix
CBRE Capital Markets Debt & Structured Finance arranged a $22 million loan for the acquisition of a 285,022-square-foot cold storage… Read more
Builderz Warehouse Breaks Ground on Phoenix Distribution Center
Builderz Warehouse is expanding its footprint in Phoenix with a new $5-million distribution center. The 40,000-square-foot facility will be built… Read more
Greenlight Communities Breaks Ground on 244-Unit MF in Mesa
Scottsdale-based Greenlight Communities broke ground on Cabana on Power, a 244-unit multifamily development in Mesa. The site is located at… Read more
CapRock Claims Another Industrial Asset in Phoenix
Newport Beach, CA-based CapRock Partners acquired a newly constructed industrial building at 4615 W. McDowell Rd. in Phoenix, reportedly for… Read more
Merit Affiliate Acquires 83 Acres Near Sky Harbor, Plans 900K-SF Industrial Park
An entity formed by Phoenix-based Merit Partners acquired 83 acres of land in Phoenix and plans to construct a brand… Read more
Evergreen Expands Phoenix Portfolio with Invesco Deal
Phoenix-based Evergreen Devco, Inc. acquired Chandler Pavilions, a 163,594 square-foot high traffic retail center in Chandler from Invesco for $10.52… Read more
Hunt Provides $24M Fannie Mae Loans for AZ Manufactured Housing Communities
New York-based Hunt Real Estate Capital provided three Fannie Mae conventional loans totaling $24.2 million for manufactured housing communities (MHCs)… Read more
Ryan Elevates Alisa Timm to New Leadership Role
Ryan Companies promoted Alisa Timm, CPM to VP of Management for its Southwest region in Phoenix. Timm previously served as… Read more