Phoenix
CBRE’s Luis Morejon Takes Regional GWS Leadership Role
Los Angeles-based CBRE appointed Senior Managing Director Luis Morejon to oversee the management of client portfolios in the U.S. Southwest… Read more
Knightvest Capital Claims Tempe MF for $63M
Knightvest Capital acquired Signature Place, a 300-unit multifamily community in Tempe, from Western Wealth Capital for $62.5 million. The property… Read more
Nathan Thinnes Joins Kidder Mathews’ Phoenix Office
Veteran commercial investment leader Nathan Thinnes joined Kidder Mathews’ Phoenix office as a SVP. He will work with investment team,… Read more
Phoenix Industrial Building Trades for Nearly $11M
JLL Capital Markets closed the $10.55 million sale of a 101,932-square-foot flex building located in Phoenix’s Southbank Business Park. An… Read more
CBRE Finalizes Multiple Industrial Deals
CBRE’s San Antonio office has completed several industrial deals recently. Among the largest of these were the following: • New… Read more
Leasing Momentum Continues at Sky Harbor Towers
Sky Harbor Towers, a two-building, 219,670-square-foot office project in Phoenix, continues to experience strong leasing activity. National Partners in Healthcare… Read more
Logan Capital Lands Second PHX Acquisition for Nearly $36M
San Diego-based Logan Capital Advisors acquired the Pacific Bay Club, a 192-unit multifamily community in Phoenix from Picerne Development for… Read more
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