Phoenix
Westcore Acquires Industrial Facility in Chandler for $38M
Industrial real estate acquisition development and asset management firm Westcore has acquired a 164,486-square-foot industrial facility in Chandler. The sales… Read more
FCP Enters Phoenix Market via $72M MF Acquisition
Los Angeles-based Tides Equities LLC brought a new equity partner for the $71.5 million acquisition of Tides at South Tempe.… Read more
Leading Office Brokerage Team Moves to JLL Phoenix
The Phoenix office of JLL snagged leading office market brokers Ryan Timpani and Nick Bialkowski, who join the commercial real… Read more
Nearly 400K-SF MXU Office, Industrial Development Underway in Glendale
Phoenix-based Creation commenced development on Northern 101 Commerce Center, a 388,621 square-foot industrial and office space on a nearly 30-acre… Read more
Westcore, Opus Building 720K-SF Industrial Project in Avondale
San Diego-based Westcore teamed with The Opus Group to develop a 720,000-square-foot, three-building industrial project on 51 acres of land… Read more
Rare Biltmore Value-Add Apartment Community Divested
Turney Place Apartments, a 28-unit garden-style property in Phoenix, traded hands for $3.95 million. Built in 1960, the asset presents… Read more
Finance Experts Outline CRE Lending Opportunities Ahead Despite COVID-19
By Dennis Kaiser Connect Commercial Real Estate’s Los Angeles Finance webinar, held earlier this week with a group of CRE… Read more
Put the Spotlight on Your Company’s Rising Stars
Response has been strong to Connect Media’s call for nominations in our fourth annual Next Generation Awards. However, we know… Read more
Hines, Oaktree Set Groundbreaking Date for Phoenix Industrial Project
Hines plans to start construction next month on the initial phase of G303, a Class A industrial development in Glendale,… Read more
173-Unit MF Property in Phoenix Trades Hands for $13M
Los Angeles-based Stepp Commercial completed a $12.8 million acquisition of Ocotillo Apartments, a 173-unit apartment community in Phoenix. The buyer… Read more
Mike Gallegos Joins HFO MF Team in Portland
Portland-based HFO expanded its multifamily team with the addition of Mike Gallegos, who joins as Managing Director. He currently serves… Read more
Marcus & Millichap Brokers $21M West Central Phoenix MF Asset Sale
Marcus & Millichap completed the $20.7 million sale of Desert Willow, a 280-unit multifamily property in Phoenix. Marcus & Millichap’s… Read more
JLL Arranges $186M Financing for Metro Phoenix MFs
JLL Capital Markets arranged a refinancing totaling $185.63 million for a 1,439-unit portfolio of five multi-housing properties in Metro Phoenix.… Read more
Kidder Mathews Brokers 35-Acre West Phoenix Site
Midwest Land Trust acquired a 35-acre development site at El Mirage Road and Northern Avenue in Maricopa County for $2,600,000.… Read more
Admiral Capital Refinances Two Office Properties
Admiral Capital Group secured two loans totaling $41.3 million for the refinance of The Madison, a Class A office property… Read more
Carlyle Claims Four Mobile Home Parks in Mesa for $230M
Washington, D.C.-based The Carlyle Group acquired four Mesa mobile home parks for $230 million. The properties were built mainly in… Read more
Cush Claims North Scottsdale Office Asset for $30M
San Diego-based Cush Enterprises acquired Perimeter Parkview Corporate Center in north Scottsdale for $30 million or roughly $286-per-square-foot. The seller… Read more
Colliers Closes $18M Industrial Portfolio Deal in Phoenix with Harrison
A 10-building portfolio of Phoenix properties located in the city’s original industrial core sold for $18 million or $50-per-square-foot. The… Read more
Stack Infrastructure Expands Data Center Footprint into Arizona
Denver-based Stack Infrastructure plans to expand its North American data center footprint in Phoenix with a new 79-acre site in… Read more