Phoenix
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
Nominate a Rising Star for Our 2020 Next Generation Awards
Connect Media’s third annual Next Generation Awards in 2019 shone the spotlight on 90 of commercial real estate’s most talented… Read more
Greystar Acquires Alliance Residential’s Property Management Business
Greystar Real Estate Partners has acquired the property management business of Alliance Residential Company for a reported $200 million. The… Read more
CBRE Arranges Office Sale in Phoenix’s Deer Valley
Merit Properties Group divested a 61,304-square-foot single-tenant office building in Phoenix for $7.65 million. The unnamed buyer was a fund… Read more
LGE Delivers Two Developments Across Metro Phoenix
Phoenix-based LGE Design Build completed a pair of projects in Metro Phoenix. The developments include The Hub in Goodyear and… Read more
Gensler Relocates to The Esplanade in Phoenix, Debuts Living Lab
Gensler is relocating its Phoenix office to The Esplanade and will introduce a Living Lab workplace model. The more than… Read more
IPA Expands Phoenix Team with Two CRE Industry Vets
Institutional Property Advisors (IPA), a division of Marcus & Millichap, expanded its team in Phoenix with the addition of Peter… Read more
Greenlight Delivers Pair of MF’s in Phoenix
Scottsdale-based Greenlight Communities completed development of two attainable housing neighborhoods in Phoenix. The first project is Cabana on Washington, a… Read more
Arizona Business Owners Stand Against Opening Too Soon
More than 400 small business owners in Arizona have signed a petition at Too Soon Arizona indicating they don’t plan… Read more
L.A.-Based 1031 Buyer Lands Scottsdale Airpark Creative Office, Airplane Hangar
Los Angeles-based Route 66 Properties LLC acquired a 39,520-square-foot creative office property and airplane hangar in the Scottsdale Airpark for… Read more
Zoom Expanding in Phoenix to Meet COVID-19 Demand
San Jose, CA-based Zoom Video Communications Inc. plans to open a new research and development center in Phoenix. The videoconferencing… Read more
Apple Chip Maker, TSMC, Plans $12B Facility in Arizona
Hsinchu, Taiwan-based Taiwan Semiconductor Manufacturing Co. (TSMC), plans to invest roughly $12 billion to build an advanced semiconductor factory in… Read more
California Investor Snags Mesa’s Sycamore Station Site for MF Development
Pride Ventures, LLC II, a California-based investor and developer, acquired Parcel 1 in Mesa’s Sycamore Station for $3.8 million. The… Read more