Phoenix
Pair of Phoenix Metro Industrial Assets Trade Hands
Commercial Properties, Inc./CORFAC International completed the sale of two industrial properties, an industrial warehouse in Phoenix and an industrial condo… Read more
Denver Investor Picks Up Phoenix Industrial from BKM
Denver-based DPC Companies acquired a fully-occupied freestanding industrial building in Phoenix from Orange County-based BKM Capital Partners. The 35,403-square-foot property… Read more
KB Investment Development Claims Mesa’s Superstition Canyon Apartments
Newport Beach, CA-based KB Investment Development added Superstition Canyon, a 200-unit Class A low-density garden community in East Mesa, to… Read more
ABI Brokers $26M East Phoenix Multifamily Deal
Phoenix-based ABI Multifamily closed the $26.45-million sale of the Monterey Village Apartments in Phoenix, AZ. The unnamed buyer is a… Read more
Glendale AZ’s Metro at Zanjero Apartments Sell for $55M
San Diego-based Sunroad Enterprises acquired Metro at Zanjero, a 253-unit multifamily community in Glendale, AZ from Private Portfolio Group for… Read more
Downtown Phoenix Site Trades for Record $14M
Phoenix-based Glasir Capital Partners acquired 1.83 acres at 601 N. Central Ave. in downtown Phoenix for $14 million. Honeylou Reznik… Read more
Velocis Snags $34M Refi for Camelback Corridor Asset
CBRE Capital Markets Debt & Structured Finance arranged a $33.84-million loan for the refinancing of Park One, a 217,433-square-foot Class… Read more
Modular Builder Expanding Factory Footprint to Phoenix Area
Palo Alto, CA-based S2A Modular plans to build a $25 million facility in the Phoenix area in 2021. The sustainable… Read more
Leasing Momentum Continues at Midtown’s Park Central Mall Redev
District Medical Group’s Children’s Rehabilitative Services renewed a 56,000-square-foot lease at Park Central Mall in midtown Phoenix. The first large-scale… Read more
$500M Brookfield Commitment Fuels Launch of Fundamental Net Lease Platform
Phoenix-based Fundamental Income created a new net lease platform, Fundamental Income Properties. The platform received an initial equity commitment of… Read more
High Street Residential Scores LEED Gold for Phoenix MF
High Street Residential, the residential subsidiary of Trammell Crow Company, and MetLife Investment Management secured LEED Gold certification for the… Read more
Globe Divests Phoenix Logistics Corridor Asset to KKR
A Class A, single-tenant industrial facility situated within the Freeport Center in southwest Phoenix traded hands for $17.3 million. The… Read more
Final Retail, Restaurant Buildings in Chandler Viridian Primegate Sold for $21M
Winlee Development sold the final component of Chandler Viridian Primegate, a four-building project in Chandler, AZ. The recently completed Thirsty… Read more
Vacant Mercer Island Redev Site Snagged for Nearly $47M
Minneapolis-based Ryan Cos. and Seattle-based HAL Real Estate acquired a nearly six-acre property on Mercer Island for $46.45 million. The… Read more
Land Advisors Forms Healthcare Strategy Team
Scottsdale-based Land Advisors Organization formed a Healthcare Strategy Team to advise and guide companies in Arizona’s healthcare industry. The Metro… Read more
Landmark Expands into Turnkey Data Center Sector with PHX Acquisition
El Segundo, CA-based Landmark Dividend LLC acquired a data center campus located in Phoenix. The 184,000-square-foot, 16+ MW enterprise data… Read more
Westcore Acquires Phoenix Industrial Property for $12M
Westcore acquired a 148,689-square-foot, Class A industrial warehouse located at 4455 West Camelback Rd. in Phoenix for $12.4 million. The… Read more
Red Development Employees Get Free Meals at Portfolio Tenants
Phoenix-based Red Development launched a program that allows its employees to eat at restaurants within the company’s portfolio and be… Read more
Domain Capital, Simpson Housing Form $1B JV with PFA Pension
Atlanta-based Domain Capital Group, LLC’s subsidiary, Domain Capital Advisors, and Simpson Housing LLLP completed a joint venture with PFA Pension… Read more