Phoenix
TSB Lines Up Senior Financing on Timber-Framed Cleveland Tower
TSB Capital Advisors, based in Phoenix, arranged an undisclosed amount of financing for Harbor Bay Real Estate Advisors’ INTRO multifamily… Read more
DAUM Directs Three Industrial Acquisitions in Greater Phoenix Area
DAUM Commercial Real Estate Services completed three acquisitions of industrial properties totaling nearly 60,000 square feet in the greater Phoenix… Read more
DPMG Buys 6.5 Acres in Chandler to Develop MXU Industrial Project
Phoenix-based DPMG Galveston LLC completed the $2.05 million purchase of 6.5 acres in West Chandler from Truwest Credit Union. DPMG… Read more
Brookfield Buys Seven-Property Southwest Industrial Portfolio for $25M
Brookfield Property Group acquired seven single-tenant industrial properties from privately-owned investment firm, Lowenberg Corporation. The multi-state industrial portfolio was purchased… Read more
Hawkins Proposes Southdale MXU in Scottsdale
Boise, ID-based Hawkins Companies submitted plans for Southdale, a four-story, mixed-use multifamily development in Scottsdale. The 267-unit project would be… Read more
Kidder Mathews Brokers 143-Acre Arizona Land Deal
Phoenix-area investor and developer Southern Cross, LLC acquired a 143-acre development site in Casa Grande, AZ for $1.5 million. The… Read more
Report: Industrial Looks Like a Smart Play in the Current Environment
As national stay-at-home orders have shifted much of the economy toward a delivery model, the negative implications have been broadly… Read more
CBRE Sells Two Phoenix Multifamily Properties to California Investors
CBRE arranged the sales of two Phoenix apartment communities to California buyers. Combined, the deals totaled nearly $12 million. NDX… Read more
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