Phoenix
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
Data Centers Continue Upward Trajectory
Data center absorption rates in U.S. major markets posted a new record of 396.4 megawatts in 2019, a 33% gain… Read more
Andrew Lundahl Joins Western Retail Advisors
Phoenix-based Western Retail Advisors expanded its Investment Sales group with the addition of Andrew Lundahl, who joins the firm as… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more
Bob Kline Joins Colliers Debt and Structured Finance Team
Bob Kline joined Colliers International as Managing Director of Debt and Structured Finance in the Southwest Region. Kline will be… Read more
Dallas-Based Developer Buys Kierland Site for MF Project
Dallas-based Leon Capital acquired 1.74 acres in the Kierland submarket of Northeast Phoenix, with plans to develop a multifamily project.… Read more
Virtual Building Inspection Completed on Bothell Starbucks During COVID-19 Shutdown
Avalon Development tapped technology to complete a virtual inspection on a Starbucks store in Bothell. The use of FaceTime allowed… Read more
Walker & Dunlop Provides $340M Acquisition Financing for Cortland
Bethesda, MD-based Walker & Dunlop, Inc. structured $340,097,797 in financing for Atlanta-based Cortland’s landmark acquisition of PURE Multi-Family REIT. The… Read more
ViaWest Names Todd Weiss to C-Level Post
Phoenix-based ViaWest Group expanded its leadership team with the addition of Todd Weiss. He joins as Chief Operating Officer, after… Read more
CapRock Claims Recently-Delivered Distribution Facility in Phoenix
Newport Beach, CA-based CapRock Partners acquired the newly-constructed 7200 W. Roosevelt St. in Phoenix. The industrial real estate investment and… Read more
Arizona Tourism Group Works to Find Jobs for Displaced Hospitality Workers
The Arizona Office of Tourism partnered with the Arizona Commerce Authority Office of Economic Opportunity to launch a new resource… Read more
NorthMarq Sells, Finances Tucson Value-Add MF for $19M
Rancho Del Mar Apartments, a 312-unit property located near Campbell Avenue and South of Drexel Road in Tucson, sold for… Read more
Wood Partners Plans 216-Unit MF in Phoenix’s Camelback-Biltmore
Wood Partners proposed development of Alta Bluewater, a 216-unit, luxury rental residential community in Phoenix’s Camelback-Biltmore area. The five-story apartment… Read more