Phoenix
Top Broker Honorees: Will Strong, Andy Markham, Mike Haenel and Phil Haenel, Cushman & Wakefield
This industrial team blew past its initial pricing guidance, hitting a new record for cap rates, with sub-5/low-5 cap rates… Read more
Top Broker Honorees: Todd Noel and Ryan Timpani, Colliers International
The Colliers International team of Todd Noel and Ryan Timpani celebrated a successful 2019, closing out a total volume of… Read more
Top Broker Honoree: CJ Osbrink, NKF
Since relocating to Phoenix in July 2016, CJ Osbrink has been instrumental in growing NKF’s investment sale market share. Racking… Read more
Top Broker Honorees: Cindy Cooke & Brad Cooke, Colliers International
This past year was a very successful one for Colliers International’s multifamily team of Cindy Cooke and Brad Cooke. In… Read more
Top Broker Honorees: Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch, CBRE
CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch form one of nine teams comprising CBRE’s National Multifamily Partners.… Read more
Top Broker Honorees: Larry Downey and Brett Thompson, Cushman & Wakefield
Larry Downey and Brett Thompson are a tenant representation advisory team with Cushman & Wakefield in Phoenix. During 2019, the… Read more
Top Broker Honorees: R. Craig Coppola, Andrew Cheney, Gregg Kafka, Lee & Associates
Lee & Associates’ Coppola-Cheney Group consists of R. Craig Coppola, Andrew Cheney and Gregg Kafka. During 2019, the Phoenix-based group… Read more
AdhereRx to Open New High-Tech Pharmacy in PHX
North Carolina-based AdhereRx is opening a new 18,000-square-foot facility in Phoenix at 1343 N. Colorado St. The new site will… Read more
Arizona’s Employment Increased by 79K Jobs Year-Over-Year
The Arizona seasonally-adjusted unemployment rate remained at 4.5% in February 2020, the same as January 2020. A report from the… Read more
Plans Unveiled for Kierland Sky Office Redevelopment
Developer Ted Akiba submitted development plans for Kierland Sky, a 534,000-square-foot office project at 14635 N. Kierland Blvd. in northeast… Read more
Glendale Apartment Community Goes for $14M in Value-Add Play
NKF Multifamily handled the $14.3-million sale of Royal Palms, a 138-unit property located at 5902 West Royal Palm Rd. in… Read more
Hines-Led JV Buys Land for Luxury Apartment Development in North Phoenix
Houston-based Hines, along with a joint venture partner, closed on 11 acres in north Phoenix with plans to develop a… Read more
Tower Capital Delivers $20M for Mesa Home2 Suites Development
Phoenix-based Tower Capital advised on more than $20.1 million in financing for the ground-up development of a 111-key Home2 Suites… Read moreGround Broken on 21-Story ‘Small Unit’ MF in PHX’s Roosevelt Row
Construction commenced on Ascentris’ 21-story Derby Roosevelt Row, Metro Phoenix’s first “small unit” apartment development. Located at 800 E. 2nd… Read more
Newly-Delivered Self-Storage Facility Sold in Anthem
Cushman & Wakefield arranged the $18.2-million sale of Storage at Anthem, a 784-unit self-storage facility located in Anthem, AZ. Guardian… Read more
Metro Phoenix Renters Facing Eviction Receive Reprieve
The Arizona Supreme Court gave Maricopa County Justice Courts authorization this week to suspend mandatory timelines on eviction hearings. Due… Read more
West 202 Logistics Center Trades for $61M
Trammell Crow Co., developer of West 202 Logistics Center, sold the 554,331-square foot property in Phoenix. Buyer Cohen Asset Management… Read more
Christopher Todd-Branded SFR Communities Sell to Inland Real Estate
Inland Real Estate Acquisitions LLC, acting on behalf of Inland Real Estate Group of Companies Inc., struck a deal with… Read more
IDM Cos. Secures $49M Construction Loan for 458-Unit Acero Algodon
Canadian developer IDM Cos. secured a $49.2 million senior loan for ground-up development of Acero Algodon, a 458-unit garden-style multifamily… Read more