Phoenix
180K-SF Life Time Happy Valley-Peoria Planned
Life Time Inc., a developer, owner and operator of luxury athletic resorts, announced plans for a 180,000-square-foot center in Peoria,… Read more
Ogletree Deakins Stays Put, Renews at Camelback Esplanade
Ogletree Deakins opted to stay put in its space at Camelback Esplanade, inking a deal that will expand its space… Read more
Scottsdale Medical Pavilion Sells to Private Buyer
Klingbeil Capital Management sold the Scottsdale Medical Pavilion, a 53,157-square-foot multitenant medical building in Old Town Scottsdale to a private… Read more
Armstrong Capital Acquires Fry’s Shops at Stapley & McKellips
Armstrong Capital Development LLC (ACD) made its second Arizona acquisition, acquiring 20,548 square feet of retail shadow space in Mesa,… Read more
Triumph Properties Group Snags 308-Unit Deer Creek Village
Triumph Properties Group acquired Deer Creek Village, a 308-unit multifamily complex in North Phoenix. The California buyer paid private local… Read more
NYC Apartment Growth Runs Slightly Ahead of State, U.S. Averages
New York City rents have declined 0.1% over the past month, but are up moderately by 2.2% from a year… Read more
Final Peralta Canyon Parcel Sells to Beazer Homes for Under $7M
Beazer Homes acquired 78 lots in Peralta Canyon, Phase II for $6.6 million. The parcel’s sale is the close-out of… Read more
Buena Vista Takes 50K SF for New Clinic
Close to two years after Mainstreet Health pulled its Rapid Recovery Center concept out of Arizona, a new tenant moved… Read more
Valleywise Health Breaks Ground on 673K-SF Medical Center
Valleywise Health began construction on its new health medical center in Phoenix. The 10-story, 673,000-square-foot building, adjacent to the current… Read more
Dual-Branded Hotel Planned at Park Central
Fayth Hospitality Group LLC is planning to develop a dual-branded Home2Suites/Tru by Hilton hotel on the site of the former… Read more
Tratt Properties Breaks Ground on 1M-SF Elwood Logistics Center
Tratt Properties LLC launched construction on Elwood Logistics Center, a 1.3-million-square-foot, speculative industrial development in Goodyear, AZ. The project, the… Read more
Report: Scottsdale Airpark Dubbed an “18-Hour City”
The Scottsdale Airpark, anchored by the Scottsdale Airport, consists of a nine-acre-square-mile area bordered by Scottsdale Road and North Miller… Read more
Arizona Partners Pays $2M for 20K-SF Encanto Village
Arizona Partners, with renovation in mind, acquired Encanto Village, a 20,000-square-foot shopping center that delivered in the early 1950s. The… Read more
IRR Expands Phoenix Office, Acquires Burke Hansen LLC
Integra Realty Resources (IRR), one of North America’s largest independent commercial real estate valuation and consulting firms, expanded its Phoenix… Read more
IRR: Multifamily Fundamentals Ensure Continued Secure Sector
Integra Realty Resource’s (IRR) 2020 Viewpoint National Multifamily Report could be summed up in one sentence: “Multifamily specialists are upbeat… Read more
Construction Underway on Airport Office/Hangar Combo
Caliente Construction broke ground on a combination office/hangar building at the Phoenix-Mesa Gateway Airport. The general contractor is developing the… Read more
NorthRock Obtains $39M Loan Tides on Thunderbird Buy
NorthRock Cos. secured $39 million in financing to acquire Tides on Thunderbird, a 376-unit apartment complex in Phoenix, AZ. The… Read more
Partner Engineering Acquires MC Consultants’ Environmental Services Division
Partner Engineering and Science Inc. acquired the Phoenix-based Environmental Services Division of MC Consultants Inc. The acquisition will help the… Read more
Phoenix Q4 Industrial: Fundamentals Continue Driving Sector Success
Much of the analysis concerning Phoenix’s industrial market in Q4 2019 focused on the economy. Specifically, job creation and its… Read more