Phoenix
Chinese Investor Pays $14M for Arizona’s Largest Tesla Facility
Chinese investor Sunrise 8300 Investment LLC acquired Arizona’s largest Tesla facility. The 41,000-square-foot property at 8300 E. Raintree Dr. in… Read more
Avison Young Signs Expansion Lease, Plans Growth
Avison Young’s Phoenix office signed a lease for expansion, inking a six-year, 12,000-square-foot deal at the 203,290-square-foot Camelback Lakes Corporate… Read more
Completion Nears on First Cabana Affordable Apartments
Greenlight Communities is nearing completion on the first of a series of affordable complexes in the Phoenix area, which will… Read more
Phoenix Investor Nabs 245 Acres; Plans Colorado MPC
Walton Global Holdings Ltd., headquartered in Phoenix, AZ, shook hands with True Life Cos. and the Lee Family to acquire… Read more
Townline Secures Financing, Acquires 324K-SF 2600 Tower
Townline Ventures obtained $25.5 million in non-recourse, interest-only bridge financing to acquire 2600 Tower, a Class A building in Midtown… Read more
Nominate the Top Commercial Brokers of 2019
Do you know a commercial real estate broker or team who made a big impact in 2019? For the third… Read more
Lilly Garden Becomes Cali Investor’s First Phoenix Buy
Tower 16 Capital Partners and HG Capital joined forces to acquire Lilly Garden Apartments, a 180-unit multifamily property in Phoenix.… Read more
Partners Group Pays $212M to Acquire Biltmore Center
Partners Group acquired Biltmore Center, a 635,409-square-foot office campus in Phoenix. The New York City buyer paid $212 million to… Read more
Kidder Mathews Acquires Wessex Service Co.
Kidder Mathews acquired the assets of Wessex Service Co., a property management firm headquartered in Scottsdale, AZ. The acquisition is… Read more
$96M Sale of Alta Drinkwater Shatters Another Phoenix-Area Record
Starwood Income Real Estate Trust bought the 277-unit Alta Drinkwater apartment complex in Scottdale, AZ’s Old Town area. The sellers,… Read more
U.S. Multifamily Wraps Up a Strong 2019
The U.S. multifamily sector continues strong, and wrapped up a healthy 2019 with continued rent growth and robust unit absorption,… Read more
Walgreens, UnitedHealth Partner on Medicare Centers
UnitedHealthcare®, the health benefits business of UnitedHealth Group, and Walgreens will open 14 UnitedHealthcare Medicare services centers within Walgreens stores… Read more
Vestar Ends Hold on Phoenix-Area Lakeview Village at Morrison Ranch
Vestar sold Lakeview Village at Morrison Ranch, a 93,471-square-foot, grocery anchored shopping center in Gilbert, AZ, to a Colorado buyer,… Read more
$17M Refi Obtained for Phoenix’s View 32
Watt Companies of Southern California secured a $17 million permanent-fixed loan to refinance View 32, a 135-unit multifamily property in… Read more
Canadian Investor Pays $14M for AZ’s 67K-SF Mountain Vista Plaza
A Canadian investor operating under the entity name of MIRAJH LLP struck a deal with Boarder Capital to acquire Mountain… Read more
Comparing U.S. Office Growth in CBDs, Urban and Suburban Markets
By Dennis Kaiser The U.S. office footprint has expanded over the past decade, revealing a host of intriguing trends. A… Read more
JLL’s Boston Office Closes $143M Sale of 50-Property National Healthcare Portfolio
Mindy Berman and Brannan Knott of JLL’s Boston office, along with Peter Bauman and Tivon Moffitt of the firm’s Phoenix… Read more
S&P CoreLogic Case-Shiller: U.S. Home Price Increases Continue to Slow
The latest S&P CoreLogic Case-Shiller Indices show that the rate of home price increases across the U.S. continued to slow… Read more
Next Wave Solidifies Southwest Presence with Purchase of 380 MF Units
Next Wave Investors LLC, a Southern California private equity firm focused on value-add multifamily investments, further solidified its southwest presence… Read more