Phoenix
$102M Loan Secured for 253-Unit “X Phoenix”
PMG and Raven Capital Management obtained a $102.1 million loan to build “X Phoenix,” a 253-unit, mixed-use apartment development in… Read more
Bridge Office Snags 440K-SF Phoenix Gateway Center
Bridge Office Fund Manager, a subsidiary of Bridge Investment Group LLC, acquired Phoenix Gateway Center, a 439,584-square-foot Class A office… Read more
Signal Hill Retail Center Trades Hands
Phoenix-based BIG Shopping Centers USA, Inc. sold Towne Center East, a fully-leased, 154,750-square-foot retail center in Signal Hill, CA. The… Read more
Avison Young Acquires Phoenix’s Strategic Retail Group
Avison Young broadened its presence in Arizona by acquiring Strategic Retail Group (SRG), which is located in Phoenix. The new… Read more
352-Unit Solano Vista Trades to SLC Buyer
Sundance Bay LLC plunked down $30.8 million to own the 352-unit Solano Vista in Glendale, AZ. Brian Smuckler, Jeff Seaman,… Read more
Work Begins on PHX’s Liberty Riverside Center Industrial Park
Liberty Property Trust broke ground on two buildings at Liberty Riverside Center in southwest Phoenix. The buildings, measuring 123,638 square… Read more
Protection Against O-Zone Liability: Q&A with Lovitt & Touché’s Ryan Donahue
While Opportunity Zones can provide a decent return on investment, there is still a high possibility of tax liability. Ryan… Read more
Cortland Completes $1.2B Pure Multi-Family REIT Deal
Atlanta-based Cortland closed on its previously-announced acquisition of Pure Multi-Family REIT for $1.2 billion in cash. The deal means the multifamily real… Read more
Expert Q&A: Kidder Mathews’ Dupuy Chats about Healthcare RE Valuations
Connect Healthcare is coming up October 2 and 3, 2019 at The Resort at Pelican Hill in Newport Coast. More… Read more
Mygrant Glass Acquires 130K-SF Arizona Warehouse & Manufacturing Building
Mygrant Glass Co. Inc. paid $13.2 million for ownership rights to a 130,276-square-foot warehouse and manufacturing facility in Tempe, AZ.… Read more
Aligned Energy Expands Dallas-Area Data Center
Aligned Energy announced an 8-megawatt expansion of its DFW-01, its 19-acre data center campus located in Plano, TX. Upon full… Read more
Colliers Insights: California’s Multifamily Sector Faces Myriad Challenges
By Colliers International’s Bay Area Multifamily Team Commercial apartment owners in the state of California are facing adversity on multiple… Read more
54K-SF Ahwatukee Mercado Claimed by California Buyer
Westwood Financial LLC now owns the Ahwatukee Mercado shopping center in Phoenix’s Ahwatukee Foothills Village district. The Los Angeles buyer… Read more
Aspen Group Targets Austin for Stand-Alone Nursing Campus
Aspen Group Inc. has announced its campus expansion plans for its Aspen University Pre-Licensure Bachelor of Science in Nursing program.… Read more
Trammell Crow JV Launches Construction on MXU Fillmore in PHX
Trammell Crow Co.’s residential arm, High Street Residential. is partnering with a fund sponsored by CBRE Global Investors to develop… Read more
Rockwell Property Makes Second Phx Buy, Nabs 192 Units in Citi on Camelback
Rockwell Property Co. made its second buy in four months in the Phoenix area, acquiring 192 units from City on… Read more
Home Price Gains Continue Deceleration Trend
S&P Dow Jones Indices’ latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions,… Read more
Black Salmon Invest $107M in U.S. Bank Center
Black Salmon shook hands with partners ScanlanKemper Bard Cos. and Varde Partners Inc. for ownership rights of the U.S. Bank… Read more
Shuttered Sports Authority to Become New Entertainment Venue
A 55,000-square-foot closed Sports Authority space at 4720 Alexander Blvd. N.E. in Albuquerque, NM, has a new lease on life.… Read more