Phoenix
Hunt Finances Acquisition of Pair of AZ MF’s
Hunt Real Estate Capital provided agency loans totaling roughly $22.5 million to finance the acquisition of two multifamily properties in… Read more
1,800 Companies Left California in a Year, Texas Remains Top Destination
A new study shows that 1,800 companies left California in 2016, the most recent year figures were available. The main… Read more
Prologis Picks Up Southwest Phoenix Industrial for $93M
Prologis Inc. acquired Westside Business Park, a 1.1-million-square-foot, Class A industrial park in the southwest Phoenix suburb of Tolleson, AZ,… Read more
Lincoln Property Co. Unwraps Phoenix’s First 40-Ft. Clear Height Facility
Lincoln Property Company completed the $85-million Lincoln Logistics 40, a project spanning more than 20 acres of Class A industrial space… Read more
Workforce Housing Well Positioned to Outperform Market, CBRE Analysis Finds
Strong market fundamentals are attracting a wide variety of investors to workforce housing, creating good returns and helping to preserve… Read more
Yardi Matrix Reports Cooling Multifamily Market No Cause for Alarm
Despite an expected seasonal decline, the U.S. multifamily market has enjoyed a solid year in 2018. Rents fell by $2… Read more
Cascade Claims Space at The Hub in Chandler, Ariz.
Cascade Financial Services signed a lease for 52,608 square feet at The Hub, a 298,000-square-foot, two-story creative office building in… Read more
Greystar Acquires Luxury PHX Camelback Corridor MF
Greystar Real Estate Partners, LLC acquired Crescent Highland, a 349-unit multifamily property in Phoenix on behalf of its real estate… Read more
Starlight Secures $800M in Financing for 23-Property Multi-State MF Portfolio
HFF secured financing totaling $800.45 million for Toronto-based Starlight Investments’ 23-property multifamily portfolio consisting of 7,289 units across eight states.… Read more
Banner Health’s $155M Hospital Approved in Chandler, AZ
Banner Health received the go-ahead from the city of Chandler, AZ to build a $155-million 96-bed hospital at Alma School… Read more
Women in Real Estate 2018: Avison Young’s Johnson Leads in Healthcare RE
Julie A. Johnson is a principal with Avison Young in Phoenix, and has been a foremost leader in healthcare real… Read more
Women in Real Estate 2018: VEREIT’s Nelson Identifies and Optimizes Opportunities
Sarah Nelson is an astute, enthusiastic leader who is committed to formulating innovative strategies and is dedicated to identifying and… Read more
Hines to Build 25-Story, 379-Unit MF Complex in Downtown Phoenix
Houston-based Hines plans to build a 25-story, 379-unit luxury multifamily complex in downtown Phoenix. The developer purchased a 1.5-acre site… Read more
Ready, Set, Go: Waymo Tests Driverless Cars in CA
Waymo, the self-driving unit of Alphabet (Google’s parent company), has received the green light from California to test its autonomous vehicles… Read more
Phoenix’s Chase Tower Trades Again, This Time for $108M
New York-based Viola Lordsmeer L.P. acquired Chase Tower in downtown Phoenix from a partnership managed by Phoenix-based Wentworth Property Co.… Read more
Phoenix-Area Retail Center Sells for $45M
Palm Valley Pavilions West, a 232,577-square-foot shopping center in Goodyear, AZ, has traded hands for $44.75 million. The buyer was… Read more
Dallas, Austin Rank on Top-10 In-Migration Report
Affordability and climbing mortgage rates are pushing people away from more expensive metros, leading them to places such as Atlanta,… Read more
Q&A: Meridian’s Mike Conn Dissects Opportunities to Backfill Sears Stores with Healthcare
Connect Healthcare is slated for October 29 and 30 at The Resort at Pelican Hill in Newport Beach, CA. Follow… Read more
Sheila Schmidt Joins Meridian in SW Development Role
Connect Healthcare is slated for October 29 and 30 at The Resort at Pelican Hill in Newport Beach, CA. Follow… Read more