Phoenix
Liberty Unloads 5-Property Portfolio in Arizona for $255M
A five-building portfolio in metro Phoenix totaling nearly 806,000 square feet has traded hands for $255 million. Pennsylvania-based Liberty Property… Read more
Broadstone Yards Welcomes First Residents to Westside Atlanta MF
Phoenix-based Alliance Residential Company began welcoming the first residents to Broadstone Yards, an art-centered multifamily development in Atlanta’s West Midtown… Read more
Amazon-Leased Logistics Facility in Phoenix Sells for $100M
The Koll Company and Seera Investment Bank B.S.C.(c) reportedly sold Buckeye Logistics Center in Phoenix for $98.325 million to Boston-based… Read more
George Smith Partners Arranges Financing for $150M Arizona Spec Development
George Smith Partners completed $105.5 million in financing for a portion of The Watermark Tempe, a $150-million, mixed-use, ground-up development… Read more
KBS Signs Over 30K SF at Phoenix’s Anchor Centre
Newport Beach, CA-based KBS signed 31,333 square feet of leases Anchor Centre in Phoenix. The new deals involved BurnsBarton, First… Read more
Bixby Adds Pair of Industrial Buildings to Its Strategic Investment Initiative
Newport Beach, CA-based Bixby Land Company acquired two Class A industrial properties for $60.5 million. One asset is located in… Read more
Gulf-based Investor Purchases Two-Property Phoenix Office Portfolio
A two-property office portfolio consisting of three buildings in metro Phoenix were acquired by a Gulf-based, high-net-worth investor for $25.95… Read more
USAA Cutting 265 Real Estate Jobs
USAA, headquartered in San Antonio, announced it would eliminate 265 jobs at its bank in mid-November 2018. The job cuts… Read more
Avison Young Expands in Arizona
Avison Young launched a new project management practice group in Arizona, and named George Rubelsky to lead the effort. The licensed… Read more
Berkadia Secures $78M for Six Hotel Properties
Berkadia secured $78 million financing for six hotel properties in a portfolio of eight total hotel properties on behalf of… Read more
Investcorp Claims 7-Market, 4.5M-SF Industrial Portfolio for $300M
New York-based Investcorp acquired its largest U.S. warehouse portfolio, totaling roughly 4.5 million square feet, for a total purchase price… Read more
A Decade After Housing Bust, California Markets Pace Recovery
A decade after the collapse of the housing market and start of the Great Recession, home values have more than… Read more
Mayo Clinic Plans Expansions in AZ, FL Totaling $800M
Connect Healthcare is slated for October 29 and 30 at The Resort at Pelican Hill. Follow this link for more… Read more
Andersen Plans $105M, 500K-SF Facility Near Phoenix
Andersen Corporation plans to build a new manufacturing and distribution campus in Goodyear, AZ, a suburb west of Phoenix. The… Read more
Lincoln Rackhouse, Principal Purchase 1M-SF Data Center Portfolio
Dallas-based Lincoln Rackhouse and Principal Real Estate Investors acquired a one million-square-foot data center portfolio in Dallas, Phoenix and Kansas… Read more
New Owner of Scottsdale Offices Adds P.F. Chang’s to Tenant Menu
Casual dining chain P.F. Chang’s China Bistro has selected Perimeter Parkview Corporate Center in Scottsdale, AZ for its corporate headquarters.… Read more
CBRE GI Buys PHX Distribution Facility from Hines for $49M
Los Angeles-based CBRE Global Investors Acquisitions, LLC acquired Southwest Industrial Center in Phoenix from Houston-based Hines for $48.5 million. The… Read more
Phoenix’s Shipping Container Concept Anchored and Opening
There’s no denying that retail concepts are changing to meet the needs of consumers and provide unique experiences. Taking the… Read more
Industrial Market Sees Increased Absorption Activity in Secondary Corridors
Transwestern’s national industrial report for the second quarter of 2018 revealed that 37 of 47 markets posted positive absorption for… Read more