Phoenix
ESI Ventures Sells PHX MF for 4X Purchase Price
ESI Ventures divested Madison Grove Apartments in Phoenix to Rincon Partners in an off-market transaction valued at $21.45 million. The… Read more
JLL Adds 14 MF Pros, Expands West, SW Footprint
JLL expanded its multifamily platform with the addition of 14 professionals across the West. Joining JLL in Phoenix from Walker… Read more
L5 Investments Partnership Acquires PHX MF for $27.2M
El Dorado Hills, CA-based L5 Investments, in partnership with MLA Properties and BH Equities, acquired Cielo Apartments in Phoenix for… Read more
Blackstone Acquires Arizona Biltmore in Phoenix for $403M
New York-based Blackstone Real Estate Advisors acquired the Arizona Biltmore resort in Phoenix from Singaporean sovereign wealth fund GIC for $403.4… Read more
NorthMarq Adds 10-Person MF Investment Sales Team in Phoenix
A 10-person multifamily investment sales team headquartered in Phoenix joined NorthMarq Capital in a newly -reated NorthMarq Multifamily business. Formerly… Read more
How Millennials Drive Tomorrow’s Real Estate Trends
As Millennials in the U.S. settle into their 20s and 30s, affordable mid-sized tech hub cities, select city-center neighborhoods and… Read more
Anthony Valenzuela Joins Hunt from CBRE
Hunt Mortgage Group expanded its team in the Southwest with the addition of Anthony Valenzuela. He joins as Vice President,… Read more
San Antonio: We’re No. 6! In Solar
An analysis issued by Environment America has placed San Antonio No. 6 for installed solar capacity in the United States.… Read more
Most US Warehouses Inadequate for E-Commerce Distribution
Momentum for additional construction of U.S. warehouses is not likely to wane, because the vast majority of the country’s warehouse… Read more
Delinquency Rates for Nevada, Arizona Outpace National Average
Highlighted by huge Las Vegas Strip casino hotels and sought-after offices in Denver and Phoenix, the Mountain region of the U.S. features… Read more
Arizona’s Skyway Commons Debuts 25% Pre-Leased
Phase I of Skyway Commons, a spec 110,221-square-foot industrial development in Surprise, AZ is now 25% pre-leased. Two lease agreements… Read more
Pool Supplier Re-Ups for 125k SF at Colony NorthStar Industrial
Phoenix-based Leslie’s Poolmart, the world’s largest retailer of swimming pool and spa supplies, has renewed its lease for 125,000 square… Read more
Clear Sky Capital Acquires 192 North Park Apartments
Clear Sky Capital bought North Park Apartments, a 192-unit multifamily complex situated in the Greenspoint submarket of Houston. The Phoenix,… Read more
Arch Street Enters PHX Market with GoDaddy Buy
Greenwich, CT-based Arch Street Capital Advisors, LLC acquired El Dorado Tech Center in Gilbert, AZ, on behalf of an institutional client,… Read more
High Street, MetLife Launch Development on Phoenix MF
High Street Residential and MetLife Investment Management commenced construction on The Osborn Residences, a five-story, Class A residential mixed-use building… Read more
WellCare Commits to 380K-SF Tampa HQ Through 2030
WellCare Health Plans, Inc. is staying put in Tampa. The healthcare company renewed a 380,000-square-foot lease to retain its headquarters… Read more
Q&A with Colliers’ Will Mathews: Multifamily Still on Investor Radars
With multifamily being the choice of investment for many buyers, we have been wondering if there is an end in… Read more
Savills Studley Adds 6 to US Board
New York-based tenant rep firm Savills Studley has appointed Midtown-based vice chairmen Doane Kelly (pictured) and David Providenti to its… Read more
JLL Brokers Sale of Phoenix Industrial Asset
The Living Spaces Showroom and Distribution Center in Phoenix has traded hands in an off-market transaction. The 437,234-square-foot, Class A… Read more