Phoenix
$1B Electric Semi-Truck Plant, 2,000 Jobs Coming to Arizona
Nikola Motor Co. plans to build a $1-billion manufacturing plant and relocate its R&D, as well as company headquarters to… Read more
C&W Report Identifies Fastest Growing Healthcare Markets
The fastest growing healthcare markets are also the same markets that boast the largest population of older Americans, according to… Read more
Frank Lloyd Wright’s Last Residential Project on the Market
In 1959, renowned architect Frank Lloyd Wright passed away. Before he did so, he left behind numerous architectural wonders that… Read more
$300M, 3.6M-SF Development Launched in PHX
Irwin G. Pasternack AIA + Associates PC and Pasternack Properties broke ground on TEN Distribution Center, a $300-million industrial park in… Read more
Dallas Investor Picks Up Phoenix MF for $110M
Dallas-based Knightvest Capital acquired the 768-unit Red Mountain Villas apartments in Phoenix for $110 million. The commercial real estate property… Read more
ViaWest Picks Up PHX Industrial for $60M
Phoenix-based ViaWest Properties LLC and a JV partner acquired 10 Chandler, a 553,317-square-foot industrial park in Chandler, AZ for $60… Read more
A List of Cities’ Outrageous Amazon HQ Bids
In September, Amazon announced its plans to build a second headquarters in a to-be-determined city. After releasing their statement, 238… Read more
Hines Inks 29K-SF Lease on PHX’s Camelback Corridor
Chicago-based RSM US signed a lease for 28,828 square feet of space at 24th at Camelback I in Phoenix. The… Read more
Jevan Capital Keeps Buying, Nabs 6th MF Asset
Jevan Capital Pllc acquired the 224-unit Keystone at Alamo Heights apartment complex north of San Antonio in a value-add play.… Read more
$86M Financing for Arizona Office, Industrial Portfolio
Bethesda, MD-based Walker & Dunlop, Inc. structured three loans totaling $85.95 million for a four-property portfolio consisting of two Class… Read more
Transwestern, JDM Close $928M Sale-Leaseback with State Farm in Tempe
Corporate Properties Trust III LP, a partnership between Transwestern Investment Group (TIG) and JDM Partners LLC, closed on the acquisition… Read more
Roberts, Boyle Join Cushman & Wakefield in PHX from CBRE
A team of commercial real estate brokers who were part of one of the top producing offices in the Metro… Read more
Apple Exploring Options at Surprise AZ Chrysler Proving Grounds
Apple Inc. is kicking the tires on a former 5,500-acre Fiat Chrysler-owned proving grounds in Surprise, AZ as a potential… Read more
Lincoln Plans PHX’s First Spec 40-Ft. Clear Height Facility
Lincoln Property Company plans to break ground next month on Lincoln Logistics 40, Phoenix’s first ever speculative industrial project to offer… Read more
Connect Healthcare 2017—Where We Are & Where We Are Going
From leasing to new investor interest, the healthcare real estate sector is firing on all cylinders. That was the message… Read more
VEREIT Selling Cole Capital to CIM Group Affiliate for Up to $200M
Phoenix-based VEREIT, Inc. is selling Cole Capital, VEREIT’s investment management business, to an affiliate of Los Angeles-based CIM Group for… Read more
NexCore Breaks Ground on 3-Building Show Low, AZ Outpatient Campus
Ground was broken on three buildings totaling 174,778 square feet on an 18.81-acre outpatient campus adjacent to the Summit Healthcare… Read more
Newmark Closes $726M in Commercial Mortgages
San Francisco-based Newmark Realty Capital reported it completed $726 million in commercial real estate mortgages during 3Q 2017, and will… Read more
Gates Affiliate Takes Controlling Stake in 20K-Acre PHX MPC
Mt. Lemmon Holdings LLC, an affiliate of Microsoft co-founder Bill Gate’s Cascade Investment LLC, acquired a majority interest in a… Read more