Phoenix
Costco, Hotels Planned Near TSMC Plant
The $65 billion Taiwan Semiconductor Manfucturing Company Plant in North Phoenix has attracted two more businesses, hoping to capitalize on… Read more
Lincoln Property Trades Phoenix Warehouse for $147M
Dollar Tree paid $147 million for one phase of the 3.75 million square foot Park303 Logistics Park in Glendale, Arizona.… Read more
Cardinals Building $200M Football Ops Center
The Arizona Cardinals have updated their plans for their new training facility. They will create a new building at Paradise… Read more
Gantry Secures Acquisition Loan for Two Phoenix Buildings
Gantry secured $16.3 million of financing for the acquisition of two buildings located at 950 & 960 W. Behrend Drive… Read more
Modular Builder Completes First Phoenix Project
Modular housing developer Tudo Capital has completed its first project, Stacks on Polk, a 19-unit modular building in Phoenix constructed… Read more
SoCal Grocer Planning 15 Arizona Stores
A Southern California-based supermarket chain plans to enter the Phoenix grocery store competition. The first Arizona Vallarta store will be… Read more
Work Underway on Former Metrocenter Mall
Developer Concord Wilshire Capital completed the demolition of the former Metrocenter Mall. The Metropolitan will be a $850-million, mixed-use destination… Read more
Aldi Building 16th Arizona Store
Aldi will add one of its stores to Southbridge Marketplace in Maricopa. The shopping center is part of a retail… Read more
Lender-Owned Phoenix Apartment Community Sells for $36M
The Neiders Company purchased U@19th, a 236-unit real estate-owned (REO) midtown Phoenix apartment complex, for $36.06 million. Northmarq’s Phoenix Multifamily… Read more
Mack Obtains $89.5M Refi for Deer Valley Warehouses
Mack Real Estate Group (MREG) has secured $89.25 million in financing for Mack Innovation Park Deer Valley Site C, which was delivered in… Read more
Multiple Partners Combine Efforts on Phoenix Affordable Housing Venture
Pennrose, Bank of America, Butler Housing Company, CBC Financial Corp, the City of Phoenix, and the Arizona Department of Housing… Read more
Tricon Pays $485K/Unit for 2 Phoenix-Area BTR Communities
Two Phoenix-area build-to-rent communities were sold for a combined $44.15 million. Arcadia Capital Group and Platform Ventures were the sellers,… Read more
TSMC Partnering on Massive Mixed-Use Project Near Plant
For Taiwan Semiconductor Manufacturing Company (TSMC), building in-demand computer chips is not enough. TSMC Arizona is now partnering with PulteGroup… Read more
Grill Maker Picks Up Two N. Phoenix Warehouses for $22.5M
Dansons, a barbecue grill maker, bought two warehouses totaling 124,000 square feet in a Deer Valley office park. The Phoenix… Read more
PNC Adding Arizona, Colorado Banking Centers
PNC Bank bought FirstBank Holding Co., and with it, an increase in branches across Arizona and Colorado. PNC will grow its… Read more
Vestar Proceeding with Laveen Open-Air Retail Center
Vestar is moving forward with plans to develop Laveen Towne Center. The open-air shopping center will sit on a 90-acre… Read more
BKM, Kayne Anderson Pay $167.9M for Phoenix Light Warehouse Portfolio
BKM Capital Partners (BKM) and Kayne Anderson Real Estate acquired an 889,352-square-foot light industrial portfolio in Metro Phoenix for $167.9 million. The… Read more
EdgeCore Scoping 332K-SF Data Center in Florence
EdgeCore is just a vote away from building a 72 megawatt data center in the Arizona rural town of Florence,… Read more
TruAmerica Multifamily Acquires Seattle Metro Apartments
TruAmerica Multifamily has acquired two apartment communities, including the Archstone Redmond Lakeview property in the Seattle metro area. CBRE’s Eli… Read more