Phoenix
First-Ever Shipping Container MF Hits PHX Market
Early Bird Alert: Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.… Read more
Edison Pointe Breaks Ground on Next 130K-SF in Maricopa
Phoenix-based Vintage Partners broke ground on Edison Pointe, a 14-acre site at Edison Road and John Wayne Parkway in Maricopa,… Read more
MOB Emerges as Attractive CRE Asset Class
By Dennis Kaiser Medical office buildings and related healthcare facilities are emerging as a vital asset class for CRE investors… Read more
Marcus & Millichap Team Closes $217M in PHX MF Deals
Early Bird Alert: Connect Apartments is planned September 28th in Los Angeles. Here’s where to get more information and register. Marcus… Read more
Newmark Realty Secures $151M for 30-Asset Arizona Portfolio
San Francisco-based Newmark Realty Capital Inc. secured $151 million in new permanent financing for a 30-property, multi-tenant portfolio of industrial… Read more
Canadian Fund Acquires Two Southwest MF Assets for $155M
Toronto-based Starlight U.S. Multi-Family (No. 1) Value-Add Fund acquired two properties located in Round Rock, TX and Phoenix, comprising 943… Read more
Goldman Sachs Acquires Office Asset in Phoenix for $82M
Archon Acquisition LLC, a Goldman Sachs company, purchased 3131 and 3133 Camelback, a two-building office asset in Phoenix from TR… Read more
Oceanside Flex Industrial Asset Goes for $9.2M
Connect Industrial is heading to Chicago, June 28th. Here’s where to get more details and register. Cornwell Business Center, a two-building flex… Read more
How Does California Stack Up on Startup Activity?
The five U.S. metro areas with the highest startup activity in the 2017 Kauffman Index of Startup Activity were Miami,… Read more
UPS Takes All of First Industrial’s Phoenix Facility
Connect Industrial is heading to Chicago, June 28th. Here’s where to get more details and register. UPS leased First Industrial Realty Trust’s… Read more
Colorado’s Tiffany Square Acquired by U-Haul Amerco
Tiffany Square, a 184,219-square-foot office building in Colorado Springs, CO, traded hands. Phoenix-based U-Haul Amerco Real Estate Company acquired the… Read more
$85.3M Phoenix-Area MF Sale Largest of Year
Seattle-based Security Properties acquired Andante, a 576-unit multifamily complex in Ahwatukee, AZ, an affluent suburb south of Phoenix. The apartment… Read more
$100M, 31-Story Tower Planned at Phoenix’s Arizona Center
West Palm Beach, FL-based North American Development Group plans to develop a $100-million, 350-unit residential tower in downtown Phoenix at… Read more
Phoenix Market Solidifies Position as Top Data Center Cluster
Two massive data center development deals moved forward in the Phoenix metro. One involves a $500-million data center expansion project,… Read more
Richard Caterina Joins Heitman’s Debt Group
Chicago-based Heitman LLC appointed Richard Caterina senior vice president in its real estate debt group. Caterina, who is based in… Read more
What Were April’s Largest CMBS Delinquencies?
The Trepp CMBS Delinquency Rate pushed higher in April, as a large number of loans reached balloon dates and failed… Read more
Kidder Mathews Recruits Nine to Valuation Team
Seattle-based Kidder Mathews continued its expansion in California with the addition of nine senior valuation professionals. The new team members… Read more
Kramer-Wilson Expands CRE Portfolio
Encino, CA-based Kramer-Wilson Co. Inc. acquired Chandler Midway Corporate Center, a 111,800-square-foot office project in Chandler, AZ for $23.3 million.… Read more
Tom Donovan Joins Irvine Company Resort’s Pelican Hill
Newport Beach-based Irvine Company Resort Properties appointed Tom Donovan managing director of The Resort at Pelican Hill in Newport Coast, CA. Donovan… Read more