Phoenix
Block 23 MXU Set to Go in Phoenix
Phoenix-based Red Development plans to break ground next week on Block 23, a mixed-use development in downtown Phoenix. The third… Read more
Chase Picks Up Tempe Site for $108M, Plans Campus
April 5, 2017 JP Morgan Chase acquired 67 acres and four buildings totaling 770,000 square feet at Discovery Business Campus in… Read more
Mesa Elliot Technology Park Expands to 270 Acres with Land Buy
Sunbelt Investment Holdings Inc., based in San Diego, CA, acquired 67.5 acres near the corner of Ellsworth and Elliot Roads… Read more
HSL Obtains $22M Refi for Arizona Multifamily
HSL Properties Inc. secured a $21.5 million Fannie Mae loan to refinance the 323-unit Desert Sands Apartments in Casa Grande,… Read more
C&W Phoenix Consolidates Through Relocation
Cushman & Wakefield’s Phoenix operations have moved from two separate offices to 34,000 square feet at Esplanade V, 2555 E.… Read more
Phoenix Selling Biomed Building for $71M
The Phoenix (AZ) city council has voted unanimously to sell a 173,000-square-foot building on the Phoenix Biomedical Campus to Translational… Read more
Western Wealth Strikes Again With 213-Unit Buy
Canadian investor Western Wealth Capital continued widening its Phoenix-area portfolio, with the acquisition of the 213-unit Terrace Park Apartments. The… Read more
JV to Recapitalize $142M Galleria Corporate Center
Stockdale Capital Partners and Jasper Ridge Partners formed an institutional joint venture to recapitalize ownership of the $142.5 million Galleria… Read more
BH Properties Sells Multifamily for $20M
BH Properties sold the 320-unit Fiesta Park Apartments in Phoenix to a California real estate company. The Los Angeles-headquartered seller,… Read more
Sprouts Adds Trio of IE Stores
Phoenix-based Sprouts Farmers Market is adding four stores in SoCal, including three in the Inland Empire markets of Rancho Cucamonga,… Read more
Crescent Communities Assembling Land for 335 Units
Crescent Communities is in the process of acquiring 3.6 acres from six sellers in Midtown Phoenix. The Charlotte, NC-based buyer… Read more
Circle K Renews, Expands to 104K SF
Circle K Stores has renewed and expanded its lease at Warner Crossing in Tempe, AZ. The convenience retailer kept its… Read more
BMW’s $30M Arizona Dealership
BMW is readying to build a full-service car dealership in Glendale, AZ. The Glendale city council voted to sell 13… Read more
S&M Moving Systems Snags 94K-SF Distribution Center
S&M Moving Systems acquired a 94,885-square-foot distribution center at 2021 E. Jones Ave. in Phoenix. The buyer paid seller Cohen… Read more
JV Nabs Phoenix Office for $25M
A venture formed by Lincoln Property Co. and Goldman Sachs Group Inc. paid $24.7 million to acquire a 104,618-square-foot office… Read more
Vestar Expands San Diego Retail Footprint
Connect Retail West is coming up Thursday, March 16, 2017. Here’s where to register for The Future of Retail. Vestar added Plaza… Read more
Colliers: Phoenix Land Sales Picking Up
The Greater Phoenix housing market steadily improved in the last half of 2016, which led to an acceleration in land… Read more
5-Year Hold Ends on Two Industrial Buildings
Five years after acquiring two industrial buildings totaling 42,000 square feet, Heritage Partners Phoenix LLC sold them for $4.8 million.… Read more
Insignia Joins Forces with Sperry Commercial
Insignia Commercial Real Estate becomes the first Phoenix-area brokerage company to join Sperry Commercial Global Affiliates LLC. Neil Sherman heads… Read more