Phoenix
Waterworks Sale to Apartment Developer Approved
The Houston City Council has approved the sale of the historic waterworks along Nicholson and West 20th Streets in the… Read more
Hines Strikes $47M Deal with Hillwood for Industrial Center
Hines, headquartered in Houston, came to an agreement with Dallas-based Hillwood Property Trust, to acquire the 684,000-square-foot Southwest Industrial Center… Read more
$62M Med Science Building Planned for Texas Tech
Sundt Construction, headquartered in Phoenix, will soon begin construction on the 277,000-square-foot Medical Science Building II on the Texas Tech… Read more
Opus Snags 96 Acres, Plans 2M-SF Distribution
Opus Development Co. LLC struck a deal with Duke Realty LP to acquire a 95.6-acre, shovel ready site within the… Read more
1M-SF Renaissance Square Towers Sell for $152M
Oaktree Capital Management teamed up with Cypress Office Properties to buy nearly one million square feet of office space in downtown… Read more
325-Unit Aviva Going North for $63M
Florida-based Housing Trust Group (HTG) launched construction on the 325-unit Aviva at 8350 E. Baseline Rd. in Mesa, AZ. The… Read more
Thor Enters SV Market with $67M MOB Buy
New York-based Thor Equities is acquiring a 100,325-square-foot medical office building in Cupertino, CA from Phoenix-based Vereit Inc. for $67… Read more
Private Motorsports to Build $25M Auto Country Club
Scottsdale, AZ-based Private Motorsports Group is under contract to buy 280 acres in the city of Maricopa, AZ from El… Read more
Scottsdale Buyer Pays $37M for Hilton Phoenix Airport
Caliber-The Wealth Development Co. and investor-owned 47th Street Phoenix Airport LLC acquired the Hilton Phoenix Airport Hotel for $37.7 million… Read more
Dallas’ Encore Expanding into Phoenix
Encore Enterprises of Dallas entered Phoenix with a 6.5-acre site on the east side. The plan is to build the… Read more
176K-SF Avnet HQ Sells to a Cole REIT
Cole Office & Industrial REIT (CCIT II) Inc. acquired the 176,402-square-foot corporate headquarters of Avnet Inc. at 221 S. 47th… Read more
Casa Grande Site of 500-Acre Auto Manufacturer
Casa Grande, AZ, in Pinal County, will be the new home for Lucid Motors’ electric vehicle manufacturing facility. The site… Read more
Colliers’ Martin Pupil Promoted to President, U.S. Brokerage
Real estate veteran Martin Pupil has been promoted to President, U.S. Brokerage, with Colliers International. Pupil steps into his… Read more
Charter School Portfolio Sells for $72M
ESJ Capital Partners, headquartered in Florida, sold a five-charter-school portfolio to Charter School Capital of Portland, OR. The seller walked… Read more
Western Refining Sold for $6.4B
Western Refining, based in El Paso, is being sold to San Antonio-headquartered Tesoro Corp. in a deal valued at $6.4… Read more
Behind the Glass: The Magic of Steel and Novel Design
By Dennis Kaiser Development of Natura City’s Blue Bay, a luxury condo project in Irvine, CA, is set to begin… Read more
Parallel Buys 78K-SF Kierland Corporate
Parallel Capital Partners Inc. bought the 78,273-square-foot Kierland Corporate Center II in Scottsdale, AZ from Bataa/Kierland LLC. The three-story building,… Read more
Breakthru Beverage Building Sells for $34M
A 452,271-square-foot industrial facility in West Phoenix that houses the Breakthru Beverage Group traded owners for $33.5 million. The sales… Read more
Opus Sells Phoenix Industrial for $33M
Principal Real Estate Investors made a deal with merchant builder Opus Development Co. LLC to acquire a 393,292-square-foot industrial project… Read more