Phoenix
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
QTS Nears Closing on $600M Refi for Phoenix Data Center
QTS Realty Trust is seeking nearly $600 million as part of an ABS financing package backed by its PHX2DC2 data… Read more
Three Phoenix Warehouses Trade for $116.7M
Link Logistics sold three industrial buildings to INDUS Realty Trust for $116.7 million, much more than Link originally paid for… Read more
Empire Group Starts Work on 287-Unit San Tan BTR Community
Empire Group of Companies has broken ground on Village at Borgata, a 287-unit single-family build-to-rent (BTR) community located at 3959… Read more
Bela Flor Lands $116M Refi for 3-Property BTR Portfolio
CBRE has secured $116 million in pre-stabilized bridge financing for three recently delivered built-to-rent properties in the greater Phoenix metro… Read more
Claire’s Closing 5 Phoenix-Area Stores
Claire’s, a mall boutique chain favored by tweens, teens, and young women, is set to close more than 290 stores nationwide as… Read more
116K-SF Phoenix Office Building Trades for $10M
Forty6Forty5, a 116,858-square-foot office building at 4645 E. Cotton Center Boulevard in Phoenix, has been sold to a private investor… Read more
Vestar Planning Massive “Urban Oasis” in Mesa
Retail developer Vestar revealed plans for Legacy Park, a massive mixed-use project in southeast Mesa. Spanning 200 acres near Mesa… Read more
Mortenson Helming Massive N. Phoenix Mixed-Use Venture
While plans are in the early stages, Mortenson Development wants to get going on a massive mixed-use project in north… Read more
Chip Supplier Commits to New Peoria Factory Site
Amkor Technology was getting heat from residents near its proposed semiconductor chip packaging and testing facility in Peoria, so the… Read more
Phoenix Ranks #2 in Data Center Development Pipeline Survey
According to the new JLL North America Data Center Report—Midyear 2025, Metro Phoenix ranks second in the data center development… Read more
Former Avnet Office Property Acquired by Phoenix Investor
Arizona investor David McHenry acquired the two-story Tempe office property at 8700 S. Price Road in Tempe for $7.26 million. The 132,000-square-foot… Read more
Lowe’s Opens 130K-SF Store in Maricopa
Thompson Thrift, a developer powerhouse in the Phoenix metro area, announced that Lowe’s has opened a 130,000-square-foot store at South… Read more