Phoenix
Target Sells Off 188K-SF Tempe Offices
Target employees vacated their Tempe offices over five years ago, a common response to issues related to the pandemic. The… Read more
Buckeye State Land Auction Draws Interest from Sunbelt Holdings
Sunbelt Investment Holdings says it will bid on a 272-acre vacant parcel near I-10 and Verrado in Buckeye. The Phoenix… Read more
Four-Suite Retail Strip in Kansas Changes Hands
Marcus & Millichap has completed the sale of 401 E. 4th Ave., a four-suite retail strip and a Dillon’s Fuel… Read more
North Phoenix Shopping Center Trades for $71M
Longpoint Partners paid $71 million for Stetson Village, a 144,192-square-foot Safeway-anchored shopping center at 3780-3890 West Happy Valley Road in… Read more
Southwest Value Partners Spends $296M on 7 Phoenix-Area Office Properties
Southwest Value Partners (SVP) acquired seven top-flight office properties in Phoenix, Scottsdale, Tempe and Chandler. City Office REIT was the… Read more
Mall Owner Unloading Phoenix Properties
Mall owner Macerich has sold numerous Phoenix properties as part of a strategy to unload underperforming assets. The Phoenix Business… Read more
The Community Side of Data Centers
Discussions about data center design, development and operations tend to focus on site size, power requirements and operational metrics. What… Read more
Phoenix Seeking Partner to Build Hotel at Parking Lot Site
The idea of a mixed-use project where a Phoenix city parking lot stands has been moving along very slowly. Six… Read more
TruAmerica Multifamily Makes Key Regional Leadership Promotions
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, today announced a series of key leadership promotions as part of its ongoing… Read more
AZ Mining Company HQ On the Block
The Freeport-McMoRan headquarters building in Phoenix is nearly vacant. The mining company has been slowly moving workers to the Cotton… Read more
Chicago/Midwest People & Company News, week of August 8, 2025
Lee & Associates announced that Colin Sons has joined the brokerage group as an associate. He will provide a full… Read more
Costco On Phoenix Metro Buying Spree
Costco Wholesale Corp. has bought two parcels for $35 million to build Costco Business Centers. The Phoenix Business Journal reports that… Read more
Avondale Picks Developer to Build Gateway Attractions
The city of Avondale chose Blueprints Capital and Whitten Development to build a 16-acre city-owned entertainment hub that would serve… Read more
Queen Creek Battery Maker Reveals Open Date
LG Energy Solution Ltd.’s (LGES) battery factory in Queen Creek is preparing to open next summer. The Phoenix Business Journal… Read more
Banner Health Proposing $400M Scottsdale Hospital
Scottsdale may soon be home to a 640,000 square foot hospital at the corner of Hayden Road and Loop 101.… Read more
Plans Revealed for Massive Arizona Data Center Industrial Park
Arizona land developer Vermaland unveiled plans for a $33 billion data center industrial park that would become the largest such development in… Read more
Knightvest, ColRich Ink Deal on Phoenix Rental Community
Knightvest has sold a Phoenix rental property for $62.3 million. ColRich purchased the 292-unit downtown multifamily community. Built in 2016,… Read more
Scottsdale Rental Asset Acquired for Nearly $400K/Unit
High Street Residential sold off the Huxley Scottsdale, a multifamily community developed with PGIM Realty. Phoenix-based Pillar Communities acquired the… Read more