Phoenix
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
Alterra IOS Acquires 12-Site, 43-Acre Portfolio
Alterra IOS has acquired 12 IOS sites, totaling 43.3 usable acres with over 165,000 square feet of accompanying warehouse space.… Read more
City Office REIT Agrees to US$1.1B Sale to MCME Carell
City Office REIT has entered into a definitive merger agreement with MCME Carell to be acquired in a transaction valued… Read more
Three-Asset Phoenix Apartment Sale Closes for $244.8M
Sunroad Enterprises sold a three-multifamily community portfolio to Fairfield Residential for $244.8 million. The 907-unit, three-complex sale is worth nearly… Read more
George Oliver Branching Out to Luxury Vehicle Storage
He’s made a living making-over dated office complexes in the Phoenix area. And now George Oliver is adding luxury vehicle… Read more
Queen Creek Retail Center Snags Target, to Open This Fall
Queen Creek’s Vineyard Towne Center at 37666 North Gantzel Road is now 100% leased and will include a new Target store slated… Read more
Neighborhood Ventures Fund Picks Up Distressed Phoenix Rental Property
Neighborhood Ventures (NV), an online real estate investment company that enables both accredited and non-accredited investors to invest in multifamily… Read more
Empire Closes Refis on 3 Phoenix-Area BTR Communities
Empire Group of Companies recapitalized three of its single-family build-to-rent communities across the Phoenix metropolitan area. The number of units… Read more