Phoenix
MLB Owner Adds to Phoenix Holdings
Los Angeles Angels billionaire owner Artie Moreno recently bought a 21-acre vacant lot in Gilbert for $24.5 million. The sale… Read more
Headquarters Relocations: When, Who, Where, and Why
It’s not easy for a large company to pick up its headquarters operations and move them elsewhere, whether that move… Read more
Creation to Start Work on The Switchyard in Queen Creek
Creation is days away from starting construction on The Switchyard, a $120 million mixed-use project in Queen Creek. The mixed-use… Read more
Goodyear Zones Massive Parcel, Building Plans Uncertain
Rankin Real Estate paid $32.5 million for a parcel on Citrus Road and I-10 last year and recently had the… Read more
Phoenix Spends Nearly $30M for RIO PHX Plan
The City of Phoenix acquired a 29.4-acre infill parcel in Phoenix from ATLAS Capital Partners in a $29.6 million transaction.… Read more
Greystar, Crown Ink $64M Financing for Phoenix Apartments
Harbor Group International provided a $64 million senior loan to a joint venture between Greystar Development (“Greystar”) and Crown Realty Group (“Crown”)… Read more
Time to Nominate CRE’s Rising Stars for the Ninth Annual Next Generation Awards
The deadline is almost upon us for submitting nominations to Connect CRE’s ninth annual Next Generation Awards. We welcome your… Read more
Cushman & Wakefield’s Mike Haenel Wins Phoenix NAIOP Award
Cushman & Wakefield’s Mike Haenel has been named NAIOP Arizona’s 2025 Award of Excellence recipient. The award was presented at… Read more
Caliber Reworking Two Phoenix Office Buildings
CaliberCos has been given a green light by the Phoenix City Council to convert two office buildings in north Phoenix… Read more
Bridge Investment Picks Up Glendale Rental Community
Monte Vista, a 208-unit multifamily property in Glendale, has sold for $25.5 million. According to Yardi Matrix information, Bridge Investment… Read more
Dallas Leads Nation’s Industrial Pipeline
Dallas-Fort Worth ranks as the nation’s most active industrial market when it comes to future deliveries. According to Commercial Edge,… Read more
Construction Underway on $225M Mesa Mixed-Use Development
Thompson Thrift announced construction has started on The Gilmore, a $225 million, 35-acre mixed-use development in the Phoenix suburb of Gilbert. The Gilmore… Read more
KeyBank Provides $35M for Rural Arizona Affordable Housing
KeyBank Community Development Lending and Investment provided a $13.9 million construction loan and $21.4 million in low-income housing tax credit… Read more
Sprouts Moving to New 180K-SF Phoenix HQ
Sprouts Farmers Market will soon be moving into a brand-new corporate headquarters. The company has tied up property at CityNorth… Read more
Suburban Phoenix Coworking Locations See Huge Bump
Phoenix suburbs have seen an explosion of coworking sites. The Valley of the Sun has 4.5 million square feet of… Read more
Vestar Snags Superstition Gateway Property Management Deal
Superstition Gateway in Mesa, Arizona, has a new property team. Vestar has been awarded the property management role, while retail… Read more
Return to Lender: Week of April 24, 2025
Morningstar Credit this week reported that several properties have transferred to special servicing. They include the following: Read more
Tower 16 Acquires South Mountain BTR Community
Tower 16 Capital Partners, in partnership with Raith Capital Partners, acquired Sanctuary at South Mountain, a 166-unit Build-to-Rent property near… Read more
Marcus & Millichap Negotiates Sale of Portland O’Reilly Auto Parts
Marcus & Millichap has brokered the sale of O’Reilly Auto Parts, a 7,000-square-foot net-leased property located in Portland, Oregon. The… Read more