Phoenix
Hinkson Inks Refi for 221K-SF Casa Grande Retail Center
Hinkson Co. has secured a $30 million refinancing loan for Casa Grande Mall, a 221,328-square-foot retail asset in Casa Grande,… Read more
RX Health Trust Pays $48M for Mesa Medical Center
Cushman & Wakefield arranged the $48 million sale of Stapley Medical Center, a two-building, 181,710-square-foot medical office campus in Mesa,… Read more
Office-Using Job Growth Shifts to Southern and Western Metro Areas
U.S. office-using job growth has shifted south and west, Avison Young reported. Austin leads all major metro areas, up approximately… Read more
Waymo Spends $220M On Wittman Test Track
Waymo has acquired a 5,500-acre autonomous vehicle proving ground in Wittmann, Arizona, for $220 million. Apple, the previous owner, paid… Read more
Microsoft Adds to Goodyear Data Center Property Locations
Microsoft spent over $130 million for a 100-acre site in Goodyear. The Phoenix Business Journal reports the property, owned by Industrial… Read more
Camelback Office-to-Apartment Conversion Nearly Complete
The transformation of the 11-story One Camelback is nearly finished. The Phoenix Business Journal reports the glass tower is now… Read more
Porter Kyle Builders Names Industry Veteran John Rowland Vice President of Construction
Phoenix-based Porter Kyle Builders continues to build up its Build-to-Rent homebuilding operations with the addition of CRE veteran John Rowland… Read more
Work Underway on Phoenix Gaming-Themed Hotel
Intersection Development is tearing down a Phoenix building to make way for the Atari Hotel, a 91-room hotel with a… Read more
87K-SF Phoenix Office Building Trades in Phoenix
Cushman & Wakefield represented First & Center LLC in the sale of Fairmount Place, located at 4001 N. 3rd St.… Read more
Investment Group Acquires 1.2M-SF Phoenix Industrial Park
Machine Investment Group (MIG), in a joint venture partnership with Miramar Capital and Axonic Capital, acquired The Hub @ 202, a 1,271,390-square-foot,… Read more
Palmdale Chipotle Sale Sets Cap Rate Benchmark
SRS Real Estate Partners completed the $4.39-million sale of a single-tenant property occupied by Chipotle located at 3852 W Rancho… Read more
140K-SF Car Condo Facility Advances in Scottsdale
Finish Line Auto Club has plans for a luxury care storage facility at 17600 N. Perimeter Center Dr. The firm… Read more
Arizona, Nevada, California Reach Water Supply Agreement
Every Phoenix-area apartment investor and homebuilder has to make a case that their residents will have an adequate water supply.… Read more
Fully Leased Cookeville Warehouse Sells for $140M
Tratt Properties paid $140 million for a 1.6 million square foot industrial distributuion facility located at 4500 Academy Road in… Read more
Empire Group Starts Work on $170M Phoenix Apartment Tower
Empire Group of Cos. has closed on a $131.2 million financing package and broken ground on The Whitney. The Phoenix… Read more
CenterSquare Acquires Four Retail Centers Across the Country
Conshohocken, Pennsylvania-based CenterSquare has acquired four retail properties, adding to the firm’s essential service retail portfolio. The latest additions bring… Read more
$3B Data Center Venture Slated for Avondale
Prime Data Centers has broken ground on three data centers in the first phase of its $3 billion, 1.3 million-square-foot,… Read more
Consumer Cellular Leasing 123K-SF Phoenix Office Building
Consumer Cellular’s Phoenix contingent will be moving into the 123,340-square-foot 8501 Raintree office building in north Scottsdale. The company will… Read more
CenterSquare Picks Up Three SW Retail Centers
CenterSquare has added to its Essential Service Retail (ESR) Portfolio. The retail investor picked up three retail centers in the… Read more