Phoenix
1M-SF Phoenix Warehouse Sells for $118.25M
BentallGreenOak paid $118.25 million for a Buckeye warehouse fully leased by Amazon. US Capital and Ares Management Corp. were the… Read more
Highstreet Transforming Buckeye Church Property into 510 Apartment Units
Marcus & Millichap announced the sale of a piece of land owned by Summit Church, a 17.89-acre multifamily property located… Read more
INDUS Acquires Phoenix Warehouse Distribution Center
INDUS Realty Trust acquired Phoenix Airport Logistics, a 393,484-square-foot warehouse/distribution center in Phoenix’s airport submarket. Indus paid $72.4 million for… Read more
CityNorth Welcoming Dual-Branded Hotel
CityNorth, a 100-acre property in the Desert Ridge area of north Phoenix, is adding a dual-branded hotel to its growing… Read more
P&G Progressing on $500M Coolidge Plant
Procter & Gamble Co. has committed to build a $500 million plant in Coolidge, Arizona. The company is moving forward with… Read more
Inland Property Management and Leasing Group Takes “360-Degree Approach”
“When you’re presented with a challenge, it actually presents an opportunity,” said Niall Byrne, president of Inland Property Management and… Read more
California Transplants Liking AZ Home/Rent Prices
Apartment developers and investors are always in the market for good information before they consider a project. A Storage Cafe… Read more
Woodside Health Adds Another Phoenix Property
Woodside Health has paid $20.9 million for Paradise Valley Plaza, a three-building, multi-tenant office and medical complex spanning 100,203 square… Read more
Proposed Buckeye Power Center to Start Construction
Vestar will break ground net week on its massive shopping center in Buckeye, which will feature a Harkins BackLot, a Target, a Safeway and… Read more
Investors Ink Financing for 271-Unit Phoenix-Area BTR Project
Lincoln Avenue Communities and WNC & Associates secured financing for The Ranches at Gunsmoke, a 271-unit build-to-rent affordable development in… Read more
Biltmore Fashion Park Adds Retail Tenants
RED Development unveiled more plans for the future of Biltmore Fashion Park, a high-end outdoor shopping and dining destination. The… Read more
Mesa Land Auction Guaranteed to Interest Bidders
Public land auctions in Arizona typically get a lot of buzz. The Mack Real Estate Group’s winning bid on an… Read more
BNSF Moving Ahead on Massive Phoenix-Area Logistics Center
The BNSF Railway has a while to go before its massive Phoenix-area commercial real estate project is approved. But it… Read more
Self-Storage Developer Spending Over $50M on Phoenix-Area Projects
Abernathey Holdings is building three self-storage facilities across the Phoenix metro area. The company debuted its first development in Gilbert,… Read more
JLB Proposing N. Phoenix Mixed-Use Development
Piggybacking on the deluge of proposals hoping to capitalize on the $65 billion Taiwan Semiconductor Manufacturing plant, Dallas-based JLB Partners… Read more
Ray, VeLa Start Work on $211M Nashville Venture
Ray and VeLa are again combining on a multifamily community, this one in Nashville. The 32-story, 367-unit Ray Nashville project… Read more
Lincoln to Convert Phoenix Offices to Industrial
Lincoln Property Company (Lincoln) acquired an infill office project in Tempe, and will redevelop the site into Sky Harbor Logistics, a… Read more
Hines Spins Off Camelback Offices for $97.9M
Wide Open Excursions—a leisure service provider—acquired 24th at Camelback II for $97.9 million. Hines sold the 306,877-square-foot Class A asset… Read more
Dallas Hotel Pipeline Leads Nation
Lodging Econometrics Q3 report on the US hotel pipeline is led by Dallas. Dallas has a record-high of 194 projects and… Read more