Phoenix
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
PwC-ULI Emerging Trends Report Debuts in Vegas
The PwC-Urban Land Institute’s recently released “Emerging Trends in Real Estate 2025” suggested that CRE’s troubled past could soon be… Read more
TSMC-Area Master Plan Taking Shape
Amid much fanfare, Mack Real Estate and McCourt Partners were the successful bidders on an Arizona State Land auction parcel… Read more
Chip Supplier Building $100M Phoenix Plant
Semiconductor chemical supplier Sunlit Fluo & Chemical Co. Ltd. is opening its first manufacturing facility outside of Asia. The new… Read more
Fiesta Mall Repositioning Taking Shape
Mesa’s Planning and Zoning Board recommended approval to rezone roughly 80 acres that were once home to Fiesta Mall. Verde Investments… Read more
It’s Time to Nominate Commercial Real Estate’s Leading Attorneys
The deadline is drawing near to submit nominations for Connect CRE’s fifth annual Lawyers in Real Estate Awards. We believe there are… Read more
EQT Exeter Acquires 860K-SF Phoenix Warehouse Package
EQT Exeter paid $143.2 million for a six-buildiing Phoenix industrial portfolio. Link Logistics was the seller of the package, called… Read more
We’re Looking for More Leading CRE Attorneys
Nominations have been streaming in for Connect CRE’s fifth annual Lawyers in Real Estate Awards, and we appreciate the positive response. However,… Read more
Amazon Pays $277M for Likely Data Center Site
Amazon has paid $277 million for a 220-acre site in Laveen that could be used as a data center campus.… Read more
Funding Secured for First Metrocenter Redevelopment Phase
Concord Summit Capital (“Concord Summit”) arranged a $24.5 million construction loan to finance demolition, abatement and infrastructure entitlements for the redevelopment of… Read more
Empire Group Eyeing 100K-SF Carefree Retail Project
Empire Group and Diversified Partners are teaming up on a new retail center at Cave Creek Road and Carefree Highway.… Read more
Buckeye Advances Master-Planned Community
Homebuilder Lennar has received approval from a Buckeye planning board to build a mixed-use venture at the corner of West… Read more
Phoenix Sees First Office Vacancy Rate Decline in 5 Years
A recently released JLL report on the Phoenix office market notes that vacancy rates are decreasing, the sublease market is showing… Read more