Phoenix
251-Unit Goodyear BTR Community Ready This Fall
Harvard Investments already has half of its proposed 251 build-to-rent units in Goodyear pre-leased, and they won’t even be ready… Read more
Tract Pushing for 1,700-Acre Buckeye Data Center Campus
Data center developer Tract plans a 1,700-acre data center campus in Phoenix’s West Valley, just south of Interstate 10. Approval… Read more
Tower Capital’s George Maravilla Provides Teaser on BTR Lending for Upcoming Connect Texas Multifamily Event
Over the next few weeks, ConnectCRE will preview speakers and moderators from the varied panel discussions at Connect Texas Multifamily… Read more
Macerich Off-Loads Interest in Biltmore Fashion Park
Macerich Co. sold its 50% stake of Biltmore Fashion Park to Red Development. Phoenix-based Red Development will now own 100%… Read more
Creation Jettisons Chandler Warehouses for $57M
Midway Commerce Center located in Chandler traded hands this week as Creation sold the three-building, 301,994-square-foot master-planned industrial center to Boston-headquartered Longpoint… Read more
Aircraft Supplier Spends $27.5M on Tempe Warehouse
Aircraft supplier Setna iO/Setnix has acquired a 112,300-square-foot industrial property at 1345 S. 52nd St. in Tempe for $27.5 million.… Read more
Overton Moore Raises Equity for $300M of CA Logistics Acquisitions
Logistics real estate developer and operator Overton Moore Properties (OMP), headquartered in Torrance, said Monday it had raised $150 million of equity… Read more
Goodyear Amazon Distribution Center Needs 500 Workers
Amazon will move into a 1.2 million square foot distribution center at Loop 303, S of the SWC of Cotton… Read more
Conn’s, BigLots Shuttering Arizona Stores
Conn’s HomePlus has filed for bankruptcy and is closing 71 of 170 Conn’s HomePlus stores. The Texas-based company filed for Chapter… Read more
Medical Properties Trust Unloads 8 Arizona Medical Facilities
Medical Properties Trust, Inc. (MPT) sold the 50-bed Arizona General Hospital in Mesa, AZ and seven freestanding emergency department (FSED)… Read more
Lion Expands Nashville Apartment Portfolio
Lion Real Estate Group acquired Bradford Woods, a 312-unit multifamily property in Nashville. The latest purchase increases the company’s stake… Read more
QTS Pays Nearly $250M for W. Valley Data Center Site
Blackstone affiliate QTS acquired 206 acres in the West Valley from TGV Investments LLC in an all-cash deal, worth $246.8… Read more
New San Tan Retail Center Taking Shape
Developers Okland Capital and San Tan Development Group have started construction on the first six buildings at Northside at SanTan… Read more
Phoenix Retail Market Stays Hot
Phoenix’s retail market has an envious record of low vacancy rates, steady growth and rising rents. According to Avison Young’s… Read more
Calling for More Nominations in Connect CRE’s 2024 Women in Real Estate Awards
Nominations are open for Connect CRE’s 2024 Women in Real Estate Awards, and although response to our eighth annual program has been… Read more
Commercial Real Estate is . . . People
When seeking out the best commercial real estate opportunities, investors examine many factors. These include pro formas, supply, market and… Read more
Charlotte Mixed-Use Project to Feature Sprouts as Anchor
A Sprouts Farmers Market Inc. will soon open at the base of a 383-unit apartment complex in Charlotte. The project… Read more
Tower Capital Arranges Loan for Phoenix BTR Community
Tower Capital has arranged a $51.5 million construction loan for another Build-to-Rent (BTR) community in Phoenix. The company has now… Read more
Chicago-Based Pine Tree Acquires Cincinnati Retail Center for $80M
Pine Tree, a Chicago-based commercial real estate firm, has purchased the 460,893-square-foot Kenwood Square shopping center in Cincinnati, Ohio, for… Read more