Phoenix
Nominate a Woman in Real Estate for Our Eighth Annual Awards
With a little more than a week to go before the deadline for submitting nominations to Connect CRE’s 2024 Women… Read more
Scottsdale MOB Sells for $71.5M
Net Lease Office Properties (NLOP) sold an office property leased to CVS Health Corporation (“CVS”) for $71.5 million. Net proceeds after… Read more
Cypress West, TPG Angelo Gordon Close MOB Portfolio Financing
A joint venture of Cypress West Partners and TPG Angelo Gordon closed a medical office building portfolio financing and future acquisition credit… Read more
Texas Industrial Pipeline Takes a Dip
Dallas-Fort Worth is home to the third-largest industrial pipeline nationwide at 15.7 million square feet, representing 1.6% of the market’s current stock,… Read more
Vestar to Manage LV Power Center
Vestar has been engaged to provide management services for Silverado Ranch Plaza in Las Vegas, Nevada. The Phoenix-based company services… Read more
229-Unit Phoenix Rental Asset Trades for $79M
Christiansen Ventures acquired the 229-unit Alta North Central in Phoenix for $79 million, nearly $350,000 a unit. A CBRE Debt… Read more
Rehab Hospital Teaming Up with Mayo Clinic
Brooks Rehabilitation is constructing a new hospital adjacent to the Mayo Clinic in Phoenix. Brooks and the Mayo Clinic are… Read more
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