Phoenix
UrbanStreet Scores $62M Construction Loan for Goodyear Apartment Project
Six months ago UrbanStreet Group paid $14.5 million for a 17 acre parcel two miles from the Goodyear airport. Last… Read more
Brixton Acquires 300-Unit Phoenix Apartment Complex
Brixton paid $82 million for a Phoenix warehouse district apartment complex. Wood Partners sold the 300-unit Alta Warehouse. A CBRE… Read more
Q&A: The State of Multifamily Operating
Thirty Capital Performance Group recently released its 2023 State of Multifamily Operating Performance Chartbook. The Chartbook is a reference guide… Read more
Prologis Buyer in Arizona’s Largest-Ever Business Park Sale
Industrial real estate titan Prologis has paid $184 million for the newly-built Airpark Logistics Center in Goodyear. The seller, Creation,… Read more
Phoenix Industrial Market Stays Hot
Phoenix continues to surge in the industrial real estate market when it comes to new deliveries and rental rates. While… Read more
Stream Hires Away Four JLL Brokers for Phoenix Office
Dallas-based Stream Realty Partners LP has hired four office leasing brokers from JLL: managing directors John Bonnell and Brett Abramson,… Read more
Phoenix Suns Building $100M HQ/Mercury Facility
The Phoenix Suns and WNBA Phoenix Mercury unveiled plans for a new team member business headquarters and a dedicated practice… Read more
Scheels Opens Arizona Store to Stunning Crowds
If you’re not familiar with Scheels now, you will be. If it’s not the sporting goods, it’s the Ferris wheel,… Read more
The District at Scottsdale Flips for $161.5M
KKR sold The District at Scottsdale, a 332-unit Class A residential building, for $161.5 million. Fairfield Residential was the buyer. The… Read more
Nominate a Standout Attorney for Connect CRE’s 2023 Lawyers in Real Estate Awards
For the fourth year in a row, Connect CRE has opened nominations for our annual Lawyers in Real Estate Awards.… Read more
Tempe Developer Converts Famed Surf Park to Business Park
When Big Surf opened in 1969, it was one of the first surf parks with real waves. A developer has… Read more
Retail Owners, Investors Poised to Gain from High Occupancy and Strong Rent Growth
Due to the high levels of occupancy in the retail sector and its undersupply of new development, current owners and… Read more
Scottsdale Hotel Claims $102M Pricetag
A 177-room Canopy by Hilton Scottsdale Old Town hotel was acquired by Dynamic City Capital for nearly $102 million. Miller… Read more
Empire Affiliate to Build 25-Story Phoenix Mixed-Use Project
Aspirant Development, a sister company of Empire Group of Cos., has been preparing to turn a vacant infill property (see… Read more
Harvard Investments Buys Goodyear’s King Ranch
Harvard Investments already has a significant presence in Goodyear. Harvard owns Estrella, a 20,000-acre mixed-use master-planned community, FirstStreet Ballpark Village… Read more
ViaWest Moving on $96.5M, 2M SF Glendale Industrial Build
ViaWest Group has obtained $96.5 million for the development of The Base, an industrial project totaling nearly 2 million square feet… Read more
Camelback Corridor Office Flips for $72.1M
LPC Desert West (LPC), a division of Lincoln Property Company, has sold the landmark 3131 and 3133 Camelback to an entity… Read more
N. Phoenix Apartment Rental Sells for $80M
A 292-multifamily asset in Phoenix sold for $79.25 million or $271,404 per unit. The property, Cabana Happy Valley, is in North… Read more
Priderock Capital Garners $130M for Phoenix Multifamily Community
Arcadia Cove, a 432-unit multifamily community in Phoenix, was acquired by Blue Rock Capital for a sales price of $… Read more