Phoenix
REIT Picks Up Phoenix Shopping Center for $25.3M
Whitestone REIT acquired the Arcadia Towne Center in Phoenix, Arizona for $25.3 million. The center expands Whitestone’s footprint into Phoenix… Read more
Battery-Maker KORE Receives $850M Federal Loan for Phoenix Plant
The US Department of Energy Advanced Technology Vehicles Manufacturing program will provide the funds that will be put toward the… Read more
Largest Amazon Distribution Center Opens in Mesa
Amazon opened its new 1.2 million-square-foot storage and distribution center, the company’s largest in the country. Just off the Loop… Read more
Phoenix Crowd-Funder to Focus on Multifamily
Neighborhood Ventures finds investors who might put up $5,000 or $10,000 a piece into its crowdfunding company. In exchange, they… Read more
Gantry Secures $53M Loan for Phoenix-Area Shopping Center Investor
Gantry has secured a $53.4 million permanent loan to retire construction debt for the first phase of a multi-phase retail… Read more
JLL Secures $38M in Debt/Equity for Casa Grande Business Park
JLL Capital Markets arranged $15 million in joint venture equity and $23 million in financing for the development of KV Casa… Read more
Rockefeller Group Ushers in Another Phoenix BTR Community
Rockefeller Group has acquired two sites for the development of 152 build-to-rent townhomes. The two sites, approximately 1.75 miles apart,… Read more
Dallas Out Front on BTR Rentals
The high costs of buying a home and changing attitudes towards homeownership are pushing the construction of build-to-rent (BTR) homes… Read more
Phoenix Company Installing $50M Cooling Plant
Underneath street level, Cordia, a commercial energy services company, is freezing water, melting ice and transporting it to provide air… Read more
Poplar Homes Enters Arizona Market
Tech-centered property management company Poplar Homes has acquired Venture REI’s single-family for-rent property management portfolio. The acquisition adds 152 homes… Read more
Phoenix Industrial Project Fetches $18M
Stonelake Capital Partners has purchased University Logistics Park, an 86,400 square foot, multi-tenant industrial project in Phoenix. The sales prices… Read more
Arizona Boardwalk Picks 48 Acres In Scottsdale Entertainment Center
No word yet on what the developers of Scottsdales’s Arizona Boardwalk want to do with their recent 48-acre land acquisition,… Read more
Phoenix Ranked #2 in 2022 BTR Development
It’s no longer much of a secret. Higher interest rates and surging home prices are forcing many potential homebuyers to… Read more
Tempur-Pedic Adds to 1 Million SF Phoenix-Area Footprint
Tempur-Sealy claims to be the countries largest bedding provider. When they need a place to warehouse their products, they need… Read more
Semiconductor Vendor to Expand Arizona Operation
Intel and Taiwan Semiconductor Manufacturing Co. have found a home in Arizona. And they need instate vendors to keep the… Read more
Phoenix-Area Industrial Building Picked for $81.7M
US Capital Development (USCD) sold the newly constructed 599,486-square-foot Class A industrial building in Glendale. The buyer, Cohen Asset Management,… Read more
Dallas-Based Investor to Open 50 “Picklemalls”
There is no stopping the pickleball juggernaut. LaBron James owns a team in the new pickleball pro league and new… Read more
Coming to a Galleria Near You, Picklemall
At first, clever pickleball enthusiasts had to reconfigure tennis courts to get a chance to play their favorite new sport.… Read more
We’re Looking for More of CRE’s Top Mortgage Brokers and Lenders
Response to date has been strong for Connect Commercial Real Estate’s third annual Top Mortgage Brokers & Lenders awards program.… Read more