Phoenix
Gilbert Mixed-Use Project Reaches Development Midpoint
The Verde at Cooley Station in Gilbert got off to a rough start. The Phoenix Journal reports that groundbreaking on… Read more
Austin Leading the Nation in Multifamily Construction Activity
Austin had the hottest multifamily construction activity in the country, counting 61,873 units underway as of May 2023. According to Multihousing… Read more
HonorHealth Expanding Scottsdale Footprint
HonorHealth has broken ground on a $60 million project on its campus in north Scottsdale. The expansion project at HonorHealth… Read more
California Buyer Acquires 252-Unit Las Vegas Rental Community
Davlyn Investments, a California-based, multi-family investment firm, recently paid $67 million to purchase the “Spectrum,” a 252-unit, luxury, multi-family community… Read more
Moxy Coming to Houston
The Moxy by Marriott brand is growing fast. Last month we told you about the brands introduction to Phoenix. Houston’s… Read more
Kidder Mathews/Phoenix Brings on Dave Carder
Dave Carder has joined Kidder Mathews’ Phoenix office as a senior vice president. Carder brings over 27 years of experience… Read more
Vestar Snags Major Tenants for Still-to-be-Completed Phoenix Shopping Center
Target and Sprouts have signed leases at Vestar’s newest retail development in Queen Creek called Vineyard Towne Center. The center… Read more
Sam Fox Debuts 5 Restaurants for New Phoenix Hotel
It’s been ten years in the making, but soon restarateur Sam Fox will be able to open the doors of… Read more
Submit Your Nominations for Connect CRE’s 2023 Top Mortgage Brokers & Lenders
For commercial real estate professionals on the lending side, 2022 brought an increasingly challenging year as macroeconomic turbulence roiled the… Read more
Joint Venture to Revamp Tempe Historic Site
It’s one of Tempe most endearing landmarks. The old Hayden Flour Mill off the Rio Salado Parkway is hard to… Read more
Sales Market Remains Strong for U.S. Self-Storage
The U.S. self-storage sector recorded investment sales of approximately $10 billion in 2022, maintaining its investor appeal. While that total… Read more
Prime to Launch $2 Billion Data Center Campus in Avondale
New hyper scale data centers are headed to the Phoenix suburb of Avondale. Prime has committed to develop a five-building,… Read more
Rise48 Equity Picks Phoenix Multifamily Community
Rise48 Equity paid $42 million, or $225,806 Spring, for a 186-unit apartment asset in Phoenix. The seller was Living Well… Read more
Fourth Surf Park to Make Waves in Phoenix Metro
Considering the number of triple digit days during a Phoenix summer, it’s no wonder the metro area is adding more… Read more
EdgeCore to Add 36MW to Mesa Data Center
EdgeCore Digital Infrastructure finished its first building in 2019, and since then it’s been increasing the datacenter campus. Its projects… Read more
Popular Phoenix-Area Sportspark Declares Bankruptcy
Eventhough the various sports options at Mesa’s Legacy Park appear to be attracting more customers than ever, the group is… Read more
JLL IPT Fully Subscribes $200M DST Offering
JLL Income Property Trust (JLL IPT) said Monday it had fully subscribed JLLX Diversified II, DST. The five-property, $200-million diversified portfolio was… Read more
Onetime San Antonio Sears Store Taken Over by Mega Furniture
A former Sears location that was part of the Ingram Park Mall at 6301 NW Loop 410 was sold to a… Read more
Tempe’s Largest, Newest Hotel Accepting Guests
Tempe’s largest hotel opened its door over the weekend. The 330-room Omni Tempe Hotel at Arizona State University is now… Read more