Phoenix
Coming to an End: The Zoom Town Housing Boom
When the COVID-19 pandemic caused the world to shut down in March 2020, much of the population escaped densely-packed urban… Read more
RED/Globe to JV on 150-Acre Goodyear Mixed-Use Project
RED is no stranger to major downtown development and revitalization projects: CityScape in Phoenix, PV in Paradise Valley, and Prasada… Read more
Ryan Cos. Building 1.9M SF Build-to-Suit Business Park in Pinal County
Pinal County is half way between Phoenix and Tucson and just off the junction of two major interstates and a… Read more
Bela Flor Secures $24M For Mesa Rental Recap
Bela Flor Communities has secured $24 million in preferred equity for the recapitalization of Bella Victoria, a 236-unit luxury community in… Read more
Central Phoenix BTR Community Sells for $491,000/ Unit
BSK 340 paid $10,325,000 for the 21-unit luxury build-to-rent community located in Downtown Phoenix. The seller was Metro 21 on… Read more
Hard Rock Hotel Plans Scottsdale Location
The $100 million project is on the Salt River-Maricopa Indian Community, but it’s within a stones throw of Scottsdale, its… Read more
Arizona Tribe Releases Details of Newest Phoenix Casino
Earlier this week we ran a story about the Tohono O’odham tribes announcement about opening up their fifth Arizona casino,… Read more
George Oliver Tasked with Biltmore Commerce Center Redo
Niche Developer George Oliver, known for its office redevelopments, has unveiled plans for Bond, a $52 million renovation on the landmark… Read more
Fidelis Realty Acquires Former Sears Assets in Central U.S.
JLL Capital Markets secured acquisition financing for an 11-property, 1,500,000-square-foot retail portfolio, consisting of repurposed and upgraded former Sears retail assets… Read more
Time to Nominate Commercial Real Estate’s Rising Stars
The deadline is drawing near for nominations in Connect CRE’s seventh annual Next Generation Awards. Although response has been positive,… Read more
Arizona Tribe Adding Another Phoenix-Area Casino
A fifth Desert Diamond Casino is ready to start construction at a 110-acre site located at the southeast corner of… Read more
Maricopa County Leads the Nation in Growth
The county’s population increased by 1.3% from July 2021 to July 2022 with the addition of 56,831 new residents, according… Read more
Florida Group to Transform Phoenix Offices into Apartment Rentals
Florida-based Cedar Grove Group is planning to convert an office building into new apartments in Phoenix. The three-story vacant office building… Read more
IndiCap, Invesco Team Up on 1.5M SF Business Park Build
IndiCap and Invesco are working together on a 1.5 million square foot industrial project in Phoenix. They secured an $88… Read more
Three Phoenix Major Mall Overhauls Taking Shape
The Covid pandemic put the nail in the coffin of a number of mall properties throughout the United States. Now,… Read more
StreetLights Residential Makes Three Executive Moves
StreetLights Residential, a design-driven developer of multifamily and mixed-use communities, has made three executive-level promotions. Andrew Kastanos has been promoted to Chief Financial… Read more
New Harkins Entertainment Concept Planning North Phoenix Debut
Harkins Theatres is looking to open Harkins BackLot, a new concept family entertainment center that was inspired by the classic… Read more
Report: Los Angeles has Most Vacant Land of California Cities
For developers looking to build in California’s 4 most populous cities, Los Angeles ranks #1 in developable land with 42,000… Read more
We’re Looking for More Rising Stars in Commercial Real Estate
Response to our call for nominations in Connect CRE’s seventh annual Next Generation Awards has been positive. However, we are… Read more