Phoenix
Mesa Site for New, Matching 250K SF Industrial Buildings
The developer, SkyBridge Arizona, began work on the first of two new buildings on Feb. 21, which will become a… Read more
Phoenix Retail Occupancy at 40 Year High
It appears that the Covid hangover is over, at least in the Phoenix metro area. Velocity Retail Group’s recent survey… Read more
Ecobat To Build C. Arizona Battery Recycling Plant
Ecobat will build its third lithium-ion battery recycling facility—and its first in North America—in Casa Grande, Ariz. The facility is… Read more
Phoenix-Based Rise48 Equity Riding “Workforce Multifamily” to Success
There are some folks out there who are able to turn lemons into lemonade. Even with increasing interest rates, there… Read more
Rise48 Equity Tries its 80’s Strategy Out in Dallas
Rise48 Equity is taking its unique niche on the road. The Phoenix-based company focuses on 1980’s product with 100-plus units.… Read more
Phoenix Metrocenter Mall Revamp Causing Ripple Effect
Retail and office complexes near the soon-to-be redeveloped Metrocenter Mall are being forced to keep up. Nearby Lake Biltmore Corporate… Read more
Hotel Sales Get 2023 Off to a Strong Start with Pricing Records
Following a slowdown in sales in the second half of 2022 due to dislocation in the debt markets, hotel investors have kicked… Read more
Multifamily Icon Doug Bibby Takes a Seat on Shelters to Shutters National BOD
Vienna, VA-based Shelters to Shutters has landed Doug Bibby, the recently retired president of the National Multifamily Housing Council, on… Read more
Semiconductor Supplier Rinchem Building Plant in Phoenix Suburb
Rinchem chose the site because of its proximity to the Taiwan Semiconductor $12 billion manufacturing plant in north Phoenix. It… Read more
IndiCap Rounds Up Funds for 1.5M SF Industrial Project
IndiCap has completed financing on the building of a proposed 1.5 million square foot industrial park and has secured the… Read more
Outpatient Services Drive Revenues and Real Estate
When it comes to healthcare real estate, discussions tend to revolve around hospital facilities and medical office buildings. But it’s… Read more
AC Hotel Phoenix Biltmore Trades for $67.8M
Holualoa and LaPour Partners announced the sale of the AC Hotel Phoenix Biltmore by Marriott for $67.8 million to Nella… Read more
It’s Time to Nominate the Year’s Top Leasing and Sales Brokers
The deadline is almost upon us to nominate commercial real estate’s top leasing and sales brokers for Connect CRE’s sixth… Read more
Goldman Sachs is Predicting a Crash in Phoenix…Not so Fast, Says Phoenix RE Exec
Goldman Sachs expects record drops in Phoenix home prices similar to the 2008 crash, 25% or more. In 2008 we saw… Read more
Goldman Sachs is Predicting a RE Crash in Austin—Not so Fast
Investment banking firm, Goldman Sachs, says Austin is one of four cities that will suffer a 2008-like crash in home… Read more
Gilbert Industrial Site Gains 3 Buildings, 300K SF
Graycor Construction has completed three new buildings at the 64-acre Gilbert Spectrum Industrial Park, on behalf of developers GID and… Read more
Arizona-Only Crowdfunding Apartment REIT Goes National
You don’t have to have bags of money to invest in apartment communities. Neighborhood Ventures is launching NV REIT, its… Read more
Jacuzzi Eases into Glendale Industrial Park
MDH Partners has secured a 143,520-square-foot lease agreement with Jacuzzi Group at Kentwood 303, a two-building industrial park in Glendale, Ariz. A subsidiary… Read more
SkyPlus Secures Financing for Two Phoenix-Area 250K SF Industrial Buildings
CBRE has secured $42.7 million in construction financing for two industrial buildings that will be part of Skybridge Arizona’s master-planned… Read more