Phoenix
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
Southwest Self-Storage Portfolio Trades for $266M
18 self-storage properties were included in the offering. The porfolio was sold by a joint venture of Phoenix-based Wentworth Property… Read more
Tucson Whole Foods-Anchored Center Sells for $31M
River Center neighborhood shopping center at River Road and Craycroft in Tucson sold for $31.1 million ($289 PSF). Anchored by… Read more
West Phoenix Apartment Community Trades for Nearly $50M
ABI arranged the sale of Dimension on 27th Apartment Homes, a 260-unit multifamily apartment community located in Phoenix, Arizona. The… Read more
Phoenix-Based Taylor Street Adds Business Strategy Executive
Louis Dettorre has joined Taylor Street Advisors as SVP, Director of Business Strategy & Operations. Before joining Taylor Street, Louis… Read more
Chandler Corporate Center I & II Trade for $22M
Mass Equities has completed its $22 million sale of Chandler Corporate Center I and II, two Class A mid-rise office buildings… Read more
Scottsdale Kierland Office Duo to Receive $29M Renovation
Two Scottsdale office buildings, making up over 400,000 square feet of rentable space, will get a $29 million facelift. Kierland… Read more
Proctor & Gamble to Build $500M Plant in Phoenix-Area Town
Procter & Gamble Co. has acquired 430 acres in Coolidge, Ariz., for the development of a new industrial property to support… Read more
Phoenix’s Iconic Metrocenter Mall Ready for $850M Redo
The developers of the Metrocenter Mall conversion have received their zoning and entitlements from the City of Phoenix, and now… Read more
Churchill Provides $55M Build Loan for Phoenix BTR Developer
Churchill Real Estate provided $55 million in construction financing for Empire Group to develop the Village at San Tan, a… Read more
Phoenix-Area Flex Office Building Fetches $17.2M
Norte at Chandler, an 85,797-square-foot, multi-tenant Class A flex office building in Chandler (Phoenix), Arizona was recently sold to Unite… Read more
We’re Looking for More Top Leasing and Sales Brokers
Early response has been positive for Connect CRE’s sixth annual call for Top Broker Award nominations. However, we’re looking for as wide a cross-section… Read more
Thompson Thrift Kicks Off Construction of Glendale Commercial Development
Thompson Thrift began of construction on the 12-acre commercial portion of a mixed-use development in the Phoenix suburb of Glendale.… Read more
Boldt Healthcare Real Estate Development Secures $30M for Medical Office Building in Madison
Boldt Healthcare Real Estate Development has secured $30 million to construct a four-story, 99,000-square-foot medical office building development in Madison,… Read more
Phase I of 7 Million SF Phoenix Business Park Underway
LPC Desert West and Harvard Investments have broken ground on Phase I of Goodyear AirPark, located on 565 acres adjacent… Read more