Phoenix
Banyan/Milhaus Buy Phoenix Multifamily Project Site
Banyan Residential, along with national developer Milhaus, have acquired a 15.5-acre site in Phoenix. The team will develop a two-phased… Read more
Four Seasons Scottsdale Picked By Braemar Hotels for Record $267 Million
Braemar Hotels & Resorts has acquired the 210-room Four Seasons Resort Scottsdale at Troon North (Property) for $267.8 million ($1.28 million per key).… Read more
Westcore Lands Million SF Phoenix Industrial Campus
Westcore has acquired Central Logistics, a four-building, a one million square foot industrial campus in the Central Phoenix area in… Read more
Two Texas Metros Lead the Nation in Apartment Sales
MSCI, a provider of real estate investment tools, has made public a survey on the leading towns when it comes… Read more
Howard Hughes Going Large in West Phoenix
The area west of Phoenix is exploding. Towns like Buckeye and Goodyear have seen double-digit year-to-year growth. The Phoenix area leads… Read more
Scottsdale Apartment Fetches $547,000/Unit
Institutional Property Advisors (IPA) arranged the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. The… Read more
Casa Grande Lands Semiconductor Plating Manufacturer
Chang Chun Arizona, a leading petrochemical supplier based in Taiwan, started work on its first U.S. manufacturing facility in Casa… Read more
It’s Time to Nominate Commercial Real Estate’s Outstanding Attorneys
End-of-day on Friday is the deadline to submit nominations for Connect CRE’s third annual Lawyers in Real Estate Awards. We believe there are many strong candidates… Read more
CBRE: IE is Home of the Nation’s “Youngest” Warehouse Inventory
Continuing industrial demand and the advanced age of U.S. warehouses, 43-years on average, is spurring record construction activity, as e-commerce… Read more
Phoenix-Gateway Airport Tripling Terminal Space
Phoenix-Mesa Gateway Airport (Gateway Airport) is running out of room. Currently it has 10 gates squeezed into a 10,000 square… Read more
Blackstone Provides Tax Equity for Phoenix Affordable Housing Units
Blackstone is partnering with affordable housing developer Dominium on a 372-unit project in Phoenix. As part of this partnership, Blackstone… Read more
Northmarq Secures Construction Loan for Phoenix-Area Apartments
Thanks to a $33 million Northmarq-arranged construction loan, Crown Builders can soon get going on a 156-unit multifamily property in… Read more
Development Group to Build 15 Extended Stay Hotels in SW USA
Developer Concord Hospitality and private equity firm Whitman Peterson are partnering to build 15 Extended Stay America Premier Suites hotels.… Read more
ViaWest Moving Forward on 2 Million SF Phoenix industrial Park
ViaWest plans to commence construction on 82 acres of a 144 site it purchased in Glendale, just outside of Phoenix.… Read more
Vantage Data Centers Start Phase II of $1 Billion Phoenix-Area Expansion
Vantage Data Centers, a global provider of hyperscale data center campuses has begun the second phase of construction on its… Read more
Graycor, Metro Commercial Finish Up 1.1 Million SF Phoenix Business Park
Developer Metro Commercial Properties and builder Graycor Construction Company have delivered the final industrial buildings at Metro East Valley Commerce Center in… Read more
Phoenix Rental Communities Trade for $238 Million
Azul at Spectrum and Borrego at Spectrum, a combined 624-unit multifamily community in Gilbert, sold for a combined price of… Read more
Odyssey Property Group Adds Third Arizona Asset
Odyssey Property Group acquired Nola on 50th, a 155-unit multifamily community located in the Arcadia submarket of Phoenix, Arizona, for… Read more
Tower Capital Finances Three Arizona BTR Properties
Tower Capital arranged $185.7 million in financing for four Build-to-Rent (BTR) developments that will result in 572 units delivered in… Read more