Phoenix
Berkadia’s Mark Forrester and Andrew Curtis on Single-Family Rental’s Continuing Strength
The U.S. single-family for-sale market may be at an inflection point given increases in mortgage rates that are likely resulting… Read more
Self Storage Specialist Breaks Ground on New Las Vegas Facility
DXD Capital is building a new three-story, 1,163-unit facility located at 9580 W. Flamingo Avenue. It’s the third development in… Read more
Phoenix Office Market, While Still Robust, Shows Signs of Fatigue
A recent Kidder Mathews survey shows that although leasing volume picked up over the last year, the office market experienced… Read more
North Phoenix High Street Announces Ownership Change, Expansion Plans
The over-600,000 square foot mixed-use project is adjacent to the Desert Mirage Marketplace and JW Marriott Desert Mirage Resort and… Read more
Minneapolis Industrial Investor Meritex Closes Fund IV After Reaching $100M Target
Minneapolis-based industrial investment firm Meritex has closed the commitment period for Meritex Industrial Fund IV with the fund achieving its… Read more
Phoenix Famed Biltmore Commerce Center Acquired by George Oliver
George Oliver has put his stamp on a number of posh Phoenix-area addresses, taking over projects such as the Arbor… Read more
Q&A with MetroGroup’s J.D. Blashaw: The Rise of MOBs & the Future of Lending Within This Asset Class
As medical office buildings (MOBs) garner more hype and media attention as “the darling” of current investment portfolios, Connect spoke… Read more
Award-Winning Office Sells in Gilbert
The Collab was sold by Creation, a Phoenix real estate investment firm. The sales price was $20.2 million, more than… Read more
110-Unit Phoenix Apartment Goes For $21 Million
The Summit on Thomas has been sold to Cowabunga LLC for $190,000 a unit. Rise48 was the seller. The property… Read more
Yelp Shuttering Offices in NYC, Chicago and DC in Move to Remote Work
Online review company Yelp will shutter its “most consistently underutilized” offices in New York, Chicago and Washington, DC and downsize… Read more
Buckeye’s Funko Distribution Center Commands $130 Million
Creation sold the 860,000-square-foot industrial building to a venture made up of Cohen Asset Management and Intercontinental Real Estate Corporation.… Read more
Phoenix’s Foothills Corporate Centre Sold, Will Take on New Look
The 110,000-square-foot office was sold by SDC Foothills and the buyer was WG Group. This is WG’s first foray into… Read more
Colorado Springs Retail Center Goes for $21.4 Million
The 155,000 square-foot Centerpointe Plaza changed hands for $138 a square foot. The shopping center was sold by Kinetic Development,… Read more
High-End Retail Center Changes Hands in Tucson
Paloma Village Center sold for $18.4 million, or $480 a square foot. Situated on 12 acres, the 38,347 square foot… Read more
CARROLL Acquires Three Sun Belt LP Deals with Collective Price Tag of $200M
Atlanta, GA-based CARROLL has acquired three limited partnership deals across NC, TX and AZ for a combined purchase price of… Read more
Phoenix Papago Plaza Taking on New Look
Pivot Development thought it was important to maintain the 60’s-era Pueblo styling in its new incarnation of the South Scottsdale… Read more
288-Unit Phoenix Multifamily Project Sells for $75.3 Million
Rise48 Equity was the buyer of The Waterfront, a circa 1980 property. Pro Residential from Los Angeles was the seller.… Read more
Newly Revamped Phoenix Medical Building Nets $9 Million
A 24,800 square foot multi-tenant medical office building traded hands in a recent deal worth $365 a square foot. The… Read more
Tower 16 Sells Phoenix Property After 30 Month Hold
The California real estate investment firm bought the Loramont on Thomas Apartments in 2019 for $11.7 million. It sold the… Read more