Phoenix
Phoenix Apartment Complex Sells Across From Soon-To-Be Renovated Mall
The Azura Apartments, soon to be called Portola North Phoenix, is a 387-unit development across from the shuttered Metrocenter Mall.… Read more
Three-Building Logistics Portfolio Acquired by CBRE Investment Fund
The buildings are a combined 230,385 square feet, all in the South Airport submarket. That puts them close to the… Read more
Indianapolis-Based Thompson Thrift Buys 68 Acres For Phoenix-Area Industrial Project
Although they are based in Indianapolis, Thompson Thrift is no stranger to the desert southwest. It’s closed deals in Tucson… Read more
Connect Media Bolsters Editorial Team with New Hires
Connect Media, a commercial real estate news, events and creative services agency, has made new additions to its editorial team.… Read more
Senior Housing Project Changes Hands in Phoenix
The 15.3 acre Park Terrace Senior Living was purchased by the duo of Link Senior Development and The Roxborough Group.… Read more
Fairmont Hotel to Anchor Downtown Phoenix Project
The 25-story Fairmont Phoenix will be the showpiece of a mixed-use development in downtown Phoenix. It will feature 225 guest… Read more
A Turning Point in the Housing Market?
Very, very, very slight signs are signaling potential change in the single-family housing market. Specifically, Realtor.com’s prediction is that May… Read more
Phoenix-Area Deer Valley Medical Center Sells for $20 Million
The five-story Optum Center was sold to Cleveland-based Woodside Health Development for $244 a square foot. Talia Jevan Properties of… Read more
It’s Time to Submit Your Nominations for 2022 Top Mortgage Brokers & Lenders
Connect Commercial Real Estate’s second annual Top Mortgage Brokers & Lenders awards program has seen a strong industry response to… Read more
CRG Raises $450M in Equity Toward New Projects
CRG, the development arm of Chicago-based Clayco, has completed fundraising for a $300-million equity fund that will invest in its… Read more
Largest Complex Made of Shipping Containers Opens in June 2022 in Phoenix
The IDA on McKinley is a six-story, 19 unit apartment made up entirely of shipping containers. Local Studio’s Brian Stark… Read more
LG Building $1.4 Billion Battery Plant Outside Phoenix
Queen Creek Arizona will be the site of the South Korean company’s next battery plant. The town gave the project… Read more
Classic Phoenix Apartment Sells for $51.3 Million
The buyer of the Madison Grove, Brass Enterprises, paid $300,000 a unit for the 1976-era project. IPA’s Steve Gebing represented… Read more
Two Build-To-Rent Projects Coming to Metro Phoenix
Blue Vista Capital is hoping to develop two subdivisions with over 300 homes west of Phoenix. The $102 million in… Read more
Fundamental Income Acquires Restaurant-Nightclub Tao Chicago
Fundamental Income, a Phoenix-based net lease real estate platform, has acquired Tao Chicago, a 34,000-square-foot restaurant and nightclub leased to… Read more
Inland Empire Has Lowest Industrial Vacancy Rate in U.S.
Bullish demand-supply fundamentals continue for the Nation’s industrial markets, despite the volatile economy according to a new report from Commercial… Read more
Mesa, Arizona Apartment Homes Sell For $319,444 a Unit
Rise48 Equity used a combination of debt and equity to buy the $92 million multifamily community. Northmarq Phoenix’s Debt and… Read more
BPG Debuts $2.5M Courtyard at City Square
Los Angeles-based Barker Pacific Group (BPG) has announced the completion of City Square Plaza, a new Gensler-designed gathering spot in… Read more
Phoenix Condo Complex Sells for $8.2 Million
SVN Desert Commercial Advisor’s Danny Lee was no newcomer to the Graybriar Condominiums. He sold his first condominium at the… Read more