Phoenix
Phoenix NFL Team Begins Work on $200M Office, Training Facility
The Arizona Cardinals have started work on their 250,000-square-foot combined training facility and offices for its business operations. The $200… Read more
CRE Developers to Bid on Massive Chunk of AZ State Land
A trio of prominent commercial investors is expecting to bid on portions of a 1,600-acre swath of Arizona State Land… Read more
Gilbert Reviewing 568-Unit Apartment Complex
Plans for a new 568-unit apartment complex at Cooley Station were presented this month to the Gilbert Planning Commission. The… Read more
Fixx Developing 348 Las Vegas Housing Units for Veterans
FIXX Development is building what it calls supportive transitional housing for veterans in Las Vegas. Called Patriot Housing, the $90… Read more
Silver Creek Acquires ASU Innovation Corridor Building
Rio Yards — located at 1337 E. Rio Salado Parkway in ASU’s mixed-use district — was bought by Silver Creek Development. Wentworth… Read more
RXR, NC Investment Authority Team for Structured Equity Solutions
Real estate investment manager RXR has launched a $500-million strategic discretionary separate account with the North Carolina Investment Authority (NCIA)… Read more
Phoenix Office Market Rebounds to Pre-Pandemic Levels
The Greater Phoenix office market’s fourth quarter 2025 posted its strongest net absorption since the fourth quarter of 2019, totaling… Read more
Tempe Office Park Trades for $61.5M
Oaktree Capital Management has offloaded a Tempe office park for $61.5 million. An Andrew Cohn-led group was the buyer of… Read more
109K-SF Phoenix Corporate Center Trades Hands
A vacant Phoenix corporate center will soon transform into an industrial property. North Mountain Corporate Center, a 109,000-square-foot property at… Read more
Saks to Close Phoenix Anchor Store
Saks Fifth Avenue, the anchor tenant at Biltmore Fashion Park, is shutting its doors. The 92,000-square-foot store opened in 1995… Read more
Developer Duo Inks Refis for Phoenix-Area BTR Communities
JLL Capital Markets arranged a $33.05 million and $31.25 million refinancing of Villas Litchfield and Villas Goodyear, respectively, two newly constructed… Read more
Hyatt Studios Hotel Brand to Debut in North Phoenix
Caliber Companies is planning to build a four-story, 114-room Hyatt Studios hotel on a 2.28-acre parcel at 29th Avenue & Sonoran Desert Drive in… Read more
Sunbelt Pays $62.5M for Buckeye Land, Adds to Extensive Holdings
Sunbelt Investment Holdings (SIHI) was the winning bidder of 272 acres of Arizona State Land in Buckeye. Bidding started at… Read more
Boomtown Buckeye Adding 901 New Rental Units
The town is booming, and Buckeye shows no signs of slowing down. The population in Buckeye spiked by nearly 80%… Read more
Igneo Acquires 7 U.S. Data Centers, Plans to Expand Platform
Global infrastructure investment manager Igneo Infrastructure Partners has acquired the Vault Digital Infrastructure portfolio from a joint venture of CVC… Read more
458K-SF Phoenix Office Property Changes Hands
Newmark arranged the $32.25 million sale of Thirty 03, a 26-story, Class A multi-tenant high-rise office building located at 3003… Read more
71K-SF Tempe Office Building Picked Up by ARC
Hohokam Court, a single-story 70,800-square-foot building in Tempe, was acquired by Alignment Realty Capital (ARC) for $11.7 million. The Phoenix… Read more
Heitman Offloads Camelback Apartments After 12-Year Hold
Principal Financial acquired the 270-unit Biltmore at Camelback in Phoenix for $97.3 million. Heitman was the seller. Heitman paid $74.75… Read more
Marcus & Millichap Arranges Maverik Gas Station Sale in Missouri
Marcus & Millichap has brokered the sale of a net-leased Maverik gas station property in Springfield, Missouri, for $4.4 million.… Read more