Phoenix
New Age Plastics Recycler Reveals Start Date for Eloy Plant
The small town of Eloy, between Phoenix and Tucson, will soon be home to a $400 million plastics recycling facility.… Read more
ViaWest, Walton Sell Tempe Warehouses for $24.5M
Speed Bay paid $24.5 million for Farmer Industrial Center, a 93,900 square foot, two-building industrial park in Tempe. ViaWest Group… Read more
U.S. Home Prices Post Smallest Annual Gain Since 2011
S&P Dow Jones Indices said Tuesday that the S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 1.3%… Read more
Knight-Swift Acquires 24-Acre Phoenix Truck Terminal
One of Arizona’s largest businesses bought a onetime FedEx facility in Phoenix. Knight-Swift Transportation Holdings’ affiliate bought a distribution facility… Read more
Brentwood Apartments Trade for $825K Per Unit
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged today the sale and financing of Luxe Villas, a 60-unit… Read more
Costco Planned for N. Phoenix’s Halo Vista
Costco has committed to building in Halo Vista, the 2,300-acre site near the Taiwan Semiconductor site in North Phoenix. Developers… Read more
Bela Flor Sells Avondale BTR Community for $430K/Unit
Bela Flor Communities sold a build-to-rent community it developed in Avondale in 2025 to LVP Partners Group for $30.1 million… Read more
Pathfinder Acquires Low-Density Complex in Off-Market Deal
Newmark arranged the $31.6-million, off-market sale and $18.6-million acquisition financing for San Carlos Village, a 160-unit multifamily community located at… Read more
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