Phoenix
Cambria Hotels Continues Texas Expansion With New Hotel in Austin
Franchised by Choice Hotels International, Inc., the Cambria brand continues to expand in Texas with the new opening of the… Read more
VSV Closes on Ninth Phoenix-Area Acquisition
Vertical Street Ventures (VSV) acquired Sora on Rose Apartments in Uptown Phoenix. This marks VSV’s ninth property in the Phoenix market and 15th Property… Read more
KKR Buys Self Storage Properties in Denver and Nashville
Private equity powerhouse KKR has added to its national self-storage portfolio with the purchase of three Class A properties in… Read more
Chandler Office Duo Trades for $87M After Repositioning
JLL Capital Markets closed the $86.5-million sale of The Alexander & The Johnathan, a pair of Class A experiential office assets totaling… Read more
SKB Buys Large Distribution Center Near Glendale
It’s a version of a “turnkey” purchase: already 100 percent leased, ScanlanKemperBard (SKB) has announced a joint venture with an… Read more
Combined 50 Acres Near PHX/Mesa Airport Ready for Development
It’s not a textbook “land grab” or “mad dash” in the Southwest, but there is a dwindling amount of developable… Read more
Deadline Reminder: Nominations for Connect Media Next Generation Awards Due April 8, 2022
Time is running out to nominate commercial real estate professionals under age 35 for a 2022 Connect Media Next Generation… Read more
Hyperdata Center Being Added in Phoenix via Aligned Inc
Markets, consumers, investors, marketers – and more – all seem to want data. More and more and more data. In… Read more
Multifamily Project Financing Will Add 287 Units to Phoenix Area
Thorofare Capital has secured $69.2 million in a construction loan for a 287-unit multifamily development that will add to the… Read more
CBRE Data: Investor Interest Soaring for Real Estate
CBRE’s Insight & Research recently dropped its “U.S. Cap Rate Survey H2 2021” (CRS) and, after “reading the room” with… Read more
CP Capital, Wood Partners Aim for 400-Unit Development
A joint venture of CP Capital U.S. and Wood Partners plans to bring more than 400 units of rental housing… Read more
Stream Realty Boosts Its Office Leasing Expertise
Stream Realty Partners is adding a new, executive role as the firm sees a market demand in the office-leasing space,… Read more
North Phoenix Multifamily Community Sells for $58.1M
A 180-unit apartment community has sold in Phoenix for $58.1 million, according to a news release from Cushman & Wakefield,… Read more
Northmarq Team Delivers on $34M Sale in Tucson
Commercial real estate deals make news. But the people behind the deals? Those people who help facilitate, initiate, broker, manage… Read more
Portion of Phoenix Condo Structure Sells for $22M
A 92-unit portion of a 240-unit condominium community has sold for $22 million in Phoenix. The garden-style Phoenician Pines Condominium… Read more
Creation Equity Breaks Ground on 555,790 SF Industrial Project Near Dallas
Creation Equity, an investment and CRE developer based in Phoenix, AZ, has broken ground on Mesquite 635, a 556,000-sqare-foot industrial… Read more
Done Deal: CIM Group Closes on Camelback Corridor Towers
Four office towers and $353 million later and … CIM Group has a new deal. Finalized. (This is a follow-up… Read more
Apt. Property in North Phoenix Sells for $58M
North Phoenix (real estate) remains hot as Cushman & Wakefield advise on the sale of a 180-unit apartment complex for… Read more
Rise48 Purchases Three Multifamily Properties In/Around Phoenix
Three multifamily properties, totaling 462 units in and around Phoenix, have sold for $107 million. The buyer is Rise48 Equity,… Read more