Phoenix
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
Long-Dormant Development Set to Get Underway in Peoria
If one drives on Highway 60 northwest out of Phoenix, through Glendale, one lands in Peoria, Ariz., where a master-planned… Read more
Industrial Property Near Sky Harbor Int’l Sells for $17M
The Valley of the Sun – and its Sky Harbor International Airport – are diverse when it comes to Phoenix-area… Read more
Well-Known in Phoenix, The Esplanade Now Part of Monarch Alternative
The Esplanade is a visually striking, premiere office campus in the Phoenix submarket of Camelback Corridor. Monarch Alternative Capital LP… Read more
CREC Closes Second Multifamily Fund at $80M
Private equity real estate investment firm CREC Real Estate has closed its second real estate fund, CREC Real Estate Fund II… Read more
CRG Adds Construction Veteran to Its SW Office
CRG is a real estate development and investment firm that has seven offices across the United States. Its Phoenix-based office… Read more
Nominate a Rising Star for the 2022 Connect Media Next Generation Awards
Do you know a young commercial real estate professional who deserves a moment in the sun? Nominate them for a… Read more
CRG Hires New VP of Development and Construction
National real estate development and investment firm CRG announces that Dan Hrankowsky has joined its residential team as vice president… Read more
West Valley Development Brings Safeway, More Retail Options
The West Valley in Phoenix is in need of some additional retail space and options for consumers. To that end,… Read more
Stos Adds to Its Phoenix-Area Industrial Assets
Stos Partners is based in Southern California, but its presence in the Phoenix Metro market is growing … again. Stos… Read more
SBREP Picks Up an Additional Multifamily Complex for $58M
SB Real Estate Partners is picking up another multifamily community near Phoenix – upping its total transaction volume to ~$200… Read more
New Bistro Coming Along Shores of Tempe’s Lake
Tempe’s “lake” is technically a fishing reservoir with residential communities nearby, but let’s not get bogged down in semantics. No… Read more
Starwood Partnership Divests 9,500-Unit MF Portfolio
Gaia Real Estate and Starwood Capital Group announced today that they have fully exited their PJ Portfolio investment. The portfolio… Read more
Phoenix Office Complex Moves Off the Market for $18.2M
In a geographic crossover of ConnectCRE coverage areas, a San Diego investor has made a significant deal in Arizona: $18.2… Read more
21 Acres Near State Farm Stadium Sold
Interest in Avondale, Ariz., real estate continues to gain momentum, given recent headlines in the trades … and here’s another… Read more