Phoenix
As EVP, Hardej Will Source Multifamily for Lincoln Ventures
Lincoln Ventures, an Austin-based student housing and multifamily developer, recently named Pawel Hardej as executive vice president of multifamily development.… Read more
Hub on Campus II to Kick Off at the Entrance to USC’s Greek Row
Square Mile Capital Management LLC recently provided construction financing for the Hub on Campus II, a to-be-built 577-bed student housing… Read more
Phoenix Continues as High Conviction Market for KKR
KKR recently acquired an approximately 226,000-square-foot class-A industrial distribution property in the Papago industrial park, located in the infill Southwest… Read more
Ivanhoé Cambridge Invests $150M With Mount Auburn Multifamily
Ivanhoé Cambridge is expanding its relationship with Mount Auburn Multifamily by investing $150 million of preferred equity directly into the… Read more
CRG’s The Cubes at Mesa Gateway Will Cater to Large Users
The Southeast Valley submarket is expected to add more than 120,000 residents by 2025. To be sure, the submarket is… Read more
OrbVest Adds Professional Center in Ocoee to $360M Portfolio
OrbVest has purchased the 38,537-square-foot West Orange Professional Center in Ocoee. The asset contains two medical office buildings and adds… Read more
Nominate a Standout Attorney for Connect CRE’s 2021 Lawyers in Real Estate Awards
Last year, Connect CRE followed up on our well-received Next Generation Awards and Women in Real Estate Awards with the… Read more
Rio2100 Provides Buyer with Long-Term Income Stream Amid Strong Tenancy
The recent sale of two 300,000-square-foot office buildings in Tempe totaling $132 million is the highest-priced and largest office transaction… Read more
Out of State Buyers Clamor for Stable Income-Producing Assets
A CBRE survey of commercial real estate investors ranked Phoenix as a top 10 target among U.S. metros. The Sun… Read more
Accolade is One of Arizona’s Top Five Largest Multifamily Sales
Accolade, a 548-unit multifamily asset in Phoenix, recently sold for $155 million or $282,847 per unit. The transaction is one… Read more
Soleil’s Price Per Unit is Third Highest in Chandler This Year
Arizona-based Del Marco Capital LLC recently acquired the Soleil Apartments, a 188-unit garden-style community in Chandler, AZ. The $335,106 price… Read more
Shorenstein Gets in on the Phoenix Craze with Fountainhead Buy
Shorenstein Properties LLC recently acquired Fountainhead Office Plaza in Tempe, AZ, centrally located within the Phoenix market along the I-10… Read more
Atlanta Ranks Third for Data Center Absorption Among North American Markets
Atlanta saw the third-most data center leasing activity in North America in the first half of 2021, according to CBRE’s latest North… Read more
Undersupplied Prescott Fits the Bill for Investors
Two luxury apartment communities in Prescott totaling 326 units recently sold for $111.6 million. Terraces, 5700 E. Market St., and… Read more
Newly Acquired 8th and Row is a Rare Downtown Townhome Rental Community
8th and Row, a newly constructed 35-unit class-A townhome community in Phoenix, is a rare downtown townhome rental community. It… Read more
Goodyear AirPark Represents One of LPC’s Best-Located Shovel-Ready Industrial Sites
In a joint venture partnership, LPC Desert West, the Southwest regional office of Lincoln Property Company (LPC), and Scottsdale-based Harvard… Read more
CapRock to Transform One of SW PHX’s Largest Remaining Infill Land Sites
CapRock Partners recently began development on CapRock West 202 Logistics, the largest speculative industrial real estate project in the history… Read more
Hyatt Place Phoenix/Downtown Will Soon Open its Doors
Set to open to guests later this month, the Hyatt Place Phoenix/Downtown is quickly nearing its public debut. The hotel… Read more
Investors Take Advantage of Phoenix’s Surging Multifamily Fundamentals
Phoenix led all U.S. metros in rent growth in second quarter 2021 with a 15.3 percent year-over-year increase, according to… Read more