Phoenix
Four BTR Developments, Two States Add Up to $108M in Financing
Tower Capital arranged nearly $108 million in combined financing for four single-family build-to-rent (BTR) developments in two states. The larger… Read more
Erin Spears Rejoins Fifield Companies as President
Chicago-based Fifield Companies has hired Erin Spears as president of the national development firm, which is expanding its presence in major Southeast and Southwest markets.… Read more
Jack in the Box Awards 16 Franchise Agreements YTD
Jack in the Box Inc. recently awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal… Read more
We’re Looking for More of Real Estate’s Most Influential Women
Nominations for Connect CRE’s 2021 Women in Real Estate Awards have been open since the beginning of this month, and while industry response to date has been heartening,… Read more
GO Industrial Goes for Salt Lake City in a Big Way
Salt Lake City’s California Avenue submarket absorbed almost 1.3 million square feet of industrial space during first quarter 2021, the… Read more
American Realty Seizes on Goodyear Logistics Center’s Prime Location
American Realty Advisors (ARA) recently acquired Goodyear Logistics Center, a class-A industrial asset located in Goodyear, AZ. The 901,700-square-foot manufacturing/logistics… Read more
KKR Reaches $2.2B Deal for Sale of Infill and Light Industrial Portfolio
KKR said Tuesday it had agreed to sell a 14.5-million-square-foot infill and light industrial portfolio to Oxford Properties Group for approximately $2.2… Read more
U.S. Apartment Market Heads for Record Deal Volume in 2021
U.S. multifamily investment sales volume roared back to its usual self in the second quarter, Newmark reported. The 238.1% year-over-year surge… Read more
Off-Market Deal Puts Dansons in the Central Scottsdale Submarket
A vacant corporate headquarters facility in Scottsdale recently sold to Dansons for $39 million in an off-market transaction. Located in… Read more
CASA Sale Sets a New Value Record for the Piestewa Peak Submarket
Macquarie Asset Management on behalf of a U.S. real estate mandate, recently acquired CASA, an experiential class-A office redevelopment in… Read more
303 Crossroads to Enable Industrial Expansion in Loop 303 Market
Cresset Real Estate Partners and Clarius Partners recently closed on the land acquisition for 303 Crossroads, a 1.75 million-square-foot logistics… Read more
JLL Income Property Trust Acquires SFR Portfolio for $560M
JLL Income Property Trust recently acquired an approximately 47 percent interest in a stabilized, core and geographically diverse single-family rental… Read more
Blink Charging Co. Sets Five-Year Agreement with Greenlight Communities
Blink Charging Co. recently announced a five-year agreement with two five-year extensions with Greenlight Communities LLC, an Arizona-based residential property… Read more
DFW/Arlington Top Labor Market Rankings
ThinkWhy recently released its U.S. labor market rankings following the news from the Bureau of Labor Statistics that the U.S.… Read more
Palms Luxury Marks KB’s Sixth-Largest Multifamily Buy in Phoenix
A 306-unit class-A multifamily community, Green Leaf on Bell, was recently acquired by Southern California-based KB Development. The transaction marks… Read more
Mesa Outperforms Other Multifamily Markets
A 200-unit multifamily community, Superstition Canyon, was recently acquired by a Southern California investor for $65 million. KB Development was… Read more
Tenant Plans to Convert Space to Training and Overhaul Facility
An undisclosed aerospace manufacturing and maintenance company recently leased 72,172 square feet at two industrial spaces adjacent to the Phoenix… Read more
GO Industrial Embarks on First Phoenix Metro Development
Phoenix-based GO Industrial recently embarked on its first metro Phoenix development, purchasing 77 acres in the West Valley submarket for… Read more
Metro Phoenix Demand Stays Strong Despite Pandemic-Affected Economy
Newport Beach-based BKM Capital Partners recently completed the recapitalization of Northwest Business Center, an 11-building multi-tenant industrial business park in… Read more