Phoenix
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
Nominate a Woman in Real Estate for Our 2021 Awards
The 2020 Women in Real Estate Awards drew the best industry response, in terms of the sheer number of nominations,… Read more
Just Like That: A 1.25M-SF Full-Building Industrial Lease
The new Phoenix industrial normal: a 1.25 million-square-foot full-building industrial lease. Mattress manufacturer, Mlily, the retail brand of Healthcare Arizona… Read more
Companies Signal Confidence in Camelback Corridor
Some 100,033 square feet in leases were inked in the Camelback Corridor in first and second quarter 2021 as office… Read more
Mattamy Extension Signals Builder’s Commitment to Phoenix
A new lease for Mattamy Homes at The Corporate at Pima Center extends the term through 2029. It also ushers… Read more
Tides Equities Plans Further Upgrades to IVilla Apartments
Tower 16 Capital Partners recently sold IVilla Garden Apartments, a 214-unit multifamily project in Phoenix, for $30 million. The property… Read more
Taurus Expands AZ Multifamily Footprint
Taurus Investment Holdings LLC recently acquired 544 Southern for $31 million, marking Taurus’ fourth acquisition in the Phoenix market within… Read more