Phoenix
Phoenix Ranks Prominently in New Housing, Industrial Development
Rapid growth in e-commerce has spurred demand for industrial product. As a result, the Phoenix MSA continues to rank near… Read more
JV Closes on Industrial Developments in PHX/DFW
CA Industrial, in a joint-venture partnership with DWS, recently closed on industrial developments in Phoenix and Dallas. The Phoenix site… Read more
Former Lockheed Martin Campus Pulls in Eight Leases in Four Months
Flite Goodyear, the former home of Lockheed Martin and Arizona’s new campus for innovation, completed eight office spec suite leases… Read more
Last Chance: Nominate a Rising Star for Our Fifth Annual Next Generation Awards
Connect Media’s fourth annual Next Generation Awards in 2020 shone a light on more than 100 of commercial real estate’s… Read more
Last-Mile Distribution Center Fetches High PSF Price
Investors are bullish on growth markets and a last-mile distribution center in Tempe is proof of that. The 145,872-square-foot facility… Read more
Data Centers Stay at the Forefront as LA Remains Critical Connectivity Point
Southern California ranks among the top 10 U.S. data center markets due to demand from the entertainment and financial industries… Read more
Can a Data Center Market Be Too Healthy?
The Phoenix data center market is almost exceedingly healthy, with demand outpacing supply, says Mark Bauer, JLL managing director. That… Read more
Calgary’s APEL Relocates to $100 Million HQ Facility
Calgary-based APEL Extrusions recently purchased 22.6 acres at the southeast corner of the new Loop 202 Freeway and Lower Buckeye… Read more
KKR Adds $68M Industrial Portfolio to Expanding List
Clearly, Phoenix is an important market for KKR as it expands in 2021 and beyond. The firm recently acquired a… Read more
BPM Nabs PetSmart’s HQ for $110M
Portland, OR-based BPM Real Estate Group just snapped up PetSmart’s corporate headquarters campus in Phoenix in a $110 million purchase.… Read more
RED Development Buys Paradise Valley Mall for $100M
Reflecting the changing dynamics in retail, Macerich sold Paradise Valley Mall, a non-core asset in Phoenix, for $100 million to… Read more
Phoenix Multifamily Stays the Course With Investors
Phoenix recorded the eighth-highest multifamily rent growth out of all U.S. metros in the fourth quarter with a 4.5 percent… Read more
Where Are Investments Thriving?
As one quarter winds down, there are signs of improvement within the commercial real estate sector in many respects. Connect… Read more
C3, Akara Living Partner on Ghost Kitchens for Serviced Apartments
C3 (Creating Culinary Communities), a food and beverage platform founded by Sam Nazarian, has formed a partnership with Chicago- and Miami-based Akara Living, founded by Rajen Shastri, to integrate… Read more
Build-to-Rent Acquisition Sets a Benchmark in that Product Space
The recent sale of Village Greens of Queen Creek establishes a new benchmark in the build-to-rent (BTR) product space in… Read more
Midtown Flats Exemplifies Strong Market Fundamentals
The Phoenix multifamily market fared better than most property types during the pandemic, with investment rebounding in the second half… Read more
EV Manufacturer Selects Mesa for Tech Center
ElectraMeccanica Vehicles Corp., a designer and manufacturer of electric vehicles, has selected Mesa for its U.S.-based assembly facility and engineering… Read more
LifeStance Heads South for Corporate Relocation
LifeStance Health recently relocated its corporate headquarters to Scottsdale from Bellevue, WA. The behavioral health care company signed a lease… Read more
Avalon Goes from 76% to 90% Leased in Four Months
Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate investments, recently sold Avalon Apartments for $23… Read more