Scottsdale
Extended Stay Scottsdale Hotel Trades for Residential Conversion
Scottsdale-based investment firm Sterling Real Estate Partners recently acquired Suites on Scottsdale in an off-market transaction with plans to convert… Read more
Belgravia Sets Sights on Scottsdale for First Project Outside Chicago
Chicago-based Belgravia Group, Ltd. has selected Arizona for its first development outside Chicago. The 70-year-old firm will build Portico – North Scottsdale, a 112-unit… Read more
High Street/PGIM JV Launches Resi Portion of North Scottsdale MXU
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company (TCC), and joint venture partner PGIM Real Estate have… Read more
BKM Logs 25th Acquisition in Phoenix Metro
Newport Beach-based BKM Capital Partners recently acquired Scottsdale Commerce Center, a four-building multi-tenant light industrial business park totaling 85,362 square… Read more
Offices at Chandler Viridian is Macquarie’s Second Phoenix Buy in Four Months
Macquarie Asset Management completed the purchase of the Offices at Chandler Viridian, a newly built six-story class-A office building in… Read more
Kierland Logs Office Leasing Success with Nine Deals in 24 Months
Kierland Corporate Center I, a four-story office building totaling 109,811 square feet in north Scottsdale, recently sold for $37.75 million… Read more
Elite North Scottsdale Locks in $86M Acquisition Financing
Financing was recently secured for Elite North Scottsdale, a 360-unit garden-style multifamily property in Scottsdale. The 10-year Freddie Mac loan… Read more
Fountain Villas and Los Porticos Sell for 18.83% Above Median Price PSF
There have only been eight transactions in the Scottsdale market in the last 12 months, but that number is inching… Read more
Harbor Group Capitalizes on Phoenix’s Job Surge with Avia McCormick Ranch
Harbor Group International LLC (HCI) recently disposed of Avia McCormick Ranch, a 329-unit garden-style apartment community in Scottsdale, AZ, for… 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
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
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
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
Metro Phoenix Shows No Signs of Slowing Down
Companies across the country are packing up and moving to Arizona. With its skilled talent pipeline, affordable cost of living… Read more
Financing Makes Gainey Ranch Sale Come Together
Financing of $29 million was recently provided for Gainey Ranch Corporate Center II, a class-A office property totaling 203,642 square… 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
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
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