Scottsdale
Southwest Value Partners Acquires 613-Room Hospitality Portfolio
Southwest Value Partners completed the acquisition of two hotel properties in Scottsdale, AZ. The San Diego buyer has ownership rights… Read more
Goettl Air Conditioning Buys Land for HQ and “School”
Eighty-year-old Goettl Air Conditioning & Plumbing acquired six acres at 8701 E. McDowell Rd. in Scottsdale, AZ, paying approximately $5… Read more
Palmer Development Launches Construction on the 234K-SF MXU Edge
Palmer Development Group of Scottsdale, AZ and New York-based Dominion Management Co. broke ground on The Edge, a mixed-use project… Read more
Glacier House Sells 289-Key AZ Portfolio, Collects $80M
Glacier House Hotels sold a three-property, 289-room Arizona hotel portfolio to different buyers, walking away from the deals with a… Read more
Chinese Investor Pays $14M for Arizona’s Largest Tesla Facility
Chinese investor Sunrise 8300 Investment LLC acquired Arizona’s largest Tesla facility. The 41,000-square-foot property at 8300 E. Raintree Dr. in… Read more
Completion Nears on First Cabana Affordable Apartments
Greenlight Communities is nearing completion on the first of a series of affordable complexes in the Phoenix area, which will… Read more
Developers Unveil Multibillion-Dollar Akimel 7
CamCo Commercial Inc. is teaming with the Solanna Group LLC to form Akimel 7 Productions. The joint venture’s purpose is… Read more
Kidder Mathews Acquires Wessex Service Co.
Kidder Mathews acquired the assets of Wessex Service Co., a property management firm headquartered in Scottsdale, AZ. The acquisition is… Read more
$96M Sale of Alta Drinkwater Shatters Another Phoenix-Area Record
Starwood Income Real Estate Trust bought the 277-unit Alta Drinkwater apartment complex in Scottdale, AZ’s Old Town area. The sellers,… Read more
Vedura Unveils Plans for Elevation at the Village in Gilbert, AZ
Vedura Residential announced plans to develop its second apartment project in Gilbert, AZ’s SanTan Village mall area. The Scottsdale, AZ… Read more
Women in Real Estate 2019: Tara Hovey Empowers Optima to Adapt to the Marketplace
Since assuming her role as president and COO of Glencoe, IL-based Optima, Inc. in 2015, Tara Hovey has led the… Read more
Hanson Equity Acquires Acreage for Future Legacy at McKinney
Hanson Equity Partners closed on the acquisition of 13.2 acres in the far north Dallas suburb of McKinney, TX. The… Read more
Velocis Pays $52M for 175K-SF Kierland One in Scottsdale
Velocis LLC shook hands with Hines and partner Pacific Coast Capital Partners LLC (PCCP) to acquire Kierland One, a 175,441-square-foot… Read more
High Street Residential Teams with Principal on Gramercy Scottsdale
Trammell Crow Co. subsidiary High Street Residential joined forces with Principal Real Estate Investors to build Gramercy Scottsdale, a 160-unit… Read more
Cali Buyer Strikes $110M Deal for Biscayne Bay in Arizona
MG Properties Group acquired Biscayne Bay, a 512-unit apartment complex in Chandler, AZ. The San Diego buyer paid $110.3 million… Read more
Fifty Mission Capital Buys Forefront’s 950-Unit Portfolio
Fifty Mission Capital LLC reached an agreement-in-principal to acquire outstanding capital interests of Forefront Capital Master LLC. The latter is… Read more
Cross Campus Debuts Facility in Former Death Row Records HQ in Beverly Hills
Cross Campus opened a 30,000-square-foot co-working location in a three-story building at 8200 Wilshire Blvd. in Beverly Hills. Cross Campus… Read more
Rockwell Property Makes Second Phx Buy, Nabs 192 Units in Citi on Camelback
Rockwell Property Co. made its second buy in four months in the Phoenix area, acquiring 192 units from City on… Read more
BH Properties Expands Arizona Footprint, Invests $55M
BH Properties of Los Angeles targeted investments further east — in Arizona — spending a total of $55.3 million for… Read more