Scottsdale
Creation, Clarion Complete $250M Phoenix Mixed-Use Venture
Creation completed construction on Park Algodon, a $250 million industrial and mixed-use development at the northwest corner of Loop 101… Read more
Porter Kyle’s Taylor Shultz Previews Connect Phoenix Multifamily Discussion
With more than two decades shaping multifamily investments from the ground up, Taylor Shultz, a Partner at Porter Kyle, brings… Read more
Trident Capital Scores Refi for Scottsdale Retail Center
Trident Capital Partners secured a $13.25 million refinancing for the owners of Scottsdale Towne Center on Frank Lloyd Wright. Vestar… Read more
Marriott AC Hotel Brand Opens in Scottsdale
PEG Cos. opened AC Hotel Scottsdale Old Town, a six-story AC Hotels by Marriott asset at 7117 E. 3rd Ave.… Read more
Phoenix NFL Team Begins Work on $200M Office, Training Facility
The Arizona Cardinals have started work on their 250,000-square-foot combined training facility and offices for its business operations. The $200… Read more
CRE Developers to Bid on Massive Chunk of AZ State Land
A trio of prominent commercial investors is expecting to bid on portions of a 1,600-acre swath of Arizona State Land… Read more
Gilbert Reviewing 568-Unit Apartment Complex
Plans for a new 568-unit apartment complex at Cooley Station were presented this month to the Gilbert Planning Commission. The… Read more
Saks to Close Phoenix Anchor Store
Saks Fifth Avenue, the anchor tenant at Biltmore Fashion Park, is shutting its doors. The 92,000-square-foot store opened in 1995… Read more
Hyatt Studios Hotel Brand to Debut in North Phoenix
Caliber Companies is planning to build a four-story, 114-room Hyatt Studios hotel on a 2.28-acre parcel at 29th Avenue & Sonoran Desert Drive in… Read more
Investor Group Acquires 91K-SF Scottsdale MOB
A joint venture between Cypress West Partners and TPG Angelo Gordon acquired two medical outpatient facilities totaling 132,283 square feet… Read more
Empire Planning 24-Story Midtown Phoenix Apartment Tower
Empire Group of Cos. plans to break ground next month on a 24-story apartment tower near the Phoenix Art Museum.… Read more
Stockdale Taps Nuveen for $72.3M Loan for Scottsdale Apartments
Stockdale Capital Partners utilized a $72.3 million acquisition loan from Nuveen to acquire The Quincy at Kierland in Scottsdale. The… Read more
59K-SF Scottsdale MOB Purchased by Albany Road
Albany Road Real Estate Partners acquired Paradiso, a 59,400 square foot medical office property for $13.3 million. Mark IV Capital… Read more
ASU Student Housing Complex Trades for $125M
Park Place Tempe, a 285-unit student housing complex near Arizona State University, was acquired by StonePeak for $125 million. The… Read more
Recently Delivered Scottsdale Rental Property Trades for $32.75M
55 Resort Scottsdale, a recently completed 104-unit luxury adult apartment property in Scottsdale, has been sold for $32.75 million. The… Read more
Embrey Offloads Scottsdale Rental Community for $414K/Unit
Stockdale Capital Partners acquired The Quincy at Kierland for $110.3 million, or about $414,000 a unit. The 266-unit mid-rise asset… Read more
Scottsdale Office Building Trades for $70.7M
A 179,360 square-foot Class A office building in Scottsdale recently sold for $70.7 million. The Phoenix Business Journal reports that… Read more
Creation Finds Tenant Before Glendale Warehouse Construction Begins
Creation and QuarterMoore broke ground on Harbor Park, a two-building industrial complex spanning 9.69 acres in Glendale, which is already 67%… Read more
Scottsdale Apartments Trade for $555K a Unit
Institutional Property Advisors (IPA) announced the sale and financing of Scottsdale on Main, a 119-unit, luxury midrise multifamily asset in Scottsdale,… Read more