Surprise
Consumer Cellular Leasing 123K-SF Phoenix Office Building
Consumer Cellular’s Phoenix contingent will be moving into the 123,340-square-foot 8501 Raintree office building in north Scottsdale. The company will… Read more
US Merchants Picks Up Rail-Ready Surprise Warehouse for $63.8M
Mohr Capital sold a recently delivered two-building industrial development in Surprise. US Merchants, a manufacturer of consumer goods and packaging,… Read more
Simon CRE Moving Ahead on Surprise Mixed-Use Venture
SimonCRE paid $3.8 million for a 10-acre site in Surprise where it’s developing a retail center anchored by a Whole… Read more
Hines Picks Up Site for 572K-SF Phoenix Industrial Project
Hines has acquired Cactus 303, a shovel-ready development site located in the West Valley of Phoenix off Loop-303, entitled for… Read more
DHS Purchases 418K-SF Surprise Warehouse
The Department of Homeland Security has purchased a 418,000-square-foot warehouse in Surprise for more than $70 million. The all-cash transaction,… Read more
Diversified Moving Ahead on Surprise Retail Center
Diversified Partners has plans for a new 16-acre mixed-use retail development located at the northeast corner of Cactus Road and… Read more
Avondale Picks Developer to Build Gateway Attractions
The city of Avondale chose Blueprints Capital and Whitten Development to build a 16-acre city-owned entertainment hub that would serve… Read more
Dominium Planning 304-Unit BTR Project in Surprise
Dominium acquired a 26-acre parcel in Surprise to build a 304-unit Build-to-Rent community called Allasso Ranch. The project will be… Read more
Hillwood Pays $44.5M for Surprise Warehouse
Hillwood Investment Properties has acquired Blue Cactus Logistics, a 258,100 square foot Class A industrial building in Surprise, AZ, in… Read more
Return to Lender: Week of April 24, 2025
Morningstar Credit this week reported that several properties have transferred to special servicing. They include the following: Read more
Home Depot Continues Maricopa County Expansion
Home Depot bought 11 acres at the Buckeye Commons shopping center for $7.7 million, adding to its explosive growth in… Read more
Surprise Retail Developer Secures $16.5M Refi
Common Bond Development Group obtained $16.5 million in senior financing for a newly constructed Safeway-anchored retail center in Surprise, Arizona.… Read more
Dominium Unveils 3 New Phoenix-Area Affordable Housing Projects
Dominium recently closed on deals to acquire land for three new housing projects, providing more than 800 units in Surprise… Read more
BNSF Moving Ahead on Massive Phoenix-Area Logistics Center
The BNSF Railway has a while to go before its massive Phoenix-area commercial real estate project is approved. But it… Read more
JLL Obtains Refi for 5 Phoenix-Area Senior Housing Properties
JLL Capital Markets arranged a $96.5 million refinancing for a five-property seniors housing portfolio consisting of 971 units located in Phoenix, Mesa,… Read more
Home Depots Slated for Phoenix Suburbs
Home Depot Inc. is moving forward with plans for new stores in Surprise and Buckeye. In June, the home improvement retailer… Read more
Arizona JV Building $32M Self-Storage Project
A group headed up by Cedar Creek Capital, Attorney Ken Pinkard, HGTV star Tareq el-Moussa and former Congressman Barry Goldwater… Read more
$125M Buckeye Retail Center Lands Final Approvals
Vestar received a final okay to move ahead with the $125 million Verrado Marketplace in Buckeye. The largest shopping center… Read more
Burger Chain to Open 22 Phoenix-Area Locations
Smalls Sliders, the mini-burger joint backed by former footballer Drew Brees, is opening up 22 franchises in Arizona. Purple Square… Read more