Surprise
BWE Arranges Construction Loan for Phoenix-Area Industrial Project
BWE has secured a $29 million first mortgage construction loan for Echo Park @ P132, a four-building, 183,000-square-foot industrial property… Read more
44-Court Pickleball Center Slated for Scottsdale
Pickleball enthusiasts say getting a court is never easy. The future owners of a proposed venue plan on doing something… Read more
Surprise Mixed-Use Project Developer Reveals Tenants
SimonCRE is helming a 70,000-square-foot mixed-use center in Surprise. The project will be known as Elm Street at Surprise City… Read more
Hospital, Multifamily Project Slated for W. Valley
The Surprise City Council approved a zoning change to the Asante Trails development plan that allows for a hospital and… Read more
Two Phoenix-Area Properties Included in $124.5M Portfolio Refi
KeyBank Real Estate Capital secured $124.5 million in life company loans for the Wasatch Group to refinance four properties throughout… Read more
JV Developing $35M Surprise Mixed-Use Project
SimonCRE and Carefree Partners are working on a joint venture that they hope will add 70,000 square feet of restaurants… Read more
Gantry Secures $53M Loan for Phoenix-Area Shopping Center Investor
Gantry has secured a $53.4 million permanent loan to retire construction debt for the first phase of a multi-phase retail… Read more
Rockefeller Group Acquires Land for N. Phoenix Distribution Center
The $40 billion Taiwan Semiconductor Manufacturing (TSMC) plant in North Phoenix is turning into an economic development driver. Rockefeller Group… Read more
RED/Globe to JV on 150-Acre Goodyear Mixed-Use Project
RED is no stranger to major downtown development and revitalization projects: CityScape in Phoenix, PV in Paradise Valley, and Prasada… Read more
BNSF Gets First OK in Road to Huge Phoenix-Area Logistics Center
The NW Phoenix suburb of Surprise Arizona will likely be the spot for a 4,000 acre intermodal freight and logistics… Read more
Panattoni Pays $8.5M for Phoenix Industrial Site
A real estate fund advised by Irvine, CA-based Panattoni has broken into the Phoenix, AZ market with the $8.5 million… Read more
Phoenix Retail Occupancy at 40 Year High
It appears that the Covid hangover is over, at least in the Phoenix metro area. Velocity Retail Group’s recent survey… Read more
Semiconductor Supplier Rinchem Building Plant in Phoenix Suburb
Rinchem chose the site because of its proximity to the Taiwan Semiconductor $12 billion manufacturing plant in north Phoenix. It… Read more
Phoenix-Area Development Moving to Phase II
Scottsdale-based SimonCRE is planning a major expansion of its Prasada development with approximately 350,000 square feet of additional retail and… Read more
Avanti Residential Unloads Phoenix-Area Multifamily Community
The Villas at Mountain Vista Ranch is a 256-unit, value-add apartment complex in the Phoenix suburb of Surprise. Avanti Residential… Read more
Dallas-Based Mohr Capital to Develop Phoenix-Area Business Park
Mohr bought 46 acres in the Phoenix suburb of Surprise to build over a million square feet of industrial space.… Read more
West Valley Development Brings Safeway, More Retail Options
The West Valley in Phoenix is in need of some additional retail space and options for consumers. To that end,… Read more
No Surprise That Cactus 303 Will Create Hundreds of Jobs
Baker Development Corporation (BDC) recently acquired an 81-acre parcel for the development of a $150 million industrial park. Named Cactus… Read more
Three Phoenix-Area Properties Appeal to Out-of-State Investor
Three Phoenix-area properties recently sold to an out-of-state investor. Taylor Street Advisors’ Brian Tranetzki and Anton Laakso negotiated the transactions… Read more