Tempe
MCC Buys 188K-SF Tempe Office Complex
Maricopa Community Colleges has purchased a 188,960 square foot office complex at 8530-8550 S. Priest Drive in Tempe for $27… Read more
Tempe Auction Winner Picks Up 196-Unit Property at Discount
Next Wave Investors acquired The Avi, a 196-unit multifamily community in Tempe, at auction for $40 million. The seller, Tides… Read more
Ryan Building 175K-SF Addition to Friendship Village Tempe
Construction is underway on the third phase of a master planned renovation on the 50-acre campus of Friendship Village Tempe.… Read more
Lincoln Converting Phoenix Airport Office Park to Industrial Use
Lincoln Property Co. is turning an office park into an industrial campus. The city of Tempe has approved a plan… Read more
ASU Investing $100M in Arena Upgrade
Arizona State University is embarking on a multi-year, multiphase renovation of Desert Financial Arena, home of the Sun Devils’ men’s… Read more
Core Spaces, Wexford Building 818-Unit ASU Student Housing Venture
Core Spaces, in partnership with Wexford Developments, broke ground on Hub on Campus Tempe. This 30-story mixed-use development will bring… 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
Claire’s Closing 5 Phoenix-Area Stores
Claire’s, a mall boutique chain favored by tweens, teens, and young women, is set to close more than 290 stores nationwide as… Read more
Widewaters Purchases 188K-SF Tempe Office Complex
Transwestern Real Estate Services brokered the $20.5 million sale of 8530-8550 S. Priest Drive in Tempe, Arizona, a property consisting… Read more
Former Avnet Office Property Acquired by Phoenix Investor
Arizona investor David McHenry acquired the two-story Tempe office property at 8700 S. Price Road in Tempe for $7.26 million. The 132,000-square-foot… Read more
Target Sells Off 188K-SF Tempe Offices
Target employees vacated their Tempe offices over five years ago, a common response to issues related to the pandemic. The… Read more
Southwest Value Partners Spends $296M on 7 Phoenix-Area Office Properties
Southwest Value Partners (SVP) acquired seven top-flight office properties in Phoenix, Scottsdale, Tempe and Chandler. City Office REIT was the… Read more
Kennedy Wilson Fund Pays $166M for Two SW USA Apartment Communities
A real estate fund managed by Kennedy Wilson has acquired, in separate transactions, Tides on Commerce – a 336-unit apartment… Read more
High-Tech Sam’s Club to Open in Tempe Marketplace
Tempe Marketplace added new retailers to its shopping and entertainment district. The new lineup includes Sam’s Club and Carhartt, which occupy… Read more
Vestar Snags Superstition Gateway Property Management Deal
Superstition Gateway in Mesa, Arizona, has a new property team. Vestar has been awarded the property management role, while retail… Read more
Holualoa Debuts Tempe Apartments
Construction is complete on a transit-oriented housing community in Tempe. Dwell @ 5th and Farmer is a 129-unit project integrated… Read more
Cantor Fitzgerald, Silverstein Close Opportunity Zone Fund with More Than $470M
Cantor Fitzgerald, L.P. and Silverstein Properties, Inc. said Monday they had closed on Cantor Silverstein Opportunity Zone Trust II, Inc. with… Read more
Two Mesa Hotel Properties Acquired by HSL
HSL Properties acquired an Arizona hotel portfolio comprising a 180-room Sheraton and 129-room Courtyard by Marriott hotels in Mesa for… Read more