Tempe
George Oliver, Ascentris Pay $42.2M for Scottsdale Office Building
George Oliver and Ascentris acquired a 165,000-square-foot office building at 7272 E. Indian School Rd. in Old Town Scottsdale for $42.2 million.… Read more
High Street, PGIM Unload Tempe Apartments for $341K/Unit
A partnership made up of Trammell Crow subsidiary, High Street Residential (HSR), and PGIM Real Estate has sold Smith &… Read more
Tempe Considering 2,391-Bed ASU Student Housing Venture
Up Campus Properties is proposing a 950-unit student housing project at Rural Road between Apache Blvd. and University Drive in… Read more
Lincoln to Convert Phoenix Offices to Industrial
Lincoln Property Company (Lincoln) acquired an infill office project in Tempe, and will redevelop the site into Sky Harbor Logistics, a… Read more
722-Unit Tempe Towers Top Out
Cantor Fitzgerald and Silverstein Properties topped out Shorehaven, a mixed-use development on the south bank of Tempe Town Lake in Arizona. Built across… Read more
Fiesta Mall Repositioning Taking Shape
Mesa’s Planning and Zoning Board recommended approval to rezone roughly 80 acres that were once home to Fiesta Mall. Verde Investments… Read more
Warehouses Replacing Onetime Surf Park
While new surf parks keep popping up in Phoenix, one that closed down is having a rebound of sorts. The… Read more
Ripe Development Parcel Hits Market in Tempe
Property suitable for apartments and commercial space has hit the market in Tempe. Greenstone Partners and ORION Investment Real Estate… Read more
HonorHealth Taking Over Arizona Steward Health Care Facilities
Earlier this year, Steward Health Care faced some financial hurdles and declared bankruptcy, leading to their facilities being up for… Read more
Packaging Giant Chooses Casa Grande Plant Location
Wisconsin-based Green Bay Packaging plans to develop a new building on 80 acres it bought in Arizona. The site, located south… Read more
Aircraft Supplier Spends $27.5M on Tempe Warehouse
Aircraft supplier Setna iO/Setnix has acquired a 112,300-square-foot industrial property at 1345 S. 52nd St. in Tempe for $27.5 million.… Read more
769-Bed Student Housing Project Slated for ASU
Subtext will start construction at 1011 E Orange Street in Tempe, for the development of VERVE Tempe, a 15-story student… Read more
Nation’s First Moxy Could Become Student Housing
Tempe’s planning agency will consider a proposal that would allow investors to convert the Moxy Phoenix Tempe/ASU into student housing.… Read more
Tempe Town Lake’s $1.8B South Pier Project Underway
Construction has launched on Lot 6, known as Shorehaven, the first phase of the $1.8 billion mixed-use South Pier master-planned… Read more
George Oliver Buys Scottsdale Office Building
Phoenix-based developer George Oliver and joint venture partner Ascentris announced the $26.05 million acquisition of a 162,227-square-foot office building in the heart of Old… Read more
199 ASU-Area Apartments Ready for Tenants
A joint venture among three investment groups has delivered Vero, a 199-unit rental community in Tempe. Transwestern Development Co., Globe… Read more
Distinctive Tempe Office Sells for $56.2M
The Beam on Farmer, a five-story, 184,000-square-foot office building with a unique primary structure, has traded for $56.2 million. The… Read more
LV Collective Starts Work on 829-Bed ASU Student Housing Project
LV Collective, Kayne Anderson Real Estate, and Pacific Life have closed on a student-oriented multifamily development in Tempe. Located at… Read more
Fundrise Obtains $125M Refi on 4 SW Warehouse Assets
Fundrise has obtained $125 million in financing a four-property industrial portfolio, with two of the properties located in the Phoenix… Read more