Tempe
Lincoln Property Divests Tempe DoorDash-Leased Asset for $188M
Lincoln Property Company (LPC) sold Grand2, a 358,000-square-foot Class AA office building in Tempe to Apex Capital Investments Corporation for… Read more
Cohen Divests Metro PHX Portfolio for $45M
Los Angeles-based Cohen Asset Management sold a Class A industrial portfolio totaling 292,185 square feet in the Phoenix area to… Read more
TPG Real Estate Claims Tempe MF from Preferred for $58M
An entity affiliated with San Francisco-based TPG Real Estate acquired Regents on University in Tempe from Atlanta-based Preferred Apartment Communities… Read more
Women in Real Estate 2020: Katerra’s Michelle Schwartz Helps Shape the Arizona Landscape
Michelle Schwartz is a Director with Katerra in Scottsdale. She brings a demonstrated history in the commercial architecture, construction and… Read more
Kennedy Wilson Completes $200M of MF Acquisitions in Arizona, Colorado
Beverly Hills, CA-based Kennedy Wilson and various investment vehicles managed by the firm acquired a trio of multifamily assets totaling… Read more
Kennedy Wilson Acquires Tempe MF for Nearly $70M
Los Angeles-based Kennedy Wilson Multifamily acquired Apache Station Apartments in Tempe for $69.75 million. Danville, CA-based Green Leaf Partners sold… Read more
Kidder Mathews Handles Tempe Office Center Deal
Tempe Office Center, a two-building, 24,381-square-foot business park located at 950 W. Southern Ave. and 3225 S. Hardy Dr. in… Read more
Western Wealth Cuts $117.5M Deal with Bridge for Tempe MF
Canadian investor Western Wealth Capital acquired Onnix Apartments, a 659-unit multifamily property in Tempe for $117,500,000. The seller was Salt… Read more
Cortland Claims Tempe’s MetroPointe Apartments for Nearly $100M
MetroPointe Apartments, a 415-unit multifamily property in Tempe, sold for $96.75 million. The buyer was Atlanta-based Cortland while the seller… Read more
FCP Executes Second PHX Buy with $77M Mill Ave. Deal
Chevy Chase, MD-based FCP acquired Solara at Mill Avenue, a 515-unit apartment community in Tempe, through a joint venture with… Read more
PAC to Sell Student Housing Portfolio to TPG for $479M
Atlanta-based Preferred Apartment Communities has announced that it has entered into an agreement to sell its student housing portfolio to… Read more
Circle K Re-Ups Nearly 250K-SF Deal in Tolleson
Circle K convenience stores renewed a nearly 250,000-square-foot lease with Cohen Asset Management at a Metro Phoenix industrial building. The… Read more
Arizona Custom Blends Acquires NSF-Certified Facility in Tempe
ACB Properties, LLC acquired a 141,000-square-foot industrial distribution and warehouse facility in Tempe. JLL Capital Markets closed the $7.75 million… Read more
Lincoln Earns Back-to-Back NAIOP Arizona Owner/Developer of Year Honors
The Desert West region of Lincoln Property Company (LPC) was named NAIOP Arizona’s Owner/Developer of the Year for the second… Read more
Dick’s Sporting Goods Takes Over Dillard’s Space in Midland
Dick’s Sporting Goods is marking the grand opening of its newest location, at Simon Properties’ Midland Park Mall in Midland.… Read more
Michael Strittmatter Promoted to SVP at CBRE in Phoenix
CBRE promoted Michael Strittmatter to Senior Vice President with the firm’s Advisory & Transaction Services group in Phoenix. Strittmatter joined… Read more
Amazon Claims 95K SF at Cousins’ 100 Mill Development in Downtown Tempe
Cousins Properties signed a roughly 95,000-square-foot lease with Amazon at 100 Mill, a 287,000-square-foot office development in downtown Tempe. The… Read more
2020 Next Generation Honoree: CBRE’s Michael Strittmatter Trades Capitol Hill For High-Profile CRE Assignments
Michael Strittmatter is first VP with CBRE Advisory & Transaction Services in Phoenix. The former legislative assistant and correspondent to… Read more
Amazon Plans to Add 11 New Sites Across Metro Phoenix
Seattle-based Amazon plans to add 11 new sites across the Phoenix metro area that are expected to be open by… Read more