Yuma
Global Net Lease to Acquire Modiv Industrial in All-Stock $535M Deal
Global Net Lease, Inc. (GNL) and Modiv Industrial, Inc, announced on Monday a definitive merger agreement under which GNL will… Read more
Everhome Suites Expands National Footprint with Openings, Groundbreakings
Everhome Suites, the midscale extended stay brand from Choice Hotels International, Inc., continues to grow its nationwide footprint with the… Read more
JLL, HJ Sims Obtain Financing for Two Arizona Sr. Housing Facilities
JLL and HJ Sims have arranged $239.68 million in tax-exempt and taxable bond financing for the Integrated Senior Foundation—Ativo Portfolio,… Read more
Conn’s, BigLots Shuttering Arizona Stores
Conn’s HomePlus has filed for bankruptcy and is closing 71 of 170 Conn’s HomePlus stores. The Texas-based company filed for Chapter… Read more
El Cajon Mobile Home Park Sells to Local Investor
Marcus & Millichap closed the sale of Shady Lane Mobile Home & RV Park, a 100% occupied, 41-site manufactured homes… Read more
Three-Way JV Funds Goodyear Industrial Park Refi
Phoenix-based Baker Development Corporation (BDC), and New York’s Foundation Capital Partners (FCP), along with joint venture partner GTIS Partners, have secured a… Read more
Yuma County to be Home to $200M EV Material Processing Plant
Yuma County has permitted a production facility that will produce cobalt sulfate for EV batteries, a material crucial for America’s… Read more
Tucson-Based Developer HSL Building Marana BTR Community
HSL Properties has paid $25,000 a lot for an entitled 50 acre parcel in Marana, Arizona, just outside Tucson. The… Read more
Element Buys Its Fourth Tucson Multifamily Property
Tucson continues to be a very busy marketplace when it comes to buying multifamily communities. With rents rising faster than… Read more
Yuma Distribution Center Trades to FD Stonewater
CBRE closed the sale of the 222,554 square-foot Alside Distribution Center in Yuma, AZ to FD Stonewater, an Arlington, VA-based… Read more