Phoenix

Westin Tempe Goes to Auction
The owner of the Westin Tempe can't make the loan payments, and unless something changes soon, it f...Read more
Tempe Prepping for Two Rental Communities
A local planning agency has greenlighted two apartment projects near Arizona State University total...Read more
Lowe’s, Grocery-Anchored Retail Center Slated for Maricopa
Thompson Thrift Real Estate plans to move ahead on a 200,000-square-foot retail center in Maricopa...Read more
NY Developer to Bid on Massive AZ Land Offering
At the behest of New York-based Mack Real Estate Group (MREG), the Arizona State Land Department ha...Read more
Mall Owner Eyes 10-Story Camelback Office Tower
Mall owner Macerich is considering building a 140-tall office tower at one of its mall locations. T...Read more
Gilbert Rental Community Fetches $66.5M
An apartment complex in the town of Gilbert has sold for over $300,000 a unit. The newly delivered ...Read more
Phoenix Retail Sector Sets Blistering Pace
Phoenix saw a strong finish to the year with 2.3 million square feet of retail space under construc...Read more
LV Collective to Build 289-Unit Tempe Rental Community
LV Collective has been given the green light to demolish a one-time Super 8 motel near Rural Road a...Read more
Buc-ee’s Exploring First Arizona Store
Buc-ee’s is well known in Texas and some bordering states. But most Arizonans have likely never h...Read more
Surprise Site for $250M Mixed-Use Project
GTIS Partners and Clyde Capital are combining efforts on the development of a $250 million mixed-us...Read more
Bela Flor Obtains $66M Bridge Loan for 212-Unit Mesa BTR Community
CBRE has obtained a $66 million bridge loan for Bella Encanta, a 212-unit build-to-rent (BTR) commu...Read more
Banner Health Spins off Glendale Medical Building
With the benefit of a $10.1 million acquisition loan, UDLR Health acquired the Thunderbird Medical ...Read more
Two Mill Avenue Properties Flip for $22.2M
Two well-located Tempe retail properties have been sold for a total of $22.2 million. JLL represent...Read more
Glendale Office Property Picked by Woodside
Woodside, a Texas investment firm, acquired the Talavi Corporate Center for $9.3 million or $153K/f...Read more
Walton Global to Demo, Redevelop PV’s Smoke Tree Resort
The shuttered Smoke Tree Resort in Paradise Valley will be demolished to make way for an 82-room re...Read more
New Phoenix Hotel Blends in Historic Building
Anish Hotel Group decided it liked the old Fuller Paint Company building in downtown Phoenix. The b...Read more
Empire Building AZ’s Largest BTR Project
Empire Group started construction on its largest build-to-rent project in Arizona, Village at Bronc...Read more
Phoenix Tops Nation in Manufacturing Plant Growth
Phoenix expects at least 14 major manufacturing facilities in the coming years, most in the country...Read more
Desert Diamond Planning $40M Overhaul
The Glendale entertainment venue is coming off a record year and wants to ensure it stays on top of...Read more