Phoenix

NRP Reveals Update on Medina Station
The NRP Group announced the financial closing and groundbreaking of a 353-unit multifamily developm...Read more
Gilbert Retail Center Trades for $85M
Meridian Capital Group has arranged $60 million in acquisition financing for the purchase of Gilber...Read more
ViaWest, Walton Sell Tempe Warehouses for $24.5M
Speed Bay paid $24.5 million for Farmer Industrial Center, a 93,900 square foot, two-building indus...Read more
Knight-Swift Acquires 24-Acre Phoenix Truck Terminal
One of Arizona's largest businesses bought a onetime FedEx facility in Phoenix. Knight-Swift Transp...Read more
Costco Planned for N. Phoenix’s Halo Vista
Costco has committed to building in Halo Vista, the 2,300-acre site near the Taiwan Semiconductor s...Read more
Bela Flor Sells Avondale BTR Community for $430K/Unit
Bela Flor Communities sold a build-to-rent community it developed in Avondale in 2025 to LVP Partne...Read more
Phoenix NFL Team Begins Work on $200M Office, Training Facility
The Arizona Cardinals have started work on their 250,000-square-foot combined training facility an...Read more
CRE Developers to Bid on Massive Chunk of AZ State Land
A trio of prominent commercial investors is expecting to bid on portions of a 1,600-acre swath of A...Read more
Gilbert Reviewing 568-Unit Apartment Complex
Plans for a new 568-unit apartment complex at Cooley Station were presented this month to the Gilbe...Read more
Silver Creek Acquires ASU Innovation Corridor Building
Rio Yards — located at 1337 E. Rio Salado Parkway in ASU's mixed-use district — was b...Read more
Tempe Office Park Trades for $61.5M
Oaktree Capital Management has offloaded a Tempe office park for $61.5 million. An Andrew Cohn-led ...Read more
109K-SF Phoenix Corporate Center Trades Hands
A vacant Phoenix corporate center will soon transform into an industrial property. North Mountain C...Read more
Saks to Close Phoenix Anchor Store
Saks Fifth Avenue, the anchor tenant at Biltmore Fashion Park, is shutting its doors. The 92,000-sq...Read more
Developer Duo Inks Refis for Phoenix-Area BTR Communities
JLL Capital Markets arranged a $33.05 million and $31.25 million refinancing of Villas Litchfield...Read more
Hyatt Studios Hotel Brand to Debut in North Phoenix
Caliber Companies is planning to build a four-story, 114-room Hyatt Studios hotel on a 2.28-acre...Read more
Sunbelt Pays $62.5M for Buckeye Land, Adds to Extensive Holdings
Sunbelt Investment Holdings (SIHI) was the winning bidder of 272 acres of Arizona State Land in Buc...Read more
Boomtown Buckeye Adding 901 New Rental Units
The town is booming, and Buckeye shows no signs of slowing down. The population in Buckeye spiked b...Read more
458K-SF Phoenix Office Property Changes Hands
Newmark arranged the $32.25 million sale of Thirty 03, a 26-story, Class A multi-tenant high-rise o...Read more
71K-SF Tempe Office Building Picked Up by ARC
Hohokam Court, a single-story 70,800-square-foot building in Tempe, was acquired by Alignment Realt...Read more