Phoenix

Vestar Wants Shoppers to Stay Cool
In spite of days that often exceed 110 degrees in the summer, Phoenix has a number of outdoor malls...Read more
Olympus Pays $112M for Gilbert Rental Community
Olympus Property has purchased Aiya, a 360-unit multifamily community in Gilbert, Ariz., for $112 ...Read more
Convexity to Add to Phoenix Apartment Boom
Convexity Properties is looking to build a 24-story, 318-unit apartment building at Second and Port...Read more
Historic Phoenix Hotel Set for $80M Revamp
Located at the southwest corner of Central Avenue and Van Buren Street, the Hotel San Carlos was bu...Read more
Meal Delivery Service Provider Opens Massive Goodyear Kitchen
Ready-to-eat meals company, Factor, has opened a new 301,000 square foot fulfillment center in Good...Read more
Tempe Adding to Breathtaking Phoenix-Area Apartment Growth
In separate actions, the Tempe City Council approved a resolution for The Marshall at Tempe and an ...Read more
TMSC-Effect Causing N. Phoenix Building Boom
In Austin, Texas it's being called the Tesla-effect; a significant about of construction activity n...Read more
Phoenix-Area Town Funding Battery Makers Infrastructure Needs
LG Energy Solution has agreed to build two battery factories in the Town of Queen Creek at a cost o...Read more
Phoenix Okays 1,890 Apartment Units/More on Way
The Phoenix City Council had a busy day earlier this week, approving three separate apartment devel...Read more
Suncrest to Debut First Phoenix BTR Community
Suncrest has built 24 master-planned communities, but to date, none have been build-to-rent (BTR) p...Read more
N. Phoenix Datacenter Site Picked by Novva
The company is not 100% sure the site will be used for a datacenter, but the head of Novva Data Cen...Read more
Surprise Mixed-Use Project Developer Reveals Tenants
SimonCRE is helming a 70,000-square-foot mixed-use center in Surprise. The project will be known as...Read more
EdgeConneX Building Second Phoenix-Area Datacenter
EdgeConneX already has a location in Tempe and is now looking at Mesa for its next large datacenter...Read more
“The Ranch” Developers Score 311-Acre Parcel for $107M
They received their zoning while the land was in escrow, and now they formally have their prize. In...Read more
Phoenix BTR Community Sells for $87.85M
Berkadia represented the seller, Harvard Investments, in the sale of FirstStreet at Happy Valley, a...Read more
Berkadia Brokers, Arranges Financing for $85M Gilbert Apartment Sale
Continental Properties sold the 276-Unit Springs at Cooley Station for $85.35 million, or $309,000 ...Read more
Clayco Takes Over Building 95% Completed Phoenix Highrise
Clayco to the rescue! For reasons that are still not known, Tucson-based BFL Construction walked aw...Read more
Toll Brothers Forwarding Massive Phoenix Rental Community
Toll Brothers Apartment Living has proposed what would be one of the largest multifamily developme...Read more
Scottsdale Hotel to Receive Serious Upgrade
The hotel space made up of two buildings at 7300 N. Pima is used by Scottsdale to house the homeles...Read more