Phoenix

Two Phoenix-Area Properties Included in $124.5M Portfolio Refi
KeyBank Real Estate Capital secured $124.5 million in life company loans for the Wasatch Group to r...Read more
Phoenix’s Central Park Puts New Focus on Residential
The much-discussed "Central Park" project was slated to have 850,000 square feet of office. But now...Read more
Keg Maker to Build 270K SF Tucson Plant
250 new workers will be employed in the new MicroStar Logistics new Keg and Pallet Quality Services...Read more
Chip Maker Delays Opening of $40B Phoenix Plant
Opportunistic Phoenix investors have been moving at lightning speed to construct factories, apartme...Read more
Phoenix Industrial Activity Continues “Frontrunner Status”
There are now almost 49 million square feet of new industrial construction underway in metro Phoeni...Read more
Phoenix Fiesta Mall Razed, to Rise Again as Mixed-Use Project
In the '80's, Fiesta Mall was a going concern. But like many malls, more and more people started sh...Read more
Iconic Arizona Center Sells for $27M
The Arizona Center, Phoenix’s original downtown entertainment destination located at 3rd Stre...Read more
Aircraft Parts Giant Ditches LA for New Phoenix HQ
After looking at half a dozen locations, Unical Aviation settled on a 600,000 square foot site near...Read more
CBRE Arranges Sale/Leaseback for Six Phoenix-Area School Buildings
Arizona has gone in big for charter schools. Two campuses under the EDUPRIZE banner recently freed ...Read more
Westcore Acquires 900K SF Glendale Business Park
A Cushman & Wakefield team arranged $73.3 million of debt, enabling Westcore to acquire a newly...Read more
“Timeless” Phoenix Apartment Complex Sells for $50M
The Phoenix Manor was built in 1961, and has retained much of the same classic aura from that time ...Read more
Churchill Arranges Refi Loans for Three Phoenix Buildings
Churchill Commercial Capital, Inc. secured a $23.25 million portfolio loan to refinance maturing li...Read more
Phoenix-Area Rental Property Flips for $140M
The Premiere Residential purchased the recently built property for just under $370,000 a unit, thei...Read more
Phoenix Multifamily Property Fetches $268K per Unit
Clarendon Park, a 138-unit multifamily community in Phoenix, sold for $37 mil, or $268k/unit. The b...Read more
100K SF Medical Office Building Headed for One Scottsdale
Ryan Companies has started work on One Scottsdale medical, a 101,000 square foot multi-tenant medic...Read more
Tower Capital, Empire Combine for Third Phoenix BTR Project
Build-to-Rent (BTR) construction shows no sign of waning in the Phoenix metro area. Tower Capital a...Read more
Scottsdale Billionaire Envisions $1B Mixed-Use Project
He's used to thinking big. George Kurtz, the founder of CrowdStrike, wants to convert a shuttered a...Read more
Scottsdale Votes In Green Building Code for Commercial Buildings
The City of Scottsdale has updated its zoning code to include a number of green building features. ...Read more
Medical, Housing, Retail Project Gets Green Light in Avondale
You can't get more "mixed-use" than a hefty commercial development recently okayed in the exploding...Read more