Phoenix
Mountainside Fitness/Vestar Join Forces on Third Phoenix Location
Mountainside Fitness plans to open its biggest Arizona fitness center to date. The Scottsdale-based...Read more
Scottsdale DoubleTree Resort Sells for $115M
The Phoenix Business Journal reports Southwest Value Partners (SVP) sold the property, The DoubleTr...Read more
Holualoa Converting Office to 114 Phoenix Apartments
Holualoa Companies will redevelop part of an office site it owns at 21st Street and Highland Aven...Read more
Mesa Site for 90-Unit Modular Apartment Community
The new project will be called ZenCity. Developers will invest about $30 million into the new 90-un...Read more
PCCP Secures $53M Refi Loan for Glendale Apartments
PCCP has provided a $53 million bridge loan to P.B. Bell for the refinance of Hangar at Thunderbird...Read more
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