Phoenix
Avondale, AZ Retail Center Trades for $14 Million
Coldwater Plaza, an 80,600 square foot retail center, sold for $174 a square foot. The property was...Read more
ABI Brokers 240-unit Apartment Sale Near Phoenix
The 240-unit community sold for $75 million, or $312,500 per unit. The Sanctuary on Broadway, in Te...Read more
Phoenix Area Infill Site to Be a Multifamily Community
Berkadia arranged the sale of the 20 acre site at the corner of SW Tomahawk Road and Broadway in Ap...Read more
Phoenix #2 for Industrial Development Growth
A recent report from CommercialSearch points to Phoenix as the number two ranking city for industri...Read more
Another Million Square Foot Project May be Coming to Downtown Phoenix
A preliminary development plan was filed with the City of Phoenix that would include a 29-story res...Read more
Paradise Village Office Park Sells to New York Group
The five-story office building has 268,516 square feet of space. It's currently 72% leased up. ...Read more
Scottsdale Multifamily Asset Sells for Record-Breaking $260 million
The 369-unit Moderne sold for a price that equates to $704,607 a unit. The transaction is the large...Read more
Vestar to Build 500,000 Square Foot Retail Center West of Phoenix
The shopping center is going in at Verrado, an 8,800 acre master planned community in Buckeye, Ariz...Read more
New Phoenix Multifamily Project Secures $45 Million Refi
NewPoint Real Estate Capital provided the 10-year Fannie Mae loan to refinance a build-to-rent 200-...Read more
JLL Arranges $372 Million Refinancing for 10 Southwest Properties
The properties, in Texas and Arizona, amount to 2,549 units. JLL worked on behalf of the borrower, ...Read more
Scottsdale Arizona Multifamily Community Sells for Over $600,000 a Unit
The 240-unit property, known as Liv North Scottsdale, sold for $145 million. Steve Gebing, with Ins...Read more
VAI Resort to Build Arizona’s Biggest Hotel
With the mission of bringing a water oasis to the desert, VAI Resort will feature 1,200 hotel rooms...Read more
Phoenix Adds to Nation’s Highest Multifamily Sales Volume
Transwestern Development Company (TDC) sold its 209-unit Lydian complex for $66 million. Knightvest...Read more
Lincoln Property Buys 140 Acres Near Luke Air Force Base
Lincoln's southwest division, LPC Desert West (LPC), completed the $53 million deal in Glendale, Ar...Read more
Phoenix’s Metrocenter Mall Begins Planning Rehab
The mall, built in 1973, was one of Phoenix's first. But the effects of the Covid pandemic was more...Read more
Decron Properties Acquires Another Phoenix Multifamily Community
It's now eight and counting. Decron added the Tamarron Apartments to its lengthy list of Phoenix ho...Read more
Entire 450,000 Square Foot Goodyear Industrial Site Leased to NPSG Global
Goodyear, about 30 miles west of Phoenix, has seen explosive growth of late in all real estate sect...Read more
IPA’s David-Gebing Team Closes $202M Portfolio Deal in Phoenix, Albuquerque
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the $201.75-m...Read more
West Phoenix Apartments Trade from One AZ Owner to Another
ABI Multifamily arranged the sale of Sandpainter Apartments, a 116-unit multifamily apartment commu...Read more