Phoenix

Elite North Scottsdale Locks in $86M Acquisition Financing
Financing was recently secured for Elite North Scottsdale, a 360-unit garden-style multifamily prop...Read more
In 10 Days, Rise48 Equity Sells and Buys Three Assets Totaling $110M
Phoenix-based Rise48 Equity, a multifamily investments group, recently announced three transactions...Read more
Deer Valley Last-Mile Logistics Building Sells for Nearly $75M
A newly developed 145,474-square-foot last-mile fulfillment/distribution facility on 34 acres in Ph...Read more
Three Industrial Spec Buildings Will Add 309K SF to Gilbert Spectrum
Quickly following its completion of Gilbert Spectrum Building 5 – built for Northrop Grumman – ...Read more
Wilmot Plaza Retail Center in Tucson Gets Recapitalized for $34M
Gantry recently secured $34 million to recapitalize the Wilmot Plaza destination retail center for ...Read more
Arcadia Crossing Sale Demonstrates Appeal of Well-Located Phoenix Assets
Arcadia Crossing, a 453,457-square-foot grocery-anchored power center located at 44th Street and Th...Read more
Cold Storage Continues to Take Center Stage in Pandemic
The pandemic, which created a massive disruption in the food industry, has buoyed ongoing demand fo...Read more
Fountain Villas and Los Porticos Sell for 18.83% Above Median Price PSF
There have only been eight transactions in the Scottsdale market in the last 12 months, but that nu...Read more
With Lack of Cold Storage Options, Facility Fills Large Void in Phoenix
Bay Logistics recently leased 76,189 square feet at Central Logistics Cold Storage Center in Phoeni...Read more
SCD Norterra Has Long-Term Bullish View on Phoenix
A suburban office building in north Phoenix totaling 144,800 square feet known as Norterra West Two...Read more
Taurus Aims to Transition Westover Parc to Energy-Efficient Complex
Taurus Investment Holdings LLC recently acquired Westover Parc, a 2002-vintage 160-unit class-A apa...Read more
ConAm Group Sheds Avery on the Green
The ConAm Group recently disposed of Avery on the Green, a 324-unit class-A apartment community in ...Read more
Fully Vacant Chandler Industrial’s Sale Speaks to High Demand
A new 113,100-square-foot freestanding class-A industrial distribution building on 8.7 acres in Cha...Read more
Med Office Building Gets Underway at The Grove on Camelback Corridor
RED Development and Banner Health recently began construction on a new single-tenant medical buildi...Read more
Tempus Tests Tempe Temp and it’s Just Right
Warner Crossing, a two-building office complex located at 8260 and 8312 S. Hardy Dr. in Tempe, rece...Read more
Next Wave’s Value-Add Program Pays Off with Westover Parc
Next Wave Investors LLC, through a subsidiary company, initially purchased 103 of Westover Parc’s...Read more
Avery is Decron’s Fourth Phoenix MSA Acquisition in Six Months
Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoen...Read more
Seefried and Crow Holdings JV Gets Going on 101 Van Buren
Atlanta-based Seefried Industrial Properties has formed a joint venture with a real estate fund adv...Read more
ZaZu Has Occupancy and Potential to Seal the Deal for Tides
ZaZu Apartment Homes at 1502 E. Osborn Rd. in central Phoenix recently sold to a Los Angeles-based ...Read more