Phoenix

Saks to Close Phoenix Anchor Store
Saks Fifth Avenue, the anchor tenant at Biltmore Fashion Park, is shutting its doors. The 92,000-sq...Read more
Developer Duo Inks Refis for Phoenix-Area BTR Communities
JLL Capital Markets arranged a $33.05 million and $31.25 million refinancing of Villas Litchfield...Read more
Hyatt Studios Hotel Brand to Debut in North Phoenix
Caliber Companies is planning to build a four-story, 114-room Hyatt Studios hotel on a 2.28-acre...Read more
Sunbelt Pays $62.5M for Buckeye Land, Adds to Extensive Holdings
Sunbelt Investment Holdings (SIHI) was the winning bidder of 272 acres of Arizona State Land in Buc...Read more
Boomtown Buckeye Adding 901 New Rental Units
The town is booming, and Buckeye shows no signs of slowing down. The population in Buckeye spiked b...Read more
458K-SF Phoenix Office Property Changes Hands
Newmark arranged the $32.25 million sale of Thirty 03, a 26-story, Class A multi-tenant high-rise o...Read more
71K-SF Tempe Office Building Picked Up by ARC
Hohokam Court, a single-story 70,800-square-foot building in Tempe, was acquired by Alignment Realt...Read more
Heitman Offloads Camelback Apartments After 12-Year Hold
Principal Financial acquired the 270-unit Biltmore at Camelback in Phoenix for $97.3 million. Heitm...Read more
DHS Purchases 418K-SF Surprise Warehouse
The Department of Homeland Security has purchased a 418,000-square-foot warehouse in Surprise for m...Read more
Aerospace/Defense Supplier Opens $200M Mesa Factory
Hadrian, an aerospace and defense supplier, opened a $200 million factory at The Cubes at Mesa Gate...Read more
CapRock Delivers 825K-SF Phoenix Industrial Venture
CapRock Partners completed CapRock West 202 Logistics – Phase 2, marking the final phase of Phoen...Read more
Velocity Launches Leasing at SanTan Crossing
Velocity Retail Group announced the launch of leasing for SanTan Crossing, a new restaurant and ret...Read more
Vestar Debuts $100M Queen Creek Retail Center
Vestar completed Vineyard Towne Center, an open-air retail destination in Queen Creek. The $100 mil...Read more
Phoenix Eyeing City Land for Transit-Oriented Mixed-Use Project
The City of Phoenix is rezoning nearly 1.5 acres at the corner of 35th Avenue and McDowell Road t...Read more
335-Unit Chandler Multifamily Property Trades for Over $300K/Unit
Stockdale Capital Partners acquired Avant at Fashion Center, a 335-unit apartment community at 555 ...Read more
KKR Pays $112.3M for Two AZ Senior Housing Properties
KKR acquired a Phoenix-area senior housing portfolio for $112.3 million. PGIM sold the two properti...Read more
Investor Group Acquires 91K-SF Scottsdale MOB
A joint venture between Cypress West Partners and TPG Angelo Gordon acquired two medical outpatient...Read more
EQT Acquires Loop 303 Warehouse for $104.5M
EQT, one of the largest private equity investors, acquired Commerce @ 303, a 663,000 square foot Cl...Read more
IndiCap, Invesco Spin Off Glendale Warehouse for $90.5M
IndiCap, in partnership with Invesco, sold a 566,121-square-foot industrial building located w...Read more
