Phoenix

Can a Data Center Market Be Too Healthy?
The Phoenix data center market is almost exceedingly healthy, with demand outpacing supply, says Mar...Read more
Calgary’s APEL Relocates to $100 Million HQ Facility
Calgary-based APEL Extrusions recently purchased 22.6 acres at the southeast corner of the new Loop ...Read more
KKR Adds $68M Industrial Portfolio to Expanding List
Clearly, Phoenix is an important market for KKR as it expands in 2021 and beyond. The firm recently ...Read more
BPM Nabs PetSmart’s HQ for $110M
Portland, OR-based BPM Real Estate Group just snapped up PetSmart’s corporate headquarters campus ...Read more
RED Development Buys Paradise Valley Mall for $100M
Reflecting the changing dynamics in retail, Macerich sold Paradise Valley Mall, a non-core asset in ...Read more
Agave Sells for Record PSF in Hot Scottsdale Market
Agave Center, a 2.46-acre shopping complex in Scottsdale, recently sold for $9.775 million. The sale...Read more
Phoenix Multifamily Stays the Course With Investors
Phoenix recorded the eighth-highest multifamily rent growth out of all U.S. metros in the fourth qua...Read more
Midtown Flats Exemplifies Strong Market Fundamentals
The Phoenix multifamily market fared better than most property types during the pandemic, with inves...Read more
EV Manufacturer Selects Mesa for Tech Center
ElectraMeccanica Vehicles Corp., a designer and manufacturer of electric vehicles, has selected Mesa...Read more
LifeStance Heads South for Corporate Relocation
LifeStance Health recently relocated its corporate headquarters to Scottsdale from Bellevue, WA. The...Read more
Avalon Goes from 76% to 90% Leased in Four Months
Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate i...Read more
Multi-Tenant Logistics Center to Deliver on Rare Infill Site
ViaWest Group has entered into a 77-year ground lease with the Kyrene School District on 28.6 acres ...Read more
Anchor Health Brings on Construction Director
Building on substantial West Coast development, asset and property management, and acquisition growt...Read more
Sponsor Buys Out Investors But Retains Control of Stratford
A recent financing transaction illustrates the depth of NorthMarq’s capital stack for its clients,...Read more
TerraCap Has Cap Projects in Mind After Koll Cotton Buy
Naples, FL-based TerraCap Management LLC recently acquired Koll Cotton Center for $30.9 million. Kol...Read more
Construction is Underway on Ridgeview College Prep School
Adolfson & Peterson Construction and The Leona Group recently broke ground on Ridgeview College ...Read more
Cuningham Names New Board Chair and Leadership Council
Design firm Cuningham has named a new board chair and leadership council as part of an internal rest...Read more
Glendale Industrial Goes for Highest PSF in Phoenix History
The Loop 101 Corridor of the West Valley is underserved by industrial product, but a recent sale put...Read more
Reunion Rehab Hospital Tops Off
The superstructure of Reunion Rehabilitation Hospital Phoenix recently topped off, officially reachi...Read more