Deals - Phoenix

  • Scottsdale Office Complex Trades for $53M

    Equus and iStar have acquired the asset with a $42.6 million loan provided by Mesa West Capital. The office building marks the joint venture’s second acquisition in Scottsdale.

    23 October 2017 15:52
  • Phoenix Industrial Asset Reaches Full Occupancy

    JLL signed new tenants InVue and Aquafil, bringing Colony NorthStar's industrial portfolio to full occupancy. The market's record-low vacancy and all-time high absorption rates made for an attractive investment opportunity.

    19 October 2017 17:22
  • Piper Jaffray Renews Lease, Relocates to AZ Camelback Esplanade

    Lee & Associates brokered the 3,900-square-foot renewal, relocation and expansion for the lessee. CBRE worked on behalf of LBA Realty, the landlord.

    11 October 2017 15:52
  • Phoenix Industrial Asset Trades for $7M

    The 86,000-square-foot distribution building is situated near Interstate-10 and Route 202. Axus Technologies occupies 23,000 square feet at the facility.

    11 October 2017 15:39
  • Xenia Invests $305M in 2 AZ Hotels

    The company purchased the 493-key Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch in Scottsdale, Ariz., as well as the 119-key Royal Palms Resort & Spa in Phoenix. Both hotels will continue to be managed by Hyatt.

    06 October 2017 14:24
  • ORION Facilitates Phoenix Retail Center Sale

    Paragon Southern Plaza LLC sold the 16,980-square-foot property for $1.8 million. Southern 19 Plaza is located in a strong trade area near a major artery in the city.

    06 October 2017 11:39
  • Phoenix Commerce Center Trades for $14M

    Kidder Mathews brokered the sale of a 93,725-square-foot industrial asset known as Pinnacle Peak Commerce Center. The company was retained to manage the property.

    04 October 2017 13:48
  • CapRock Buys Phoenix Facility for $8M

    The company acquired an industrial property in an off-market transaction, with plans to transition the asset to Class A standards.

    28 September 2017 12:58
  • Meridian Buys AZ Medical Center for $5M

    The historic Lois Grunow Memorial Clinic in Phoenix traded for $5 million in a deal brokered by Avison Young. Meridian plans to re-tenant the property and make it ADA-compliant.

    18 September 2017 14:38
  • Phoenix Industrial Portfolio Trades for $12M

    Lee & Associates brokered the sale of seven industrial assets totaling 95,000 square feet. The portfolio is fully leased to Horizon Distributors Inc. for five years.

    18 September 2017 11:09
  • JLL Closes $24M Phoenix Industrial Deal

    The company represented The Hewson Co. in the sale of a 266,607-square-foot industrial portfolio. The properties are located in Scottsdale and Tempe, Ariz.

    12 September 2017 16:17
  • Phoenix-Area Self-Storage Assets Find Out-of-State Owner

    Marcus & Millichap's The Mele Group arranged the sale of a 608-unit self-storage portfolio, offering 86,963 square feet of rentable space. The two facilities offer value-add opportunities.

    05 September 2017 15:23
  • Home Depot-Anchored Retail Center Trades in Phoenix

    PASSCO Cos. sold the Laveen Village Marketplace to Litwin Management. The 56,747-square-foot asset sits within the Phoenix-Mesa-Scottsdale Metropolitan Statistical Area.

    01 September 2017 08:41
  • 110 KSF Industrial Asset Trades in Phoenix

    SPIRE Real Estate Portfolios, through Nicola Crosby Real Estate, purchased Cabot Business Center in Phoenix. The buyer retained Kidder Mathews as property manager of the industrial/flex asset.

    25 August 2017 16:53
  • Parallel Capital Brings New Tenants to Phoenix Office Tower

    One of the most notable new tenants at One North Central is Quicken Loans, which will occupy six of the building’s 20 floors. Live Nation, Coleman & Finch and Urban Eye Care ink the other three leases.

    26 July 2017 21:21