Deals - Phoenix
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Phoenix Office Building Commands $48M
Mainstreet Capital will provide property management services for the four-building complex. Cushman & Wakefield, which brokered the sale, will retain the leasing.
17 June 2019 13:28 -
FCP Sponsors $12M Opportunity Zone Industrial Deal
Baker Development Corp. will build the 325,000-square-foot property in the Phoenix suburb of Goodyear. Fintech platform EquityMultiple raised $2.4 million from its accredited investors for the transaction.
06 June 2019 13:03 -
Phoenix Retail Center Trades for $20M
Executive Managing Directors Ryan Schubert and Michael Hackett of Cushman & Wakefield brokered the sale of the 90,264-square-foot Madison Village Marketplace.
10 April 2019 13:05 -
Balfour Pacific Enters Phoenix Office Market With $42M Buy
The iconic Phoenix Corporate Tower is anchored by the Arizona Department of Child Safety and has been renovated multiple times since its construction in 1965.
08 April 2019 13:24 -
Velocis Sells Scottsdale Office Building for $53M
During its four-year ownership, the seller implemented a capital improvement program to reposition Camelback Square by upgrading the corridors and elevator lobby and adding a new conference center.
04 April 2019 10:06 -
Cushman & Wakefield Brokers AZ Industrial Sale
Conor Commercial Real Estate and Globe Corp. sold AZ|60 Industrial for $27 million. The two-building property in Gilbert encompasses 225,600 square feet.
15 March 2019 12:43 -
Farmers Insurance Exchange Signs New Lease in Phoenix
The company will occupy a 17,351-square-foot building, part of the Spectrum Ridge Flex park. Kidder Mathews brokered the transaction on behalf of the owner.
26 February 2019 14:26 -
AZ Office Campus Commands $63M
Cushman & Wakefield Executive Directors Tracy Cartledge, Steve Lindley and Bob Buckley worked on behalf of the seller to facilitate the disposition of Rio West Business Park in Tempe.
26 February 2019 10:13 -
Park Hotels Sells Phoenix Asset for $51M
The lodging REIT’s disposition of the 563-key Pointe Hilton Squaw Peak Resort is part of its portfolio transformation strategy.
11 February 2019 12:52 -
Vantage Data Centers to Add 160 MW in Phoenix
The campus will comprise three data centers across 1 million square feet in Goodyear, Ariz. The initial phase will add an initial 32 megawatts and is slated for completion in 2020.
23 January 2019 17:48 -
Phoenix Newspaper Headquarters Sells for $38M
The ViaWest Group acquired the Arizona Republic’s headquarters in the city’s central business district. Current tenants, all affiliates or spinoffs of Gannett, will remain at the property.
07 January 2019 14:07 -
Equus Capital Sells 345 KSF Office in Scottsdale
Working on behalf of the seller, Newmark Knight Frank facilitated the disposition of Raintree Corporate Center, a two-building, multi-tenant asset.
07 January 2019 10:51 -
Scottsdale Showroom Property Changes Hands
The 110,000-square-foot asset features local and national interior designers, retailers and art dealers. A Cushman & Wakefield team arranged the transaction on behalf of the seller.
26 November 2018 13:25 -
Heslin Holdings Acquires Tucson Retail Asset
The acquisition is part of the company’s plan to invest $75 million in shopping centers across the nation during the next year.
11 October 2018 13:56 -
CBRE to Manage 1 MSF Data Center Portfolio
Lincoln Rackhouse and Principal Real Estate Investors acquired three data center campuses in top-performing U.S. markets. The assets underwent a $200 million renovation program prior to the transaction.
10 October 2018 20:06