Deals - Phoenix
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Parallel Capital Acquires Full Interest in AZ Office Tower
Two Arizona Center, a 20-story building located on one of the 16 acres comprising the mixed-use Arizona Center, offers 512,852 square feet and is fully leased to Arizona Public Service Co.
30 May 2018 15:54 -
Lamar Acquires 550 KSF Phoenix-Area Shopping Center
In partnership with Real Capital Solutions, the company purchased a segment of Promenade at Casa Grande, a 1 million-square-foot retail property in Casa Grande, Ariz.
30 May 2018 09:25 -
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
22 May 2018 12:17 -
SunCap Breaks Ground on AZ Industrial Asset
Twenty-one percent of the 134,358-square-foot Gilbert Spectrum Building One has been pre-leased to SDHQ Off Road. The property is scheduled for completion by the second quarter of 2019.
15 May 2018 10:37 -
Apple Hospitality Expands AZ Portfolio With $44M Phoenix Buy
Developed by Mortenson Construction and designed by PK Architects, the 210-key Hampton Inn & Suites by Hilton Phoenix Downtown marks the REIT’s 12th hotel property in the state.
07 May 2018 16:01 -
JV Buys $12M Phoenix MOB
Constructed in 2012, the 34,000-square-foot property is 90 percent occupied by Banner Medical Group and the Center for Orthopedic Research and Education Inc.
03 May 2018 19:01 -
ESI Sells 179 Acres of AZ Business Park
The company has sold more than 61 percent of Surprise Pointe's land to three different buyers: a developer, a distributor and a manufacturer. CBRE is representing the firm in the continuous sale of the 290-acre property.
02 May 2018 15:59 -
Clarius Trades Phoenix Industrial Property
The two-building asset opened in 2017 and contains nearly 200,000 square feet. The structures are 71 percent leased to four tenants.
30 April 2018 16:00 -
Griffin Capital Snags Recently Completed Phoenix Office Asset
The 271,000-square-foot complex was built-to-suit for the McKesson Corp. last year, with the healthcare company’s lease expiring in 2028.
16 April 2018 10:18 -
Tuft & Needle’s Phoenix HQ Trades for $9M
In 2012, the e-commerce and manufacturing firm acquired and completely renovated the iconic building in the city's downtown area. Retail Realty Fund now purchased the entire 36,000-square-foot property from SimonCRE.
04 April 2018 09:06 -
Brixton Capital Buys Phoenix Retail Center
Weingarten Realty Investors sold the fully leased Palmilla Center with help from HFF’s Managing Director Bryan Ley. The shopping center is anchored by Fry’s Food & Drug.
13 March 2018 13:42 -
JV Buys 147 KSF Self-Storage Portfolio
Advantage Storage, in partnership with Harrison Street Real Estate Capital, has purchased two facilities located in Colorado and Arizona.
09 March 2018 19:23 -
IAC Acquires Phoenix Industrial Asset
A Kidder Matthews team led by Mike Ciosek, Eric Bell and Dylan Scott negotiated the deal for the 50,000-square-foot building.
07 March 2018 17:23 -
Phoenix-Area Retail Center Trades for $22M
The 118,377-square-foot property located in Glendale is 97 percent leased, with Walmart as main anchor. Lee & Associates Arizona represented both the seller and the buyer.
07 March 2018 15:48 -
DiamondRock Grows Western Hotel Portfolio
The 242-key hotel first opened its doors in 2012, and is situated in downtown Phoenix, within the 1.2 million-square-foot CityScape mixed-use high-rise.
06 March 2018 17:46