Finance - Phoenix
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CBRE Arranges $34M Refi for Phoenix Business Park
The team secured financing from Alliance Bank of Arizona on behalf of Velocis.
28 April 2020 07:58 -
Mark IV Capital Delivers 4th Building at Phoenix Business Park
The developer broke ground on the 156,823-square-foot, Class A asset in 2018.
30 January 2020 16:01 -
NorthMarq Scores $185M Refi for Northrop Grumman Campus
The recently opened, 47-acre campus in Chandler, Ariz., manufactures launch vehicles for commercial and military customers.
14 January 2020 13:18 -
Kimco Realty Sells 2 Phoenix Shopping Centers
The REIT traded the 307,000-square-foot portfolio for nearly $27 million, with the buyer securing acquisition financing from CIBC Bank.
10 January 2020 07:26 -
Phoenix’s Biltmore Center Sells in Landmark Deal
The $212 million deal marks the largest multi-tenant office sale of the past 12 months and the fourth-largest in the metro's history.
07 January 2020 12:07 -
Trammell Crow Breaks Ground in Scottsdale
With construction financing from Western Alliance Bank, Axis Raintree marks the first Class A office project to be constructed in the northern part of the city since 2015.
18 December 2019 14:41 -
Ryan Cos. Gets $55M for Phoenix Office Asset
The LEED Gold building in the Camelback Corridor sold for a record $306 per square foot.
19 November 2019 13:57 -
Talonvest Arranges $23M for Arizona Storage Projects
1784 Capital Holdings received the financing for two properties located in Scottsdale and Tucson.
01 November 2019 19:08 -
Arizona’s 2nd-Tallest Building Commands $93M
The JV that acquired the 31-story Phoenix office asset is set to invest $15 million in upgrades.
28 August 2019 11:38 -
CAI Investments Secures $87M for Arizona Hotel
The 18-story, 290-key Westin in downtown Tempe is slated to open in the second quarter of 2021.
23 August 2019 12:11 -
Hammes Partners Pays $409 Per SQFT for AZ Medical Building
Spectrum Medical Commons, developed by Irgens in 2017, is adjacent to Mercy Gilbert Medical Center. JLL brokered the $17.8 million transaction.
28 June 2019 19:21 -
Exeter Property Group Buys Phoenix Industrial Asset
The company acquired a 123,754 square-foot warehouse in the Southwest Valley submarket. DAUM Commercial represented both buyer and seller in the off-market transaction.
17 June 2019 14:17 -
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 -
Fenway Capital, Iron Point Buy $25M Phoenix Office Property
The new owners are set to invest more than $7 million in capital and tenant improvements. CBRE's Capital Markets secured an acquisition loan through CapitalSource.
08 October 2018 12:25 -
George Smith Partners Assembles $106M for Spec Project in Phoenix
The 250,000-square-foot Class A office tower, along with 44,000 square feet of lifestyle retail, is part of The Watermark Tempe, a mixed-use project that Fenix Development is undertaking in Tempe, Ariz.
01 October 2018 12:38