News - Phoenix

  • Lincoln Property Co. Tops Out AZ Office Asset

    The property is the second of eight planned buildings at The Grand at Papago Park Center in Tempe, which will house 1.8 million square feet of office space.

    06 March 2019 17:27
  • Phoenix Office Building to Undergo $17M Revamp

    New owner George Oliver Cos. will transform CASA, an Uptown property formerly known as Catalina Terraces, into a modern workplace focused on tenant health and wellness.

    27 February 2019 17:18
  • 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
  • Transwestern Adds Jim Fijan to Phoenix Office

    Jim Fijan brings 35 years of experience to the new role and has been named NAIOP Office Broker of the Year 20 times in the course of his career.

    04 February 2019 14:39
  • DAUM Commercial Secures 10-Year Lease in Chandler, AZ

    The company worked on behalf of Advanced Circuits to relocate the circuit manufacturer's Arizona operations. The move is expected to bring 150 new jobs to the area.

    01 February 2019 09:35
  • 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
  • Hines Opens Offices at Chandler Viridian in AZ

    The office property is part of the larger 25-acre Chandler Viridian master-planned development, which will also include hotel, residential and retail services.

    17 January 2019 12:34
  • 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
  • Demand in Phoenix on the Rise

    The metro added 18,000 office-using jobs in the 12 months ending in August, up about 3 percent and far outpacing the 1.8 percent national average. The city has 584,000 office-using jobs, equal to 27.8 percent of the total employment pool.

    26 December 2018 15:21
  • 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
  • Arizona Voters Reject Renewable Energy Proposition

    The constitutional amendment would have required 50 percent of the electricity provided by APS to come from renewable sources by 2030, irrespective of the cost to customers.

    07 November 2018 11:31
  • A Nuanced Analysis of Phoenix’s Industrial Market Boom

    With the metro boasting dynamic speculative industrial development, Lee & Associates Arizona Principal Chris McClurg explains why developers favor certain submarkets of the city.

    06 November 2018 10:00