Office - Phoenix

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.
Office
Hines JV Tops Off Phoenix Office Building
The 250,000-square-foot development in Chandler, Ariz., is scheduled for completion in the fourth quarter, with the first tenants expected to move in by November.
Office
Lincoln Property, Goldman Sachs Expand Phoenix-Area Campus
The partners will develop the second office tower at the 3.2 million-square-foot The Grand at Papago Park Center in Tempe, Ariz.
Office

  • JV Acquires Phoenix Office Asset

    Totaling more than 250,000 square feet, the three buildings in the city’s Black Canyon Corridor submarket fetched a sale price of nearly $35 million.

    23 February 2018 17:50

  • Top 10 Cash-Only Office Deals of 2017

    In an intriguing finding, a single metro accounts for the lion’s share of the notable all-cash transactions identified by Yardi Matrix.

    22 February 2018 17:39

  • Sentinel RE Acquires 106 KSF Phoenix Office Building

    Artis REIT sold the single-tenant, 106,000-square-foot 91 Glendale, with CBRE Capital Markets negotiating the deal on behalf of the seller.

    05 February 2018 12:15

  • Top 10 Phoenix Office Completions in 2017

    The metro kept developers busy in the past year, with construction showing no signs of slowing down. Yardi Matrix put together a list revealing the largest office deliveries of 2017.

    01 February 2018 14:05

  • Arizona Office Buildings Change Hands in $69M Deal

    Transwestern Investment Group sold the 226,358-square-foot Lincoln Towne Centre in Scottsdale on behalf of its TSP Value and Income Fund I LP.

    23 January 2018 16:06

  • Phoenix-Area Office Building Welcomes 30 KSF Tenant

    GrubHub will open its fourth location, in Chander. San Tan Tech Center was constructed in 1981 and underwent renovations less than a decade ago.

    09 January 2018 14:14

  • Blue Vista JV Snags Phoenix Office Campus

    The joint venture between Everest Holdings and Blue Vista Capital Management acquired the two-building asset completed in 2001 for $23.6 million.

    08 January 2018 12:47

  • Office-Industrial AZ Portfolio Lands $86M

    Working on behalf of Globe Corp., Walker & Dunlop structured three long-term, fixed-rate loans for four properties in Phoenix, Scottsdale and Tempe, Ariz.

    18 December 2017 16:22

  • Transwestern, JDM Partners Buy 2 MSF Tempe Office

    The partnership acquired the five-building Marina Heights campus from State Farm Automobile Insurance Co. in a sale-leaseback deal valued at $928 million, which could mark the largest-ever CRE sale in metro Phoenix.

    11 December 2017 12:34

  • ORION Facilitates Phoenix Office Property Sale

    The seller, Republic West Remodeling, will continue to occupy part of the building, while the remaining space will be leased out to a new tenant.

    08 December 2017 18:53

  • Waste Management Relocates Phoenix Branch

    The environmental services firm will move its local branch to Union Hills Office Plaza by the end of the year. Waste Management selected Perkins+Will to design its new location.

    04 December 2017 19:59

  • Stockdale Secures New Lease at Scottsdale Galleria

    Indeed Inc. is expanding its Phoenix-area footprint, having signed for 53,000 square feet at the LEED-certified office property. The building recently underwent a $7 million renovation.

    30 October 2017 10:50

  • 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

  • VanTrust Breaks Ground on Chandler Office Asset

    Layton Construction Co. is developing the first phase of Chandler Corporate Center, a 114,000-square-foot office development in Chandler, Ariz. The property is scheduled for completion by June 2018.

    18 October 2017 15:36

  • Hines to Renovate Phoenix Office Campus

    The company plans to invest up to $1 million to upgrade the exterior of 24th at Camelback, a 627,000-square-foot office complex. The refurbishment is scheduled for completion by the end of the year.

    11 October 2017 16:09