Phoenix
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EverWest, CenterSquare Sell Phoenix Office Campus
With the sale of The Madison, a 177,312-square-foot Class A property, EverWest’s transaction and renovation push in the metro over the past 24 months reached $165 million.
31 July 2018 12:54 -
Phoenix’s Continuous Momentum
Phoenix’s office market continues to bloom, as a result of increased interest from tech companies attracted by the metro's business-friendly climate.
25 July 2018 12:54 -
Tempe Office Building Changes Hands
JLL represented the seller, Hannay Realty Advisors, in its disposition of Warner Courtyards. The former owner will continue to manage the asset.
16 July 2018 13:43 -
Transwestern Completes Full-Building Phoenix Lease
Desert Canyon 300, a three-story, 150,000-square-foot Class A property, will serve as the tenant’s new information technology corporate office.
16 July 2018 10:10 -
Iron Mountain to Build 550 KSF Phoenix Data Center
The company will double the available IT capacity of its Phoenix campus, which will be scalable up to approximately 100 MW.
13 July 2018 16:40 -
Inland Real Estate Buys 2 Phoenix-Area MOBs
Located at 220 S. 63rd St. in Mesa and 3940 S. Alma School Road in Chandler, the buildings comprise a total of 25,340 square feet.
13 July 2018 15:14 -
CBRE Arranges Sale of Phoenix Shopping Center
Plaza at Power Marketplace comprises roughly 71,000 square feet and was 93 percent leased at the time of sale. The asset is anchored by LA Fitness and shadow-anchored by Home Depot.
13 July 2018 12:53 -
Inland Real Estate Arranges Phoenix MOB Sale
Recently built, the 29,350-square-foot property features 30 exam rooms. At the time of the deal, Banner Health occupied the entire building.
04 July 2018 09:07 -
Demand Keeps Up With Supply in Phoenix
Healthy employment and demographic trends are boosting multifamily demand in the Valley of the Sun, where rent growth is expected to reach 5.0 percent this year.
03 July 2018 13:54 -
JV Launches Arizona’s Largest Integrated Solar, Battery Plant
NextEra Energy Resources joined forces with Salt River Project—a community-based, not-for-profit public power utility—to deliver the state’s largest solar energy center paired with battery system.
25 June 2018 13:31 -
Hines Sells 300 KSF Green Building in Phoenix
In the city's largest office deal so far this year, an affiliate of New York Life Real Estate Investors acquired an eight-story asset in the Camelback Corridor.
18 June 2018 07:37 -
YAM Properties Acquires Arizona’s Westgate Entertainment District
In one of the state’s largest retail deals ever, iStar sold the 76-acre mixed-use center in Glendale for $133 million after six years of ownership and a major repositioning.
14 June 2018 10:57 -
Broadstone Net Lease Adds New VPs in Phoenix
Greg Lang and Sean Hostert have stepped up as the firm's vice presidents of acquisitions, focusing on sourcing and closing deals of single-tenant commercial assets.
13 June 2018 11:16 -
CyrusOne Acquires 70-Acre Site for 2nd Phoenix Facility
The upcoming data center will eventually deliver up to 198 megawatts of critical IT power. The company's campus will be located within the Mesa Elliot Technology Park, a 270-acre master-planned mixed-use project.
07 June 2018 18:22 -
Phoenix-Area Storage Facility Sells for $7M
Marcus & Millichap’s Tampa-based self-storage group, together with the firm’s Phoenix office, brokered the sale of the 722-unit asset located in Mesa, Ariz.
30 May 2018 18:32