What happened, and who moved.
89 items
showing 61–89 of 89
Willmeng Construction recently celebrated the successful completion of a highly complex tenant improvement project for United Foods International. Located at 6363 W. Dobbins Road, in the Loop 202 corridor, the 129,172-square-foot shell building has been transformed into a state-of-the-art food preparation and…
Butler Design Group (BDG) is serious about producing the highest-quality projects, fostering lasting client relationships and ensuring they provide an engaging yet laid-back work culture. It’s this combination that contributes to the architectural firm’s ongoing success over three decades. And this year is a…
TEMPE, ARIZ. — TSB Capital Advisors has arranged a loan of an undisclosed amount for the refinancing of Atmosphere Tempe, a 530-bed student housing community located near the Arizona State University campus in Tempe. The floating-rate bridge loan was secured on behalf of the borrowers, Trinitas and Harrison Street…
Located between the Phoenix and Tucson metros, Pinal County is the third-most populous in the state with its boundaries stretching nearly 5,400 square miles. As its neighbors to the north and south have seen economic expansion, so too has Pinal County, providing a place for businesses to locate where land and…
On July 1, NAIOP announced a new name for the organization: the Commercial Real Estate Development Association, or CREDA. According to CREDA, the new moniker better communicates the broad scope of commercial real estate work members engage in, such as multifamily housing, retail destinations, logistics and…
As rapid growth continues across Arizona, sometimes older structures must be torn down to make way for local expansion. But when an iconic building is slated for demolition, it can feel like losing a piece of Arizona’s architectural history. That’s why a community partnership has formed to utilize construction…
The membership of the Arizona Builders Alliance (ABA’s) membership has delivered some of the most impactful projects across the state. Here are 25 noteworthy developments made possible by ABA member companies. DEEPER DIVE: How Silicon Desert is powering Phoenix industrial surge READ MORE: Phoenix industrial market…
JLL Capital Markets announced today that Partners Group, one of the largest firms in the global private markets industry, and ViaWest Group have secured $122 million in bridge financing for The Base, a newly constructed, seven-building industrial campus totaling 1,182,865 square feet in Glendale, Arizona, through…
Plans are moving forward for a new family and adult entertainment destination at Copper Sky Regional Park, bringing a unique mix of recreation, dining, social experiences and community gathering spaces to the city of Maricopa. The development team has released a new conceptual rendering and is inviting residents to…
SkySong continues to see strong leasing activity with a new series of leases and expansions totaling more than 28,000 square feet across the project’s office buildings. The latest transactions include a mix of new tenants, expansions and long-term commitments from companies spanning financial services,…
On behalf of Alidade Capital and Pine Creek Real Estate Partners, Phoenix-based general contractor Stevens-Leinweber Construction (SLC) today broke ground on TenSixty Interchange, an office-to-industrial redevelopment that will bring new mid-size, infill industrial product to the Interstate 10/Baseline Road…
On Friday, June 12, NAIOP Arizona is hosting its Energy Economic Forecast at The Camby Hotel in Phoenix. NAIOP Arizona CEO Cheryl Lombard will moderate a discussion on Arizona’s evolving energy portfolio, how utilities are planning for unprecedented demand, what infrastructure investments are needed, and more.…
Avondale Toyota, a local family-owned business, has announced a newly expanded service center for the Valley. The 56,000 square-foot addition increases the dealership’s service bays from 36 to 70 and establishes Avondale Toyota as one of the largest Toyota service centers in the western United States. The $15…
Taiwan Semiconductor Manufacturing Co. is investing an additional $100B in manufacturing in the U.S., bringing its total investment commitment to $265B. The additional investment will mean four more advanced semiconductor manufacturing facilities, bringing...
Majestic Realty Co. and the Salt River Pima-Maricopa Indian Community (SRPMIC) have agreed to a 99-year ground lease that will serve as the foundation for a new, light industrial project serving the Community and the greater Phoenix metro area. With an anticipated groundbreaking in 2027, the development is expected…
Taiwan Semiconductor Manufacturing Co. (TSMC) plans to spend an extra $100 billion to grow its U.S. business. The company says that money will likely help add four new fabrication plants in Arizona, which would make some of the world’s most advanced computer chips, 2-nanometer and smaller. Those new factories would…
The Watermark at Oro Valley, a 101-unit assisted living community at 9005 N. Oracle Road in Oro Valley, sold for $23 million. The buyer was Steller Senior Living. The seller was PGIM Real Estate. Built in 2018, the two-story assisted living facility contains 83,059 square feet on 3.42 acres in the Shadow Mountain…
CBRE arranged the sale of The Tyler, a 320-unit multifamily community in Gilbert, Arizona. CBRE’s Asher Gunter, Matt Pesch and Austin Groen represented the seller, StreetLights Residential. Camden Property Trust acquired the property. The Tyler offers studio, one-, two- and three-bedroom floor plans. Community…
GILBERT, ARIZ. — Dallas-based StreetLights Residential has sold The Tyler, a 320-unit apartment community in Gilbert, to Camden Property Trust for an undisclosed price. Asher Gunter, Matt Pesch and Austin Groen of CBRE represented the seller in the deal. Situated within the Agritopia master-planned community, The…
Cavan Cos. has sold The Bungalows on Camelback, a 334-unit, build-to-rent asset in Phoenix, for $112.5 million. That comes out to about $337,000 a unit. A private individual acquired the property. This deal marked the biggest single-asset BTR sale in the metro’s history. Located on more than 29 acres at 4747 N.…
SCOTTSDALE, Ariz. — Berkadia has arranged the sale and financing of Acoya Shea, a senior living community located in Scottsdale. Opened in September 2023, the property totals 147 units. Dave Fasano,… The post Berkadia Arranges Sale, Financing of 147-Unit Community in Scottsdale, Arizona appeared first on Seniors…
SURPRISE, ARIZ. — NexMetro Communities has completed and opened Avilla Foothills, a 108-unit build-to-rent development in Surprise, about 28 miles northwest of Phoenix. Avilla Foothills is comprised of single-level homes,… The post NexMetro Opens Avilla Foothills BTR Project in Metro Phoenix appeared first on…
PHOENIX — Tides Equities has sold Tides on McDowell at 4620 W. McDowell Road in Phoenix to Nitya Capital for $41 million. Northmarq’s Phoenix-based team led by Jesse Hudson, Logan… The post Nitya Capital Buys Tides on McDowell in Phoenix for $41M appeared first on Multifamily & Affordable Housing Business .
RED OAK, TEXAS — CESM Real Estate has sold Emerson at Red Oak, a 306-unit community in Red Oak, approximately 20 miles south of Dallas. The buyer was Phoenix-based Professional… The post Phoenix Firm Acquires Emerson at Red Oak in Metro Dallas appeared first on Multifamily & Affordable Housing Business .
PHOENIX — LTC Properties has completed the acquisition of MorningStar at Arcadia, an assisted living and memory care community located in Phoenix, for $54 million. The community is being added to… The post LTC Acquires MorningStar Community in Phoenix for $54M appeared first on Seniors Housing Business .
Super Star Car Wash https://www.superstarcarwashaz.com/ Super Star Car Wash Tenant Overview Super Star Car Wash is a family-owned company founded in 1993 in Chandler, Arizona, that provides express and full-service car wash services using modern equipment and high-quality cleaning products. The company has grown…
Cogent Communications sold 10 data center facilities across Phoenix, Anaheim, Burbank, Stockton, Atlanta, Chicago, Elkridge, Kansas City, Nashville and Houston to a new I Squared Capital-sponsored entity for $225 million cash, providing ~53MW of power capacity and 259,000 sq ft of colocation space.
Christopher Todd Capital acquired Yardly Paradisi, a 193-home build-to-rent community in Surprise, Arizona, from homebuilder Taylor Morrison. The purchase price was not disclosed in the companies' own press release -- a commonly repeated '$32.8m' figure is actually the size of a separate acquisition loan, not the sale price.
Tricon Residential acquired two build-to-rent communities from an Arcadia Capital/Platform Ventures joint venture for $44.1 million total: Bower Hudson Crossing (43 units, Chandler, $23m) and Bower Gateway (48 units, Mesa, $21.1m).