The Mahoney Group, Arizona’s largest independent insurance, risk management, and employee benefits brokerage, is excited to announce its upcoming move to a new, modern office space in Chandler, reflecting the company’s continued growth and commitment to its people-first culture. A move-in-date for the new office, located at 2625 W. Geronimo Place, is scheduled for early … [More]

Unbound Development closed 2024 with a flurry of activity at it’s ALMA 202 mixed-use development in Chandler, including the $30 million sale of the 65,931 square foot Chandler Medical Pavilion building that is fully leased to Banner Health. Unbound, in a partnership with Webb Investments, sold the property to Montecito Medical Real Estate. Chandler Medical Pavilion was … [More]

Northpointe at Vistancia and the Village at Vistancia, communities in the 7,100-acre Vistancia master planned community in Peoria, have recently secured over 100 acres in land sales, continuing to poise the community for future growth. “Vistancia’s builder interest and home sales continue to demonstrate the attractability of our community,” said Mark Hammons, General Manager … [More]

Lincoln Property Company has completed its first lease at the award-winning Park303 logistics park, signing third party logistics leader Logisticus Group to a 483,300-square-foot commitment that fully leases one of the project’s three state-of-the-art buildings. A privately owned company specializing in transportation, logistics, civil engineering, project management and … [More]

Captiva Partners, a real estate investment and operating firm specializing in industrial and flex properties across the West Coast, is proud to announce the off-market acquisition of a 40,075-square-foot multi-tenant small-bay industrial property located at 2209-2211 W 1st St in Tempe, Arizona, marking its entry into the Phoenix market. Captiva plans to rebrand the property … [More]

LaPour Partners and Holualoa Companies closed on the land and secured planning approval for a new dual-branded AC Hotel by Marriott and Element by Westin. The 8-story development will feature 240 guest rooms with 5,700 square feet of flexible indoor-outdoor meeting space. The AC Hotel by Marriott will offer 142 guest rooms, and Element by Westin will offer an additional 98 … [More]

Dominium, a leading national affordable housing owner, developer and manager, recently closed on deals to acquire land for three new housing projects, providing more than 800 units in Surprise and Maricopa. In Surprise, Arterra will offer 388 affordable apartments for families and will include a clubhouse, fitness center, pool, and a playground. Orchard Springs, also in … [More]

Outrigger Industrial has completed two class A industrial buildings totaling more than 400,000 square feet in Mesa, Arizona. The new development, Centris Industrial at Mesa, is located at the cross streets of 80th Street and Pecos Road. The building located at 8147 East Pecos Road is comprised of 96,882 square feet, of which 44,000 square feet has been recently leased. The … [More]

Construction recently completed on the $78 million, five-level University Gateway Building at Arizona State University (ASU), a 128,000-square-foot building that wraps around the Mill Avenue Parking Structure in Tempe, Ariz. The parking structure, which was completed in late 2023, and the University’s new building are located east of Mill Avenue between 9th and 10th … [More]

Developer Overton Moore Properties, along with its partner, Invesco Real Estate, have started construction on Nextwave Tempe. The project consists of three Class A industrial buildings totaling 689,000 sq. ft. on 35.5 acres at the former site of the Big Surf Waterpark in northeast Tempe at 1500 North McClintock Drive. CBRE's John Werstler, Cooper Fratt and Tanner Ferrandi … [More]

The $83 million sale of Akimel Gateway in Chandler to EastGroup Properties, Inc. is complete. CBRE National Partners’ Rusty Kennedy and Joe Cesta, along with Cooper Fratt, John Werstler, Tanner Ferrandi and Mike Parker, represented Trammel Crow Company and CBRE IM in the deal. “Akimel Gateway presents a compelling investment opportunity for EastGroup, featuring impeccably … [More]

LionGrove, a leading hospitality investment firm, announces the purchase of ADERO Scottsdale Resort, Autograph Collection, an idyllic resort nestled in the heart of the Sonoran Desert. "The acquisition of ADERO Scottsdale marks an exciting milestone in LionGrove's dedication to building a portfolio of distinctive hospitality properties that create memorable and … [More]

TerraCap Management LLC, a privately held investment firm headquartered in Naples, FL, announced today the acquisition of Valley Vista, a 262k square foot three-property industrial portfolio spread across the Phoenix, AZ metropolitan area. The three single-story buildings are located in the dense submarkets of Chandler, Tempe, and south of the Phoenix Sky Harbor Airport. The … [More]

Phoenix-based developer George Oliver, in partnership with Ascentris, has announced the $42.25 million acquisition of 7272 E. Indian School Rd., a 165,220-square-foot office building in Old Town Scottsdale, Arizona. The purchase, which follows the partnership’s mid-2024 acquisition of 4141 and 4167 N. Scottsdale Rd., expands the companies’ Old Town Scottsdale footprint to over … [More]

GO Industrial, a Phoenix-based development firm known for its design-centric approach and location-first strategy across the Western United States, has successfully acquired a 9.4-acre infill parcel in the highly sought-after airport market. The acquisition was made in partnership with Clarion Partners. Located at 3050 S 35th Street along University Drive, the parcel sits on … [More]