Teravalis, a Howard Hughes Community, broke ground on Echo Community Center, a 22,000-square-foot recreational and wellness hub that will anchor the community’s first village, Floreo. Local officials, community leaders, development partners, and stakeholders gathered for the ceremonial groundbreaking for the center, which is set to open in early 2027. Echo Community … [More]

National multifamily developer Wood Partners has expanded its presence in Phoenix with the opening of Alta 87 in Gilbert, Arizona, a suburb southeast of the city. This marks the company's third community in the region and the Town's first with a structured parking garage. Alta 87 is now leasing, offering two months of free rent along with other exclusive specials. "The … [More]

JLL's Capital Markets Group announced that it has arranged a $1.1 billion, 15-property, national multi-housing portfolio venture located in six states. JLL worked on behalf of the owner, Sunroad Enterprises, to capitalize the portfolio with Fairfield, who was awarded the portfolio through a targeted marketing process. Additionally, JLL also arranged $415 million in financing … [More]

Wilson Investment Properties announced the acquisition of Mountain Vista Commerce Center, a three-building industrial/flex complex located at 14647 S. 50th Street in Phoenix’s Southwest Valley. The ±134,713-square-foot property offers high-quality small-bay industrial space in the heart of the Silicon Desert, one of the fastest-growing industrial sub-markets in the … [More]

In just under a year, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a series of new leases to bring Ridgeview Plaza in north Mesa, to 100% leased. Located on more than 12 acres at 2920 N. Power Rd., Ridgeview Plaza totals more than 124,000 square feet, situated immediately north of McDowell Road and just west of the Loop 202 freeway. The … [More]

Camelot Homes broke ground at Villas II, the second phase of its premier 23-home lock-and-leave community of single-family detached residences within the prestigious, critically acclaimed Seven Desert Mountain golf community. The Camelot team was joined by Mayor Lisa Borowsky and representatives from Desert Mountain Club and the Scottsdale Chamber of Commerce as they turned the … [More]

Following the approval from the Village Planning Committee, Vestar, one of the largest privately held retail real estate companies in the western United States, announced that they are moving forward with plans to develop one of their newest projects- Laveen Towne Center. The open-air shopping center will sit on a 90-acre site in the heart of Laveen, a rapidly growing community … [More]

INDUS Realty Trust, Inc., a U.S.-based logistics real estate business, announced that it completed the acquisition of a fully leased, three building, 731,571 square foot Class A warehouse/distribution portfolio in the Phoenix, Arizona market. The portfolio features market-leading attributes, including 30-foot clear heights, 124 dock-high doors, and rail access. The three … [More]

Sunbelt Investment Holdings, Inc., a retail developer and owner, has experienced substantial leasing progress at Buckeye Commons West, a key extension of its Buckeye Commons development. The project has achieved significant milestones with sitework now complete. Pads have been delivered to a strong lineup of major brand tenants, emphasizing a drive-thru pad tenant format. … [More]

Neighborhood Ventures, a real estate operator and an online real estate investment company that enables both accredited and non-accredited investors to invest in multifamily properties, has closed on Venture on Maryland, a 78-unit multifamily community in Central Phoenix. Acquired in a pre-foreclosure transaction directly from the bank for $10.7 million (down from a 2022 … [More]