Superstition Gateway in Mesa, Arizona has a new property team. Vestar, the leading privately held shopping center owner and manager in the western United States, has been awarded the role of property management, while retail brokerage specialist Western Retail Advisors will oversee leasing. The Phoenix-based companies will work collaboratively to maximize occupancy and … [More]
NAIOP Arizona Honors 40-Year Industry Veteran
Mike Haenel, an Executive Vice Chair with Cushman & Wakefield in Phoenix, has been named NAIOP Arizona’s 2025 Award of Excellence recipient. The award will be presented at the Best of NAIOP awards ceremony on May 1 at the Arizona Financial Theatre. The event will also celebrate Best of NAIOP’s own 30 incredible years of excellence in commercial real estate. The NAIOP … [More]
Denver-Based Capital Co. Announces New Real Estate Venture with First Arizona Acquisition
Canopy Real Estate Partners, a private equity firm launched by real estate veteran Jay Rollins, has acquired ParkView Townhomes in Surprise, Arizona for $8.8 million. The transaction marks the first Arizona investment for the Denver-based firm that has recently expanded to the Valley, specializing in partnering with emerging real estate talent in the middle … [More]
Developer Gains Phoenix City Council Approval for Office-to-Residential Redevelopment
Caliber, a real estate investor, developer, and manager, announced the recent Phoenix City Council’s unanimous approval of the Company’s Canyon Village redevelopment project. The project has successfully rezoned and received all necessary government approvals to retrofit a distressed +300,000 square foot office building to a 376-unit rental multifamily residential building. The … [More]
Builder Completes Purchase of 218 Lots within Queen Creek Community for $21M
Land Advisors Organization’s Homebuilding Team recently completed the sale of 218 single family final platted lots within the Borgata at San Tan Heights to Taylor Morrison Homes for $21 million. The parcel, which is located at the SWC of Thompson Road and Hunt Highway in Queen Creek is just over 131 acres in size. The sale was facilitated by Ryan Semro, Ben Heglie, Bret … [More]
Developer Breaks Ground on Shops at the Cardinal in Glendale
Diversified Partners, a Scottsdale-based real estate brokerage and development firm, celebrated the official groundbreaking of its newest project, Shops at the Cardinal, with a ceremonial shovel and dirt photo op at the southeast corner of 91st Avenue and Cardinals Way in Glendale. The event drew a large crowd, including Mayor Jerry Weiers, members of the Glendale City Council, … [More]
Homebuilder Acquires Nearly 40 Acres in Gilbert for Another New Residential Community
Tri Pointe Homes, serving the Phoenix market for over 30 years under the name Maracay, has acquired approximately 40 acres of land in Gilbert, Arizona, for $18.2 million. Located at the southwest corner of Pecos and Greenfield Roads, Tri Pointe intends to develop the land into a new residential community named Lusitano that includes 76 preliminary platted homesites, with sales … [More]
Sundt Construction Names New Building Group President
Sundt Construction announced that Chad Buck has been promoted to president of the company’s Building Group. In this role, Buck will oversee all operations and strategic initiatives within the Building Group, furthering Sundt's commitment to delivering excellence in construction. He replaces outgoing Building Group President Teri Jones, who will stay on with the company in an … [More]
CRE Firm Names More Leaders in Effort to Grow Healthcare Sector
Transwestern Real Estate Services announced that Kathleen Morgan, CCIM, MCR has joined the firm as Managing Director, bringing more than 25 years of experience to the Healthcare Advisory Services team. Morgan will advise physicians, medical building owners, practice groups, hospitals, healthcare providers, and others in the healthcare industry on critical real estate … [More]
Graycor Names New Head of Southwest Division
Leading general contractor Graycor Construction Company has hired 30-year industry veteran Brett Helm as General Manager of its Southwest Division. Part of Graycor’s senior leadership team, Helm is charged with leading the company’s regional talent pipeline and diversifying and expanding its presence across commercial real estate growth markets. Based in Graycor’s Phoenix … [More]
