Caliber, a real estate investor, developer, and manager, announced completion of the funding for the first phase of the Company’s SP10 project, which will bring much needed new housing units to the Ahwatukee Foothills neighborhood in South Phoenix. The project will begin with the conversion of an existing 160-room hotel to 104 apartment units with Class A amenities. This will … [More]
Developer to Begin Construction on New Hotel-Conversion Housing Development in Ahwatukee
Hotel conversion and property expansion to bring 104 new apartments and 88 townhouse-style units to prime South Phoenix location
General Contracting Co. Expanding Metro Phoenix Opportunities with New Lead Hire
Phoenix-based Stevens-Leinweber Construction has hired industry veteran Travis Dana to lead the company’s business development efforts as it continues its historic growth in the metro Phoenix market. In his role, Dana is charged with supporting and expanding existing SLC client relationships and pursuing new ground-up construction and tenant improvement opportunities for the … [More]
Elevated Class A Office Project in Mesa’s Riverview District Unveiled
Full-service commercial real estate firm Lincoln Property Company (Lincoln) unveiled plans for an expanded amenity package and move-in-ready speculative office space at Union Building One, the first of four Class A office buildings being developed by Lincoln and Harvard Investments in the heart of Mesa, Arizona’s Riverview District. Designed by award-winning interior architect … [More]
Phoenix Industrial Real Estate Market Is a Bright Spot in Today’s Economic Climate
Positive net absorption, continuing expansion by key players, strong pre-leasing and lower construction starts drive positive outlook
Thompson Thrift, a full-service nationally recognized real estate company engaged in industrial, commercial, multifamily, mixed-use and retail projects across the country, shared insights on the current state of the Phoenix industrial market and why they feel notable plans for near-term investment demonstrate a promising outlook for the future of the market. "While national … [More]
Canadian Real Estate Investment Firm Moves U.S. Western Operations to Phoenix
Trez Capital, a leading investment manager and provider of innovative and opportunistic financing for commercial real estate, is pleased to announce the relocation of its western United States operations to Phoenix. This strategic move aligns with the firm’s focus on operating in the strongest investment markets across North America. “This is a purposeful move for Trez … [More]
Upscale, Garden-Style Multifamily Community Sells in Mesa
Development of upscale multifamily community completed in December 2022
P.B. Bell, a Scottsdale-based developer specializing in multifamily housing communities in Arizona, and Rockpoint, a Boston-based real estate private equity firm, announced the sale of The Landing at Fiesta Village, an upscale, garden-style multifamily community in Mesa, Arizona. Financial terms of the transaction were not disclosed. Fiesta Village is located in the core of … [More]
Partnership Brings Scottsdale Two Major Experiential Mixed-Use Retail and Entertainment Projects
Scottsdale is set to welcome its newest and hottest entertainment district as Diversified Partners, the Scottsdale real estate brokerage and development company, and Palmer Development Group, the development firm renowned for transforming landscapes into innovative destinations, join forces. The dynamic duo is poised to transform Scottsdale with two major experiential mixed-use … [More]
80 Acres in Casa Grande Purchased for New Power Switching Yard and Substation
new power switching yard and substation to address growing power needs in Casa Grande’s West Industrial area
A recently purchased 80-acre parcel in Casa Grande will become a new power switching yard and substation, which will extend capacity and services to the Casa Grande West Industrial area. Casa Grande’s industrial sector has seen a significant increase in industrial users and developers in recent years as the manufacturing industry and related suppliers relocate or expand to … [More]
Two Affordable Housing Multifamily Communities Coming Soon to Metro Phoenix
Greenlight Communities, along with Bryten Real Estate Partners, its selected property management company, announced leasing is now underway at their two newest apartment communities. Both communities are located in Metro Phoenix with move-ins set to begin in July and August. Greenlight’s Streamliner communities are focused on providing residents with brand new rental homes … [More]
Real Estate Developer Sells Goodyear Airport Portfolio, Two Fully Leased Industrial Buildings
CIM Group announced the sale of the Goodyear Airport portfolio which is comprised of two, fully leased industrial buildings totaling 726,802 square feet located at 2250 S. Litchfield Road and 1685 S. Litchfield Road, adjacent to the Phoenix Goodyear Airport in Arizona. CIM Group acquired the 450,619-square-foot building at 2250 S. Litchfield Road in August 2021. The building … [More]
