OrthoArizona, the state’s leading private orthopedic practice, announced today a significant expansion initiative that will bring its world-class musculoskeletal care to more communities throughout the Phoenix metropolitan area. By 2027, OrthoArizona plans to open five new facilities and expand four existing locations, reinforcing its mission to deliver high-quality, … [More]
Investment Co. Sells Expansive Phoenix Area Resort for $865M
Trinity Investments, a U.S.-based hospitality-focused real estate investor, announced the sale of the JW Marriott Phoenix Desert Ridge Resort & Spa, a 950-room hotel and the largest resort in Phoenix, for $865 million to Ryman Hospitality Properties, Inc.. Trinity acquired the asset in 2019 for $602 million, with financial backing from Elliott Investment Management. In … [More]
Solar and Storage Co. Conversion Announces U.S. Headquarters in Mesa
Apex Power Conversion, a solar and storage company, announced the ribbon cutting of its United States headquarters and manufacturing facility in Mesa, Arizona in conjunction with the American Clean Power Association’s CLEANPOWER 2025 Expo at Phoenix Convention Center. This 206,000 square-foot facility, currently used for customer engagement and product training, will be … [More]
CRE Co. Brokers $137M Luxury Multifamily Property Sale in Chandler
Institutional Property Advisors, a division of Marcus & Millichap dedicated to serving the company’s institutional clients, announced the sale of Zaterra, a 392-unit multifamily property in Chandler, Arizona. The asset traded for $137.5 million, or $350,765 per unit. “Chandler is among the highest barrier to entry submarkets in the Phoenix metro and Zaterra is one of … [More]
Energy Co. Announces Manufacturing Expansion in Goodyear
GTI Energy, a division of Buffalo based GTI Fabrication, a leading contract manufacturer of mission critical equipment, announced plans of a $33 million initial investment, with plans to invest another $20 million to open a 530,000-square-foot manufacturing facility at Lakin Park in Goodyear, Arizona. The strategic expansion is driven by increasing demand in the renewable … [More]
