Phoenix
Southwest Value Partners Buys 2 Phoenix-Area Hilton Resorts
The new owner plans substantial upgrades at the two Scottsdale properties.
APS Adheres to 100% Clean Energy Future
Arizona Public Service anticipates ending all coal-fired generation by 2031, seven years sooner than previously projected.
Mark IV Capital Delivers 4th Building at Phoenix Business Park
The developer broke ground on the 156,823-square-foot, Class A asset in 2018.
Suburban Phoenix Storage Facility Changes Ownership
Natixis provided the new owner with a $7.1 million acquisition loan for the 91,569-rentable-square-foot property.
Vestar Sells Metro Phoenix Retail Center for $62M
The 245,000-square-foot Crossroads Towne Center was 99 percent leased at the time of sale.
NorthMarq Scores $185M Refi for Northrop Grumman Campus
The recently opened, 47-acre campus in Chandler, Ariz., manufactures launch vehicles for commercial and military customers.
Avison Young Expands Phoenix Footprint
The company has signed a six-year lease for a new office within the Camelback Lakes campus.
Kimco Realty Sells 2 Phoenix Shopping Centers
The REIT traded the 307,000-square-foot portfolio for nearly $27 million, with the buyer securing acquisition financing from CIBC Bank.
Phoenix’s Biltmore Center Sells in Landmark Deal
The $212 million deal marks the largest multi-tenant office sale of the past 12 months and the fourth-largest in the metro’s history.
Upcoming Phoenix Biomedical Campus Lands New Tenant
Transwestern’s Managing Director Mark Stratz and Senior Vice President Scott Baumgarten acted on behalf of landlord Wexford Science + Technology.