Phoenix

Top 5 Phoenix Submarkets for Office Transactions

Investors have focused on high-end and value-add properties across several key areas of the metro as demand for modern office space continues to climb.

Blackstone Sells Phoenix’s Largest Resort

Trinity Real Estate and Elliott Management have acquired JW Marriott Desert Ridge, a 396-acre luxury property.

Cushman & Wakefield Arranges Sale of Arizona Mixed-Use Asset

The brokerage firm represented the seller, Presson Corp., and the two buyers, ICON Builders and Dunbar Real Estate Investment Management.

Isola to Consolidate Operations in New Arizona HQ

The laminates maker will occupy a 118,000-square-foot facility in the Phoenix suburb of Chandler.

Regus-Leased Office Asset Changes Hands in Greater Phoenix

Working on behalf of McAfee Investments, Cushman & Wakefield negotiated the sale of a 41,876-square-foot building in Tempe, Ariz.

Arizona’s 2nd-Tallest Building Commands $93M

The JV that acquired the 31-story Phoenix office asset is set to invest $15 million in upgrades.

Tempe Westin. Image courtesy of CAI Investments

CAI Investments Secures $87M for Arizona Hotel

The 18-story, 290-key Westin in downtown Tempe is slated to open in the second quarter of 2021.

Nike Jumps Into Phoenix With $70M Acquisition

The 2018-built industrial asset contains more than 900,000 square feet of Class A space.

Cohen Asset Management Buys Arizona Logistics Center

The company expanded its footprint with the acquisition of a 329,000-square-foot industrial facility in Tolleson, Ariz.

Caliber Cos. Acquires Hospital in Phoenix Opportunity Zone

The company plans to invest nearly $10 million in renovating the 96-bed facility, which will house Medical Behavioral Hospital of Phoenix.