Phoenix

Menlo Equities Acquires Phoenix Office for $52M

The property, fully occupied by Wells Fargo, is situated within Papago Park Center, a large-scale mixed-use development in Tempe, Ariz.

Transwestern Adds Experts to Phoenix Office

Kate Morris and Vince Femiano, who collectively bring more than 50 years of health-care real estate experience, and Kevin Smigiel, are joining the firm from CBRE.

Exeter Property Group Buys Phoenix Industrial Asset

The company acquired a 123,754 square-foot warehouse in the Southwest Valley submarket. DAUM Commercial represented both buyer and seller in the off-market transaction.

Phoenix Office Building Commands $48M

Mainstreet Capital will provide property management services for the four-building complex. Cushman & Wakefield, which brokered the sale, will retain the leasing.

FCP Sponsors $12M Opportunity Zone Industrial Deal

Baker Development Corp. will build the 325,000-square-foot property in the Phoenix suburb of Goodyear. Fintech platform EquityMultiple raised $2.4 million from its accredited investors for the transaction.

Amazon-Leased Logistics Hub Completed in Phoenix

Graycor delivered the roughly 569,000-square-foot, Class A facility that the e-commerce giant will use as a fulfillment center. The building is part of a master-planned bulk distribution park.

Hines Continues Arizona Storage Expansion

The company is set to develop two facilities in Tempe and Litchfield Park. The properties are expected to be completed by the end of this year.

Jackson-Shaw, LaPour Partners Kick Off Metro Phoenix Industrial Project

The joint venture is developing Parc Germann, a new 224,471-square-foot, two-building industrial property in Chandler, Ariz. The facility is expected to open this year.

Phoenix Retail Center Trades for $20M

Executive Managing Directors Ryan Schubert and Michael Hackett of Cushman & Wakefield brokered the sale of the 90,264-square-foot Madison Village Marketplace.

Phoenix Corporate Tower. Photo courtesy of Cushman & Wakefield

Balfour Pacific Enters Phoenix Office Market With $42M Buy

The iconic Phoenix Corporate Tower is anchored by the Arizona Department of Child Safety and has been renovated multiple times since its construction in 1965.