Phoenix
DAUM Commercial Secures 10-Year Lease in Chandler, AZ
The company worked on behalf of Advanced Circuits to relocate the circuit manufacturer’s Arizona operations. The move is expected to bring 150 new jobs to the area.
Vantage Data Centers to Add 160 MW in Phoenix
The campus will comprise three data centers across 1 million square feet in Goodyear, Ariz. The initial phase will add an initial 32 megawatts and is slated for completion in 2020.
Hines Opens Offices at Chandler Viridian in AZ
The office property is part of the larger 25-acre Chandler Viridian master-planned development, which will also include hotel, residential and retail services.
Phoenix Newspaper Headquarters Sells for $38M
The ViaWest Group acquired the Arizona Republic’s headquarters in the city’s central business district. Current tenants, all affiliates or spinoffs of Gannett, will remain at the property.
Equus Capital Sells 345 KSF Office in Scottsdale
Working on behalf of the seller, Newmark Knight Frank facilitated the disposition of Raintree Corporate Center, a two-building, multi-tenant asset.
Scottsdale Showroom Property Changes Hands
The 110,000-square-foot asset features local and national interior designers, retailers and art dealers. A Cushman & Wakefield team arranged the transaction on behalf of the seller.
Arizona Voters Reject Renewable Energy Proposition
The constitutional amendment would have required 50 percent of the electricity provided by APS to come from renewable sources by 2030, irrespective of the cost to customers.
A Nuanced Analysis of Phoenix’s Industrial Market Boom
With the metro boasting dynamic speculative industrial development, Lee & Associates Arizona Principal Chris McClurg explains why developers favor certain submarkets of the city.
Heslin Holdings Acquires Tucson Retail Asset
The acquisition is part of the company’s plan to invest $75 million in shopping centers across the nation during the next year.
CBRE to Manage 1 MSF Data Center Portfolio
Lincoln Rackhouse and Principal Real Estate Investors acquired three data center campuses in top-performing U.S. markets. The assets underwent a $200 million renovation program prior to the transaction.